High Oil Prices May Stifle AI Boom, Warns WTO

WTO chief economist cautions that prolonged oil price surge from Middle East conflict could slow growth of AI industry
The World Trade Organization (WTO) has sounded a cautionary note about the potential impact of prolonged high oil prices on the burgeoning artificial intelligence (AI) industry. According to the WTO's latest Global Trade Outlook, the ongoing conflict in the Middle East and its resulting strain on energy and fertilizer costs pose the primary risk to the global economy.
In its report, the WTO warned that an extended period of high oil prices could
Source: The Guardian


