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South Korea's upgraded AI-committee plan underscores intention to boost innovation, industries (update*)

By Choonsik Yoo ( July 30, 2024, 05:19 GMT | Insight) -- South Korea announced today the establishment of its highest-level committee to oversee artificial intelligence policy. Details reveal the government's intention to treat the innovation as an opportunity to revive the economy and underscore increasingly diverging approaches among major countries toward regulating the technology. South Korea had previously made it clear that it prefers promoting innovation and supporting industries to applying strict regulations on businesses. The new committee aims to launch between late August and early September.South Korea today finalized the creation of its highest-level committee to oversee artificial intelligence policy. Details from the government reveal its intention to treat the innovation as an opportunity to revive the economy and underscore increasingly diverging approaches among major countries toward regulating the technology....

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