The WTO counted the economic benefits of artificial intelligence. A jump by up to 37 percent
“Artificial intelligence can lead to a significant increase in trade and GDP to 2040, while it is expected that Global trade will increase by 34-37 percent in various scenariosdepending on the stage of policy and technology in economies with low, medium and high income. ” – it was written in the report.
It has been added that global GDP may increase by 12-13 percent. in various scenarios.
– artificial intelligence has Huge potential in reducing trade costs and increasing productivity. However, access to artificial intelligence technology and the possibilities of participation in digital trade remain very uneven-she said, cited in the report, the general director of the WTO Ngozi Okonjo-Iweala.
“Thanks to the appropriate combination of commercial, investment and complementary policy, artificial intelligence can create new growth opportunities in all economies. Thanks to the appropriate frames, trade can play a key role in ensuring that artificial intelligence will work in favor of everyone. WTO is determined to support these efforts”-said DG Okonjo-Iweala.
A chance for lower -income economies
In the script in which the economies with low and medium income will reduce the difference in digital infrastructure in relation to high -income economies by 50 percent. and more broadly implement artificial intelligence, it is expected that The income of these economies will increase by 15 percent, respectively. and 14 percent
The report also indicates the need for open and predictable trade policy, noting that Number of quantitative restrictions used for goods related to artificial intelligence It increased over time-from 130 in 2012 to almost 500 in 2024, driven by economies with high and medium-high income. Access to goods using artificial intelligence remains uneven, and Dutch reaches up to 45 percent. in some low -income economies.
The report added that investing in education and training and implementing the appropriate labor market policy can help avoid deepening unevenness within the economies.
The report emphasizes the WTO role in ensuring that it includes access to artificial intelligence and the benefits of it. The organization provides a forum for WTO members for discussion on commercial funds related to artificial intelligence, as noted in the report, emphasizing that 80 specific trade issues reported on the WTO forum focused on artificial intelligence.
