Artificial intelligence technology that can process personal behavioral data is becoming increasingly sophisticated, offering consumer experiences to meet various needs for faster and more frequent economic-financial transactions through e-commerce platforms at massive volumes and frequencies despite low value per transaction (retail) (Graph 17).
We have already seen declining emerging market exports and weaker commodity prices, although what happens in China will be an important determinant of the outlook for commodity prices. In general it will be difficult to sustain growth in many emerging markets, particularly those that are non-food commodity exporters, as well as those that have strong manufactured export markets in the advanced economies.