Thanks To AI Boom, Every Citizen In Taiwan Will Receive Rs 30,000 Cash

Thanks To AI Boom, Every Citizen In Taiwan Will Receive Rs 30,000 Cash

The government expects higher revenues to fund the payment without taking on new debt or disrupting its budget plans. Taiwan President Lai Ching-te has proposed giving every citizen NT$10,000 (approximately Rs 30,000) next year as the island’s economy benefits from the global boom in artificial intelligence, semiconductors, and high-performance computing, Taipei Times reported.

Lai described the payment as an “AI dividend,” saying ordinary people should also benefit from the economic growth driven by the technology industry.

The country’s president described the payment as an “AI dividend,” saying ordinary people should also benefit from the economic growth driven by the technology industry.

As per Seoul Economic Daily , Taiwan has emerged as one of the biggest beneficiaries of the global AI boom, with its semiconductor and technology companies playing a crucial role in supplying chips and computing equipment.