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Impact of artificial intelligence on the development of world trade


Pozdnyakov I.I.
(about the author)

Pozdnyakov Ilya Igorevich – ( MGIMO University of the MFA of Russia)

Published in:
Journal of International Economic Affairs
– Volume 8, Number 2 (April-June 2018)

JEL classification: F10, F19. F21

Keywords: artificial intelligence, data confidentiality, digital economy, global trade, labour market, machine learning, regulation


Citation:
Pozdnyakov I.I. (2018). Impact of artificial intelligence on the development of world trade. Journal of International Economic Affairs, 8(2), 173-180. doi: 10.18334/eo.8.2.38972


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Abstract:

The article considers trends in the development of artificial intelligence (AI) and its impact on global trade transactions. We examine various options for using AI on all links of the value chain and assess the consequences of the introduction of such technologies. We analyze the issue of cross-border data flows regulation against the backdrop of deteriorating data confidentiality. We’ve made analytical assumptions about the possible impact of AI on the labor market in the future.








References:
(in Russian).
Artificial Intelligence: The Next Digital Frontier?Mckinsey.
Avi Goldfarb, Daniel Trefler AI and International TradeNber. Retrieved March 10, 2018, from http://www.nber.org/papers/w24254.pdf
Harnessing the Power of Big Data for Trade and Competitiveness PolicyWorld Bank. Retrieved March 29, 2018, from https://openknowledge.worldbank.org/bitstream/handle/10986/26266/113275-WP-PUBLIC-P152206-8-3-2017-17-28-0-BigDataTCEdited.pdf?sequence=5&isAllowed=y
Lomakin, N.I., Samorodova I.A. (2017). Tsifrovaya ekonomika s iskusstvennym intellektom [Digital economy with artificial intelligence] Advances In Science And Technology. 254-257. (in Russian).
Matveev M.G., Sviridov A.S., Aleynikova N.A. (2008). Modeli i metody iskusstvennogo intellekta. Primenenie v ekonomike [Models and methods of artificial intelligence. Application in the economy] M.: Izdatelstvo «Finansy i statistika». (in Russian).
Nesbitt J. 4 Ways Artificial Intelligence Is Transforming TradeTradeready. Retrieved from http://www.tradeready.ca/2017/topics/import-export-trade-management/4-ways-artificial-intelligence-transforming-trade/
World Trade Report 2017Wto. Retrieved March 17, 2018, from https://www.wto.org/english/res_e/booksp_e/world_trade_report17_e.pdf

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