The Unexpected Consequences of GenAI for Globalization #2 (Comment, Q&A) [RIETI BBL Webinar]

Generative AI is quite different than the AI that has been affecting automation and globalization for many years.This talk points to a number of research-based findings that suggest that GenAI will make foreign teleworkers more substitutable with domestic teleworkers. This will facilitate trade in B2B services and thus contribute to the rapid rise in the importance of services in overall trade. The talk ends with some conjectures about the implications including an acceleration of service-export-led development, a continuation geographic spreading of the Emerging Economy miracle. For businesses, a key implication is how this will vastly expand the talent pool.
Speaker
Richard BALDWIN (Non-Resident Fellow, RIETI / Professor of International Economics, IMD Lausanne)
-Material: www.rieti.go.j...
Commentator
IMAZATO Kazuyuki (Director, Human Resource Policy Division, Economic and Industrial Policy Bureau, METI)
-Material: www.rieti.go.j...
Moderator
TOMIURA Eiichi (President and Chief Research Officer (CRO) and Chief EBPM Officer, RIETI)