Some Problems of the Formation of the New Generation Digital Economy based on Artificial Ä°ntelligence Technologies

Alovsat Garaja Aliyev () and Roza Ordukhan Shahverdiyeva ()

Informatica Economica, 2024, vol. 28, issue 3, 49-64

Abstract: This paper is dedicated to defining the problems of forming the New generation regional and National digital economy based on artificial intelligence methods and technologies, studying their conceptual solution mechanisms, and analyzing the infrastructure-institutional features. The relevance of the formation of the New-generation digital economy in the world economic system is justified. The necessity and importance of preparing a New-generation digital economy strategy in the regional and national aspects was noted. It has been shown that the next-generation digital economy Strategy includes artificial intelligence, Big Data, the Internet of Things, etc. such as other directions considered necessary for the development of the digital economy. The conceptual directions of the formation of the New- generation National digital economy and its sectors have been determined. An overview analysis of relevant scientific research works was conducted and the state of problem solving was studied. The features of the formation of the economy of artificial intelligence are analyzed, and the functional principles of its formation are given schematically. Based on scientific analyzes and generalizations, the components, types, and areas of artificial intelligence were developed. The effects of the application of the latest ICT and artificial intelligence technologies on the socio-economic process and the environment were analyzed. The socio-economic effects of digital transformations, as well as the application of digital artificial intelligence technologies in the management of the main economic processes, were investigated. The features of the formation of economic sectors on artificial intelligence technologies have been investigated. Forecasts on the development prospects of the artificial intelligence market have been explained. Some common features of the New-generation digital economy and the problems of applying artificial intelligence-based technologies in its formation are analyzed. New-generation digital economy sectors formed based on artificial intelligence have been identified, and relevant recommendations have been made for its transition to the stage of innovation-based development on the Industry 4.0 platform.

Keywords: Digital economy; New-generation digital economy; Technological innovation; Artificial Intelligence technologies and methods; Digital economy sectors based on Artificial Intelligence; Industry 4.0 platform (search for similar items in EconPapers)
Date: 2024
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