WTO: AI Expected to Increase Global Trade by 37%
Geneva: Artificial intelligence (AI) is expected to increase the value of global trade and services up to 37 percent by 2040, as poor countries close the technological gap with rapid advancements, according to a World Trade Organization (WTO) report. According to Philippines News Agency, the report, titled “World Trade Report 2025: Making Trade and AI Work Together to the Benefit of All,” stated that AI applications contribute to productivity in economies, enabling more companies to comply with complex regulations. The report highlighted that AI’s most significant impact will be seen in the digital services industry. The report emphasized the role