How will global trade be affected by AI?
Dataworks’ Post
More Relevant Posts
-
AI going mainstream will likely widen the divide between developed and emerging economies, given that the necessary infrastructure for further adoption will take time and resources. As we embrace these advancements, policymakers must ensure inclusive growth to address these potential trade imbalances. Bloomberg: https://lnkd.in/ezSTnqxX Brendan Murray #AI #AIAdoption #DigitalDivide
The AI Boost to Global Trade Might Also Widen Imbalances
bloomberg.com
To view or add a comment, sign in
-
The AI Boost to Global Trade Might Also Widen Imbalances... AI is out of the bag, and its impacts as net-positive vs net-negative are still up for debate. But, as it relates to global trade, at a macro level, things are promising. AI is expected to boost productivity, strengthen goods exchange in the development of technology hardware, smoothen operations, lower cost of goods while increasing export opportunities, and increase digital trade. Difficulties remain; most notably, how do officials and regulatory bodies keep pace? The others are maybe less obvious. 1. How do we balance national privacy policy objectives with the needs of digital economies? European markets, while excellent for consumer's data privacy, have raised issues of competitiveness and innovation capabilities in the approaching years. This is exemplified by the recent World Trade Organization forecast, predicting European export growth trailing behind everyone. 2. How do we de-conflate macro-economic indicators from micro-economic indicators? Incumbents are favored in terms of economic advantage with the rise of AI. For starters, wealthier companies can afford to be early adopters, and the majority of those companies are from developed countries. Bridging the gap to better reflect micro-economics in designating economic trends and success will be important as we move toward 2030, and certainly looking toward 2050 based on almost every indication I've seen across every industry. Heavier and heavier concentrations of wealth at the top can certainly project an image of national wealth, but it's just a projection. WTO Forecast: https://lnkd.in/d89-HENQ
The AI Boost to Global Trade Might Also Widen Imbalances
bloomberg.com
To view or add a comment, sign in
-
What challenges do trade protectionism, regulation, and geopolitics pose for treasurers in China compared to their regional peers? Will AI and digital tools be the key to help treasurers thrive in their ever-evolving role? Get more insights from treasurers in China: https://grp.hsbc/6048ly7GE Irene Zeng Danish Qureshi John Zhang Jimmy Lin,cpa,ctp,mba Patrick ZHU #RedefiningTreasury #GlobalPaymentsSolutions
To view or add a comment, sign in
-
🌍 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗚𝗹𝗼𝗯𝗮𝗹 𝗧𝗿𝗮𝗱𝗲 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆: 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁 𝗖𝗿𝗲𝗱𝗶𝘁 𝗔𝗴𝗲𝗻𝗰𝗶𝗲𝘀 The latest UNCTAD Global Trade Update (July 2024) shows a mixed recovery in global trade, with developing countries leading the way. However, regional disparities and sectoral shifts, such as green energy and AI-related products, highlight the ongoing changes. As an Export Credit Agency, navigating trade complexities is crucial to ensuring smooth operations. At Wiserfunding, we empower ECAs with tools that provide a comprehensive understanding of creditworthiness across borders, helping you make informed decisions in a rapidly changing landscape. 🔗 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗯𝗹𝗼𝗴 𝗽𝗼𝘀𝘁: https://bit.ly/4con7g0 #GlobalTrade #ExportCredit #ECAs #Wiserfunding #TradeFinance #CreditRisk #SouthSouthTrade #Geopolitics #AI #GreenEnergy
To view or add a comment, sign in
-
The new Allianz Trade Global Trade Study is here! 📈📉📊 It provides a lot of exciting information about the #export expectations of over 3000 companies worldwide. 🌍 ➡️ What are the biggest concerns? ➡️Who is relying on AI? ➡️Is global trade becoming greener? Is there a chance of achieving net zero emissions by 2050? You can read all this and many more exciting insights in the Allianz Trade Global Trade Study 2024. 👉 https://ow.ly/gCh650RJCIP #tradestudy #exporteconomy #insights
To view or add a comment, sign in
-
Digitalization is Transforming Global Trade: The Role of AI in TradeTech The rapid growth and evolving nature of international trade are driving increased complexity in regulations. Technology, particularly AI-driven TradeTech, is poised to assist businesses and customs authorities in navigating these challenges and opportunities.
Digitalization is Transforming Global Trade: The Role of AI in TradeTech The rapid growth and evolving nature of international trade are driving increased complexity in regulations. Technology, particularly AI-driven TradeTech, is poised to assist businesses and customs authorities in navigating these challenges and opportunities. Read More: https://lnkd.in/d2dF9XGz
Digitalization is Transforming Global Trade: The Role of AI in TradeTech
go.stankeviciusinternational.com
To view or add a comment, sign in
-
Technological advancements and geopolitics are challenging the conventional wisdom. Trade protectionism, resource-hoarding, excess capacity and dumping, onshoring production and the advent of AI are narrowing the scope for countries to squeeze out growth from manufacturing and services.
To view or add a comment, sign in
-
Global Trade: Artificial intelligence to play vital role in future global economic development - CGTN: Global Trade: Artificial intelligence to play vital role in future global economic development CGTN http://dlvr.it/T6s4LP #ai #artificialintelligence
To view or add a comment, sign in
-
FYI: @the_IDB INTAL Webinar 'AI and Skills Demand to enhance Regional Trade.' https://buff.ly/3GMn4Nn #LatinAmerica #Caribbean #LAC #IDB #IADB #INTAL #INTegrad #AI #ArtificialIntelligence #Trade #Skill #sRegionalTrade
'AI and Skills Demand to enhance Regional Trade.'
tockify.com
To view or add a comment, sign in
-
#Breaking - US trade deficit shrinks to $69.4 billion in March Read more: https://lnkd.in/d3ECWWDk #news #trade #technology #ai #misinformation This article has been fact-checked by Oigetit ✅
To view or add a comment, sign in
-