00:02you're listening to AI prism from Seoul economic daily Korea just doubled how long young workers
00:08can keep an income tax break for taking a job at a regional small business Hyundai Motor Group
00:15kicked off a training program for 500 young workers and most of it is happening outside Seoul
00:22Naver locked in a billion dollar investment from Nvidia a sign of how fast Korea's AI hiring
00:28market is heating up and more than a third of employees admit they're already using AI tools
00:34their company never approved it's Tuesday July 28th let's look at what this means for job seekers
00:41and graduates in Korea right now a young worker gets a five-year income tax break for taking a job
00:48at a small or mid-sized company no matter where that company is located that's a problem because
00:55regional labor shortages vary sharply and a flat five-year rule hasn't done much to draw workers
01:01into shrinking areas the government's fix expected in next month's tax code revision treats regions
01:07differently instead of applying one flat rule nationwide here's what the numbers show the
01:14government plans to extend the tax exemption for young workers at regional small and mid-sized firms from
01:20five years to as long as 10 years under next month's revision workers in population declining regions get the full
01:2810-year window while other non-metro areas get seven years a jump from today's uniform five-year cap that
01:35ignores
01:35regional gaps Hyundai Motor Group opened its first hint job training cohort for 500 young trainees running 90% of
01:45the
01:46coursework outside the greater Seoul area to build regional career pipelines Samsung SDS found that 38% of
01:54surveyed employees use unauthorized personal AI tools at work above the 24% using company approved software
02:03Naver raised $1 billion from Nvidia in its first stock issuance in 22 years making the chip maker its third
02:11largest shareholder
02:12and pointing to fresh hiring demand in Korea's AI infrastructure sector so what does this mean for
02:19job seekers and graduates in Korea earlier we said the tax break window for regional jobs just doubled
02:26here's what that actually means for you locking in a regional small business job now secures tax savings for up
02:34to a decade not just the first five years with Hyundai and Naver both opening structured entry paths job seekers
02:42eyeing
02:43manufacturing AI or a fresh start outside Seoul have more concrete options to target this hiring season
02:51that's today's AI prism students and grads this episode was produced with AI assistance based on
02:58Seoul economic daily reporting and reviewed by human editor AI prism is a one I for award-winning series
03:07we'll be back tomorrow you've been listening to AI prism from Seoul economic daily
