Korea's state think tank says AI boom hasn't reached households
The Korea Development Institute reports that the economy is still gaining recovery momentum, driven by AI-related sectors, while households have yet to benefit.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
The Korea Development Institute, a state-run think tank, said the Korean economy appears to be keeping its recovery momentum, led by AI-related sectors. It also cut its GDP forecast and urged the Bank of Korea to lower interest rates. The institute said the AI-led recovery has not yet reached households.
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