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.

from Times of India https://timesofindia.indiatimes.com/technology/tech-news/south-korea-launches-worlds-first-comprehensive-set-of-ai-laws-ahead-of-europe-but-why-startups-are-not-happy/articleshow/127179847.cms