AI News: South Korean President Issues Dire Warning on AI Risks

As the global race for AI paces each day, nations across the globe appear to be cracking down on this newly emerging technology, bringing out prompt regulations that zero in on tackling AI-related risks. Amid this global crackdown, following the recent scrutiny AI witnessed in the UK, South Korea now joins the fray with its president addressing key concerns surrounding AI risks to the nation’s democracy.

President Yoon Suk Yeol took the stage on Monday, March 18, spotlighting key threats the democracy faces with fake news and disinformation based on AI and digital technology. Concerning this, the president now eyes cracking down on these threats further, coinciding with the UK’s scrutinized stance, as reported by CoinGape Media earlier.

The third Summit for Democracy is hosted by South Korea, an initiative spearheaded by U.S. President Joe Biden. This initiative zeroes in on addressing strategies to counteract democratic lackluster and safeguard human rights and freedom.

Yoon Suk Yeol Addresses AI Concerns At Summit For Democracy

According to a report, speaking at the opening of the Summit for Democracy being organized in Seoul, Yoon stressed the vital importance of nations’ sharing of experiences and insights that aid in harnessing artificial intelligence and technology that bolsters democracy. Per the president’s statement, “Fake news and disinformation based on artificial intelligence and digital technology not only violates individual freedom and human rights but also threatens democratic systems.”

This remark promptly echoed a speculative buzz across South Korea as it hinted at a more scrutinized stance on AI by South Korean regulators moving ahead. Meanwhile, this decision also falls in line with various tightened AI regulatory stances showcased by other nations recently, all aiming to tackle the newly encountered risks with this newly emerging technology.

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AI Threats Raise Global Concerns

Amid the burgeoning rise and adoption of AI, the threats this technology brought upon also garnered notable attention in recent days. Eyeing these threats, nations across the globe embarked upon an artificial intelligence regulatory race, aiming to foster a safe and sustainable environment for users globally.

Aligning with this race, the EU and the UK recently introduced additional measures to tackle AI risks. The Labor Party in the UK forged ahead with combating AI Deepfakes, further showcasing efforts to bring about seamless and efficient regulations that oversee this tech’s use. Whereas, the EU introduced a comprehensive AI legislation, eyeing the balancing of innovation and ethical considerations.

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