AI fused with trade data may finally smooth clogged supply chains
The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data to ferret out risks and opportunities in the $32 trillion global trading system.
During the pandemic, government agencies and industries like financial services and telecommunications accelerated their adoption of machine-learning tools. But many involved in trade were caught in analog, paper-laden transactions playing catch-up.
Now, after three years of historic trade disruptions, generative AI and language-learning models have emerged just when governments and companies need them to better manage the world’s convoluted supply lines.