IMPACT OF ARTIFICIAL INTELLIGENCE (AI) ON ECONOMICS AND MANAGEMENT

https://doi.org /10.59982/18294359-24.15-is-09

 Abstract

The scientific article presents the results of the research on the peculiarities of artificial intelligence technology’s impact on the transformation of business process management systems, management decision-making, and organizations’ management improvement in all sectors of the economy. The relevance of the work on the selected issue is determined by the formation of a digital economy model in which technology, including artificial intelligence, contributes to improving the efficiency of management and the economic activities of business entities. The object of the study is artificial intelligence (AI) technologies. The subject of the study is the impact of artificial intelligence technologies on management practices and economic activities of commercial organizations. Within the framework of the scientific article, the theoretical and practical aspects of the concept of “artificial intelligence” are considered. The factors that caused the development of artificial intelligence technologies in modern economics and management are identified. The main directions of influence of artificial intelligence technology in the management activities of organizations are analyzed. The prospects and possibilities of AI technology in economics and management are addressed. The actual problems that create threats and barriers to the introduction and effective use of artificial intelligence technology with the improvement of the management system at the enterprise are identified. The conclusions of the article establish that the impact of artificial intelligence on the economy and management forms a sustainable foundation for successful digital transformation by increasing the economic efficiency of economic activity and management.

Keywords: Artificial intelligence; digitalization; management system; digital economy; management; digital transformation.

    PAGES : 105-113

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