Technology Development

OpenAI CEO encourages South Korea to provide chips in AI growth

SEOUL, June 9 (Reuters) – ChatGPT-maker OpenAI’s CEO Sam Altman, who satisfied with South Korean President Yoon Suk Yeol on Friday, urged South Korea to engage in a leading purpose in building intercontinental AI benchmarks as very well as focusing on building the chips necessary for the engineering.

Altman, right after crisscrossing Europe last thirty day period assembly lawmakers and countrywide leaders to talk about AI’s prospective clients and threats, has travelled this week to Israel, Jordan, Qatar, United Arab Emirates, India and South Korea.

The CEO proposed South Korea ought to emphasis on chips as equally method semiconductors and memory chips are required for AI, lessen company restrictions to foster AI initiatives, as effectively as perform to location global specifications, South Korea’s presidential place of work claimed.

“Folks are focused on not stifling innovation, and that any regulatory framework has received to make certain that the rewards of this technological innovation appear to the environment,” Altman stated before on Friday as he satisfied with about 100 South Korean startups.

The speedy improvement and recognition of generative AI given that Microsoft Corp (MSFT.O)-backed OpenAI released ChatGPT final yr is spurring lawmakers globally to formulate regulations to handle protection worries connected to the technological innovation.

The European Union is going in advance with its draft AI Act, which is envisioned to turn out to be regulation this year, even though the United States is leaning towards adapting existing legislation for AI instead than building new laws.

“For the reason that the rate of know-how development is so quickly, global requirements to avert aspect consequences connected with ChatGPT need to also be organized with pace,” Yoon explained to Altman, the presidential office said.

South Korea has new AI restrictions awaiting full parliamentary approval. Seoul-centered analysts claimed all those rules are noticed as less restrictive than the EU’s.

In February, a parliament committee handed an AI draft legislation that ensures flexibility to release AI products and services, and will only limit them if regulators deem any merchandise to be harming the lives, basic safety, and legal rights of people.

Specialized niche Approach

South Korea is 1 of several countries that has made its personal foundation versions for artificial intelligence in a area dominated by the United States and China, thanks to area tech firms such as Naver (035420.KS), Kakao (035720.KS), and LG (003550.KS).

The businesses are trying to find ways to faucet market or specialised marketplaces that have not but been tackled by large tech in the United States or China.

“In get for Korean companies to have strength in the world wide AI ecosystem, every organization will have to initial safe specialised know-how for vertical AI,” or AI intended and optimised for precise works by using, mentioned LG AI Investigation chief Kyunghoon Bae.

Naver said it has been eager to develop localised AI applications for nations with political sensitivities in the Center East as effectively as for non-English speaking international locations and regions, these types of as Japan and Southeast Asia.

Reporting by Joyce Lee and Heekyong Yang
Modifying by Deepa Babington, Ed Davies, Gerry Doyle and Jane Merriman

Our Expectations: The Thomson Reuters Belief Ideas.

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