President Yoon Seok-yeol and Sam Oltman, CEO of OpenAI, the developer of generative artificial intelligence (AI) ChatGPT, met today.

The ‘father of ChatGPT’ gave a command to the Korean economy: “Get rid of regulations”. It was also said that the two men were compatible because ‘deregulation’ was emphasized several times at the semiconductor national strategy meeting that President Yoon chaired the day before.

Yoon and Altman spoke for about an hour at the presidential office in Yongsan, Seoul, about the direction of AI development, possible risks and solutions, cooperation between open AI and Korean startups, and international norms, presidential office spokesman Lee Do-woon said in a written briefing.

“South Korea is not only one of the largest users of ChatGPT스포츠토토 in the world, but it also has the technology base for ChatGPT to thrive,” Mr. Oltman said.

“Korea already has a lot of assets for AI to develop, such as semiconductor manufacturing capabilities, and Korean startups are proving their competitiveness on the global stage,” said Mr. Altman.

“OpenAI will also do its best to support Korean startups,” he added.

In particular, when asked by President Yoon if he had any messages for Korean companies and Koreans, Mr. Oltman emphasized the need to build an AI ecosystem by removing restrictions on business activities. He also suggested increasing the production capacity of system semiconductors to enable AI, and taking a leading role in creating international norms.

Earlier, at the National Semiconductor Strategy Conference held the previous day (Aug. 8), President Yoon asked ministers from various ministries to “remove all regulations that hinder the development of semiconductors.” “Semiconductors are our lives, our security, and our industrial economy itself,” he said.

This drew loud applause among semiconductor industry figures and academic experts, according to spokesperson Lee Do-woon.

Yoon specifically asked Financial Services Commissioner Kim Joo-hyun, “Why else would you have asked me to attend the meeting today?” and urged him to “design a well-designed financial support system for advanced digital companies so that they can go public quickly and their funds can flow well.”

As Yoon shook hands with attendees before leaving the event, he urged officials from the Ministry of Science and ICT and the Ministry of Trade, Industry and Energy to “loosen all regulations that can be loosened.”

An official from the presidential office explained, “The president is feeling a sense of crisis more than ever when it comes to regulating business activities,” and that “Mr. Oltman’s perception of the Korean economy is in line with this.”