According to the National Law Review, Taiwan's National Science and Technology Council has released a draft bill titled "Basic Act on Artificial Intelligence Development" to establish a legal framework for the advancement and regulation of AI technologies. The draft bill aims to promote AI innovation while ensuring ethical practices and safeguarding public interests.

The proposed legislation outlines several key objectives, including the enhancement of AI research and development, the establishment of ethical standards for AI deployment, and the protection of data privacy and security. By providing clear guidelines and regulations, Taiwan seeks to create an environment conducive to AI innovation and to attract both domestic and international investments in the AI sector.

A significant aspect of the draft bill is its focus on ethical AI, emphasizing transparency, accountability, and non-discrimination in AI applications. The legislation also highlights the importance of public engagement and stakeholder consultation in shaping AI policies, ensuring that diverse perspectives are considered.

Taiwan's draft bill also addresses the need for international cooperation and collaboration in AI development. The government aims to work with other countries to establish global standards and best practices for AI technologies, recognizing the cross-border nature of AI challenges and opportunities.

The draft bill is currently open for public consultation, allowing stakeholders to provide input and suggestions for improvement. The Taiwanese government is committed to refining the legislation based on feedback and ensuring that it effectively balances innovation with regulation.

Taiwan's approach to AI legislation is part of a broader strategy to position itself as a leader in the global AI landscape, leveraging its technological expertise and innovation capabilities to drive economic growth and societal progress.