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South Korean Official Proposes Taxing AI Chipmaker Profits to Fund Basic Income and Youth StartupsSemafor
ai16 days agoDeveloping

South Korean Official Proposes Taxing AI Chipmaker Profits to Fund Basic Income and Youth Startups

Kim Yong-beom suggested on May 12, 2026 that windfall gains from Samsung and SK Hynix be redirected to basic income programs for rural communities and startup funding for young people. The proposal echoes ideas previously raised by several AI industry leaders. Semafor reported th…

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