We recently published a list of Tariff strikes. In this article, we will look at the Amazon.com Inc. (NASDAQ: Amzn) against other Amnesty International stocks in the spotlight.
The newly announced definitions by US President Donald Trump may have severe consequences for many shares. The competitive scene may also change, leading competitors to obtain an advantage. In particular, investment company, Bernstein, warned of high uncertainty and negative risks to semiconductor shares after the new tariff plan. Although the chips are still safe at the present time, the company said that the indirect consequences may be great.
Besides the concerned definitions, another field of concern in the world of artificial intelligence is its future potential effect. The major technology companies may advance in the AI Arm Race race, but they ignore a major area of anxiety. According to the United Nations Trade and Development Agency, the artificial intelligence industry is preparing to reach $ 4.8 trillion of market value by 2033. However, its benefits are expected to remain very focused.
The UNCTAD report reveals that the maximum artificial intelligence market will almost equal the size of the German economy. However, there are great concerns about automation and job displacement. The report warns that artificial intelligence may affect 40 % of jobs all over the world.
Read the following: Mag7 and beyond: The 10 best updates and classifications of artificial intelligence news and 9 Amnesty International shares issue headlines today
What is more than the clay is also revealed that artificial intelligence is not “comprehensive”, which means that the economic benefits and gains of technology tend to be “very focused.”
“Often the benefits of automation driven by artificial intelligence are often preferred to employment, which may expand inequality and reduce the competitive advantage of low -cost employment in developing economies.”
UNCTAD is not the only organization that raises concerns about job displacement and inequality in income caused by the emergence of artificial intelligence. The International Monetary Fund has expressed similar concerns in the past, revealing how to polarize in the brackets of income. It is possible that workers who can harness artificial intelligence will witness an increase in their productivity and wages, and those who cannot leave the knees.
The report revealed from the International Monetary Fund that artificial intelligence may affect 60 % of advanced economies. On the other hand, it is expected that the exposure of Amnesty International is estimated at 40 % and 26 % in emerging markets and low -income economies. In general, artificial intelligence is expected to increase income equality over time. For this reason, it is important for politicians to address the issue proactively in order to protect the livelihoods of those who suffer from weakness.
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