On December 19, the United Nations Conference on Trade and Development (UNCTAD) unveiled a report projecting that the global market for artificial intelligence (AI) will soar to US$4.8 trillion by 2033. The report highlights a substantial surge in AI's share among cutting-edge technologies, positioning it as a paramount and pivotal field. In contrast, other technologies like the Internet of Things, blockchain, electric vehicles, and solar photovoltaics are anticipated to experience only modest shifts in their market shares. The report also raises a red flag, noting that the swift advancement of AI is currently centered in a handful of major economies and sizable corporations. This concentration could potentially widen the development gap between nations and businesses. Hence, the report advocates for strategic investments and the establishment of more inclusive global governance frameworks to ensure a broader distribution of the benefits stemming from AI's growth.