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AI & Enterprise

MSIT to draw up blueprint for national AI safety ecosystem, master plan due in December

South Korea will prepare a national AI safety policy, using a public-private working group involving industry and experts to detail a management system for responding to AI risks and measures to strengthen safety capabilities. The Ministry of Science and ICT said it will form the working group for a national AI safety ecosystem master plan and begin full operations in October. It plans to finalise the master plan by December after reviewing proposals and consulting relevant ministries.

Industry

Kim Bong-jin says Tada incident left psychological barrier to innovation, calls for startup regulatory reform

Kim Bong-jin, founding chair of the Korea Startup Forum and founder of Baemin, said the Tada incident left entrepreneurs with a psychological barrier to building innovative services. Former and current forum chairs, marking the group’s 10th anniversary, called for improvements to the startup regulatory environment, including a shift to negative regulation and the creation of a fair, open market for competition. They also urged continued dialogue with government and parliament to improve systems.

AI & Enterprise

NIPA, Korea Startup Forum join hands to support growth of AI, ICT startups

The National IT Industry Promotion Agency (NIPA) said on July 24 it signed a memorandum of understanding with the Korea Startup Forum on July 23 at Maru360 in Seoul to support innovative growth of AI and ICT startups. The two sides will cooperate on infrastructure to provide public resources based on demand, address regulatory hurdles and difficulties in the field, work on policy cooperation reflecting private-sector views, and support global expansion using overseas hubs and networks.