- 118 countries, mostly from the Global South, are excluded from AI policy-making.
- AI could impact up to 40% of global jobs, raising productivity and risk.
- UNCTAD urges investment in infrastructure, data, and skills for inclusive growth.
The United Nations Conference on Trade and Development (UNCTAD) warns that the rapid rise of artificial intelligence may exacerbate global inequalities. They emphasize that decisive steps are needed to ensure inclusivity.
Equally concerning is that 118 countries are being left out of the international dialogue on AI governance. This lack of representation risks leaving developing nations behind as AI reshapes economies and labor markets.
Bridging the AI Divide: UNCTAD Pushes for Global Inclusion and Fair Standards
The AI industry is poised to reach a value of $4.8 trillion by 2033, making it one of the largest economic sectors globally. However, its benefits are being captured primarily by a few technologically advanced countries. With tech companies like Apple and Microsoft valued higher than some entire economies, UNCTAD warns that this concentration of power threatens to widen the global digital divide.
UNCTAD’s report also sheds light on the potentially disruptive impact of AI on employment. While automation could improve productivity, it may also displace jobs in labor-intensive sectors, especially in developing countries. The report stresses that proactive investment in workforce reskilling is essential to turn these challenges into opportunities.
To foster a more equitable AI future, UNCTAD recommends developing a shared global AI infrastructure and promoting open-source innovations. These steps aim to reduce dependency on major tech companies. Additionally, they help countries foster local innovation through affordable and accessible tools.
The report calls for countries to cooperate on AI governance by establishing a disclosure mechanism akin to ESG reporting. This is aimed at enhancing accountability and trust. Strengthening South-South collaboration is also a priority. This would enable resource and knowledge sharing to help developing nations catch up and contribute to global standards.
UNCTAD’s message is clear: for AI to benefit humanity, its governance must reflect the voices and needs of all nations. This includes not just a powerful few.
“The future is already here — it’s just not evenly distributed.” — William Gibson
