Presidential official proposes ‘public dividends’ from AI-driven boom
Presidential official proposes ‘public dividends’ from AI-driven boom
Publish Date: 2026-05-12 06:04:00
Source Domain: www.upi.com
- Presidential chief of staff for policy Kim Yong-beom proposed the introduction of public dividends to distribute the economic gains from an AI-driven boom.
- The proposal came amid Korea’s record-high stock market performance, driven by leading chipmakers like Samsung Electronics and SK hynix.
- Kim highlighted that the economic boom was built on the contributions of all Koreans over half a century, emphasizing the need to share these benefits.
- He suggested calling this initiative “public dividends,” referencing successful foreign models like Norway’s oil-generated profits program.
- Areas like a fund for young entrepreneurs, a pension program for the elderly, and an AI era retraining fund were cited as potential beneficiaries of this initiative.
- Kim’s proposal was noted to be a personal opinion and not a reflection of any official discussions within Cheong Wa Dae.
- The proposal aimed to foster social consensus on how to utilize the economic benefits from AI advancements.
