Artificial Intelligence and its Role in Modern Business

Mariya Armyanova

Scientific Conference of the Department of General Economic Theory, 2022, issue 1, 184-191

Abstract: The Artificial Intelligence (AI) is entering all business domains. The development of business applications is based on modern information technologies, such as machine learning, neural networks, deep learning, IoT. AI can explore and analyze big data. The use of the artificial intelligence brings various advantages to businesses in different domains from marketing to medicine. It is important to compare the advantages of AI with some factors that complicate its wider application and to discover the dynamics of its business role. The report see the role and AI capabilities to aid the performance of different tasks in economics.

Keywords: Artificial Intelligence; Neural Networks; Deep learning; Machine learning; Economics (search for similar items in EconPapers)
JEL-codes: C61 Q31 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://conference.ue-varna.bg/oit2022/assets/Sbornik_dokladi_OIT_2022.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrn:oitcon:y:2022:i:1:p:184-191

Access Statistics for this article

Scientific Conference of the Department of General Economic Theory is currently edited by Kaloyan Kolev

More articles in Scientific Conference of the Department of General Economic Theory from University of Economics - Varna Contact information at EDIRC.
Bibliographic data for series maintained by Tatyana Ivanova (tatianai@ue-varna.bg).