Harnessing Industrial Revolution Using Artificial Intelligence for Robust Economic Corridors and Sustainable Development

Abstract

The advent of the Fourth Industrial Revolution (IR 4.0) was poised to reshape the global economy, underscored by UNESCO’s emphasis on digital transformation and innovation. Within this context, we investigate the integration of Autonomous Truck Platooning (ATP) within the China-Pakistan Economic Corridor (CPEC) and the Belt and Road Initiative (BRI). According to the UN, it affects over 60% of the world's population and spans over 65 countries. ATP, through the utilization of advanced sensors, communication technologies, and artificial intelligence, has the potential to significantly improve the efficiency, sustainability, and security of freight transportation. Employing a mixed-methods approach, this research engages with empirical data, including World Bank statistics on trade and transport, and conducts system modelling and stakeholder consultations. A noteworthy revelation is that, with an estimated 20% reduction in fuel costs and similar reductions in carbon emissions, ATP could contribute substantially to economic growth and environmental sustainability within the CPEC and BRI corridors. However, integrating this technology requires extensive infrastructural upgrades, regulatory harmonization, and social adaptation. Considering these considerations, this study culminates in quantifiable and discrete conclusions. A tangible outcome is the prospect of generating an estimated annual trade efficiency gain of US $ 5 billion across the corridors by 2030. Furthermore, the study delineates practical implications, policy recommendations, and propositions for future research, serving as a cornerstone for policymakers, stakeholders, and academia in understanding and capitalizing on IR 4.0 technologies for robust economic corridors and sustainable development.