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

April 10, 2019 | TechXplore AI
AI may boost global trade value by nearly 40%: WTO
In an annual report, the WTO identified AI as one of the few bright spots as the global trading system has been upended by the United States slapping high tariffs on its trading partners. Artificial intelligence could boost the value of global trade by almost 40% by 2040 thanks to cost reductions and productivity gains, the World Trade Organization said Wednesday. In its latest annual World Trade Report, the WTO identified AI as one of the few bright spots