The World Trade Organization (WTO) has identified artificial intelligence (AI) as a potential solution to the global trade crisis, with simulations suggesting it could increase exports by nearly 40% by 2040.
However, the technology could also disrupt labor markets and deepen existing inequalities, says the organization’s director chief Ngozi Nkonjo-Iwela
If lower-income countries fail to bridge the digital divide, they could only see an 8% income gain by 2040.
If they narrow the digital infrastructure gap and adopt AI more widely, they could match higher-income countries’ gains.