🌍 Global AI Market Set to Hit $4.8 Trillion by 2033
According to a new UNCTAD report, artificial intelligence is projected to become the most dominant frontier technology, with the global market size expected to reach $4.8 trillion by 2033.
🔑 Key insights:
AI is outpacing other frontier tech sectors like IoT, blockchain, EVs, and solar PV.
Growth is concentrated in major economies and large corporations, raising concerns about global imbalances.
The report calls for inclusive governance and strategic investments to ensure shared benefits worldwide.
AI’s trajectory signals both massive opportunity and responsibility for the global economy.