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The Chief of the South Korean Presidential Policy Planning Staff proposed using AI Tax to distribute money to citizens, causing a temporary stock market downturn.

The Chief of the South Korean Presidential Policy Planning Staff proposed using AI Tax to distribute money to citizens, causing a temporary stock market downturn.

BlockBeatsBlockBeats2026/05/12 05:10

BlockBeats News, May 12th, Presidential Secretary of the Office of Policy, Kim Yong-beom, stated that the country should use the tax revenue from AI profits to pay "dividends" to citizens.


CEO of Fibonacci Global Asset Management, Jung In Yun, commented that Kim Yong-beom's remarks "indicate that the South Korean government is increasingly viewing AI as national infrastructure, not just another tech trend. This is a positive development for South Korea's AI ecosystem—particularly for companies involved in semiconductors, power equipment, and domestic AI platforms."

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