WTO Report Sees AI Boosting Global Trade by Up to 37% by 2040
A new World Trade Organization report projects that artificial intelligence could raise global trade in goods and services by about 34-37% by 2040, and lift global GDP by 12-13%, depending on how fast countries adopt AI and build enabling infrastructure. The report warns that without policy support, poorer nations might miss out due to gaps in digital connectivity, semiconductor access, and regulatory readiness. It emphasizes predictable trade rules and investment in skills to ensure benefits are broadly shared.
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29 days ago
WTO Report Sees AI Boosting Global Trade by Up to 37% by 2040
A new World Trade Organization report projects that artificial intelligence could raise global trade in goods and services by about 34-37% by 2040, and lift global GDP by 12-13%, depending on how fast countries adopt AI and build enabling infrastructure. The report warns that without policy support, poorer nations might miss out due to gaps in digital connectivity, semiconductor access, and regulatory readiness. It emphasizes predictable trade rules and investment in skills to ensure benefits are broadly shared.
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WTO Report Sees AI Boosting Global Trade by Up to 37% by 2040
30 days ago
1 min read
78 words
WTO projects major trade & GDP gains from AI by 2040 but cautions on unequal distribution without strong policy backing.
A new World Trade Organization report projects that artificial intelligence could raise global trade in goods and services by about 34-37% by 2040, and lift global GDP by 12-13%, depending on how fast countries adopt AI and build enabling infrastructure. The report warns that without policy support, poorer nations might miss out due to gaps in digital connectivity, semiconductor access, and regulatory readiness. It emphasizes predictable trade rules and investment in skills to ensure benefits are broadly shared.
A new World Trade Organization report projects that artificial intelligence could raise global trade in goods and services by about 34-37% by 2040, and lift global GDP by 12-13%, depending on how fast countries adopt AI and build enabling infrastructure. The report warns that without policy support, poorer nations might miss out due to gaps in digital connectivity, semiconductor access, and regulatory readiness. It emphasizes predictable trade rules and investment in skills to ensure benefits are broadly shared.