South Korea confronts 'growth without jobs' as chip profits surge

EconomyLee Jae Myung's administration planning permanent fund to share gains from AI boomSouth Korean President Lee Jae Myung is going with the chairmen of Samsung Electronics and SK Hynix to San Francisco on [DATE] for meetings with global tech leaders. (Nikkei montage/Source photos by Reuters)STEVEN BOROWIECJuly 24, 2026 21:59 JSTSEOUL -- South Korean President Lee Jae Myung will head to San Francisco on Friday in a bid to turn the global AI investment boom into broader economic gains at home, as surging chip profits produce few new jobs.