The Use of Artificial Intelligence in Trade Activities

Anca Cristina Stanciu (), Elena Condrea () and Valentina Irena Tudoran (Niculita) ()
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Anca Cristina Stanciu: “Ovidius” University of Constanta, Faculty of Economics Sciences, Romania
Elena Condrea: “Ovidius” University of Constanta, Faculty of Economics Sciences, Romania
Valentina Irena Tudoran (Niculita): The Bucharest University of Economic Studies, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 1, 525-531

Abstract: The present work starts from the finding that Artificial Intelligence (AI) is increasingly influencing our lives. The integration of artificial intelligence (AI) in the economic field has experienced an extremely rapid transformation, in the trade activity being obviously visible from production and logistics, to financial services and customer relations. Since predictions show that, by the beginning of the next decade, the transition to Artificial Intelligence could become a major engine of global prosperity, in this context, the paper aims to highlight the conceptual framework, the advantages, but also the risks associated with the integration. of AI technologies in trading companies, considering that many traders and investors are adopting this technology to improve their trading strategies.

Keywords: artificial intelligence; trade; strategies; development (search for similar items in EconPapers)
JEL-codes: F43 M15 N70 O24 O33 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxiv:y:2024:i:1:p:525-531

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