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This article explains how AI chips drive national economic planning, using South Korea's record budget as a case study to illustrate the intersection of semiconductor innovation, fiscal policy, and global competitiveness.
South Korea plans to create a 'future response fund' using tax revenue from its semiconductor boom, investing in AI and advanced manufacturing.
The Bank of Italy is reaching out to major AI firms in a bid to tackle the country's productivity challenges, signaling a proactive approach to integrating artificial intelligence into economic policy.