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AI may increase global trade by 40percent
The World Trade Organization has projected that artificial intelligence could contribute to increasing global trade volume by up to 40% by the year 2040, adding more than 13% to the global gross domestic product (GDP) over the next 15 years. The greatest benefits are expected to be concentrated in digital services, with trade in these services growing by 10% in 2025, which will boost productivity, stimulate innovation, and reduce certain trade costs. However, the global trading system faces increasing challenges due to divergent rules among countries on issues such as privacy, cybersecurity, and standards, complicating market-opening negotiations and threatening the sustainability of cross-border exchanges.
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