Artificial Intelligence for Efficiency Sustainability and Inclusivity in TradeTech 2025
Page 14 of 36 · WEF_Artificial_Intelligence_for_Efficiency_Sustainability_and_Inclusivity_in_TradeTech_2025.pdf
Predicting tomorrow’s repairs, today BOX 7
Time series data from sensors are used to
help predict when equipment will fail and when
maintenance is necessary. GenAI uses new
technology to analyse textual information and
overcome gaps in data to better understand
machine conditions and failure modes. The tools
provide more accurate maintenance schedules
that integrate into existing business systems. Data analysis systems can create a repository
of knowledge based on past cases to ensure the
preservation of institutional knowledge, regardless of
the experience level of individual technicians. These
models can incorporate data in multiple languages,
which enhances businesses’ ability to develop wide
repositories of knowledge about their equipment
and reduce product downtime and failures.
Transforming waste into worth BOX 8
AI and robotics can change recycling for EV car
batteries. SK Ecoplant aims to use AI tools to
determine the location of the battery and bolts, the
protocols for extracting the unit and the condition
of the parts, including information about broken
or missing pieces, enabling the automation of
battery pack removal. This information improves the
operation of robotics, which are used to unscrew
bolts and remove the covers of battery packs. The combination of AI and robotics can increase
safety and decrease the processing time for
dismantling battery modules by 32%. The
company also expects to implement AI and
automation to extract battery module cells by
2026, with the goal of improving overall efficiency
of recycling operations by 30%.
Source: NUS Business SchoolFraud detection
The value of
counterfeit and
pirated products
is estimated
at $464 billion,
constituting 2.5%
of world trade.
AI is accelerating the transition from linear to
circular economy models, which prioritize resource
conservation, reuse and waste minimization.
Improving supply chain analysis represents one
strategy for companies to improve their circularity
and strengthen sustainability efforts. AI and
blockchain enable this transition by providing the
in-depth analytics and visualization required to
track product life cycles and identify opportunities
for reuse and recycling, promoting transparency,
traceability and data-driven decision-making.
Concrete applications of AI for circularity include:
–Product life cycle extension: AI-powered
predictive maintenance and data analytics can extend the lifespan of various goods,
ranging from manufacturing equipment to
consumer electronics, that can reduce waste
(see Box 7).
–Waste management: AI and robotics are
automating and improving e-waste recycling,
especially for minerals in electric batteries, by
increasing efficiency and reducing harm to
humans (see Box 8).
–Emissions tracking: Monitoring Scope 3
emissions allows the environmental impact
of a good to be quantified, allowing for more
informed decision-making (see Box 2).The growth of electronic commerce (e-commerce)
has introduced vast new opportunities for fraud,
such as fake reviews, counterfeit products and
scams. Estimates suggest that counterfeit and
pirated products constitute 2.5% of world trade, or
$464 billion in value.11 AI’s data analysis capabilities
can flag suspicious transactions. Amazon stopped
over 700,000 new accounts from bad actors and
identified over 7 million counterfeit products around
the world in 2023.12 Similarly, Alibaba identified
$159 million worth of counterfeit products between July 2022 and June 2023 and supported law
enforcement operations that resulted in 619 arrests
and 257 facility closures.13
Fraud detection services also present business
opportunities for emerging companies such as Sift,
Entrupy and Signifyd, which have also capitalized
on technological innovation. While studies suggest
an increase in counterfeit products’ infiltration of
supply chains, AI can support the detection of
sophisticated fakes.14
AI for a circular economy
Artificial Intelligence for Efficiency, Sustainability and Inclusivity in TradeTech
14
Ask AI what this page says about a topic: