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OpenAI CEO Sam Altman’s oft-discussed promise that Americans will share in the wealth AI creates was in the news again last week. On Thursday, the Financial Times reported that Altman is in talks with President Trump about giving the US government a 5% stake in OpenAI.
In some ways, Altman’s plan is old news. He wrote about a more radical version of this back in 2021, proposing that all companies above a certain valuation (not just AI companies) pay 2.5% of their market value each year into a fund that sends Americans annual disbursements. In April this year, OpenAI described a narrower proposal that closely resembles what Altman is reportedly discussing with Trump now. And the notion has broad political appeal: Senator Bernie Sanders has proposed giving Americans a 50% stake in top AI companies.
What’s the logic here? For would-be recipients, it’s twofold. First, AI learns directly from human-generated work—books, movies, art—but AI companies generally never pay the authors of that work. A free equity stake could serve as a form of belated compensation. Second, the payout could mitigate the widespread anxiety that AI will cause a collapse of the labor market (even if economists disagree) by providing a safety net.
How large a safety net is up for debate. Details of OpenAI’s latest proposal are sparse, but let’s say the government were to distribute this equity stake directly to Americans. After its funding round in March the company was valued at $852 billion, making a 5% stake in OpenAI worth about $42.6 billion today (the company is reportedly delaying its IPO until it can reach a $1 trillion evaluation, a tall order given that it’s spending heavily on data centers and still has not turned a profit). Distributing that $42.6 billion equally among the roughly 133 million American households would give each about $320 in equity. But if it were to operate like other wealth funds, the government would not give equity directly to Americans but rather let the fund grow and then share a portion of the returns with everyone, perhaps delivering a bigger payout, if and when AI companies can ever start sustainably turning a profit.
If this dividend does materialize, what’s in it for tech companies? Altman might hope the promise of payouts could help swing public opinion a bit more back toward AI companies. (A majority of Americans don’t trust companies to use AI responsibly and oppose construction of data centers in their area, and half are more concerned than excited about the increased creep of AI into their daily lives.)
But the bigger prize for OpenAI might be that the Trump administration loves making tech deals—like its equity stake in Intel and its share of Nvidia’s sales to China, among others. Staying on the administration’s good side is pretty essential for AI companies right now (just ask Anthropic). It could mean not having your models deemed a supply chain risk, or getting more help from the White House in stopping your rivals from China.
My main takeaway is that these plans currently function more as a story than a policy. Altman has been talking about some version of this idea for five years and reportedly pitched it to President Trump soon after he took office, yet there is still little indication that a concrete plan is taking shape. The more ambitious proposal from Sanders is even less likely to gain traction.
But what these plans do reveal is just how up for debate the future of AI still is. Altman drew inspiration for his plan from the Alaska Permanent Fund, which was set up in the 1970s to give Alaskans a share in oil profits. The idea was based on two premises: that oil is a shared resource, and that eventually it will run out. Altman seems happy to concede the first claim about AI. But he’d balk at the second, having promised that AI will generate extraordinary wealth for decades to come. Whether Americans ever receive a check is beside the point; the proposal’s real purpose may be to convince them that the AI boom will be large enough to share.
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.
South Korea’s hottest new bachelors are chip workers
Baek, a 35-year-old manager at the South Korean semiconductor titan SK Hynix, was enrolled in a matchmaking company a year ago. In a move typical of anxious South Korean parents, his mother signed him up, hoping to find a good wife for her son.
Lately, says Baek, he and his coworkers are having better luck finding dates—perhaps because of the dazzling bonuses they just got. Flush with eye-popping profits from the AI chip boom, SK Hynix agreed to pay 10% of operating profits to employees, which translates to an extra $476,000 per employee this year. Samsung workers received a similar deal this May.
With their newfound wealth, chip workers like Baek have become the most sought-after bachelors and bachelorettes in South Korea.
Discover how AI chip profits are transforming South Korea’s dating market—and stoking anxieties.
—Michelle Kim
A device that revives eyeballs from dead donors could make eye transplants possible
It’s not easy to transplant a whole human eye. The surgery is difficult, and eyes start to degenerate as soon as they’ve left the body. When surgeons attempted it a few years ago, the newly transplanted eye couldn’t see.
But researchers believe they might have a solution: a device that maintains and revives freshly removed eyeballs using a technique called perfusion. Treated eyes don’t degrade as quickly and appear to retain the ability to transmit electrical signals—and potentially see.
The device could one day make whole-eye transplants a viable possibility. Here’s how it works.
—Jessica Hamzelou
The must-reads
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.
1 The UN’s chief has warned that AI is outpacing global rules
He’s called for globally harmonised guardrails. (Reuters $)
+ The UN also said AI could worsen global inequality. (Guardian)
2 An Israeli battlefield system identified 850,000 targets in Gaza and Lebanon
Elbit Systems says it detected targets in real time. (Guardian)
+ Congress wants to permanently integrate US and Israeli defence tech. (Intercept)
+ How AI turned the Iran conflict into theater. (MIT Technology Review)
3 EU transparency rules have exposed Microsoft’s tax haven tactics
A new report shows how it shifts profits around to reduce tax bills. (NYT $)
+ Other US companies will soon need to provide similar reports. (Engadget)
4 A spacecraft has launched an audacious mission to rescue a NASA telescope
LINK will try to tug the SWIFT observatory to a higher orbit. (New Scientist $)
+ It will attempt to grab the telescope with three robotic arms. (BBC)
+ The observatory studies gamma-ray bursts. (NBC News)
+ We’re putting more stuff into space than ever. (MIT Technology Review)
5 Chinese tech giants are disabling humanlike AI due to new regulations
ByteDance and Alibaba have shut down the features. (SCMP)
+ Beijing is tightening its AI regulations. (Nikkei Asia)
6 Anthropic wants to develop its own drugs
The company says it will pursue treatments for “neglected” diseases. (Verge)
+ It’s also got a new AI for science product. (MIT Technology Review)
7 India is testing an alternative to Silicon Valley’s AI playbook
It’s based on small, offline, multilingual, open-source AI. (Rest of World)
+ India’s AI infrastructure is also attracting investors. (CNBC)
8 Big Tech has suddenly flipped on the AI jobs wipeout scenario
Negative public opinion has sparked a more optimistic public stance. (WSJ $)
+ The AI jobs hysteria needs a reality check. (MIT Technology Review)
9 Midjourney has accused Hollywood studios of covertly using AI
It’s escalated its legal fight with Disney, Universal, and Warner. (Gizmodo)
10 A martian rock has lots of carbon on it, and it’s not clear why
Scientists cannot yet tell whether biology played a role. (Ars Technica)
Quote of the day
“It’s just his AI and my AI going back and forth.”
—An anonymous employee explains why she’s struggling to develop a good working relationship with her boss, Fortune reports.
One More Thing

The AI relationship revolution is already here
AI is everywhere, and it’s starting to alter our relationships with our spouses, kids, colleagues, friends—and even ourselves.
Although the technology remains unpredictable and sometimes baffling, individuals from all across the world and from all walks of life are finding it useful, supportive, and comforting too.
People are using large language models to seek validation, mediate marital arguments, and help navigate interactions with their community. They’re using it for parenting support, self-care, and even to fall in love.
Explore how AI is changing our relationships.
—Rhiannon Williams
We can still have nice things
A place for comfort, fun, and distraction to brighten up your day. (Got any ideas? Drop me a line.)
+ Radiohead’s seminal album “OK Computer” has been reimagined as a Nintendo 64 soundtrack.
+ Graphic design history meets stamp collecting in this beautifully curated archive of postage stamp design.
+ As Lionel Messi lights up another World Cup, his former coach breaks down his style of play in this fascinating analysis.
+ Armchair engineers will enjoy the brilliant product teardowns of everyday items like clicky pens and lighters on Mechanical Pencil.
Baek, a 35-year-old manager at the South Korean semiconductor titan SK Hynix, was enrolled in Sunoo, a matchmaking company based in Seoul, a year ago. In a move typical of anxious South Korean parents, his mother signed him up, hoping to find a good wife for her son.
Lately, says Baek (who asked to be referred to by his last name to protect his privacy), he and his coworkers are having better luck finding dates than they used to, perhaps because of the dazzling bonuses they just got. Flush with eye-popping profits from the AI chip boom, SK Hynix struck a landmark deal last year with its labor union to pay out 10% of operating profits to employees, which translates to an extra $476,000 per employee this year. A similar agreement and sizable lump sum followed for Samsung workers this May.
With their newfound wealth, chip workers like Baek have become the most sought-after bachelors and bachelorettes in South Korea. “I have a coworker who’s perpetually going on blind dates, and he’s been getting so many recently,” says Baek. “For the past few months, I’ve been getting many blind dates too, perhaps because of the bonuses I got.”
Lately, young South Koreans joke online that the best outfit to wear on a blind date is an SK Hynix uniform.
The AI chip boom is changing the social fabric of South Korea by minting a new elite of “silicon-collar” workers earning about 20 times as much as the average South Korean. Although it’s helping some chip workers to find relationships, it’s also fueling fears of a deepening wealth disparity—and a loud public debate about inequality.
Love in the time of chips
South Korea is the epicenter of the chip boom fueling the AI race. Samsung and SK Hynix supply the vast majority of the world’s high-bandwidth memory (HBM) chips, which power Nvidia’s AI accelerators—the GPUs used to train AI models. As AI companies spend hundreds of billions of dollars on building data centers around the world, demand for HBMs is rising beyond what suppliers can keep up with, driving their prices to unprecedented levels. Samsung and SK Hynix are raking in record profits as a result.
South Korea’s economy now orbits the two chip giants. In May, both companies topped $1 trillion in market value. And chip exports helped fuel a 1.7% surge in South Korea’s gross domestic product in the first quarter of 2026. South Korea’s main equity index, Kospi, has nearly tripled over the past year, becoming the best-performing market in the world.
Swimming in cash, chip workers are going on shopping sprees in department stores near the “semicon belt” fabs—splurging on everything from lavish furniture and electronic appliances to jewelry and watches. They’re also snapping up homes near the commuter-shuttle routes that ferry workers to campus. And they’re shelling out for matchmakers.
“Quite a lot of people ask me if I can introduce them to chip workers,” says Lee Sung-mi, a matchmaker at Sunoo, who has been playing Cupid for chip workers for years. “In fact, people who once rejected them are asking to be matched with them again, now that their salaries and bonuses have shot so far above what everyone else earns.”
One woman who lives in Gangnam, a ritzy district in Seoul lined with luxury high-rises and designer boutiques, previously turned down a chip worker at SK Hynix because his fab was too far out in Icheon, a rural city about 50 miles southeast of Seoul that’s dotted with rice farms and manufacturing plants. But in May, she asked her matchmaker to set them up again. They’ve now been dating for a month.
In South Korea, matchmaking companies evaluate their clients on a long list of criteria such as education, job, income, looks, and family background, including whether their aging parents have saved enough for retirement. In an economy where housing prices and child care costs are soaring, competition for jobs is fierce, and the social safety net is thin, a good job is the ultimate dating credential—all the more coveted at a time when many young South Koreans are forgoing marriage and children altogether, seeing family life as an unaffordable dream.
Every client at Sunoo gets a spouse rating, determined by an algorithm that assigns scores for each criterion. Since their hefty bonuses were announced, the job ratings of Samsung employees have risen from 80 to 84, while those of SK Hynix employees climbed from 78 to 82. Scores above 90 are reserved for doctors and lawyers. Long prized as paragons of prestige and wealth, they’re now close to being overtaken by chip workers. A score of 99, the highest possible rating, is earmarked for heads of state.
Their new status is reshaping how chip workers themselves approach dating. “Chip workers from Samsung and SK Hynix are enrolling in our services because they feel more financially ready,” says Lee. “They’re also becoming pickier, as they feel like they’re now in a good position. The women want to meet men with higher incomes and better jobs, and the men want to meet younger and better-looking women with better jobs.”
An SK Hynix engineer in her 40s, who was once desperate to get married as soon as possible, started turning down men she would’ve dated before the chip boom. Lately, showered with more matches, she’s been sifting through her suitors more carefully. “She now has peace of mind and wants to take her time to meet someone better,” says Lee.
A mixed blessing
While chip workers enjoy the fruits of their labor, the bonus bonanza is stoking anxieties among other South Koreans. “When wealth disparity is no longer a mere difference of income but, rather, a difference in identity … it can fuel social conflict,” says Se-eun Jung, an economist at Inha University.
Earlier this month, the Bank of Korea warned that the chip boom will create a “K-shaped” economy, where a handful of workers race ahead while everyone else falls behind. The windfall, the bank said, is flowing to high income earners and then barely trickling out to the broader economy. Such polarization could erode people’s motivation to work by narrowing the path to upward mobility, it cautioned.
Workers in other industries are venting online about feeling demoralized by the ballooning wealth gap. “The one-billion-won ($650,000) bonuses have crushed my motivation to work. I have no energy when I teach,” an employee of the Seoul Metropolitan Office of Education wrote on Blind, an app where employees can discuss their workplaces anonymously. Others are giving up the job hunt, lamenting that years of working at a small company could never match a year’s bonus at Samsung.
In a Facebook post in May, presidential policy chief Kim Yong-beom proposed paying an “AI dividend” to citizens by taxing AI profits. The idea sparked a heated public debate over whether the government should redistribute gains from the chip boom. Some argue that the industry is indebted to the society that has educated its engineers, subsidized its infrastructure, and provided tax credits. Others counter that the profits are already being shared with the public as stocks.
Then there’s the question of how long this new social class will last. The semiconductor industry is notoriously cyclical; AI spending may cool, or rival chipmakers could catch up. There’s also the risk that chip workers will be replaced by automation. Samsung announced in March that it plans to fully automate its fabs by 2030, drawing backlash from chip workers.
Although they’re unsure how long the boom will last, chip workers like Baek are riding high, for now. “These days, we say we want to work hard and bury our bones here at SK Hynix,” he says. “And I hope I can find [a wife] similar to me.”
The company also launched multi-language captioning as part of a wider feature rollout that gives the tool new functionality.
The feature replaces a previous text label and is available in iOS and Android.
The platform’s updated artificial intelligence systems are preventing about 25,000 spam posts and comments each day.
The platform has extended its parental oversight for younger children to the Middle East, North Africa and Turkey.

Japan’s SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express.
