South Korea Labor Minister Calls on Tech Firms to Share Excess AI Profits with Suppliers, Staff

South Korea’s labour minister wants tech firms to share AI windfalls

The argument is about who the AI boom is for. South Korea’s labour minister, Kim Young-hoon, has called on the country’s largest technology firms to share the windfall profits flowing from the AI-driven chip cycle, warning that record sector gains risk widening the gap between the conglomerates capturing them and everyone working below the top. […] This story continues at The Next Web

Exclusive: South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staff

South Korea’s labour minister called on the country’s major tech firms to share the spoils of their massive windfall profits, warning that unprecedented chip-sector gains stemming from the AI boom risked widening a gap in inequality.Read MoreThe post Exclusive: South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staff first appeared on The Who Dat Daily.The post Exclusive: South Korea labour minister calls …

South Korea labor minister calls on tech firms to share excess AI profits with suppliers, staff

The government, businesses and unions should discuss how to share "excess profits" and narrow the gap between conglomerates and smaller suppliers, Kim Young-hoon said.

South Korea: Tech Giants Urged To Share 'Windfall AI Profits'

South Korea's labour minister has urged major tech firms to distribute excess profits from the AI-driven chip boom to suppliers, subcontractors and workers. The post South Korea: Tech Giants Urged To Share ‘Windfall AI Profits’ appeared first on StratNews Global.