related trade to double over next five years
Business group Ibec projects that AI-related trade in Ireland will double over the next five years as the country positions itself as a central node in global supply chains. However, the report warns of rising inflation due to geopolitical tensions in the Middle East and potential economic volatility from US trade policies.
Why it matters
The report provides insight into how small, open economies like Ireland are navigating the intersection of AI-driven growth and global geopolitical instability.
Trade related to artificial intelligence (AI) is already having a significant effect on the Irish economy, according to business group Ibec.
The article summarizes economic forecasts and business group statements neutrally, citing specific data points.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in