Artificial intelligence is poised to significantly reshape global trade, with the World Trade Organization (WTO) predicting a nearly 40% increase in trade value by 2040. This growth is expected due to AI's ability to lower costs and boost productivity. However, the WTO also warns that without proper policies, AI could exacerbate economic inequalities between nations, potentially widening the gap between richer and poorer countries. Mexico stands out as a significant player, ranking eighth globally in exporting AI-enabling goods, with $100 billion in exports in 2022. In parallel, major tech players are integrating AI into their services. Amazon Ads has launched an AI-powered "creative partner" to help marketers develop ad campaigns more quickly. Meanwhile, Harvard University is collaborating with OpenAI and Microsoft to train AI models using archival documents, aiming to enrich AI's understanding of historical data. The demand for AI skills is also soaring, with over 75% of Information and Communication Technology (ICT) job listings now requiring AI expertise. To address this, new apprenticeship programs like Apprenti's AI Associate program are emerging for working adults. On the regulatory front, Illinois has made the creation and distribution of AI-generated child pornography illegal. Siemens is leveraging AI for sustainable product design, while Zoom is enhancing its AI Companion and virtual agent features. The Department of Veterans Affairs (VA) is also planning an aggressive deployment of AI to improve veteran care and operational efficiency.
Key Takeaways
- The World Trade Organization (WTO) projects artificial intelligence could increase global trade by nearly 40% by 2040, driven by cost reductions and productivity gains.
- A significant risk highlighted by the WTO is that AI could worsen economic inequality between nations if lower-income countries cannot access the technology.
- Mexico is a major exporter of AI-enabling goods, ranking eighth globally with $100 billion in exports in 2022.
- Amazon Ads has introduced an AI "creative partner" to assist marketers in developing ad campaigns more efficiently.
- Harvard University is working with OpenAI and Microsoft to train AI models using archival data.
- Over 75% of ICT job listings now require technical AI skills, indicating a high demand for AI expertise.
- Illinois has enacted a law making the creation and distribution of AI-generated child pornography illegal.
- Siemens is using AI in its software to help design more sustainable products.
- Zoom is updating its AI Companion and virtual agent features to enhance user experience and operational efficiency.
- The Department of Veterans Affairs (VA) plans to deploy AI aggressively to improve veteran care and operational efficiency.
AI could boost global trade by 40% by 2040 WTO report
A new report from the World Trade Organization (WTO) suggests artificial intelligence could increase global trade by nearly 40% by the year 2040. This growth is expected due to lower trade costs and increased productivity. However, the WTO also warns that without proper policies, AI could worsen economic inequality between developed and developing nations. WTO Director-General Ngozi Okonjo-Iweala stressed the need for international cooperation to ensure AI benefits are shared widely. The report calls for proactive policies to manage the opportunities and challenges presented by AI.
AI may boost global trade by 40% but risks inequality WTO says
The World Trade Organization (WTO) predicts artificial intelligence could increase global trade value by almost 40 percent by 2040. This boost comes from reduced costs and better productivity. However, the WTO's World Trade Report highlights a risk of increased inequality if lower-income countries cannot access AI technology. WTO chief Ngozi Okonjo-Iweala stated that AI could deepen existing divides without proper policies. The report also notes a rise in trade restrictions on AI-related goods.
AI could boost global trade by 40% but risks inequality WTO says
Artificial intelligence has the potential to increase global trade value by nearly 40 percent by 2040, according to the World Trade Organization (WTO). This growth is driven by lower trade costs and improved productivity. However, the WTO's World Trade Report warns that without proper policies, AI could worsen economic inequalities between nations. WTO Director-General Ngozi Okonjo-Iweala emphasized that AI could create new trade opportunities if integrated effectively. The report also points out an increase in trade restrictions on AI-related goods.
AI to boost global trade by 40% but risks inequality WTO report
A new World Trade Organization (WTO) report predicts artificial intelligence could increase global trade by nearly 40 percent by 2040, boosting GDP significantly. WTO Director-General Ngozi Okonjo-Iweala stated that AI can transform production and trade by lowering costs. However, the report warns that benefits might not be shared equally, potentially widening the gap between rich and poor nations. Firms using AI already report improved efficiency in trade management. The WTO stresses the need for policies to ensure inclusive growth and bridge the digital divide.
AI may boost global trade by 40% but risks inequality WTO
Artificial intelligence could increase global trade value by nearly 40 percent by 2040, according to the World Trade Organization (WTO). The WTO's World Trade Report highlights potential cost reductions and productivity gains. However, WTO chief Ngozi Okonjo-Iweala warned that AI could deepen existing inequalities if lower-income countries cannot access the technology. The report also notes an increase in restrictions on trade for AI-related goods.
AI risks widening global wealth gap WTO warns
The World Trade Organization (WTO) warns that artificial intelligence could significantly increase global inequality unless poorer countries can share in its benefits. A WTO report estimates AI could boost global trade by nearly 40 percent by 2040. Director-General Ngozi Okonjo-Iweala cautioned that AI might deepen inequalities, referencing past globalization issues. The report highlights that lower-income economies could see much smaller income gains without closing the digital divide. Concentration of AI resources in rich countries poses a risk of leaving entire economies behind.
AI may boost global trade by 40% but risks inequality WTO says
Artificial intelligence could boost global trade value by almost 40 percent by 2040, thanks to cost reductions and productivity gains, the World Trade Organization (WTO) reported. However, the WTO's World Trade Report highlights that a lack of proper policies could cause lower-income countries to miss out on these benefits, potentially deepening inequalities. WTO chief Ngozi Okonjo-Iweala stated that bridging the digital divide is crucial for these economies to match the gains seen in higher-income countries. The report also notes an increase in restrictions on the trade of AI-related goods.
AI may boost global trade by 40% but risks inequality WTO says
Artificial intelligence could boost global trade value by almost 40 percent by 2040, driven by cost reductions and productivity gains, according to the World Trade Organization (WTO). The WTO's World Trade Report indicates that without proper policies, lower-income countries may not benefit, potentially increasing inequality. WTO chief Ngozi Okonjo-Iweala emphasized that closing the digital divide is key for these economies to achieve similar gains to higher-income nations. The report also observed a rise in trade restrictions concerning AI-related goods.
WTO: AI could boost global trade and worsen inequality
A new World Trade Organization (WTO) report suggests artificial intelligence could increase global trade by nearly 40% by 2040 through productivity gains and lower costs. However, WTO Director-General Ngozi Okonjo-Iweala warned that without inclusive policies and investment, AI could worsen existing economic divides. The report highlights that low- and middle-income economies could see significantly lower income increases if they don't bridge the digital infrastructure gap. The WTO emphasizes that trade can help make AI work for everyone with the right policies.
AI may boost global trade by 40% but risks inequality WTO
Artificial intelligence could increase global trade value by nearly 40 percent by 2040 due to cost reductions and productivity gains, according to the World Trade Organization (WTO). The WTO's World Trade Report highlights that AI holds promise for trade but warns that lower-income countries might miss out on opportunities without proper policies, potentially increasing inequality. WTO Chief Economist Robert Koopman noted that AI can create new trade opportunities if embraced. The report also indicates an increase in restrictions on the trade of AI-enabled goods.
AI could boost trade by 40% by 2040 WTO predicts
The World Trade Organization (WTO) predicts that artificial intelligence could boost the value of global trade by nearly 40 percent by 2040. This projection, detailed in the annual World Trade Report, is based on potential productivity gains and reduced trade costs. The WTO emphasizes that enabling policies are crucial for AI to benefit all economies. The report suggests that without these policies, the advantages of AI might not be shared equally.
AI may boost global trade by 40% but risks inequality WTO says
Artificial intelligence could increase global trade value by almost 40 percent by 2040, driven by cost reductions and productivity gains, the World Trade Organization (WTO) reported. The WTO's World Trade Report highlights that AI offers significant trade benefits but warns that lower-income countries may be left behind without proper policies, potentially worsening inequality. WTO chief Ngozi Okonjo-Iweala stressed the importance of bridging the digital divide for these economies to gain similar benefits to higher-income nations. The report also notes an increase in trade restrictions on AI-related goods.
Mexico ranks eighth in AI-enabling goods exports WTO
Mexico has become the eighth-largest exporter of goods that enable artificial intelligence (AI), with exports valued at $100 billion in 2022, according to the World Trade Organization (WTO). This highlights Mexico's growing role in the global technology supply chain. The WTO notes that AI has the potential to significantly reduce trade costs and boost productivity. While global trade in AI-enabling goods saw a dip in 2023, projections show widespread AI adoption could increase trade by nearly 40% by 2040. However, the WTO warns of potential inequality if benefits are not shared widely.
AI may boost global trade by 40% but risks inequality WTO
Artificial intelligence could boost global trade value by almost 40 percent by 2040, driven by cost reductions and productivity gains, the World Trade Organization (WTO) reported. The WTO's World Trade Report indicates that without proper policies, lower-income countries may miss out on opportunities, potentially increasing inequality. WTO Chief Economist Robert Koopman stated that AI can create new trade opportunities for all economies. The report also observed an increase in trade restrictions on AI-enabled goods.
AI may boost global trade by 40% but risks inequality WTO says
Artificial intelligence could increase global trade value by almost 40 percent by 2040, driven by cost reductions and productivity gains, according to the World Trade Organization (WTO). The WTO's World Trade Report highlights that AI offers significant trade benefits but warns that lower-income countries may be left behind without proper policies, potentially worsening inequality. WTO chief Ngozi Okonjo-Iweala stressed the importance of bridging the digital divide for these economies to achieve similar gains to higher-income nations. The report also notes an increase in trade restrictions on AI-related goods.
AI may boost global trade by 40% but risks inequality WTO says
Artificial intelligence could increase global trade value by almost 40 percent by 2040, driven by cost reductions and productivity gains, according to the World Trade Organization (WTO). The WTO's World Trade Report highlights that AI offers significant trade benefits but warns that lower-income countries may be left behind without proper policies, potentially worsening inequality. WTO chief Ngozi Okonjo-Iweala stressed the importance of bridging the digital divide for these economies to achieve similar gains to higher-income nations. The report also notes an increase in trade restrictions on AI-related goods.
WTO: AI can help international trade benefit all
The World Trade Organization's (WTO) World Trade Report 2025 indicates artificial intelligence (AI) could significantly boost global trade and GDP by 2040. Simulations suggest trade could rise by 34-37 percent and GDP by 12-13 percent, with digitally deliverable services seeing the largest growth. Trade is also crucial for AI development by providing access to necessary inputs. WTO Director-General Ngozi Okonjo-Iweala emphasized that inclusive policies and international coordination are vital to prevent AI from widening the digital divide and ensure equitable growth.
AI may boost global trade by 40% but risks inequality WTO says
Artificial intelligence could increase global trade value by almost 40 percent by 2040, driven by cost reductions and productivity gains, according to the World Trade Organization (WTO). The WTO's World Trade Report highlights that AI offers significant trade benefits but warns that lower-income countries may be left behind without proper policies, potentially worsening inequality. WTO chief Ngozi Okonjo-Iweala stressed the importance of bridging the digital divide for these economies to achieve similar gains to higher-income nations. The report also notes an increase in trade restrictions on AI-related goods.
China tech stocks soar to four-year high on AI investment
Chinese technology stocks have reached their highest level in nearly four years, driven by renewed investor confidence in artificial intelligence (AI). The Hang Seng Tech Index saw significant gains, with companies like Baidu, Tencent, and JD.com leading the rise. This rally is fueled by increased AI spending from Chinese tech firms and hopes that their investments will pay off. Valuations for Chinese tech companies remain lower than their US counterparts, attracting investor attention. The strong performance suggests a potential return of capital to China's markets.
Chinese tech stocks rally on AI spending and easing US tensions
Chinese technology stocks have continued to rally, with the Hang Seng Tech Index reaching its highest point since late 2021. This surge is attributed to increased global spending on artificial intelligence (AI) and a perceived easing of US-China tensions. Major tech companies like Tencent, Alibaba, and JD.com have seen significant stock price increases. Investors are optimistic about AI development and the potential for Chinese firms to benefit from the global AI investment trend. Improved geopolitical relations are also seen as a positive factor for Chinese tech companies.
Chinese tech stocks rise after reports of Nvidia chip ban
Chinese tech stocks extended their gains on Wednesday following reports that Beijing has directed domestic firms to stop purchasing Nvidia's AI chips. This move aims to strengthen China's own semiconductor supply chain and reduce reliance on US technology. The Hang Seng Tech Index reached its highest level in nearly four years, marking its seventh consecutive session of gains. Investors see this as a potential long-term boost for Chinese internet and AI companies that are increasing their AI spending.
Amazon launches AI creative partner for ad development
Amazon Ads has introduced a new AI-powered conversational assistant called a 'creative partner' to help marketers develop ad campaigns. This tool, available in beta on Amazon's Creative Studio portal, uses Amazon's retail insights and cloud computing power. It assists with tasks like audience research, brainstorming, storyboarding, and producing display and video assets. Amazon positions this tool as a way to democratize high-quality creative support, making it accessible to advertisers of all sizes at no extra cost.
Amazon Ads AI tool creates professional ads quickly
Amazon Ads has launched a new agentic AI tool within its Creative Studio that allows advertisers to create professional-quality ads in hours instead of weeks. This tool acts as a creative partner, generating ideas, storyboards, videos, and display ads by utilizing Amazon's retail insights and shopper data. It aims to level the playing field by providing smaller advertisers with the same creative advantages previously available only to large brands, at no additional cost. The tool is built on AWS using Amazon Bedrock models and is currently in beta.
Harvard initiative translates archives for AI models
Harvard's Institutional Data Initiative (IDI) is partnering with AI developers like OpenAI and Microsoft to train large language models using archival documents. The initiative, run through Harvard Law School's Library Innovation Lab, converts archival materials into accessible data sets for AI researchers. They have shared nearly a million books from Harvard Library collections and are now working with newspaper and government documents from the Boston Public Library. This project focuses on under-resourced collections to avoid copyright issues and train AI in a positive direction.
Illinois makes AI-generated child porn illegal
Illinois has passed a new cybercrime law making the creation and distribution of AI-generated child pornography as illegal as real child pornography. This law provides law enforcement with clearer tools to prosecute offenders. Reports of AI-generated child exploitation have surged nationwide, with hundreds of thousands of cases flagged. Experts warn that predators use everyday photos to create fake abuse images, often without the victims' knowledge. Illinois is one of the few states with such a law, aiming to deter this growing crime.
Apprenti launches AI apprenticeship for working adults
Apprenti is partnering with North Carolina State University's AI Academy to launch the first nationwide registered AI Associate apprenticeship program for working adults. This one-year program offers flexible, virtual sessions with mentorship and instructor-led seminars, allowing participants to upskill in AI without pausing their careers. The program aims to address the growing demand for AI skills in the job market, where positions requiring AI expertise offer significantly higher salaries. Participants will receive a nationally recognized certificate from NC State's AI Academy.
Siemens launches AI software for sustainable product design
Siemens has introduced new AI-powered Lifecycle Assessment (LCA) software capabilities within its Teamcenter product lifecycle management suite. Developed in partnership with Makersite, this software integrates full-scale LCA into the digital twin environment, helping manufacturers design more sustainable products. The AI capabilities provide predictive insights on environmental impact, cost, and compliance, enabling better decision-making throughout the product lifecycle. This aims to help companies meet growing regulatory demands and consumer expectations for environmentally responsible products.
ICT jobs report shows high demand for AI skills
A new report reveals that over 75% of Information and Communication Technology (ICT) job listings now require technical AI skills, with employers also seeking more experience in these areas. The report analyzed job postings across several countries and found a critical talent gap for many in-demand AI skills. Demand has shifted towards generative model orchestration, including skills like multi-agent LLMs and Responsible AI Implementation. The report advises entry-level ICT workers to focus on hands-on technical skills and mid-level talent on operational and strategic responsibilities.
Zoom updates AI Companion and virtual agent features
Zoom has announced several product updates, including enhancements to its AI Companion 3.0, which will now work across the entire Zoom platform and support third-party integrations. The company also introduced Zoom Virtual Agent for Healthcare, offering AI agent templates and EHR integrations for tasks like patient intake and scheduling. Updates also include Automated Quality Management for virtual agents and integration with Amazon Connect. These advancements aim to improve customer experience and operational efficiency through AI.
VA plans aggressive AI deployment for better care
The Department of Veterans Affairs (VA) plans to aggressively deploy artificial intelligence (AI) to improve timely care and operational efficiency. Charles Worthington, the VA's chief data and technology officer, stated that all VA employees now have access to a secure generative AI tool that saves them over two hours per week. The agency is also using machine learning for clinical care, disease detection, and identifying veterans at high risk of overdose and suicide. A federal watchdog has warned of potential challenges in the VA's AI implementation.
Sources
- AI set to transform global trade, says World Trade Organization report
- AI may boost global trade value by nearly 40%: WTO
- AI may boost global trade value by nearly 40%: WTO
- AI to transform global trade: WTO
- AI May Boost Global Trade Value By Nearly 40%: WTO
- AI risks widening global wealth gap, WTO warns
- AI may boost global trade value by nearly 40%: WTO
- AI may boost global trade value by nearly 40%: WTO
- WTO Says AI Could Bolster Global Trade and Worsen Inequality
- AI may boost global trade value by nearly 40%: WTO
- AI could boost trade by nearly 40 percent by 2040, WTO predicts | MLex | Specialist news and analysis on legal risk and regulation
- AI may boost global trade value by nearly 40%: WTO
- Mexico Becomes Eighth-Largest Exporter of AI-Enabling Goods: WTO
- AI may boost global trade value by nearly 40%: WTO
- AI may boost global trade value by nearly 40%: WTO
- AI may boost global trade value by nearly 40%: WTO
- WTO: AI can help international trade benefit all
- AI may boost global trade value by nearly 40%: WTO
- China tech stocks hit four-year high amid AI investment boom
- Chinese tech stocks extend rally as AI spending spree intensifies (JD:NASDAQ)
- Chinese Tech Stocks Rally as Beijing Tells Firms To Stop Buying Nvidia's AI Chips
- Amazon debuts AI ‘creative partner’ to aid with campaign development
- Amazon Ads launches AI tool that builds professional-quality ads
- How a Harvard Initiative is Translating Archives for AI Models | News
- Illinois cracks down on AI-generated child porn: 'Obscene is obscene'
- Apprenti Announces Apprenticeship Program to Train Working Adults in AI
- Siemens launches AI software to boost sustainable product design
- New ICT jobs report reflects demand for more AI skills, experience
- Zoom Launches Multiple Product Updates
- The VA eyes ‘aggressive deployment’ of AI; More than 100 cybersecurity experts urge senators to confirm Pentagon CIO