The Ministry of SMEs and Startups and the Ministry of Science and ICT will set up a venue to explain the systems and support programs needed by small and venture businesses after the enforcement of the "Artificial Intelligence (AI) Basic Act."
The Ministry of SMEs and Startups (MSS) and the Ministry of Science and ICT said on the 24th that they will hold additional policy briefings for small and venture businesses to strengthen their capacity to respond to laws and systems and to hear on-site opinions during the regulatory grace period.
The Ministry of SMEs and Startups (MSS) and the Ministry of Science and ICT have jointly hosted the briefings since January. More than 300 people attended in person, and about 9,000 watched on YouTube, drawing strong interest. At the last event, they guided attendees through the main points of the "Artificial Intelligence Basic Act," which took effect on Jan. 22, and introduced support programs helpful to corporations.
The upcoming briefings will be linked to events by institutions and organizations. To enhance public communication and policy accessibility, they will also be livestreamed on YouTube. Corporations that cannot attend in person will be able to participate in real-time Q&A. In addition, alongside guidance on laws, systems, and support programs, a channel will be operated where small and venture businesses can receive 1:1 consultations on law and investment.
Park Yong-soon, director general for small and medium enterprise policy at the Ministry of SMEs and Startups (MSS), said, "We plan to structure the policy briefings around the on-site needs so that small and venture businesses can continue their innovation activities by adding AI," and added, "We will do our best to spur AI use by small and venture businesses through discovering and fostering AI startups, spreading smart factories, and promoting region-led AI transitions."
Kim Kyung-man, director general for AI policy at the Ministry of Science and ICT, noted, "In the early stage of the 'Artificial Intelligence Basic Act' enforcement, we will address concerns of startups and other corporations, and we will listen to and reflect the voices of startups in the process of improving the system to advance the AI industry and sustain innovation."