Currently Taiwan has no AI-specific laws or regulations, but a draft Basic Act for Developments of Artificial Intelligence was proposed to the Legislative Yuan. The passage is unlikely within the current legislative term. In June 2023, a new government policy titled the “Taiwan Artificial Intelligence Action Plan 2.0” was announced by the Executive Yuan with the intent to increase the value of the local AI industry to more than TWD 250 billion (USD 8.16 billion at current rates). The Ministry of Digital Affairs is expected to create draft acts for AI regulation.
« Receiving support from Singapore, but unsure about own regualtions. » On February 14, 2023, the Korean National Assembly passed out a proposed
legislation to enact “Act on Promotion of AI Industry and Framework for Establishing
Trustworthy AI” (the “AI Act”). Now, the AI Act is only a few steps away from the
National Assembly’s final votes. If passed into law, the AI Act would be the first law
to become a statutory foundation that comprehensively governs and regulates AI
industry in Korea. Major highlights of the bill are expected as follows.
The AI Act makes it clear that, as a general principle, AI regulations must allow anyone
to develop new AI technology without having to obtain any government pre-approval.
The AI Act sets forth certain types of AI that are used in direct connection with human
life and safety as “high-risk AI” and requires that such high-risk AI achieve a certain
level of trustworthiness.
The AI Act provides support for innovative businesses in the AI industry.
The AI Act provides a statutory basis for establishing “ethical guidelines for AI.”
The AI Act sets forth a statutory basis for establishing (i) a “Basic Plan for AI,”
which will likely serve as a policy roadmap for developing AI technology in Korea and
(ii) an ”AI Committee” supervised by the Prime Minister.
