Lee Jae-myung's 'AI Sovereignty National Dominance System' Stock Price Manipulation vs. US 'Stocks Dividing the Nation'
Lee Jae-myung's 'AI Sovereignty National Dominance System' Stock Price Manipulation vs. US 'Stocks Dividing the Nation'
Presidential candidate Lee Jae-myung attempted to manipulate domestic stock prices with the 'AI Sovereignty National Dominance System' strategy, and the US media pointed out that the national division was polarized between 'stock owners and non-owners'.
On the first day of his presidential campaign, the candidate announced in 'AI Technology Sovereignty' that he would "create an 'AI Basic Society' that analyzes financial, health, food, and disaster risks with AI to protect the lives of the people" and began his campaign by visiting AI-related companies, causing the stock prices of AI companies to soar by 30% at the opening on the 14th.
This candidate’s “Protecting the lives of the people from financial, health, food, and disaster risks with AI” seems to be an imitation of Elon Musk, who established the Trump hard-line conservative system, who took over the federal government with young mathematicians and AI programmers at the ‘Department of Government Efficiency (DOGE)’.
In last year's general election, the candidate relied on 'party member sovereignty' to create a 'representative one-man system' by creating close National Assembly members with 'party members' right to nominate National Assembly members', and in this presidential election, he started a 100 trillion won fund mobilization system with 'AI sovereignty'.
Trump's landslide victory was revealed to be the result of a large investment in a polling campaign strategy that created a list of low-propensity voters with low voting frequency through a "ballot tracking" program and built a tight structure. The election results, which showed a landslide victory for Trump in most of the six states classified as competitive in the opinion polls, led to the introduction of a method of accumulating information by investing a huge amount of money in the ‘voter tracking’ campaign to track voters via mobile phones and analyze their upward voting trends.
This was introduced by the Democratic Research Institute for mobile phone voter information during the first Trump term and the Moon Jae-in term, and the ‘strategy of prioritizing voting tendencies in the selectors’ in the selection of general election candidates was used to achieve a landslide victory, which was packaged as the party member sovereignty of the Lee Jae-myung regime.
Refer to <Trump’s Landslide Victory ‘Vote Tracking’ Closely Focused on Low-Propensity Voters, Korea’s ‘Selection of Candidates’, December 24, 2024>
The biggest divide in American life is not between so-called red states (Republicans) and blue states (Democrats), or between urban and rural citizens, but between those who own stocks and those who don’t, a column in the New York Times pointed out on the 12th.
“The rest of us, about 40 percent of Americans, have to live by old metrics like the cost of housing or even the price of eggs,” the column said. “While many Americans own at least some stocks, 10 percent of Americans own 93 percent of stocks, and the elite class of stockholders are convinced that what’s good for the S&P 500 is good for America.”
Worse, many Americans who own stocks through retirement or pension plans are convinced that their interests are not exactly aligned with those of billionaires, resulting in a kind of ideological capture in which policies that don’t serve the immediate interests of shareholders are dismissed as reckless, radical, or economically illiterate.
The column on the common good said, “As far as that is concerned, it must first be translated into the language of market returns,” and “What good is it if you don’t stand in line? That question (we heard) answers itself,” and diagnosed that stocks are “not only economic but also ideological.”
Ahead of his visit that day, the candidate announced on Facebook, “I will establish a national AI data integration cluster to lay the foundation for a global AI hub,” and “I will secure at least 50,000 GPUs, which are core AI assets, and actively support the development and verification of AI-only NPUs to secure technological sovereignty.” He then visited Furiosa AI to hold a meeting and announced that he would listen to the opinions of the domestic AI semiconductor industry, and related companies soared by 30% immediately after the market opened that day.
As of 9:26 AM on the 14th, when the announcement of this candidate's AI pledge and related company visits took place, AI-related stock WiseNut soared 29.33% compared to the previous trading day, and major AI-related stocks such as Saltlux (20.00%), Eastsoft (16.78%), Polaris AI (10.88%), Vibe Company (9.83%), Maeum AI (9.53%), SPSoft (9.48%), Conan Technology (9.18%), Hangul & Computer (7.03%), and Polaris Office (6.88%) all showed a strong upward trend. Citing market research firm Omdia, Sisa Journal reported on the 13th that “MS and Meta purchased 150,000 units of Nvidia’s high-performance GPU, H100, in 2023 alone, and Chinese IT companies including Google (50,000 units), Amazon (50,000 units), Baidu (30,000 units), and ByteDance (20,000 units) are purchasing tens of thousands of high-performance GPUs each year, while Korea’s total H100 holdings are only 2,000 units.”
The Nvidia H100, a high-performance GPU, costs 50 million won per unit, and with this candidate ‘securing 50,000 units,’ 2.5 trillion won will be invested immediately. Sisa Journal compared the gap with the global market, using data from the Korea Data Center Association, the number of domestic data centers in 2023 will be 153, with 58 private and 68 public data centers, compared to 5,426 in the US, 529 in Germany, 523 in the UK, and 449 in China.
On the other hand, this candidate unilaterally changed the ‘Pacific, India, and Middle East’, which has weak diplomatic and security relations, to an ‘industrial alliance’, saying, “K-AI is essential” and based on the creation of a 100 trillion won fund, “We will create an AI joint investment fund and expand cooperation with Pacific, Indian, and Middle Eastern countries to open the era of a digital population of 1 billion.”
The Trump administration revived the nuclear arms race and started the artificial intelligence race in the first term, and the Lee Jae-myung administration seems to have attached the rhetoric of ‘AI in the Pacific, India, and the Middle East’ to the Trump administration’s AI China pressure.
Regarding the “100 trillion won AI investment era,” this candidate said, “If the entire nation uses ‘Korean Chat-GPT’ as an ‘AI project,’ we can accumulate a lot of data in an instant,” and “We will also work to expand military service exemptions for AI talents and attract overseas talents,” and announced the establishment of a ‘national mobilization system.’
Furiosa AI in Gangnam, Seoul, which candidate Lee visited, is a semiconductor fabless (design specialist company) company that designs NPUs (neural processing units).
Before his visit, the candidate posted on SNS, “I will open the era of 100 trillion won in AI investment,” and said to reporters during his visit, “The people are worried that (Korea) is falling behind in the field of artificial intelligence, but Furiosa AI seems to be showing hope that this is not the case,” and announced ‘investment attraction’ and ‘stock price support. ’
‘Money Today’ reported on this day, “According to the investment industry, Furiosa AI rejected Meta’s M&A proposal last month, which operates Facebook. The value of Furiosa AI suggested by Meta is known to be around 1.2 trillion won, which is about 1.5 times the corporate value (approximately 800 billion won) currently evaluated in the venture capital market, and revealed a stock price support strategy.
The Korean media’s ‘According to industry insiders’ has become a commercialized term disguised as ‘securities company advice.’
The Trump administration of the Republican Party has ideologized the ‘stock market’ as the ‘arbiter of collective welfare.’
The Democratic Party candidate said in the Wall Street Journal, a conservative American media outlet, on December 8th of last year, right after the impeachment motion, “Some people call me ‘the Trump of Korea,’” and “I don’t see myself as ‘hyperpartisan.’ I’m a realist,” and said that he was making a deal with the hard-line conservative Republican Trump regime.
See <Yoon Seok-yeol’s National Assembly ‘Democratic Republic’ Seizure ‘Freedom’ System Overthrow Fascist Coup, Lee Jae-myung’s Immunity Deleted, December 6th>
The NYT column stated, “All presidents, including Trump, have their hearts set on this altar, and most of us implicitly regard any policy that offends the great god Wall Street as a kind of sacrilege,” and “As a result, we treat the stock market as the final arbiter of our collective welfare.”
On the other hand, the stock market is the core of the division in the United States. Stocks do not always reflect economic conditions particularly valuable. Rather, the column noted that misrepresenting stocks as a measure of welfare or economic conditions “not only blinds us to the reality of material conditions, but also makes it impossible to distinguish between widespread prosperity and concentrated integration at the top.”
In April 1990, right after the supply-side Reaganomics hard-line conservatism of the United States, the Dow Jones Industrial Average was at 2,710.
Despite the unquestionably disastrous events of the past week and a half, as the Trump administration began its tariff offensive, the index is now at 40,200.
Does anyone really believe that Americans are about 15 times richer than they were 35 years ago? Even another controversial indicator, gross domestic product, is only five times what it was 35 years ago. In 1970, the median household income in the United States was less than $9,000, a new car cost about $3,400, and the average home cost $26,000.
Today, the median household income in the United States has increased to $80,000, but a new car costs about $49,000 and the average home costs more than $400,000.
In the United States, a capitalist nation that mobilized its citizens with stock supremacy, median income half a century ago generally represented the labor of one wage worker, and car prices reflected the cost of paying good wages to unionized employees.
Today, dual-income households are common in the United States, many cars and trucks are produced by non-union workers, most of them overseas, and more than 40% of the population does not own stocks. When policies benefit the stock market, they are Nazi-style mass mobilization by suppressing criticism, making the policy uncontroversial.
Promoting the idea that stocks will rise is only one possible goal, and it prevents the middle and lower classes from moving from 'laptop' jobs to skilled jobs.
The New York Times column states that the stock market support strategy is "all political choices, no different from the decision to regulate or privatize," and that "a bull market is not a sign of prosperity when real wages are stagnant, housing is unaffordable, and infrastructure is crumbling."
The columnist analyzes the way in which the financial analysts, think tankers, and stock-loving Trump administration that imagine bull markets have caused the supposed damage to the 'economy' to be ignored and the "reasons for our skepticism" to be completely obliterated as national interests and goals, not simply "increasing the numbers," but "clarifying the most important national goals is a small step in a better direction."
Matthew Walther, author of the NYT column, is the editor of The Lamp, a Catholic literary journal, and a media fellow at the Catholic University of America's Institute for Human Ecology.
At his inauguration on January 20, President Trump announced a "national energy emergency" by investing at least $500 billion (KRW 730 trillion) over the next four years in the AI infrastructure construction project "Stargate."
The national emergency of wartime mobilization is the mobilization of AI in "executive dictatorship" in which the federal government strengthens executive orders in a national crisis situation, ignoring congressional budget processing and approval in policy decisions and neutralizing the judiciary.
In his 2022 presidential campaign pledge, this candidate promised to create a stock index surge of 5,000 by returning to the Park Chung-hee-style command economy through a planned economy led by finance on January 2, 2022. The candidate said at the Pohang Jukdo Market last December, “If I become president, I will open the era of the 5,000 stock index,” and on the 3rd, at the Korea Exchange, he stated, “Let’s move toward the 5,000 point stock index through rapid industrial transformation and transparency of the capital market,” and announced the creation of a sharp rise in the KOSPI index to 5,000 as an economic pledge.
The Democratic Party of Korea's election campaign committee announced on the 3rd that the Capital Market Transformation Committee, chaired by Kim Young-choon, head of the KOSDAQ headquarters of the Korea Exchange, will be launched on the 7th, and appointed Rep. Kim Byeong-wook as co-chair.
<Candidate Lee Jae-myung's pledge to restore the Park Chung-hee-style command economy and 'KOSPI surges by 5,000', January 3, 2022>
Right after Representative Lee announced a policy to induce ordinary citizens to invest in 50 trillion won in advanced funds while praising the artificial intelligence (AI) industry on March 6, AI-related stocks plummeted on the U.S. stock market, and Nvidia fell 5.7%.
See <Lee Jae-myung's Advanced Fund 50 trillion AI-related stocks plummet, Nvidia drops 5.7% 'Nazi Strategy', March 7, 2025>
Lee Jae-myung, who followed the 'stock preference' of the Trump regime, announced on March 3 a new economic system transition to "tax-free, labor-shortening, and equal opportunity through AI investment" following the extremist economy of 'eat-and-run' and 'well-run'.
Lee said, "The Ukraine war is also a drone war, so why are hundreds of thousands of young people spending their time in the military sitting in barracks like that?" and "In the end, everything will be drones, robots, and unmanned, so we need to AIize national defense. It will also be a new opportunity for the defense industry," and announced the transition to the Trump regime's military buildup system on that day.
See <Extremist economic vision lacks specific alternatives for the far right, Lee Jae-myung 'tax-free, labor-shortening with AI', March 3, 2025>
<Lee Jae-myung Expands National Interest Hardline Conservatism with Republicanism, July 1, 2021>
<Lee Jae-myung Attacks 'Vested Interest Democratic Party' with Republican Hardline Conservatism, July 29, 2022>