Abstract

Artificial intelligence companies are different from traditional labor-intensive and capital-intensive companies in that their core competitiveness lies in technology, knowledge, and manpower. Enterprises show the characteristics of a high proportion of intangible assets, strong profitability, and rapid growth. At the same time, there are also the characteristics of high risk and high uncertainty. In addition to the existing value brought by existing profitability, corporate value should also consider the potential value brought by potential profitability. Enterprise value is affected by many factors such as profitability, growth ability, innovation ability, and external environment. Traditional valuation techniques are often utilised to value artificial intelligence businesses in the present market. Traditional valuation methods ignore the dynamics and uncertainties of artificial intelligence enterprise value evaluation, make static and single predictions of future earnings, ignore the value of enterprise management flexibility, and are unable to assess the intrinsic value of artificial intelligence businesses. Based on the projection pursuit method, this paper constructs a modern high-quality development enterprise high-quality development evaluation model, uses real-code accelerated genetic algorithm to optimize the projection objective function, and calculates the best projection direction vector and projection value. The collected sample data can be imported into the evaluation model to calculate the comprehensive evaluation value of the high-quality development of modern high-quality development enterprises and the weights of various indicators included. By comparing the size of the comprehensive evaluation value, each sample can be calculated Evaluation of the level of high-quality development. The results show that the high-quality development level of China's overall economy is on the rise, but the level of development is still low, and there is a large gap between the development level of the eastern region and the central and western regions. Using the systematic generalized moment estimation method, empirically, we analyse the impact of artificial intelligence on the high-quality economic development. The results show that artificial intelligence at the national level and in the central and western regions will significantly promote high-quality economic development, while artificial intelligence in the eastern region has a significant inhibitory effect on high-quality economic development.

Highlights

  • Since the concept of artificial intelligence was proposed, a large number of researches and explorations have been carried out in all circles of industry, university, and research [1]

  • It is concluded that the EVA valuation technique is appropriate for determining the value of artificial intelligence high-tech companies, as it accurately captures the features of such hightech enterprises as artificial intelligence

  • This article utilises a projection pursuit model coupled with a genetic algorithm to estimate to increase the overall estimation efficiency of the model to solve this problem and improve the consistency of regression results between artificial intelligence and high-quality economic development

Read more

Summary

Introduction

Since the concept of artificial intelligence was proposed, a large number of researches and explorations have been carried out in all circles of industry, university, and research [1]. In addition to traditional profitability, there are factors such as growth ability, innovation ability, and external environment These differences make the value of artificial intelligence enterprises have the characteristics of implicitness, volatility, and integrity. These studies help the theoretical and practical circles to gain a deeper understanding of the value of artificial intelligence companies. The primary research objectives of this article are how to assess high-quality economic development and the impact of artificial intelligence on highquality economic growth. The article sorts out the relevant theories and literature on artificial intelligence and highquality economic development and defines the connotations of the two On this basis, we explain the mechanism of artificial intelligence on the high-quality economic development. We collect panel data from 30 provinces, autonomous regions, and municipalities in China and use econometric theories and methods to conduct empirical research on the relationship between the two

Related Work
Artificial Intelligence Enterprise Value Evaluation
Value Composition of Artificial Intelligence Enterprises
Characteristics of Artificial Intelligence Enterprise Value Assessment
Evaluation result of combination weighting method
Analysis Based on Empirical Results at the National Level
Analysis Based on Empirical Results at the Subregional Level
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.