"The reason why there are no specialized artificial intelligence (AI) companies in Korea is because there are too many regulations," said Tae-eon Koo, a lawyer, LIN, at the ET Tech Leaders Forum on the topic of "Data Sovereignty in the Era of Mega AI" on the 26th.
"It is very difficult in Korea for AI development because the Personal Information Protection Act and Copyright Act do not allow learning from information on internet and protect non-identifiable, pseudonymous, and anonymous information," said Koo. "While it is only a matter of time before generative AI takes over the industry, overprotection of personal information threatens national data sovereignty," he added.
Using the automobile industry as an example, he said, "Tesla has released a beta version of fully self-driving (FSD), which is usable for commuting, and it is improving with self-learning. In the case of Hyundai cars, to learn driving data from the car's dashcam would require personal consent from both people on the street taken on the dashcam and license plates on the street, which makes it less competitive."
As an IT expert,
Tae-eon Koo, a partner at LIN, stands at the forefront of legal innovation in emerging industries. He specializes in providing cutting-edge legal and regulatory advice that fosters innovation and convergence for forward-thinking companies operating in high-tech fields like fintech, digital healthcare, e-commerce, and mobility in the digital era. Tae-eon Koo remains dedicated to partnering with innovative companies, continuing to support and contribute to their business endeavors.
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Etnews, Reporter Doo ho Park
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