The Japan Times
AsiaPac · 2 hrs ago
✦ 78◉ Centre
South Korea roils market by floating ‘citizen dividend’ from AI gains
78Accuracy
0Ratings
0Comments
AI Analysis
Accuracy 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
A South Korean policy adviser's proposal to distribute a 'citizen dividend' from AI-related tax revenue caused stock market volatility, with the Kospi index falling 5.1% before recovering as he clarified the plan would use only excess tax revenue from the AI boom.
South Korea roils market by floating ‘citizen dividend’ from AI gains
The benchmark Kospi sank as much as 5.1%, then pared losses after the influential policy adviser clarified he wanted to tap "excess tax revenue" generated from the AI boom.
Discussion 0 comments
Sort:
?
No comments yet — be the first to start the discussion!