Artificial Intelligence and the economy of the future: between potential and responsibility
Daniela Moroianu and
Ervin-Richard Bibiri
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Daniela Moroianu: Bucharest University of Economic Studies, Romania
Ervin-Richard Bibiri: Bucharest University of Economic Studies, Romania
Theoretical and Applied Economics, 2025, vol. XXXII, issue Special, Summer, 35-40
Abstract:
This paper explores the impact of artificial intelligence (AI) on the future economy, highlighting its potential to accelerate productivity, stimulate innovation, and support sustainable economic development. Amid rapid technological advances, AI is reshaping business models, value chains, and the skills required in the labor market. The study is based on a literature review, complemented by practical examples from the economy and industry. It also discusses the challenges associated with AI use, such as digital inequality, ethical risks, and the need for responsible public policies. The conclusions emphasize the need for a balance between innovation and regulation, with a focus on education and inter-institutional collaboration to harness the benefits of artificial intelligence.
Keywords: Artificial Intelligence (AI); innovation; productivity; technological change; public policy; education and skills. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxxii:y:2025:i:special-summer:p:35-40
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