Thursday 10 August 2023

KOREAN MINISTRY OF GOVERNMENT LEGISLATION EDUCATES EMPLOYEES ON GENERATIVE AI AND BLOCKCHAIN

In order to build the digital capacities of its employees, the Korean Ministry of Government Legislation held lectures on generative artificial intelligence and blockchain, considering the global rise of advanced technologies.
 
The three-part series of special lectures titled, “Essential Survival Strategies in the Era of Generative AI,” was organized by Minister Lee Wan-kyu’s to educate Ministry employees on the promotion and regulation of new technologies such as generative AI and blockchain, which have been gaining traction as key topics in recent legislative discussions.
 
The first lecture accentuated how blockchain technology would impact South Korean society in the future and shared insights into the trajectory of related legislation.
 
The second one examined the kind of mindset that public officials should adopt in the era of generative AI, underscoring the importance of reassessing their attitude towards innovative technology while still valuing the essential principles for our way of life.
 
The third one was on virtual assets and anti-money laundering, which emphasized the significance of instituting regulatory measures for preventing money laundering related to virtual assets.
 
There are worries over the potential for virtual assets to facilitate money laundering due to their key characteristics such as anonymity and decentralization.

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