00:00Taiwan's cabinet has proposed a new draft law that would govern the development of AI.
00:05The Artificial Intelligence Basic Act would establish a set of regulations and basic principles
00:11with the goal of turning Taiwan into an AI island.
00:16The bill would also task the government with promoting AI research and infrastructure development,
00:21as well as offering subsidies and tax incentives.
00:24But the draft bill does not say which governmental bodies would be responsible.
00:30The bill has been submitted to the legislature for review.
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