How will global trade be affected by AI?
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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
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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
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Shifting global trade flows necessitate better data tools.
AI Fused With Trade Data May Finally Smooth Clunky Supply Chains - www.bloomberg.com
bloomberg.com
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Digital Transformation, Human-Centered Industry 5.0 Technologies advancing toward a Net-Zero, Sustainable, Resilient, Circular, Regenerative Digital Climate Economy.
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invt.io
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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
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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
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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
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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
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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
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Leading Pioneer in Litigation Finance & Legal Tech | Strategic Consultant & Director | Driving Legal Transformation Across the US, UK, & EU
In an era of technological wonders, there's a quietly amazing phenomenon often overlooked. It may not shock us in the traditional sense, but it demonstrates AI's remarkable power and potential for the future. This article explores global trade, which relies on an astounding 4 billion pieces of paper in our digital age. This paradoxical reliance on old-fashioned bureaucracy highlights the pressing need for AI to lead us into a more efficient and connected future. As you delve into this article, alongside many others showcasing AI's capabilities, we glimpse a promising and transparent future with optimism. #AI #FutureTech #GlobalTrade #Efficiency #DigitalTransformation https://lnkd.in/gkRAtACe
The 4 Billion Pieces of Paper Keeping Global Trade Afloat
bloomberg.com
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