South Korea passes the first AI regulations
South Korea has launched a landmark set of laws to regulate AI before any other country or bloc (the EU's regulations are set to go into effect in stages through next year). Under Korea's AI Basic Act, companies must ensure there is human oversight for "high-impact" AI in fields like nuclear safety, drinking water, transport, healthcare, and financial uses like credit evaluation and loan screening. Companies must also give users advance notice about products or services using high-impact or generative AI, and clearly label AI-generated output that is difficult to distinguish from...
South Korea has launched a landmark set of laws to regulate AI before any other country or bloc (the EU's regulations are set to go into effect in stages through next year). Under Korea's AI Basic Act, companies must ensure there is human oversight for "high-impact" AI in fields like nuclear safety, drinking water, transport, healthcare, and financial uses like credit evaluation and loan screening. Companies must also give users advance notice about products or services using high-impact or generative AI, and clearly label AI-generated output that is difficult to distinguish from...
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