Bangladeshi student researchers study role of AI in US industrial growth
Bangladeshi student researchers at U.S. academic institutions say artificial intelligence, supply chain digitalisation, and Industry 4.0 transformation can bolster U.S. industrial competitiveness.
In a recent study published in Sustainable Development by Wiley, the researchers analyse how artificial intelligence innovation, supply chain digitalisation, trade openness, foreign direct investment, and gross domestic product growth interact to foster long-term industrial value creation in the United States.
Drawing on national-level data from the United States spanning 1990 to 2023, the study underscores a central policy challenge: artificial intelligence innovation, on its own, may not deliver sustained industrial value unless supported by a skilled workforce, robust digital infrastructure, modern supply chains, and coherent long-term industrial policy.
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The findings indicate that digitalisation of the supply chain, associated with trade openness and economic growth, has a positive, long-term correlation with industrial value in the United States, underscoring the policy importance of strengthening digital supply chains.
The study suggests that the United States stands to gain from artificial intelligence-driven transformation when technology is integrated with workforce development, supply chain resilience, and strategic investment, offering a policy path for industrial growth.
Nur Mohammad Ali, co-author of the study and doctoral student at Lamar University, said the research aims to inform practical policy strategies for the United States economy and technology sector.
He said, "Artificial intelligence can help the United States achieve greater industrial strength, but only when it is implemented alongside skilled workers, digital supply chains, and robust long-term policy."
Md Emon Ahmed of Baruch College, City University of New York, noted that the future of Industry 4.0 hinges on integrating artificial intelligence, the workforce, investment, trade, and supply chains, underscoring the policy choices ahead.
