Korean government to repeal regulations in AI industry

businesskorea.co.kr

#SouthKorea #AIpolicy - The South Korean government released a new strategy for deregulation in the AI industry on Tuesday. According to its plan, a large number of AI R&D and commercialisation activities will be deregulated and an investment of approximately one trillion won ($857m) will be made for advanced semiconductor development so that an economic effect of up to 455 trillion won ($389b) can be created by 2030 in the industry. (Business Korea)

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