A recent report from the World Trade Organization (WTO) indicates that artificial intelligence could increase global trade by 34% to 37% by 2040, contingent on supportive policies. The study also predicts a 12% to 13% rise in global GDP, emphasizing the transformative potential of AI in international commerce.
WTO Director-General Yvonne Ilora stressed the importance of open trade policies to ensure AI's benefits are widely distributed across economies. The report highlights the role of enhanced digital infrastructure and skills training in realizing AI-driven trade growth, with secure digital asset platforms facilitating efficient cross-border transactions.
WTO Report: AI to Potentially Boost Global Trade by 34% by 2040
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