Taiwan dollar, South Korea won strong among Asia currencies as AI booms

South Korea will not slow its artificial intelligence development, Deputy Prime Minister and Science and ICT Minister Bae Kyung-hoon stated on Wednesday. He emphasized that the country must balance rapid advancement with appropriate safeguards, rather than hinder the technology's progress. Bae highlighted that South Korea is striving to catch up with leading AI powers while simultaneously creating new markets, setting it apart from nations or organizations at the technological frontier.

He emphasized the importance of "speed responsibility" rather than "speed control" in the government's approach. This stance aligns South Korea with the acceleration side of the ongoing debate about whether developers should moderate the pace of advanced AI systems. Bae's remarks underscored Seoul's commitment to accelerating AI development, despite calls for a slowdown from some experts and industry leaders.