WTO β Trading with Intelligence: How AI Shapes and Is Shaped by International Trade
Summary
The WTO's November 2024 report, "Trading with Intelligence," examines the dual influence of artificial intelligence (AI) on international trade.
The report highlights AI's potential to reduce trade costs, enhance productivity, and expand comparative advantages by automating tasks, optimizing logistics, and improving decision-making processes. Conversely, it notes that AI's development and deployment are influenced by trade policies, data flows, and international collaborations. The findings underscore the need for global cooperation to address challenges such as data privacy, intellectual property rights, and regulatory standards to fully harness AI's benefits in trade.
Region:
Global
Published:
November 2024
Author(s):
WTO
Language:
English