The Chief of OpenAI Urges South Korea to Provide Chips for the AI Industry’s Growth.

 

OpenAI CEO Urges South Korea To Focus On Chip-Making For AI Technology

On Friday, Sam Altman, ChatGPT-maker OpenAI’s head, met with South Korean President Yoon Suk Yeol and recommended that the country concentrate on manufacturing chips for the novel technology. Altman is a renowned AI expert who has travelled the world to meet lawmakers and national leaders to discuss AI’s prospects and threats, visited countries such as Israel, Jordan, Qatar, United Arab Emirates, India, and South Korea. The CEO suggested that South Korea should focus on chips since both system semiconductors and memory chips are necessary for AI. Additionally, he recommended that South Korea decrease corporate regulations to foster AI-based programmes and urged the country to play a key part in creating globally acceptable AI regulations.

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‘Pace of tech development is so fast’

As he met with approximately 100 South Korean start-ups, Altman stated, “People are focused on not stifling innovation, and that any regulatory framework has got to make sure that the benefits of this technology come to the world.” Generative AI has rapidly developed in popularity and usage since Microsoft Corp-backed OpenAI launched ChatGPT in 2020, prompting policymakers worldwide to create regulations on safety concerns linked to the technological tool. The European Union is advancing with its AI draft Act, which is likely to become a law this year, while the United States is leaning towards modifying present laws for AI instead of creating new legislation. The presidential office stated, “Because the pace of technology development is so fast, international standards to prevent side-effects associated with ChatGPT must also be prepared hastily,” in response to Yoon’s request for international AI regulations.

South Korea’s new AI regulations, awaiting full parliamentary approval, are seen as less restrictive than the EU’s, according to Seoul-based analysts.

In February 2021, AI draft legislation was passed by a parliamentary committee that ensures freedom to release AI products and services but only restricts them if regulators determine that a product harms people’s rights, safety, and lives.

 

Specialised Markets

South Korea, unlike many countries, has developed its foundation models for artificial intelligence in a discipline that is dominated by the United States and China, thanks to small, indigenous businesses like Naver, Kakao, and LG. Companies are seeking ways to access niche or specialised markets that large US and Chinese tech companies have not yet explored. “To have strength in the global AI ecosystem, each Korean company must first secure specialised technology for vertical AI,” says LG AI Research chief Kyunghoon Bae, referring to AI that has been created and customised for specialised use.

Naver stated that it is eager to create localised AI applications for Middle Eastern nations with political sensitivities, as well as non-English-speaking regions such as Japan and Southeast Asia.

 

Additional Editing By Jim Pollard, Reuters

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

Editor Notes: South Korea’s crucial role to play in the AI ecosystem

As artificial intelligence’s popularity grows globally, Sam Altman, ChatGPT-maker OpenAI’s CEO, believes that South Korea can play a crucial role in creating AI-friendly regulations and producing chips needed for the technology. International standards to prevent problems associated with ChatGPT must also be prepared swiftly due to the pace of technological development. Additionally, small businesses such as LG, Naver, and Kakao are already boosting the nation’s AI sector by providing specialised models for AI. South Korea’s new AI regulations are expected to be less onerous than those in the European Union, according to local analysts.

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