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Artificial intelligence robots view futuristic digital data display.
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The United Nations Trade and Development Agency said that by 2033, artificial intelligence is expected to reach a market value of US$4.8 trillion by 2033, but the revenue from the technology remains highly concentrated.
exist Report Uktad said on Thursday that AI market capitalization is roughly the size of the German economy, and this technology can increase productivity and drive digital transformation.
However, the agency also raises concerns about automation and work displacement, warning that AI could affect 40% of global work. Most importantly, AI is not inherently inclusive, which means that the economic benefits of technology are still “highly concentrated”.
“The benefits of AI-driven automation are often beneficial to capital rather than labor, which may expand inequality and reduce the competitive advantage of low-cost labor in developing economies,” it said.
The potential of artificial intelligence to cause unemployment and inequality is a long-standing problem, IMF manufacturing Similar warnings More than a year ago. In January, the World Economic Forum released Discover That Up to 41% of employers Plans are being made to reduce staff in areas where AI can replicate their workforce.
However, the UNCTAD report also highlights inequality among countries, with UN data showing that 40% of AI’s global corporate R&D spending is concentrated in just 100 companies, mainly in the United States and China.
Furthermore, it points out that leading tech giants, e.g. apple,,,,, Nvidia and Microsoft – Companies that will benefit from the AI boom have market value comparable to GDP across the continent.
Utdard said this AI dominance at the national and enterprise level has the potential to widen these technological divides and put many countries at risk of lagging behind. It noted that in the major AI governance discussions, there were no 118 countries (mainly in the global south).
suggestion
But AI is not only related to alternative jobs, but also notes that it can also “create new industries and empower workers” – as long as there is enough investment in reworking and improving skills.
But in order for developing countries to not lag behind, they must “sit on the table” in terms of AI regulations and ethical frameworks.
In its report, the Russian Netherlands (Unctad) has made many suggestions to the international community to promote inclusive growth. These include AI public disclosure mechanisms, shared AI infrastructure, open source AI models, and plans to share AI knowledge and resources.
Open source usually refers to software that provides source code for modification and redistribution on the Internet for free.
“AI can be a catalyst for progress, innovation and common prosperity – but only if countries actively shape their trajectory.”
“Strategic investments, inclusive governance and international collaboration are key to ensuring AI benefits rather than strengthening the existing gap.”
