Today in Global Small Business: Imitation Isn't Enough With AI

©iStock/CHOLTICHA KRANJUMNONG

What's affecting me, my clients, my colleagues and other global small business owners:

• The ethical issues of AI; imitation isn't enough.
• Fears of trade protectionism are overdone.
• The fallout of Red Sea disruptions for global trade and inflation.
• Quote of the week:  "The freer the flow of world trade, the stronger the tides for economic progress and peace among nations. I've seen in my lifetime what happens when leaders forget these timeless principles. They seek to protect industries and jobs, but they end up doing the opposite." – President Ronald Reagan 
• World economic outlook April, 2024 from IMF.
• The World Trade Organization (WTO) at 30.