Artificial Intelligence Technology as an Economic Accelerator of Business Process

The article covers a range of problems related to the need to use artificial intelligence (AI) technology, on the one hand, as an economic accelerator of business processes in conditions of high competition in the global market, and as conditions for the growth of the economy as a whole. The main purpose of the article is to prove the feasibility of developing a conceptual framework that reveals the value of AI technology in areas such as probabilistic thinking, machine learning and computer vision to help managers better understand how promising achievements can be achieved that can eliminate some limitations in business growth and create a new wave of opportunities in the socio-economic development of the country. The results of the study confirmed that AI technology: firstly, helps to create an innovative product, better serve customers, allocate employees to solve more creative tasks, reduce costs and get high results;secondly, it gives a clear incentive to its developers, companies, politicians and users to solve the socio-economic problems facing them;thirdly, removes restrictions in obtaining massive datasets based on global cooperation in the field of digital transformation. An assessment of the possibility of using the experience of AI technology development in advanced countries has been proposed and a number of measures have been developed to adapt the development of foreign AI technology to meet the requirements of the national program of the digital economy of Russia in response to the COVID-19 pandemic. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Digitalization as a New Paradigm of Economic Progress

Digitalization that challenges us, instills a sense of progress, gives autonomy and makes us feel a bright future. It is viewed as a result of the large-scale use of digital technologies in the mode of modern integration processes in the international space in order to enhance economic progress. Based on this goal, we reveal the degree of influence of the generation of digital technologies on the transforming factor of economic growth. They tend to argue that digitalization has become a critical necessity in all spheres of the economy, which is the basis for long-term success. Analyzing the use of digital technologies as a “core” of interaction between science, business and government, we prove the inevitability of economic growth, an increase in the quality of human life and the prosperity of society. We identified ways to consistently implement Russia's coordinated strategy based on the use of digital technologies in all spheres of economic and social activity. Justified the introduction of the “digital spirit” into economic life, especially in the development of artificial intelligence technologies, as an accelerator for achieving global advantages and reducing risks in modern economic development in response to the COVID-19 pandemic. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Digital transformation as a new paradigm of economic policy

This study analyzes the conceptual provisions related to solving problems related to the introduction of digital technologies and the formation of a digital economy based on them, reveals the dynamics of digital transformation and its impact on business processes and the interaction of states, business and civil society in the context of modern economic policy. We reviewed the policy of the Russian state in terms of overcoming both the existing and potential economic consequences of the COVID-19 pandemic based on published expert assessments. Our results confirmed that overcoming the current turbulent state of the digital economy in Russia requires: firstly, the development of digital entrepreneurship or the digital sector as the "core" of the digital economy, where digital technologies are created;secondly, the removal of restrictions on the movement of resources caused by the COVID-19 pandemic, as a result of the consistent implementation of a coordinated strategy for the digitalization of the economy, based on global cooperation in the field of economic policy;third, the process of reproduction of the social product, where production - distribution - exchange - consumption interact, should take place at the level of world standards;fourth, to introduce the "digital style"in economic policy through building technological chains and diversified connections;fifth, to develop artificial intelligence, the essence of which is to"break" the matrix of habitual life in order to launch a large-scale virtual program of a new being of humanity, spurred by the COVID-19 pandemic. © 2020 Elsevier B.V.. All rights reserved.