Abstract

Recent years have been characterised by rapid technological development that shapes a new reality and encompasses virtually all aspects of human life. Artificial Intelligence (AI) is a key component of technological advancement and is crucial in shaping the modern technological landscape. The article highlights the relevance of introducing artificial intelligence in the modern world and reveals its impact on various sectors of the economy. The growth of volumes of information data, the power of computer systems and the development of machine learning algorithms create favourable conditions for integrating artificial intelligence in education and science, medicine, production technologies, finance and other sectors of the economy. The implementation of artificial intelligence in the practices of economic entities is currently an urgent necessity for socio-economic development. This allows for an increase in the efficiency of production processes, a reduction in costs (resources, time, labour), and an enhancement of the competitiveness of economic systems. Today, artificial intelligence is successfully utilised in various fields of activity, including agriculture, industry, logistics, healthcare, financial activities, and energy. Artificial intelligence optimises work operations regarding time and space, reduces costs, and strengthens control over production processes. The introduction of artificial intelligence opens up new opportunities for optimising production processes, increasing the efficiency of enterprises and the economy, and solving complex tasks. However, it poses the challenge of addressing many socio-economic problems. The hindrance of this process is attributed to the lag in the scientific process and the loss in the competitive struggle for leading positions in the global economy. The article examines the advantages and problems of implementing artificial intelligence, emphasising its key role in forming a technologically advanced and innovative society.

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