• 2026.06.29 (Mon)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

AI Bill Passes South Korean Committee Amidst Concerns

Desk / Updated : 2024-12-18 10:07:45
  • -
  • +
  • Print


Seoul, South Korea – South Korea is poised to become a global leader in artificial intelligence (AI) as the nation's parliament, the National Assembly, moved one step closer to passing a comprehensive AI law. The "Act on the Promotion of Artificial Intelligence and the Creation of a Trust-Based Foundation" cleared the Legislation and Judiciary Committee on Wednesday, paving the way for a final vote in the plenary session.

The bill aims to foster the growth of the AI industry while ensuring the technology is used responsibly. Key provisions include the establishment of a national AI strategy, support for AI data centers, and regulations for high-impact AI systems that could pose risks to human life, safety, or fundamental rights.

However, the legislation has not been without controversy. Civil society groups have expressed concerns about the lack of a clear prohibition on harmful AI applications and the potential for insufficient penalties for companies that violate the law. They have called for stronger safeguards and greater accountability.

Industry representatives have also raised objections, particularly regarding a new provision that allows the government to investigate AI companies even without a formal complaint. They argue that this could stifle innovation and create an overly burdensome regulatory environment.

Meanwhile, the National Assembly also approved a bill to repeal the Mobile Device Distribution Improvement Act, commonly known as the "single-price system law." This law has been in place since 2014 and has restricted the amount of subsidies that mobile carriers can offer on smartphones. The repeal is expected to increase competition among carriers and lower prices for consumers.

While the AI bill is seen as a positive step for South Korea's AI industry, experts say that the success of the legislation will depend on how it is implemented. The government will need to establish clear guidelines and provide adequate support for businesses, while also ensuring that the public's safety and privacy are protected.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
Desk
Desk

Popular articles

  • Tesla and BYD Penetrate South Korea’s Stronghold as Domestic Auto Sales Stumble

  • Battle for Semiconductor and AI Talent Intensifies: 360 Global Corporations Converge in Seoul

  • President Lee Assures 'Zero Tolerance' for Corruption, Outlining Vision for South Korea as an 'Irreplaceable Global Leader'

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065575163938876 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • South Korea Struggles to 3rd Place in World Cup Group Stage; Commentator Park Moon-sung Blasts Manager Hong Myung-bo’s Lack of Tactics
  • BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won 
  • Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation
  • Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis
  • Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante
  • South Korea's Path to Round of 32 Grows Perilous Following Australia-Paraguay Draw

Most Viewed

1
Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
2
Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah
3
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
4
Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”
5
Rediscovering a ‘World Where People Live’ 20 Years After the Hwang Woo-suk Scandal: A New Era of Science and Collective Intelligence
광고문의
임시1
임시3
임시2

Hot Issue

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis

Political Debates Spark Over Semiconductor "Windfall" Redistribution

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers