South Korea has unveiled the world's first comprehensive AI regulations aimed at enhancing safety and trust in artificial intelligence. Effective immediately, the AI Basic Act mandates human oversight in high-impact sectors like healthcare and finance, with fines up to 30 million won for non-compliance. While Science Minister Bae Kyung-hoon emphasizes the law's role in positioning South Korea as a top AI player, startup leaders express concerns over ambiguous details and potential compliance burdens.