How AI will remake the rules of international trade
The US is likely to remain a leader in AI innovation, but it may need to rely on other nations to create and sell AI products.
Sign up now: Get ST's newsletters delivered to your inbox
The ceremonial opening of a Google Cloud data centre in Hanau, Germany, in October.
PHOTO: BLOOMBERG
Tyler Cowen
When it comes to international trade and investment, artificial intelligence (AI) will create some obvious winners and losers. It is the second-order effects that may prove more interesting.
To understand those, start with two premises: First, AI services will consume a lot of energy, not all of which will be green. Second, many nations will regulate either the use of AI, or the implementation of AI-derived goods and services, for instance the creation of new pharmaceuticals or new educational techniques.