South Korea AI law: Startups fear regulatory risk; Government targets global AI lead
South Korea has launched the AI Basic Act, the world's first comprehensive legal framework for artificial intelligence, aiming to become a global AI powerhouse. While the law mandates human oversight in high-impact areas and clear AI-generated content labeling, local startups express concerns about "regulatory risk" stifling innovation, despite a one-year grace period for compliance.
South Korea has launched the AI Basic Act, the world's first comprehensive legal framework for artificial intelligence, aiming to become a global AI powerhouse. While the law mandates human oversight in high-impact areas and clear AI-generated content labeling, local startups express concerns about "regulatory risk" stifling innovation, despite a one-year grace period for compliance.
