The World Trade Organization (WTO) says Artificial Intelligence could change the way the world trades. A new WTO report projects that by 2040, AI could raise trade in goods and services by up to 37%. It may also boost the global GDP by as much as 13%.
This growth won’t happen by chance. The right policies must guide AI’s use. Without them, the benefits may be uneven. Richer countries could gain more, while others fall further behind.
Why AI Will Boost Trade and Growth
AI improves efficiency. It speeds up shipping, customs, and payments. It also helps companies predict demand and manage supply chains. That makes trade faster and cheaper.
AI also helps businesses in service sectors. Tools like chatbots, translation software, and automated data analysis allow companies to serve global customers more easily.
As AI spreads, it increases demand for products like semiconductors and computing equipment. These are now key parts of the global supply chain.
The result? More trade. More growth. But only for those ready to adopt and adapt.
Not Everyone Is Ready for AI
The report warns that many countries are not ready. Some lack strong internet networks or power systems. Others don’t have enough skilled workers to use AI.
Without support, these countries may fall behind. The gap between rich and poor could grow.
Even in wealthy countries, AI may increase inequality. People with tech skills may benefit most. Workers in routine jobs might lose out if they aren’t retrained.
Policies Must Be Inclusive and Global
The WTO says policy action is urgent. First, governments must invest in digital infrastructure. This includes fast internet, reliable electricity, and access to devices.
Next, workers must be trained. Schools should teach digital skills. Adults should have chances to retrain. Lifelong learning must become normal.
Trade policies should also change. Many countries tax AI-related goods heavily. Removing those tariffs would help poorer countries get the tools they need.
Rules Must Be Clear and Consistent
AI and data rules vary across borders. This creates confusion. It slows trade and raises costs.
Countries must work together. They need common rules for AI, data sharing, and privacy. This will help businesses trade smoothly and safely.
The WTO could play a key role. It can guide these discussions and push for fair, global rules.
Protect Workers and Smaller Businesses
AI may replace some jobs. That’s why countries need strong safety nets. Support for workers must include income help and access to new training.
Small businesses also need help. They often lack the money to buy AI tools. Governments can support them through grants, low-interest loans, or shared AI platforms.
Inclusive growth means everyone gets a fair chance to succeed in an AI-driven economy.
AI Is a Tool. We Choose How to Use It.
AI can be a powerful tool for global trade. It could grow economies and reduce barriers. But without smart, fair policies, it could make global inequality worse.
The choice is ours. If the world acts together now, AI can become a force for shared growth and global progress.
