Since late 2022, Generative AI, represented by ChatGPT, has exerted a significant influence on business, education, and government. However, related legal and regulatory issues remain unresolved. To advance AI legal education and regulatory development, the International Research Foundation for Artificial Intelligence Law hosted this international academic conference to provide insights for the evolution of AI law in Taiwan.

The two-day conference was presided over by Mr. Chu Chao-Min, Chairman of the Foundation. The opening ceremony on October 28 featured distinguished speakers, including:

In-Jaw Lai, Former President of the Judicial Yuan

Huang Mou-Hsin, Administrative Deputy Minister of Justice

Wu Hsin-Ying, Member of the Legislative Yuan

Joseph Lyu, Chairman of Bank of Taiwan

Kuo Hsiao-Ling, Executive Director of the Yonglin Education Foundation

Wang Jen-Huong, Chairman of the Asia-Pacific Research Institute and Founding President of National Kaohsiung University

Hsieh Meng-Hung, Chairman of Shih Chien University

The second day, October 29, brought together key government and academic figures, including Vice Premier Cheng Wen-Tsan, Minister without Portfolio Lo Ping-Cheng, Minister of Education Pan Wen-Chung, Minister of the National Development Council Kung Ming-Hsin, and Political Deputy Minister of Justice Chen Ming-Tang.

The symposium covered various specialized topics, such as "AI Financial Regulation," "Latest Applications of AI in Finance," "Data Governance in AI Financial Supervision," "Trends in AI Development," "The Impact of Post-Pandemic AI Development on Global Legal Systems," "The Formulation and Trends of the AI Basic Act," and "Legal Challenges and Responses to Generative AI." Local and international experts provided invaluable insights for Taiwan's AI legal landscape.

Professor Li-Ching Chang, CEO of the Foundation, emphasized that AI legal research must align with international standards. She invited global experts to share legislative trends of foreign AI Basic Acts as a reference for Taiwan, expressing confidence in Taiwan's proactive regulatory steps.

Legal Issues of Generative AI and AI Legal Education were the focal points. Dr. Hung Der-Chin, Research Fellow at Academia Sinica, noted that the EU AI Act serves as a vital reference for Taiwan’s draft "AI Basic Act," which covers definitions, ethics, privacy, risk management, industrial development, and compliance. He argued that Taiwan should establish a human-centric AI governance system that balances innovation with risk control.

Professor Jay Lee, a global AI expert, shared the latest developments in AI across industries. He pointed out that future industrial systems will operate in a highly connected manner, making the effective selection and use of data to solve industrial problems a critical issue. He emphasized that the convergence of 5G, industrial big data, the metaverse, and AI will enable systems to identify and prevent risks while improving efficiency.

Mr. Chen-Tso Chu, Secretary General of the Foundation, noted that while Generative AI boosts productivity, it also raises legal concerns such as privacy infringement, fraud, and money laundering. He highlighted the international trend of establishing AI regulatory mechanisms, citing the government's "Guidelines for the Use of Generative AI by the Executive Yuan and Its Subordinate Agencies" and "Core Principles and Policies for the Use of AI in the Financial Industry" as evidence of high-level commitment to AI legal frameworks.

Finally, we would like to thank everyone for participating in the 2023 6th International Conference on Artificial Intelligence and Law: "AI Financial Management, the AI Basic Act, and Generative AI." The event was a resounding success!