Welcome to the Responsible AI Weekly Rewind January 6th Edition

Welcome to the Responsible AI Weekly Rewind January 6th Edition

In the fast-paced world of AI, staying informed is crucial. That's why the team at Responsible AI Institute curates significant AI news stories each week, saving you time and effort.

What to expect:

  • Key developments in AI technology and policy
  • A concise summary of the week's important stories
  • RAII's Take - a deep dive into our top story, written by the team at RAI Institute

Subscribe to receive the Rewind every Monday to catch up on the top headlines and stay informed about the evolving AI landscape.


1??South Korea Joins EU in Establishing Comprehensive AI Legislation

South Korea has passed the AI Basic Act, consolidating 19 proposals into a unified regulatory framework similar to the EU’s AI Act. The law emphasizes transparency, ethical guidelines, and stricter rules for high-impact AI systems, with fines for non-compliance, reflecting an emerging global consensus on responsible AI governance.

Responsible AI Institute RAI Weekly Rewind

South Korea’s new AI law is a significant milestone in the global AI regulatory space. This new law is the second major comprehensive framework that has been established after the European Union’s AI Act, and will likely be a model for other countries as they develop their own approach towards governing AI. The law, titled “Basic Act on the Development of Artificial Intelligence and the Establishment of Trust”, is the result of harmonizing 19 different proposals on AI from various political parties in South Korea, and seeks to address both AI innovation efforts and ethical and societal concerns. Most notably, the law emphasizes transparency requirements, risk-based classification of systems, establishment of oversight bodies, and ethical development guidelines. In a similar manner to the EU Act, the new South Korean law also includes strict requirements for high-risk systems. South Korea’s AI law signals a maturing AI governance landscape, with other jurisdictions, such as the U.K. and Japan, set to potentially establish similar laws in 2025. After the E.U. and now South Korea, it is only a matter of time before global AI regulation moves at full speed.

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2??Russia seeks to collaborate with China on artificial intelligence

Russian President Vladimir Putin has directed increased collaboration with China, particularly in artificial intelligence, involving the government and Sberbank. This move, seen as a response to Western sanctions limiting Russia's access to critical technology, aims to bolster AI advancements and challenge U.S. dominance in the field.

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3??Why OpenAI’s Structure Must Evolve To Advance Their Mission

OpenAI plans to restructure by converting its for-profit arm into a Delaware Public Benefit Corporation (PBC) to attract necessary funding for its mission of ensuring AGI benefits all humanity. This change aims to balance investor interests, bolster the non-profit's resources, and enable greater contributions to societal sectors like healthcare and education while pursuing AGI advancements sustainably.

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4??Google CEO Pichai tells employees to gear up for big 2025: ‘The stakes are high’

Google CEO Sundar Pichai emphasized the critical importance of 2025 during a strategy meeting, highlighting AI advancements, increased competition, and global regulatory challenges. Key initiatives include scaling the Gemini AI app, introducing new features like a universal assistant, and maintaining focus on efficiency amid cost-cutting measures to stay competitive in a rapidly evolving market.

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5??Microsoft and OpenAI have a financial definition of AGI: Report

Microsoft and OpenAI have defined AGI (artificial general intelligence) as AI systems capable of generating $100 billion in profits, per an agreement where Microsoft retains access to OpenAI's technology until this milestone. OpenAI, currently projecting significant losses and aiming for profitability by 2029, is far from meeting this profit-based AGI threshold, impacting both companies' strategic planning.

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6??YouTube is letting creators opt in to allowing third-party AI training

YouTube is launching a feature allowing creators to let third-party companies train AI models using their videos, with the default setting being off. Creators can enable this option and select specific companies, including names like OpenAI, Microsoft, and Adobe, or allow all listed companies access. The rollout begins in YouTube Studio soon, with unauthorized scraping still prohibited. YouTube views this as a step toward fostering AI-era collaborations while ensuring compliance with creator terms.

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