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AI may boost global trade value by nearly 40%: WTO
AI may boost global trade value by nearly 40%: WTO
Economy
by  AFP

Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to cost reductions and productivity gains, the World Trade Organization said Wednesday. "AI holds major promise to boost trade by lowering trade costs and reshaping the production of goods and services," WTO chief Ngozi Okonjo-Iweala said while presenting the report.