The role of artificial intelligence technologies in the modern economy
Abstract
Today artificial intelligence (AI) is widely used in various sectors of the economy and has a tangible impact on the modern economic system. In a postpandemic environment, when the global economy is in recession and dire need of recovery, the rapid development of AI is giving a new impetus to economic growth. Generative Artificial Intelligence, launched in November 2022, symbolizes the beginning of a new stage in the development of AI technologies. Since AI possesses great economic potential to modernize traditional industries, raise productivity, and maximize revenues, companies are actively seeking to foster the use of AI in their operations and countries are providing policy support for initiatives to introduce AI into various areas of society. Despite all the benefits of using AI there are cases of irresponsible and malicious use of it, which brings about problems associated with ensuring public security.
About the Authors
Yajie Bai
MGIMO University
Russian Federation
Russian Federation
Bai Yajie – independent consultant
People’s Republic of China
A. I. Smirnov
MGIMO University
Russian Federation
Russian Federation
Anatoly I. Smirnov – Doctorate PhD in Historical Sciences, Professor at the Department of Applied Analysis of International Problems (DAAIP), Chief Researcher at the Center for International Information Security and Science and Technology Policy
119454, Moscow, 76 Vernadsky Avenue
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Review
For citations:
Bai Ya., Smirnov A.I. The role of artificial intelligence technologies in the modern economy. International Business. 2023;(3 (5)):56-63.
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