According to a report published by World Trade Organizationthe Artificial intelligence, Thanks to increasing productivity and lower costs, it may increased the value of world trade by nearly 40% to 2040.
“This new report comes amidst the worst disorders in the global trading system over the past 80 years“, Said WTO Director General Nigos Okonzo-Juala, presenting the organization’s annual report.
“Despite the risks to trade, growth and growth prospects, there are positive aspects and one of them is the dynamics of artificial intelligence“, He said.
According to the report, the Artificial intelligence It could lead to an increase in the value of international flows of goods and services by 34 to 37% by 2040, based on various scenarios. The global Gross domestic product (GDP) is projected to increase by 12 to 13%.
However, the WTO stresses that “in order to contribute artificial intelligence and trade without exclusion”, policies that “bridge the digital gap, invest in workers’ skills and maintain an open and predictable commercial environment” must be introduced.
“Artificial intelligence could disturb the work markets by transforming some jobs while replacing others. The management of these changes requires investment in national policies to improve education, skills, reintegration and social protection, “the WTO leader said.
“The current political reaction to trade has been largely linked to the lack of investment in these areas in the last three or four decades of globalization. We do not have the luxury of repeating this mistake with artificial intelligence, “he warned.
The WTO calls for a reduction in inequalities in digital infrastructure between rich and low and medium income.
Source: Skai
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