[ChosunBiz] Possibility of New Trade Frictions with the Rise of AI Puts Law Firm on High Alert

November 16, 2023 - ChosunBiz
On November 16, 2023, Chosun Biz featured a comment from Mr. Ko Hwan Kyoung, a partner at Lee & Ko. As increasingly sophisticated AI technologies are being integrated into South Korea’s main export products, such as semiconductors, smartphones, and automobiles, raising the likelihood of falling under US and EU regulatory laws, Mr. Ko noted, “In the case of EU legislation, complying with all the obligations would require significant time and cost for the companies utilizing these technologies,” and added, “The need for localization has become even more crucial.”