The United Nations revealed that artificial intelligence is on the right track to reach 4.8 billions of dollars of market value by 2033, comparable to the size of the German economy, but its advantages remain unequally distributed.
In addition, he notes that the main giants of technology, such as Apple, Nvidia and Microsoft, which benefit from the Boom of AI have a market value which competes with the gross domestic product of the entire African continent.
According to a new report from the United Nations Commerce and Development Conference (UNCTAD), it revealed that AI transformed economies, creating opportunities but also has risks of greater inequality.
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Part of the report can be read
“Artificial intelligence (AI) transforms economies, creates opportunities but also constitutes risks of greater inequality. Actad warns that if AI can be a powerful tool for progress, it is not intrinsically inclusive. Countries should now act by investing in digital infrastructure, strengthening capacities and strengthening AI governance to harass AI potential for sustainable development. ”
The secretary general of the UNCTE, Rebeca Grynspan, stressed the importance of ensuring that people are at the center of AI development, calling for stronger international cooperation to “pass from the attention of technology to people, allowing countries to co-create a global framework of artificial intelligence.
In particular, UNCTAD estimates that AI could have an impact up to 40% of jobs on a global scale, which increases the spectrum of a generalized work movement. This displacement is not limited to the traditional roles of blue passes but moves more and more to the professions of white collars as the AI systems become more sophisticated.
The UN underlines that this transformation could exacerbate economic inequalities, in particular between nations. The richer countries with resources aimed at investing in AI infrastructure can see substantial economic gains, potentially creating markets competing with the size of major economies in the early 2030s. On the other hand, the development of countries, lacking in access similar to technology and training, risk gaining more delay, deepening global disparities. To meet these challenges, the UN calls for proactive employment policies.
To set up effective AI policies, the UN noted that countries should consider three key lever points; Infrastructure, data and skills. He stressed that strategic positioning in these fields will determine whether the nations can effectively adopt AI, promote local innovation and align the development of AI with their socio-economic needs.
UNCTAD also noted that it provides expertise to help developing countries assess their design forces and policies that build resilient innovation systems.
To fill the expansion of the AI division, UNCTAD describes several recommendations for inclusive global growth. These include:
- Establish AI public disclosure mechanisms
- Promote shared AI infrastructure
- Support the development and adoption of Open Source models
- Creation of platforms to share the knowledge and resources of the AI
The AI shapes the economic future of the world, but 118 countries, mainly in the world South, are absent from the main discussions on AI governance. As the regulation of AI and ethical executives take shape, the UN postulates that developing nations must have a seat at the table to ensure that AI serves global progress, not only the interests of a few.
Aside from the displacement of jobs by AI, the UN noted that advanced technology is not only to replace jobs, but will also create new industries and empower workers. However, he revealed that investment in Reskulling, updating and adaptation of the workforce is essential to ensure that AI improves the possibilities of employment rather than eliminating them.
The UN summed up the report by declaring that AI can be a catalyst for progress, innovation and shared prosperity, but only if the countries actively shape its trajectory. This means going attention from technology to people, putting people at the center of AI development. Strategic investments, inclusive governance and international cooperation are essential to guarantee that AI benefits everyone, rather than strengthening existing divisions.
