The United Nations Conference on Trade and Development (UNCTAD) has reported that artificial intelligence (AI) is projected to generate a substantial market value of $4.8 trillion by 2033. This growth reflects the transformative impact of AI across various sectors, which includes advancements in technology and increased productivity.

UNCTAD emphasizes that while the benefits of AI are significant, they must be shared equitably among all stakeholders. The organization underlines the importance of creating policies that ensure a balanced distribution of AI’s economic gains, highlighting the risk of widening inequalities if these benefits are not properly managed.

The report calls for governments and policymakers to implement measures that promote inclusivity in AI development. This includes investing in training and education to equip the workforce with necessary skills, thereby enabling broader participation in the AI economy.