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South Korea Floats 'Citizen Dividend' Using AI Profits - Slashdot
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South Korea Floats 'Citizen Dividend' Using AI Profits - Slashdot

slashdot.org·slashdot.org·20 days ago
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South Korea's presidential policy chief is calling for a "citizen dividend " that would return some AI-driven profits and tax revenue to the public. The Straits Times. From the report: Presidential policy chief Kim Yong-beom said in a Facebook post that a portion of the profits and tax revenue derived from the artificial intelligence boom "should be structurally returned to all citizens." That is because, Mr Kim argued, the economic gains from AI are based at least partly on industrial infrastructure built by the country over five decades. Mr Kim's comments come after tens of thousands of people gathered outside Samsung's main chip hub in April to demand employees get a greater share of AI profits. The company's labour union wants 15 per cent of operating profit handed to chip-division employees. The union has threatened an 18-day strike starting May 21.…

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