The Impact of Artificial Intelligence on Developing Digital Economy

Authors

DOI:

https://doi.org/10.5281/zenodo.12599627

Abstract

Artificial intelligence (AI) is a rapidly evolving technology that has the potential to transform the digital economy. AI has been shown to improve efficiency, productivity, and customer engagement, and it can also be used to create new products and services. By harnessing the power of AI, businesses can develop new markets and drive economic growth. Several studies have found that AI has the potential to significantly boost economic growth. For example, a study by the World Economic Forum found that AI is expected to contribute up to $15.7 trillion to the global economy by 2030. There are a number of ways in which AI can be used to develop the digital economy. AI can automate tasks, such as customer service and fraud detection, which frees up employees to focus on more complex tasks. AI can also be used to collect and analyze data, which can be used to improve decision-making and identify new opportunities. In addition to its economic benefits, AI can also help to improve social outcomes. For example, AI can be used to develop personalized education programs, improve healthcare, and provide access to essential services in remote areas. As AI technology continues to develop, it is likely to play an even more important role in the digital economy. Businesses that are able to harness the power of AI will be well-positioned to succeed in the future.

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Published

2024-07-01

How to Cite

BOŽİĆ, V. (2024). The Impact of Artificial Intelligence on Developing Digital Economy. Journal of Sports Industry & Blockchain Technology, 1(1), 1–11. https://doi.org/10.5281/zenodo.12599627