A new analysis suggests that the widespread adoption of artificial intelligence could lead to a significant increase in tax revenue, potentially adding 70 trillion won to government coffers. The estimate, reported by Reuters and highlighted by OBS12 NEWS, points to the economic ripple effects of AI integration across industries, including higher corporate profits and wages, which in turn generate more tax income.
While the exact mechanisms are still being studied, experts note that AI-driven productivity gains and new business models could expand the tax base. However, the report also warns that without proper policy adjustments, some tax benefits may not materialize evenly across sectors.
The findings come amid global debates over how to tax AI-related income and whether current tax systems are equipped to handle rapid technological change. Governments are urged to prepare for both opportunities and challenges posed by AI's economic impact.