Digital Technologies as a Process of Strategic Maneuvering in Economic Development

This paper presents ideas and practical proposals are presented on more efficient use of digital technologies in the interests of strategic maneuvering in the business activity of the economy, aggravated by the COVID-19 pandemic. Based on the transition to a new digital structure, we found that for effective strategic maneuvering in the business activity of the economy and overcoming its today’s turbulent state, it is required: first, the large-scale use of digital technologies as a component of modern integration processes in the international scientific space in order to minimize the problems and strengthening the economic potential of the country;secondly, the use of digital technologies as the “nuclei” of the interaction of science, business and governments, which contributes to the growth of a new strategic management system based on improving the scenario tools for forecasting, allowing to identify trends and incentives for the development of cluster zones in the regional development of the economy;third, the accelerated use of digital technologies caused by the COVID-19 pandemic, as a result of the consistent implementation of a coordinated strategy for the development of the Russian economy based on global cooperation in all fields of activity;fourth, to introduce “digital style” in strategic public administration, which includes specific measures to develop digital technologies, especially artificial intelligence technologies, in order to determine, identify and eliminate barriers, stimulate public and private participation in the introduction of digital technologies, as well as schedule a program to mitigate negative or unintentional consequences on the development of digital technologies, which will make it easier and focus on the country’s current efforts, making the way to the digital future in response to the COVID-19 pandemic. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

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.

Digital technologies as a new component of the business process

Technological developments in the digital economy will be distributed to all firms in various sectors of the economy. In this regard, the relevance of the topic is due to the need to study the use of digital technologies (DT) to create anti-turbulent conditions in the mode of effective business activity and economy in general, worsened by the COVID-19 pandemic. DT is the subject of countless discussions and publications about its effects. The aim of this paper is to develop a conceptual framework that reveals the value of DT, which is not in the DT models themselves, but in the ability of organizations to use them. Our results have confirmed that DT are the driving force behind the development of modern business, because, first, they provide a clear incentive for their developers, companies, policy makers and users to solve the economic problems they face;second, DT remove the limitations of obtaining massive data sets based on global cooperation in the field of economic development;Third, given the scale of the beneficial impact of DT on business and the economy as a whole, some institutional innovation will be required to cope with the implementation of DT, as there should be no restrictions on their implementation and application, but rather, there should be promotion of the useful and safe use of DT, spurred by the COVID-19 pandemic. At the end of the article, the conclusions are presented, which will serve as a basis for further research and future practice. © 2020 Elsevier B.V.. All rights reserved.