The summit on AI concluded in Seoul, with South Korea’s science and information technology minister emphasizing the importance of global cooperation for successful development of the technology. The summit, co-hosted with Britain, addressed issues such as job security, copyright, and inequality.
Sixteen tech companies signed an agreement to develop AI safely, while a separate pledge was made by 14 companies to use methods like watermarking to identify AI-generated content and ensure job creation and support for vulnerable groups.
Minister Lee Jong-Ho stated that cooperation is not just an option but a necessity, highlighting the need for collaboration in shaping discussions around AI safety, innovation, and inclusivity. Officials discussed the cooperation between state-backed AI safety institutes to help regulate the technology, with experts emphasizing the importance of enforcing rules and setting obligatory safety standards for AI services before they hit the market.
AI experts stressed the need for companies to prioritize safety over profit, ensuring that AI systems meet safety standards to prevent potential harm and public backlash. South Korean science minister Lee acknowledged that laws often lag behind technological advancements like AI but emphasized the importance of having flexible laws and regulations in place for the safe use of AI by the public.