Source: UNCTAD

UNCTAD (United Nations Conference on Trade and Development) releases a report projecting AI’s global economic impact to reach $4.8 trillion, warning that without coordinated governance, developing countries risk being left behind. The organization emphasizes the need for equitable data access, responsible AI development, and international cooperation.

The report calls for measures such as technology transfers, capacity building, and inclusive governance mechanisms to ensure AI’s benefits are shared globally. Failure to act could exacerbate global wealth disparities and digital divides.

UNCTAD urges the UN and global economic institutions to coordinate a fair AI development agenda.