Journalist

Lee Hugh
  • Remembering Goha Song Jin-woo: A Legacy of Journalism and Integrity
    Remembering Goha Song Jin-woo: A Legacy of Journalism and Integrity On May 8, 2026, at 3 p.m., a gathering took place at the Memorial Hall of the National Cemetery in Dongjak-dong, Seoul, where attendees paid their respects to a prominent journalist. The event commemorated the 136th birthday and the 81st anniversary of the passing of Goha (古下) Song Jin-woo.Hosted by the Goha Song Jin-woo Memorial Foundation and supported by the Ministry of Patriots and Veterans Affairs and the Dong-A Ilbo, the ceremony was more than just a memorial; it was a moment to reflect on the origins and future of Korean journalism.The atmosphere in the Memorial Hall was solemn. The ceremony began with a national tribute, followed by the reading of a biography, memorial speeches, a commemorative lecture, a tribute performance, floral tributes, incense offerings, and a moment of silence. Over 300 participants, including descendants of independence activists, veterans, academics, journalists, and citizens, gathered to honor Goha's life.Hyun Byeong-cheol, president of the Goha Free Democratic Research Institute, stated, "The values of freedom and responsibility, peace and coexistence, unity and democracy that Goha left behind are crucial principles that must be upheld even today." This statement served as a stern warning to contemporary Korean society and a profound reflection on the divided times we live in.Yoo Hong-rim, president of Seoul National University, also paid tribute to Goha's life, noting, "In the harsh reality of the Japanese colonial period, he prioritized the freedom and dignity of the nation over his own safety." This sentence encapsulates the essence of Goha's life.While Goha was a journalist, he was not merely a newspaper publisher. He was also an educator, an independence activist, and a politician. However, the most significant title he held was that of a 'public servant' (公人). He placed the fate of his nation and community above his own well-being in the face of the responsibilities demanded by the times.The name 'Goha' means 'standing beneath the old.' It signifies humility before history and tradition, emphasizing a commitment to learning from the past. This is not merely a virtue of modesty; it embodies the spirit of a modern intellectual who sought to balance tradition and modernity, nation and world, freedom and responsibility.The final resonances of the memorial were deepened by a eulogy from Professor Song Sang-hyun, an honorary professor at Seoul National University and Goha's grandson. He reflected on Goha's life not just as a family memory but as a legacy of commitment to independence and the establishment of a free democratic state. He emphasized the importance of passing on the values of freedom, democracy, and national dignity that Goha cherished to future generations. This was a time to reaffirm the spirit of independence and the essence of journalism.The heavy footsteps of attendees leaving the Memorial Hall reflected this sentiment. That day, we were not merely commemorating one journalist; we were questioning the essence of journalism itself.Who was Goha Song Jin-woo? He was born in 1890 in Damyang, Jeollanam-do. His family lineage is from Sinpyeong, and his pen name is Goha. From a young age, he studied Confucian classics and learned about the sorrows of a nation in despair under the guidance of independence activist Ki Sam-yeon. After encountering modern studies, he traveled to Japan and graduated from Meiji University with a degree in law.During his time in Japan, he formed a deep bond with Inchon (仁村) Kim Seong-su. Their relationship transcended mere academic camaraderie; it was a friendship akin to the legendary bond between Guan Zhong and Bao Shuya from ancient China. Like them, Goha and Inchon understood each other's intentions and acknowledged their roles as they walked the path of national education and journalism together.While Inchon laid the foundation for national education and journalism through capital and organization, Goha supported this path with intellect, logic, and writing. Though they had different roles, their goal was unified: to preserve the national spirit of colonial Korea.After returning to Korea, Goha became the vice principal and later the principal of Jungang School. At that time, Jungang School was not merely an educational institution; it was a cradle of national consciousness and a space where the spirit of the March 1st Movement flourished.Goha discussed strategies for independence with figures such as Kim Seong-su, Hyeon Sang-yun, Choi Rin, and Choi Nam-seon. Following the March 1st Movement in 1919, he was arrested and imprisoned in Seodaemun Prison. Although he was acquitted in court, he endured nearly a year and a half of imprisonment.However, prison could not break his convictions. In 1921, Goha became the third president of the Dong-A Ilbo. He later served as president, advisor, and chief editor, intertwining his fate with that of the newspaper. For him, the newspaper was not merely a business; it was the voice, ears, and breath of the nation.Thus, he endeavored to uphold the newspaper's role as a public instrument even amid Japanese oppression. The Dong-A Ilbo launched the Movement for the Promotion of Local Products, advocated for the establishment of a national university, and took the lead in the BnaRod Movement to eradicate illiteracy. Goha believed that journalism should not just convey events but also cultivate the survival capacity of the nation.The newspaper had to be the eye of the times, the voice of the weak, and the conscience of the nation. In 1936, when marathon runner Sohn Ki-jung won a gold medal at the Berlin Olympics, the Dong-A Ilbo published a photo of him with the Japanese flag removed from his chest. This incident, known as the 'removal of the Japanese flag incident,' was not merely an editorial act; it was a journalistic resistance to preserve the dignity of a nation in despair. As a result of this incident, the Dong-A Ilbo faced a suspension and Goha was forced to resign under pressure from the colonial government. However, he did not succumb; he merely stepped down.The Japanese authorities pressured him to cooperate with them, urging him to participate in Shinto rituals and recruit students for military service. Yet, Goha ultimately refused. He protested, stating, "The Dong-A Ilbo is my voice, my ears, my breath, my hands and feet. How can someone whose entire being has been severed act?" He believed that demanding cooperation while silencing the voice of journalism was akin to selling the nation's conscience, which he could not accept.After liberation, Goha faced another historical challenge. While liberation brought joy, it also ushered in chaos. The ideological divide was severe, and the shadows of U.S. and Soviet military administrations loomed over the Korean Peninsula. Goha organized the Preparatory Committee for the National Assembly and served as the chief secretary of the Korean Democratic Party, seeking a path toward a free democratic state. However, the joy of liberation was short-lived.On the morning of December 30, 1945, he was shot at his home in Wonsa-dong, Seoul, ending his life at the age of 55. Goha's death was a personal tragedy, but it also marked a tragedy in modern Korean history. Yet, his life is not merely remembered as a tragedy.He exemplified what journalism should be. He did not bow before power, did not retreat before his nation, and did not remain silent in the face of the times. His journalism was not a commercial skill but a public conscience.Today, Korean journalism must once again ask itself in the shadow of Goha. For whom do we write? Do we write for clicks or for truth? For factions or for the community? In the age of artificial intelligence (AI), journalism has gained unprecedented speed and efficiency. AI can quickly generate articles, and algorithms can finely analyze reader preferences.However, no matter how advanced technology becomes, the essence of journalism remains unchanged: to verify facts, monitor power, protect the vulnerable, and illuminate the direction of the community. AI may be able to write articles, but it cannot replace the conscience of journalism. Algorithms can analyze interests but cannot judge justice.Thus, the spirit of Goha is even more urgent in the age of AI. It is about balancing freedom and responsibility, nation and world, fact and conscience, journalism and public service. Honoring the name of Goha Song Jin-woo is not merely about reminiscing about the past; it is about reaffirming the position that today's journalism must occupy.The spirit of friendship that preserved national education and journalism alongside Inchon Kim Seong-su, and the essence of journalism that upheld its public duty even amid Japanese oppression, are more crucial than ever in our society today.Goha has departed, but the questions he left behind remain unresolved. Whose side should journalism be on? The answer is clear: journalism should not side with power, capital, or factions. Journalism must stand on the side of truth. This is the path that Goha Song Jin-woo has left behind, and it is the path that today's Korean journalism must walk again. 2026-05-10 10:51:43
  • Korean Government to Distribute 2.25 Million Movie Discount Coupons
    Korean Government to Distribute 2.25 Million Movie Discount Coupons The Ministry of Culture, Sports and Tourism and the Korean Film Council are set to distribute movie discount coupons worth 6,000 won to help reduce the cost of movie tickets and support the recovery of the film industry. According to the ministry, the coupons will be available starting at 10 a.m. on May 13. A total of 2.25 million coupons will be distributed, which represents half of the 4.5 million movie discount coupons secured through the 2026 supplementary budget aimed at stabilizing livelihoods and revitalizing the film industry. The remaining 2.25 million coupons will be distributed in July during the summer peak season. The coupons can be used at major multiplex theaters such as CGV, Lotte Cinema, Megabox, and CineQ through their websites and mobile apps. Each online member of these theaters will automatically receive two coupons in their coupon wallet. Moviegoers can select the discount coupon when booking or paying for tickets. However, once the allocated quantity of coupons for each theater is exhausted, the discount will no longer be applicable. Even if a coupon is in a member's wallet, it will automatically disappear if the theater's allocation runs out before it is used. In addition to multiplexes, independent and art-house theaters, as well as smaller cinemas and silver cinemas, will also offer the discount coupons. The ministry stated that while these theaters are encouraged to provide coupons through their websites, those unable to do so due to system limitations will distribute them on a first-come, first-served basis at the venue. Participating theaters can be checked on the Korean Film Council's website. Using the discount coupon will reduce the ticket price by 6,000 won per ticket. However, if the final payment amount after applying the discount falls below 1,000 won, a minimum charge of 1,000 won will apply. The discount can be combined with existing theater discounts. According to the ministry, the 6,000 won discount coupons can be used alongside discounts for 'Culture Day', disability benefits, senior citizen discounts, youth discounts, and early bird discounts. Specifically, for CGV, Lotte Cinema, and Megabox, movie ticket prices are set at 10,000 won on the second and last Wednesdays of each month as part of 'Culture Day' discounts. By applying the 6,000 won discount coupon, moviegoers can watch a film for just 4,000 won. Additionally, discounts from affiliated credit cards can also be applied if the minimum payment conditions set by the card companies are met. However, telecom company member discounts cannot be combined with this coupon. Individuals eligible for disability and senior citizen discounts can also receive discounts on-site, even though online booking is the principle for this initiative. The ministry plans to operate a dedicated support desk to guide moviegoers unfamiliar with using websites or apps on how to book tickets. A ministry policy official stated, "As we welcome the warm spring, we hope this movie discount initiative adds joy to daily life and provides an opportunity for audiences to engage more closely with Korean films. We will continue to support policies that reflect the voices from the field to ensure that the recent trend of audience recovery continues and the Korean film industry can make a strong comeback."* This article has been translated by AI. 2026-05-10 10:49:45
  • LG Electronics President Ryu Jae-cheol: Daily 1% Progress Creates 40-Fold Advantage
    LG Electronics President Ryu Jae-cheol: Daily 1% Progress Creates 40-Fold Advantage Ryu Jae-cheol, President of LG Electronics, emphasized the need to rebuild fundamental competitiveness in quality, cost, and delivery to win against rapidly advancing competitors. On May 10, LG Electronics reported that Ryu made these remarks during his first town hall meeting with all employees at LG Science Park in Magok, Seoul. He urged, "Let’s focus on revealing problems and executing to create a top-tier LG Electronics that grows together with its employees." During the meeting, Ryu redefined LG Electronics' unique working methods and organizational culture innovation campaign as 'Reinvent 2.0' and outlined the direction for change. Having joined the company in 1989 as a researcher at Geumseong's home appliance research institute, Ryu shared his philosophy developed over 37 years, stating, "A daily 1% improvement may seem small, but after a year, it can create a gap of about 40 times. Conversely, a daily 1% decline can lead to a regression of about 1,480 times in a year." He continued, "What we must always remember and practice is to accumulate 1% of change every day. The competitiveness we will build in the future starts with today's 1% improved actions. Let’s achieve small changes and innovations every day." Since 2022, LG Electronics has been promoting the Reinvent campaign, encouraging employees to create enjoyable changes. The company aims to enhance the execution of core values such as growth and communication through the newly established 'Reinvent 2.0' this year, accelerating changes in working methods. Ryu stated, "We need to think about ways to succeed rather than reasons for failure, and we need a new approach that can lead to significant innovations rather than small fixes. I will lead efforts to create an atmosphere where revealing problems is encouraged, starting from the management level." He also discussed the company's performance in the first quarter and the business environment for the remaining quarters, emphasizing the importance of recognizing the realities the company faces from the perspective of revealing problems. "Change is what we do best, and focusing on revealing problems and executing will accelerate the start of Reinvent 2.0," Ryu encouraged employees, adding, "Let’s believe in LG Electronics' innovative DNA and strength, and gather everyone's small changes to transform the future of LG Electronics."* This article has been translated by AI. 2026-05-10 10:48:16
  • K-Expo in Los Angeles: A Platform for Korean Cultural and Industrial Exports
    K-Expo in Los Angeles: A Platform for Korean Cultural and Industrial Exports The '2026 K-Expo USA' taking place in Los Angeles is more than just a cultural event. It serves as a comprehensive export platform that showcases Korean content and products, including K-pop, dramas, films, food, beauty, tourism, and the Korean language, to international markets. The Korea Creative Content Agency announced that the K-Expo will be held from May 23 to 27 in LA, marking the first time the event is hosted in the United States.The significance of this event lies in its location and timing. Los Angeles is not only the heart of the Korean community in the U.S. but also a key hub for the global content industry. It is one of the cities where American consumer culture meets Asian content most rapidly. The Korea Creative Content Agency's decision to hold a separate opening ceremony at LA City Hall further underscores the event's importance.A key aspect to note is the structure of the K-Expo. While past Hallyu events focused primarily on performances and events, this year's expo has evolved to connect various sectors such as food, cosmetics, fashion, tourism, and consumer goods through content. The event is designed to support the international expansion of agricultural, fishery, and consumer goods companies centered around K-content. Various government ministries, including the Ministry of Culture, Sports and Tourism, the Ministry of Trade, Industry and Energy, the Ministry of SMEs and Startups, the Ministry of Agriculture, Food and Rural Affairs, the Ministry of Oceans and Fisheries, and the Ministry of Health and Welfare, are all participating.This shift indicates that Hallyu is no longer just a cultural phenomenon. K-content now plays a crucial role in industrial exports. A single drama can boost cosmetic sales, K-pop performances can enhance tourism spending, and growing interest in Korean cuisine can lead to increased exports of agricultural products. The 'K' brand itself has become a powerful consumer driver in the global market.This is precisely what the government and industry are focusing on. While exporting content itself is important, the 'joint export effect'—where related industries also enter international markets based on content—is even more significant. The content industry is effectively serving as a marketing platform for manufacturing and consumer goods industries.However, the challenge remains that South Korea has not fully leveraged this trend at a national strategy level. Compared to the rapid global spread of Hallyu, the strategies for industrial linkage remain fragmented. Events are often divided by ministry, and support systems frequently overlap. While international markets already perceive the K-brand as a unified entity, within South Korea, policies for content, food, beauty, and tourism operate separately.What is needed now is a more sophisticated national strategy for 'Hallyu industrialization.' The K-Expo should not merely end as a display event; it must establish itself as a practical business platform that connects overseas buyers and investors. It should create a structure that leads to contracts, investments, and distribution network establishment, rather than just one-time performances or experiential events. This is essential for the economic sustainability of Hallyu.The U.S. market holds significant symbolic value as it is the world's largest consumer market and sets the standards for the global cultural industry. If K-content and K-products can establish themselves as a cohesive industrial ecosystem in the U.S., the ripple effects are likely to extend to European, Latin American, and Middle Eastern markets.The true competitiveness of Hallyu now lies not just in the content itself but in its ability to simultaneously elevate industry, exports, tourism, and brand value through a 'composite economic effect.' South Korea has already become a cultural powerhouse that attracts global attention. The remaining challenge is how effectively this can be connected to industrial competitiveness.The K-Expo serves as a testing ground for this potential. The key is not the scale of the event but the outcomes that follow. When it leads to contracts, investments, and market entry, Hallyu can finally transcend being merely a cultural phenomenon and become a comprehensive national growth strategy.* This article has been translated by AI. 2026-05-10 10:46:23
  • South Korean Defense Minister to Discuss Key Issues with U.S. Counterpart
    South Korean Defense Minister to Discuss Key Issues with U.S. Counterpart South Korean Defense Minister An Gyu-baek is set to visit the United States amid ongoing disagreements regarding the transfer of wartime operational control (WOC) and other key issues.According to the Ministry of National Defense on May 10, An will meet with high-ranking officials, including U.S. Secretary of Defense Pete Hegseth, until May 14. This marks An's first visit to the U.S. since taking office in July 2022.An will hold talks with Hegseth in Washington, D.C., on May 11 (local time) and is also scheduled to meet with the acting Secretary of the Navy, the chair and ranking member of the Senate Armed Services Committee, and other U.S. government and congressional officials.This visit comes as sensitive issues between the two countries have accumulated, including the transfer of wartime operational control, cooperation on the construction of nuclear-powered submarines, freedom of navigation in the Strait of Hormuz, and limitations on U.S. satellite intelligence sharing regarding North Korea.The Yoon Suk-yeol administration is pushing for the transfer of wartime operational control as a national agenda, aiming for a target year of 2028 before the current U.S. administration's term ends.During the Korea-U.S. Security Consultative Meeting (SCM) held last year, the two defense ministers agreed to establish a roadmap for meeting the conditions for the transfer of operational control, with plans to complete the verification process for the second stage of conditions by the end of this year.However, recent comments by U.S. Forces Korea Commander Javier Brunson during a congressional hearing indicated a potential timeline of the first quarter of 2029, highlighting a difference in perspectives.Additionally, cooperation on the construction of nuclear-powered submarines, as agreed upon by the leaders of South Korea and the U.S. in a joint fact sheet last year, has been slow to progress amid negative repercussions from the Coupang issue.During his visit, An is also expected to meet with the acting Secretary of the Navy, where discussions on the nuclear submarine issue are anticipated.Coinciding with An's visit, a meeting of the Integrated Defense Consultative Body (KIDD), comprising deputy defense officials from both countries, will take place in Washington, D.C., on May 12-13.Last month, South Korea's chief representative for North Korean diplomacy, Jeong Yeon-du, and security strategy secretary Cho Hyun-woo visited Washington, D.C.A Ministry of National Defense official stated that An's visit aims to facilitate direct communication among high-level officials regarding the implementation of agreements from the Korea-U.S. summit and the SCM, emphasizing that wartime operational control and nuclear-powered submarines will be key topics of discussion. 2026-05-10 10:44:18
  • The Semiconductor Surge: AI Revolution, Memory Wars, and Wall Streets Greed
    The Semiconductor Surge: AI Revolution, Memory Wars, and Wall Street's Greed The global stock market in spring 2026 is once again revolving around semiconductors. The tickers on the New York Stock Exchange and Nasdaq are consistently glowing red, with investors focused on a single term: artificial intelligence (AI).The recent surge in semiconductor stocks on the U.S. market is not merely a rise in tech shares; it signals that the new industrial revolution driven by AI is shaking financial markets, industrial structures, national strategies, and geopolitics simultaneously.Micron's stock jumped 15% in a single day, while AMD and Intel saw increases of nearly 10-15%. This is beyond just a positive market reaction; the market is beginning to view semiconductors as the most critical strategic asset since oil.The atmosphere in the memory semiconductor market has changed dramatically from the past. Once considered a 'chicken game industry,' where companies like Samsung Electronics and SK Hynix would increase supply, causing prices to plummet, the industry has now transformed. Whenever the global economy wobbled, DRAM prices would crash, and semiconductor companies' profits would fluctuate wildly.However, with the advent of the AI era, the market is viewing the memory industry from an entirely different perspective.Today, what AI data centers require is not just simple storage but ultra-fast memory capable of processing trillions of operations per second. The key component is High Bandwidth Memory (HBM), which acts as the brain of AI servers when combined with NVIDIA GPUs. If the GPU is the engine, HBM is akin to the blood vessels supplying it with oxygen.As AI models grow larger, the demand for HBM skyrockets. Companies like OpenAI, Google, Meta, Amazon, xAI, and major Chinese tech firms are all competing in the AI data center race, leading to a near depletion of global HBM supply.SK Hynix has emerged as a key player in NVIDIA's supply chain, earning recognition as one of the biggest beneficiaries of the AI era due to its strong early-mover advantage in the HBM market. Samsung Electronics is also making astronomical investments to secure competitiveness in next-generation HBM4 and advanced packaging.Currently, the global semiconductor industry has shifted from mere corporate competition to a national all-out war.The United States is expanding its advanced semiconductor production base through the CHIPS Act, while China is committed to achieving semiconductor self-sufficiency as a matter of national destiny. Japan is collaborating with TSMC on a semiconductor revival project centered in Kyushu, and countries in India and the Middle East are also competing to attract AI data centers and advanced chip production.Semiconductors are no longer just electronic components; they are military power, a financial system, and a core asset for national security.In fact, most of the key weapons in modern warfare operate on semiconductors. Drones, missiles, satellites, AI reconnaissance systems, autonomous weapons, and cyber warfare systems all require advanced chips to function. This is why the U.S. is tightening export controls on advanced GPUs to China; AI semiconductors are at the heart of future hegemony. The structural characteristics of the AI industry are further stimulating a semiconductor supercycle.In the past, during the internet era, even as the number of servers increased, the growth rate slowed beyond a certain point. However, AI is different. As AI models evolve, they require more data and greater processing power. The number of GPUs needed to train a single large-scale language model like GPT has surpassed that of past supercomputers.Consequently, Wall Street now views NVIDIA not merely as a semiconductor company but as the “oil supplier of the AI era.” GPUs have become the new crude oil, and HBM serves as the pipeline that moves this oil. The issue is that this transformation is dramatically stimulating the market's imagination.Recently, the atmosphere on Wall Street resembles the gold rush of the 19th century. A sentiment has emerged that “any AI-related company will rise.” Companies involved in AI server equipment, power supply, and cooling solutions are all experiencing surges. The market for liquid cooling systems and power infrastructure for data centers is also expanding rapidly.In Texas and Arizona, as well as in Saudi Arabia and the UAE, massive AI data center construction projects are being announced. Some projects are projected to require power equivalent to that of a nuclear power plant. This reveals that AI is not just a software industry but a massive energy-consuming sector.Particularly, the capital expenditures (CAPEX) of major U.S. tech firms have reached historic levels. Annual AI-related investments by Microsoft, Meta, Amazon, and Google exceed the budgets of many countries. These companies are entering long-term supply contracts and pre-order agreements to avoid falling behind in the semiconductor race.Micron's recent surge is also part of this trend. The market is not merely reacting to “strong earnings” but is focusing on the “structural long-term potential for memory shortages.” Unlike past cycles that saw brief surges lasting 1-2 years, the current cycle is expected to continue for several years alongside the expansion of AI infrastructure.However, the market's enthusiasm also signals potential risks. A significant portion of the S&P 500's rise is concentrated in a handful of tech stocks, which is crucial to note. The market is not rising healthily; rather, a few AI stocks are lifting the index. This suggests that the strength of the rally may be weaker than anticipated.Moreover, the recent surge in call option purchases by retail investors is reminiscent of patterns seen during past bubbles. While the belief that AI will transform human civilization may be valid, financial markets have historically overreacted by pricing in the future too aggressively.During the late 1990s internet bubble, the assertion that “the internet will change the world” was indeed true. The internet did transform the world. However, many internet companies' stock prices soared into a fantasy that exceeded reality, ultimately leading to a bubble burst.Today's AI market carries similar risks. The energy issue is a critical variable. AI data centers consume enormous amounts of power. This is why countries worldwide are discussing the restart of nuclear power plants and the expansion of power grids. As the AI industry grows, issues surrounding electricity, gas, and oil will again become significant.That is why Wall Street is currently paying attention to the Strait of Hormuz. If geopolitical tensions in the Middle East escalate and oil prices surge, the cost structure of the AI industry could also be disrupted. While the industry is currently buffered by inventories and reserves, a long-term instability in energy supply chains could shock the AI rally. Ultimately, the global semiconductor market stands at the intersection of technology, finance, geopolitics, energy, and military strategy.In this context, investment sages like Sir John Templeton would caution against the crowd's enthusiasm. He famously said, “The best returns come when people are most pessimistic.” Conversely, when everyone is optimistic, he advised to be wary. Templeton specifically warned that the phrase “this time is different” is often used when people are at their most vulnerable.Currently, Wall Street is essentially shouting “this time is different” regarding AI. Templeton would likely acknowledge the long-term potential of the AI revolution but would also critically observe the market's excessive greed and crowd psychology.Warren Buffett would pose a slightly different question: “Will that company still be making money in ten years?” Buffett focuses on cash flow, market dominance, and management's capital allocation abilities rather than the technology itself. This is why he has been cautious about tech investments but has made long-term investments in Apple, recognizing its strong consumer ecosystem and brand dominance.Buffett also remarked, “When the tide goes out, you can see who has been swimming naked.” In times of abundant liquidity and a strong AI boom, anyone can appear to be a genius. However, when interest rates fluctuate, energy prices soar, and economic slowdowns occur, the differences between genuinely competitive companies and those that are merely bubbles become apparent.Historically, all technological revolutions have followed similar patterns. The railroad revolution, the automobile revolution, and the internet revolution all saw massive investment booms initially, but only a few companies emerged as ultimate winners, while the rest disappeared. Ultimately, the crucial question is not “Will AI change the world?” but rather “Who will survive through that change?”In this regard, Eastern philosophy offers remarkable insights. Laozi stated in the Tao Te Ching, “When filled to the brim, it tips over; when too sharp, it cannot last.” He also warned, “A blade that is too sharp cannot be preserved for long.” The market has always collapsed when it becomes excessive. Unrestrained human desire sows the seeds of its own destruction.Conversely, the I Ching speaks of the principles of change: “When the end is reached, change occurs; when change occurs, there is communication; when there is communication, there is longevity.” This means that when one reaches a dead end, change must happen, and through change, paths open, leading to longevity.Today, the global economy stands on the threshold of that change. AI holds the potential to revolutionize human productivity. However, it simultaneously nurtures significant shadows of energy shortages, geopolitics, financial bubbles, and hegemonic competition. The AI hegemony war between the U.S. and China is not merely an industrial competition; it is a new cold war encompassing semiconductors, energy, data, military power, and financial systems.In this process, South Korea's position is far from insignificant. Samsung Electronics and SK Hynix are now at the core of the global AI supply chain. As the world races toward AI, the strategic value of South Korean semiconductors is likely to increase. However, South Korea must also remain vigilant. If the illusion of a semiconductor supercycle leads to an over-concentration of all industrial structures solely on AI and semiconductors, the risks will grow. Without securing diversity in the industrial ecosystem, energy security, and financial stability, South Korea will inevitably be shaken by external shocks.Ultimately, the market is a mirror of human civilization. Greed and fear, innovation and illusion, technology and desire all intertwine. The current semiconductor rally is undoubtedly a signal of changing times. However, it is also a dangerous heat generated by human crowd psychology.John Templeton would likely say, “Be calm when the crowd is excited.” Warren Buffett would probably add, “Even good companies become bad investments if bought too expensively.” And the ancient texts of the East quietly whisper, “Heaven and earth are not in a hurry, yet they accomplish everything.”The era of AI and semiconductors is not over. In fact, it is likely just beginning. However, the greater the era, the deeper the need for restraint and insight. True masters do not lose their center even amid excitement. This is the harsh truth that Wall Street's history has repeatedly proven. 2026-05-10 10:21:00
  • Pope Leo XIVs Nike Sneakers Send a Message: From Authority to Empathy
    Pope Leo XIV's Nike Sneakers Send a Message: From Authority to Empathy The symbol of religious leaders has always been solemnity, especially for the Catholic Pope, who stands at the pinnacle of tradition and authority. The fact that the Pope appeared wearing Nike sneakers transcends a mere incident and conveys a significant message.The key is not 'style' but 'closeness.' While the Pope symbolizes transcendent authority, he must also understand suffering and life from the closest human perspective. Sneakers symbolize the bridging of that gap. If traditional authority implied a vertical order, modern leadership demands horizontal empathy. Change begins here.Today, trust in authority is waning globally. Distrust in leaders spans politics, religion, and business, structurally expanding. As information asymmetry decreases and individual voices grow louder, authority is no longer automatically recognized. In this environment, leaders must shift from being commanding figures to those seeking understanding.The Pope's image transformation aligns with this zeitgeist. Instead of emphasizing sanctity, he reveals a more human side, reducing distance and communicating in everyday language. Sneakers can be interpreted as a symbolic device indicating a willingness to step into the realities of life.This change is not confined to religion. Similar trends are evident in politics. In the past, a leader's authority stemmed from their tone and formality, but now it is assessed based on actions and attitudes. The same applies to businesses. CEOs are no longer figures making decisions in closed spaces; they must constantly engage with society.What matters is not formality but authenticity. Simply changing attire and projecting an image is meaningless. Changes aimed at fostering empathy must also transform lifestyles and decision-making structures. Otherwise, symbols quickly become consumed and can even undermine trust.The depiction of the Pope as a 'sportsman' can also be viewed in this context. Regular exercise, a healthy lifestyle, and everyday hobbies make a leader appear not as a special figure but as someone living a 'common life.' This does not weaken authority; rather, it strengthens trust, as human empathy forms the foundation of trust.In the context of international politics, these changes hold significance. The statements of religious leaders still serve as moral benchmarks. Particularly regarding issues of war and peace, the Pope's messages possess influence that transcends political interests. In this context, the image of a 'human Pope' enhances the effectiveness of his messages.Ultimately, the core issue is the evolution of leadership. Authority-centered leadership may be efficient but is not sustainable. Empathy-based leadership takes time but fosters deeper trust. Modern society demands the latter.The Pope's sneakers are not merely a fashion statement. They pose a question about what kind of leader the times require. Authority remains necessary, but it is no longer sufficient. People now seek to be understood, and that understanding begins not from a distance but from closeness.Leaders must become increasingly human. This does not dismantle authority; rather, it paves the way for its renewal.* This article has been translated by AI. 2026-05-10 10:09:25
  • Standoff with Iran drags on as Trump seeks breakthrough before China trip
    Standoff with Iran drags on as Trump seeks breakthrough before China trip SEOUL, May 10 (AJP) - Despite U.S. President Donald Trump's optimistic comments about imminent progress with Iran over the weekend, Washington and Tehran have yet to reach a breakthrough in talks to end the months-long Middle East conflict. Sporadic attacks along with exchanges of fire across the Persian Gulf continue to fuel tensions in the region, even as diplomatic efforts appear to remain active behind the scenes. Iranian Foreign Minister Abbas Araghchi told the country's semi-official Fars News Agency last Saturday that Iran is ready to defend its people at "1,000 percent," warning that any strike on its nuclear site sand other facilities would be met with retaliation. Araghchi also said, "Whenever a diplomatic solution is placed on the table, the United States resorts to a reckless military adventure," calling it a "pressure tactic" to secure concessions. "Whatever the reason, the result is always the same: Iranians never bow to pressure, but it is diplomacy that is always sacrificed," he added. Speaking to reporters at the White House the previous day, Trump raised expectations of a response from Iran soon, saying, "I'm getting a letter supposedly tonight, so we'll see how that goes." With these developments, any peace deal to end the prolonged Middle East conflict, which began with joint U.S.-Israeli airstrikes on Iran in late February, now appears elusive, adding fresh uncertainty to an already fragile standoff that was briefly eased by a temporary ceasefire last month. But behind the tough rhetoric, which may be aimed at gaining leverage for a better deal, both sides seem to be looking for a way out, despite Washington pushing for stricter limits on Iran's nuclear activities and Tehran insisting it will not negotiate under pressure or threats. There appears to be real pressure on Trump to make progress in resolving or at least moving forward on the long-drawn conflict as he is set to travel to Beijing for a summit with Chinese President Xi Jinping later this week. There is also growing speculation that some kind of understanding, whether a temporary agreement or diplomatic breakthrough, could emerge before the visit. 2026-05-10 10:09:10
  • Tesla Surpasses Kia to Become Top Electric Vehicle Seller in South Korea
    Tesla Surpasses Kia to Become Top Electric Vehicle Seller in South Korea Tesla has become the top seller of passenger electric vehicles in South Korea, surpassing Kia for the first time last month. According to the Korea Automobile Importers and Distributors Association (KAIDA), Tesla sold a total of 13,190 vehicles in South Korea last month, marking the highest monthly sales ever recorded for imported cars. Tesla first claimed the top spot among imported brands in February with 7,868 units sold and has maintained its lead for three consecutive months. Previously, imported brands were known as the '10,000-unit club' based on annual sales, but analysts suggest Tesla is changing the market dynamics. With this achievement, Tesla has outpaced Kia's electric vehicle sales, which totaled 11,673 units (excluding the PV5). This marks the first time Tesla has become the leading brand in the domestic passenger electric vehicle market. Notably, Tesla's popularity in South Korea is driven by the younger generation, particularly those in their 20s. According to Kaizyu Data Research Institute, new car registrations among people in their 20s saw a 36.3% increase last month, the highest growth rate across all age groups. Considering that the share of new car registrations among those in their 20s fell to its lowest level in a decade last year, this trend indicates that Tesla is leading a significant shift in demand among younger consumers. * This article has been translated by AI. 2026-05-10 09:57:08
  • Defense Minister An Kyung-baeks U.S. Visit: A Chance to Strengthen the ROK-U.S. Alliance
    Defense Minister An Kyung-baek's U.S. Visit: A Chance to Strengthen the ROK-U.S. Alliance Defense Minister An Kyung-baek's visit to the United States carries significant implications. It comes at a time when sensitive issues between South Korea and the U.S., such as the transfer of wartime operational control, cooperation on nuclear-powered submarines, contributions in the Strait of Hormuz, and sharing intelligence on North Korea, are converging. While it appears to be a routine consultation, it is more of a test for managing cracks in the alliance and realigning its direction. Recently, subtle differences in perception have accumulated between South Korea and the U.S. A prime example is the differing views on the timeline for the transfer of wartime operational control. South Korea is considering 2028 as a target, while U.S. military officials have mentioned a later timeframe, reflecting a cautious stance. This is not merely a scheduling issue; it directly relates to the leadership of the defense system on the Korean Peninsula. Wartime operational control is not just a symbol but a matter of actual military operational authority. The fundamental principle regarding this issue must be clear. The transfer of wartime operational control should ultimately enhance South Korea's autonomous defense capabilities. However, the timing and pace should be assessed based on military readiness and the trust between allies, rather than political declarations. Rushing the schedule without meeting necessary conditions could increase security uncertainties. Conversely, delaying the transfer despite adequate preparations would signal inefficiencies in the alliance structure. The issue of nuclear-powered submarines should also be approached in this context. This is not merely about enhancing military capabilities; it is linked to the expansion of maritime strategy. Given North Korea's advancements in submarine capabilities and the military tensions in surrounding waters, strengthening underwater deterrence is an unavoidable task. However, nuclear-powered submarines involve complex international regulations concerning technology transfer, nuclear fuel, and non-proliferation. This complexity is also why discussions between South Korea and the U.S. have been delayed. This matter should be resolved within the balance of long-term strategy and international norms rather than seeking short-term results. The issue of contributions in the Strait of Hormuz presents another layer of challenge. The U.S. request for South Korea's contributions is rooted in a broader trend of expanding roles within the alliance. For South Korea, which heavily relies on energy imports, ensuring the stability of maritime routes is crucial. However, involvement in the Middle East comes with diplomatic burdens and military risks. Decisions regarding participation and methods should be made based on a balance of national interests and risks, rather than merely responding to alliance demands. Sharing intelligence on North Korea is also a test of trust within the alliance. Information is a core asset in modern security. Limited sharing can inevitably reduce operational efficiency. On the other hand, unconditional sharing can lead to issues directly related to sovereignty. Ultimately, the key lies in restoring mutual trust regarding the scope and level of information sharing. Honest discussions on these issues are necessary during this visit to the U.S. Another significant aspect of Minister An's visit is the emphasis on 'direct communication.' Alliances are not maintained through documents alone. While agreements and joint statements between leaders are important, it is the ongoing dialogue among high-level officials that truly operationalizes the alliance. In situations where various issues arise simultaneously, misunderstandings can easily accumulate. To resolve these, it is essential to meet directly to clarify positions and coordinate. The expression by Foreign Minister Park Jin that "alliances are like gardens" warrants reflection. A garden can quickly become unruly if neglected. Weeds grow, and balance is disrupted. Conversely, consistent management allows for harmony among diverse elements. The ROK-U.S. alliance is no different. It is not a structure that maintains itself over time; it requires ongoing management and adjustment. This visit to the U.S. is part of that management process. The important thing is to avoid fixating on short-term results. It is unrealistic to resolve all issues in a single meeting. Instead, it is more crucial to clarify differences in positions on each issue and establish a framework for future consultations. Alliances operate on a structure of continuous discussions rather than one-time agreements. Moreover, security cooperation is not limited to the military domain. It is deeply connected to strategic industries such as energy, semiconductors, and AI. The economic and technological cooperation emphasized by Minister Park is not merely an industrial policy; it is an extension of security. The structure of cooperation between South Korea and the U.S. becomes more complex, encompassing issues like data center expansion, power demand, and nuclear fuel supply. In this regard, this visit could serve as an opportunity to assess the transition from a military alliance to a comprehensive strategic alliance. Discussions are needed on how to design a new alliance structure that integrates security, economy, and technology. This is not just about broadening the scope of cooperation between the two countries; it directly relates to how South Korea secures its strategic space. Ultimately, the core issue is balance. A balance must be found between autonomy and alliance, speed and caution, participation and distancing. Leaning too far in one direction can undermine the sustainability of policies. Even in the process of strengthening the alliance, our criteria for judgment and national interests must be clearly maintained. Minister An Kyung-baek's visit to the U.S. is an opportunity to assess this balance. Alliances require more management when they are under strain. The emergence of conflicts also presents an opportunity for adjustment. The important thing is not to cover up problems but to reveal and coordinate them. The ROK-U.S. alliance remains a central pillar of South Korea's security. However, its form and content must be adjusted to meet the changing times. It is hoped that this visit will go beyond a mere ceremonial occasion and serve as a turning point in redefining the alliance's direction in the evolving security environment. 2026-05-10 09:21:33