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KOSPI Falls Over 2% as ‘AI National Dividend’ Remark Draws Fire

Published: · Source: mk.co.kr

KOSPI Falls Over 2% as ‘AI National Dividend’ Remark Draws Fire
TL;DR: On the 12th, the KOSPI hit an intraday record high before falling more than 2% below the 7,700 mark, while Kim Yong-beom’s ‘AI national dividend’ idea was cited in the debate.
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The KOSPI reversed lower on the 12th after setting an intraday record high, dropping more than 2% and giving up the 7,700 level. As the decline unfolded, attention turned to Blue House policy chief Kim Yong-beom’s proposal for an ‘AI national dividend,’ which was cited as a possible trigger in political debate. Opposition parties attacked the comment, calling it the “true colors of the Communist Party.” The controversy spread as the market’s sharp retreat from a record level coincided with renewed focus on the policy idea. Future market reactions and political responses remain key variables. Source: mk.co.kr

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