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Hong Kong/Seoul CNN —Sam Altman, the CEO of ChatGPT maker OpenAI, used a high-profile trip to South Korea on Friday to call for coordinated international regulation of generative artificial intelligence, the technology that underpins his famous chatbot. “As these systems get very, very powerful, that does require special concern, and it has global impact. So it also requires global cooperation,” Altman said at an event in Seoul, ahead of a meeting with South Korean President Yoon Suk Yeol. In China, authorities will also “be initiating AI regulation,” according to Elon Musk, who helped found OpenAI before breaking from the group. As many as 300 million full-time jobs around the world could eventually be automated in some way by generative AI, according to Goldman Sachs estimates.

Persons: Sam Altman, ” Altman, Yoon Suk, that’s, ”, Yoon, Antony Blinken, Elon Musk, Musk, OpenAI, Goldman Sachs, Altman, “ it’s, ” Sam Altman, SeongJoon Cho, Narendra Modi Organizations: Seoul CNN, South Korean, Reuters, World Economic, SoftBank, Bloomberg, Getty, United Arab Locations: Hong Kong, Seoul, South Korea, Sweden, China, India, Israel, United Arab Emirates

On Monday, South Korean President Yoon Suk Yeol announced that the United Arab Emirates had pledged a staggering $30 billion in investment in the Asian country. The news came after the leaders of the two nations held talks in Abu Dhabi on Sunday, in a landmark trip that marked the first-ever state visit to the UAE by a South Korean president, according to a statement from Yoon’s office. In total, representatives from approximately 100 South Korean companies traveled with the president, according to his office. Some South Korean firms also agreed to build farms for tomatoes and strawberries in the UAE, a country that relies heavily on imports of agricultural products. Going forward, South Korea “will be a key partner in the global supply chain,” using its expertise in sectors such as semiconductors and steel-making to help stabilize supply chains, he pledged.

Hong Kong/Seoul CNN Business —Clark Park, a 35-year-old YouTuber, is one of many people in South Korea fed up with high food prices. South Korea is the world’s third largest market for fried chicken, outpaced only by the far more populous United States and China, data from market research provider Euromonitor International shows. Fried chicken on display at a Homeplus store in South Korea. Fried chicken warSellers have taken vastly different approaches to the situation in recent months. In August, emart, another major supermarket chain, launched a one-week promotion to sell fried chicken at almost 50% off — and sold all 60,000 pieces.

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