Bìznes Inform (Mar 2024)

The Efficiency of Intelligent Economic Systems in Ensuring Sustainable Economic Growth

  • Goi Vasyl V.

DOI
https://doi.org/10.32983/2222-4459-2024-3-160-167
Journal volume & issue
Vol. 3, no. 554
pp. 160 – 167

Abstract

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This research paper explores the transformative potential of intelligent economic systems in the context of sustainable economic growth. This potential determines the impact of integrating artificial intelligence, data analytics, and automation into economic processes on key dimensions, including economic growth, resource efficiency, and environmental sustainability. Through a multidimensional approach, this research employs quantitative analyses, qualitative insights from stakeholder interviews and expert surveys, and cross-regional comparisons to provide a comprehensive perspective on the subject. The findings reveal a compelling positive relationship between the adoption of intelligent economic systems and economic expansion. Regions that have embraced these systems consistently outperform their non-adopting counterparts, demonstrating higher economic growth rates, enhanced resource efficiency, and improved environmental sustainability. Innovation emerges as a central driver of growth, while challenges related to workforce adaptation and data administration require careful consideration. This research paper not only underscores the significance of intelligent economic systems in shaping a more sustainable and prosperous future but also offers practical recommendations for policymakers, businesses, and individuals. It calls for a collaborative global effort to harness the transformative power of intelligent economic systems, highlighting the potential to create a harmonious balance between innovation, intelligence, and sustainability in the pursuit of economic prosperity. The research carries significant practical value for a wide range of stakeholders, including policymakers, business leaders, investors, and the broader community. By empirically examining how intelligent economic systems, characterized by the integration of technologies like artificial intelligence, big data analytics, and automation, impact economic growth, resource efficiency, and sustainability, the research offers actionable insights and recommendations that can guide decision-making in both the public and private sectors.

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