A top South Korean policymaker suggested citizens should receive an “AI dividend” funded by taxes on AI-related profits, reflecting pressure to redistribute gains from the AI boom benefiting firms like Samsung Electronics and SK Hynix. Presidential policy chief Kim Yong-beom’s Facebook post triggered sharp swings in Korean equities, with the Kospi falling as much as 5.1% before paring losses after clarification that he referred to excess tax revenue rather than a new windfall tax. Investors in S

A top South Korean policymaker suggested citizens should receive an “AI dividend” funded by taxes on AI-related profits, reflecting pressure to redistribute gains from the AI boom benefiting firms like Samsung Electronics and SK Hynix. Presidential policy chief Kim Yong-beom’s Facebook post triggered sharp swings in Korean equities, with the Kospi falling as much as 5.1% before paring losses after clarification that he referred to excess tax revenue rather than a new windfall tax. Investors in Samsung and SK Hynix also saw volatility but recovered some losses. The remarks highlight rising concern over AI-driven inequality and growing views of AI as national infrastructure.