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ChatWTO: An Analysis of Generative Artificial Intelligence and International Trade 2024 – World Economic Forum

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Generative artificial intelligence could contribute an estimated $4.4 trillion annually to the global economy, reshaping industries and international trade.

This white paper explores how this emerging technology is transforming global trade by enhancing productivity, streamlining supply chains, and creating new opportunities for cross-border transactions. It examines both the potential benefits and the challenges generative AI poses, such as regulatory hurdles, data privacy concerns, and intellectual property issues. By providing a comprehensive overview of AI’s impact on trade, the report offers actionable insights for policy-makers and businesses on how to best use these advancements while addressing risks.

Key themes include the growth of digital goods trade, AI’s role in improving trade efficiency, and the importance of global collaboration for effective AI governance. This analysis is essential for those looking to understand the future of international trade in an AI-driven world.

https://www3.weforum.org/docs/WEF_An_Analysis_of_Generative_Artificial_Intelligence_and_International_Trade_2024.pdf

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