South Korea has made headlines by introducing what it claims to be the world’s first comprehensive set of laws regulating artificial intelligence. This landmark legislation aims to bolster trust and safety in the AI sector, positioning South Korea as a potential leader among global AI powerhouses. However, while the intent is commendable, startups are expressing concerns that the compliance requirements could stifle innovation and growth. The new AI Basic Act mandates that companies ensure human oversight in high-impact AI applications, such as healthcare and financial services.