Taiwan’s economy is booming thanks to AI. Not everyone sees the benefits
Taiwan's economy is experiencing significant growth driven by the semiconductor industry and AI advancements. However, this economic boom is not benefiting all sectors equally, leading to concerns about rising inequality. Many workers outside the tech industry feel left behind as the wealth generated from AI and tech is concentrated in a few areas.
- ▪Taiwan's GDP grew by 8.63 percent in 2025 and 13.69 percent in the first quarter of 2026.
- ▪The semiconductor industry accounts for over 20 percent of Taiwan's GDP, with TSMC being a major player.
- ▪Concerns have been raised about a 'K-shaped economy' where some sectors thrive while others stagnate.
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News|Business and EconomyTaiwan’s economy is booming thanks to AI. Not everyone sees the benefitsTaiwan is experiencing explosive GDP growth due to chip exports, but some Taiwanese feel left out.ListenListen (8 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoPeople stand on the street as they shop for food at Nanjichang Night Market in Taipei, Taiwan, May 17, 2026 [Ann Wang/Reuters]By Erin HalePublished On 27 May 202627 May 2026Taipei, Taiwan – For Li, an engineer at Taiwanese computer giant ASUS, the AI boom sweeping Taiwan has made it an exciting time to work in tech.Taiwan is a semiconductor powerhouse, producing about 90 percent of the most advanced chips used to power leading AI models such as ChatGPT and…
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