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Blue House Protests Bloomberg Report, Seeks Apology Over ‘People’s Dividend’

Published: · Source: mk.co.kr

Blue House Protests Bloomberg Report, Seeks Apology Over ‘People’s Dividend’
TL;DR: On the 15th, the Blue House sent a protest letter to Bloomberg and demanded an official apology over its report interpreting Kim Yong-beom’s ‘people’s dividend’ proposal as AI firms’ ‘excess profit’ sharing.

The Blue House sent a protest letter to Bloomberg on the 15th and demanded an official apology. The move came after Bloomberg reported that Kim Yong-beom, chief of policy, had proposed a ‘people’s dividend’ by interpreting it as a plan to distribute the ‘excess profits’ of artificial intelligence companies. The Blue House is understood to have judged that the report distorted the intent of the policy and could cause confusion in the market. The case is drawing attention because policy remarks, when conveyed with a different meaning by an overseas media outlet, may affect financial markets and related industries. Bloomberg’s response to the official protest and apology request will be watched. Source: mk.co.kr

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