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AI to Alleviate Income Inequality... Must Be Wary of Regulations Stifling Innovation
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global BULL 65/10 Maeil Business · 3h ago

AI to Alleviate Income Inequality... Must Be Wary of Regulations Stifling Innovation

Nobel laureate Peter Howitt emphasized the need to promote AI as a nascent technology and warned against regulations that stifle innovation. President Yoon Suk-yeol met with Professor Howitt to discuss South Korea's innovation-led growth strategy.

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AI Alleviates Income Inequality... Beware of Regulations Stifling Innovation

Nobel laureate Peter Howitt, professor emeritus at Brown University, stated that the 'AI basic income' debated in Korea is premature. He also compared AI to transformative technologies like electricity, automobiles, and personal computers, emphasizing the need to be wary of regulations that hinder AI innovation.

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