Storylines / Organisation
National Assembly of Korea
3 developments involving National Assembly of Korea in 1 country or body. The most recent is South Korea’s National Assembly passes the AI Basic Act, 260 votes to 1, 26 Dec 2024.
KeyStory
- South Korea’s National Assembly passes the AI Basic Act, 260 votes to 1
AI providers serving Korean users got a dated national AI law with duties for high-impact and generative AI, giving companies a year to prepare.
- South Korea bans deepfake campaign videos in the 90 days before elections
Campaigns, parties and voters in South Korea faced criminal penalties for deepfake campaign videos in the run-up to the April 2024 parliamentary election, with election officials policing the ban.
- Korea passes K-Chips Act, raising chip investment tax credits to 15% for large firms
Korean chipmakers, which supply much of the memory used in AI accelerators, can claim larger tax credits on new fab investment in Korea.