According to a new World Trade Organization (WTO) report, artificial ielligence has the poteial to increase the value of world trade by 5 % by year 2. But the report also gives a serious warning; If there are no proper policies, this technology can exacerbate economic inequality around the world.
The World Trade Report explains that artificial ielligence in two ways Reduce costs And Increase productivity It can help to grow business. This technology can optimize complex logistics processes, make it easier to adapt to customs regulations, and eliminate linguistic barriers through immediate and accurate translations. These benefits are especially useful for small and medium -sized businesses in developing couries and allow them to eer the global markets more easily. With this poteial, it is expected to grow up to 5 % by year 2 and global GDP (GDP).
WTO report on artificial ielligence
Despite this clear vision, WTO warns that the benefits of artificial ielligence will not be automatically divided. The biggest danger is to deepen the digital and economic gap between couries as well as within societies. Couries and companies that have access to this technology will progress rapidly, while others may be lagging behind.
“We cannot repeat the mistake we have made in the past decades with low investme in education, skills and social security networks,” says WTO.
The report also shows that labor markets will face a major change; Some jobs disappear and new jobs are created that require differe skills. Without investing in workforce training and retraining, many employees around the world will be at risk of unemployme.
The WTO report emphasizes that the key to the use of artificial ielligence is to adopt active and inclusive policies. The organization proposes several solutions. First, investing in digital infrastructure to reduce the gap between developed and developing couries. Second, extensive investme in education, skills developme and labor retraining to prepare them for future jobs. And third, maiaining an open business environme by reducing tariffs on artificial ielligence -related goods, such as semiconductors, to make it easier and cheaper for all couries.
