Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

South Korean Deputy Prime Minister Bae Kyung-hoon Opposes Slowing AI Development, Says Nation Has No Room to Slow Down

Source Tradingkey

TradingKey - During the Asian trading session on September 16, South Korea's Deputy Prime Minister and Minister of Science and ICT, Bae Kyung-hoon, stated that South Korea will not slow its pace of AI research and development. He advocated replacing mere speed control with 'responsible speed,' strengthening safety management while advancing R&D and industrial applications.

ai-916-83cbe92adaf44731b3fae95e440cf641

[Source: Facebook]

Bae Kyung-hoon believes that leading technology nations proactively adjusting their R&D pace has a different impact than South Korea voluntarily slowing down during its catch-up phase. He added that beyond sovereign AI foundation models, South Korea also needs to develop vision-language models and vision-language-action models capable of observing, understanding, and executing tasks.

The South Korean government will continue to advance sovereign AI foundation models and prepare frontier AI model projects, with specific development directions to be announced in the near future.

Maintaining R&D momentum is also reflected in computing power investments. As Upstage, SK Telecom, and LG AI Research advance to the next round of the sovereign AI foundation model project, the government plans to increase the supply of Nvidia B200 GPUs from approximately 768 units in the first half of 2026 to around 1,000 units in the second half.

Meanwhile, South Korea continues to press ahead with AI safety regulation. The Basic Act on Artificial Intelligence, taking effect on January 22, 2026, specifies transparency requirements for generative AI, obligations for high-impact AI operators, and safety duties for AI systems meeting statutory standards.

The law provides a grace period of at least one year, during which fact-finding investigations and penalties will in principle be suspended, except for incidents resulting in deaths, human rights violations, or other severe social harms.

Bae's remarks respond to recent debates surrounding the pace of frontier AI development. Anthropic CEO Dario Amodei advocates controlling the speed at which frontier model capabilities advance; OpenAI CEO Sam Altman supports introducing independent evaluation mechanisms, and Musk has also expressed support for Amodei's call.

Nvidia (NVDA) CEO Jensen Huang opposes a uniform slowdown in AI development. Speaking at the Dreamforce conference on September 15, he stated that development speed does not conflict with product safety; companies should accelerate technical R&D, but should not release products when functionality and safety cannot be verified. Huang views AI safety as an engineering problem and opposes introducing new laws or regulatory measures for it.

Based on the policies announced by the South Korean government so far, its stance is closer to continuing to accelerate R&D while simultaneously enhancing safety safeguards: the government will make sustained investments in models and computing infrastructure, while managing related risks through the Basic Act on Artificial Intelligence.

Source

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

US August CPI lands tonight: after a 5.4% PPI shock, will the Fed hike on September 16?US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.

Author Irene Q.

Sep 11, Fri

US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.

Brent tests $108 as a key export pipeline stays shut — can the rally clear $110?Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.

Author Irene Q.

Sep 14, Mon

Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.

Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500 A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

Author Suzie

Sep 14, Mon

A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

Gold falls below $4,300 as higher US yields bolster Fed rate hike bets Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week.

Author FXStreet

Yesterday 01: 23

Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week.

【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve begins The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.

Author Irene Q.

Yesterday 08: 16

The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.

Popular Symbols