US EditionAI may boost global trade value by nearly 40%: WTO
Artificial intelligence is projected to expand digitally deliverable services trade by 42%, but rising trade restrictions could limit AI's global trade benefits, WTO reports.
- Artificial Intelligence could boost global trade value by nearly 40% by 2040, according to the World Trade Organization .
- WTO simulations suggest that exports of goods and services could rise 40% above current trends with AI.
- The WTO highlights the need for policies that support inclusive growth through AI and trade, emphasizing the importance of addressing the digital divide.
- The report from the WTO warns that trade restrictions on AI goods could hinder the global dissemination of AI.
47 Articles
47 Articles
WTO: AI may add 37% to global trade by 2040 if inclusive policies are adopted
AI could increase global trade by up to 37 per cent by 2040, says a WTO report. But without strong policies and digital investment, the benefits may widen global inequality and leave some countries behind.
AI set to transform global trade, says World Trade Organization report
Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacerbate economic divides, a new World Trade Organization report warned on Wednesday.
40% AI boost to trade flows likely by 2040: WTO
AI could reshape global trade by 2040, boosting cross-border flows of goods and services by nearly 40%, says WTO. With the right policies, AI may cut costs, improve supply chains, and expand digital services trade, but unequal access and rising restrictions could deepen divides.
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