South Korea’s AI strategy faces global competition and political roadblocks



Analysis South Korea’s AI strategy faces global competition and political roadblocks With no legislative support, South Korea turns to presidential committee to foster AI innovation amid global competition John LeeOctober 7, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON South Korean President Yoon Suk-yeol speaks at the inauguration ceremony and first meeting of the National Artificial Intelligence Committee on Sept. 26, 2024 \| Image: ROK Presidential Office South Korea’s presidential office launched the National AI Committee at the end of September to advance its artificial intelligence (AI) strategy, adopting a flexible regulatory framework as it looks to become a top three player in this space. But the decision to launch the committee arguably reflects ROK political division more than the exigencies of the emerging AI industry. There are currently six AI-related bills proposed in the National Assembly, but lawmakers are still in the process of gathering opinions regarding the bills’ regulatory content. On the one hand, the decision to focus on presidential committees allows the administration to © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. LATEST ANALYSIS 01Lee Jae Myung’s ‘pacemaker’ strategy tests South Korea’s leverage with Trump 02Trump’s Korea investment victory lap masks safeguards Seoul still controls 03North Korean POW dispute tests Seoul-Kyiv trust and future Ukraine policy 04South Korea’s CPTPP push exposes the cost of turning trade gains into consensus 05AI storage boom gives South Korea battery makers an EV overcapacity lifeline 06South Korea’s Mexico strategy runs into the hard limits of USMCA politics 07Preschool test ban forces South Korea’s English hagwons to rethink placement 08Lee Jae Myung’s Wall Street pitch tests South Korea’s capital market credibility

Analysis

South Korea’s AI strategy faces global competition and political roadblocks

With no legislative support, South Korea turns to presidential committee to foster AI innovation amid global competition

John LeeOctober 7, 2024

South Korea’s AI strategy faces global competition and political roadblocks

South Korean President Yoon Suk-yeol speaks at the inauguration ceremony and first meeting of the National Artificial Intelligence Committee on Sept. 26, 2024 | Image: ROK Presidential Office

South Korea’s presidential office launched the National AI Committee at the end of September to advance its artificial intelligence (AI) strategy, adopting a flexible regulatory framework as it looks to become a top three player in this space.

But the decision to launch the committee arguably reflects ROK political division more than the exigencies of the emerging AI industry. There are currently six AI-related bills proposed in the National Assembly, but lawmakers are still in the process of gathering opinions regarding the bills’ regulatory content.

On the one hand, the decision to focus on presidential committees allows the administration to

South Korea’s AI strategy faces global competition and political roadblocks

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John Lee