South Korea has introduced the world’s first comprehensive Artificial Intelligence (AI) law called the AI Basic Act to improve safety and trust. The law came into force earlier than the European Union (EU) AI Act, which will be phased in till 2027. It mandates human oversight for high-impact AI used in areas like healthcare, transport, nuclear safety, finance, and water supply. The law aims to make South Korea a top global AI leader but startups fear regulatory burden.
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