Revolutionizing The Global Market: An Inclusion Of AI The Game Changer In International Dynamics:

Authors

  • Sobia Anwer , Mohammed Shahadat Hosen , Dewan Shayan Khan , Esther Oluwabusayo Folorunso , Md Mehedi Hassan Melon , Humera Khan

DOI:

https://doi.org/10.59670/ml.v21iS13.10969

Abstract

This paper explores the idea that artificial intelligence is an innovative power. It is reconstructing the international dynamic and the global market in the era of technological advancement. Artificial intelligence has the potential to change many fields. It is concentrating on trade, power politics, and the global economy. In our overview of the effects of artificial intelligence on industries such as manufacturing, healthcare, finance, and logistics, we prove how innovations have been made. Artificial intelligence is increasing efficiency, productivity, and competitiveness on a global level. The credibility of the report also evaluates the geopolitical effects of AI. Artificial intelligence is analyzing how different countries are using it to gain power and some sort of leverage in foreign nations. The paper also demonstrates to review the ethical, social, and economic implications of artificial intelligence practice, focusing on the importance of sustainable development of AI policy solutions. Cognitive computing also helps organizations derive insights from large volumes of information that boost firms’ marketing, logistical, and production strategies. An automation solution provided by AI technology implementation can positively impact the framework of industries, increasing effectiveness, saving money, and optimizing processes. Artificial intelligence helps in the proper segmentation of markets and the proper targeting of customers to increase the overall satisfaction and loyalty that is[1] likely to be generated. AI has the potential to disrupt existing business structures to the extent that they are forced to innovate, bring to birth new industries, and revisit trade relations between countries. The advancement of digitalization brought the concept of market reach to a new level in the fast-evolving flow of business. Companies these days have even more opportunities than before to gain a foothold in other countries as technologies improve. The regulations on artificial intelligence of these nations also reveal their abilities and interests in terms of utilizing technology to enhance their position within the structure of the international system. The necessity of addressing possible issues, including moral dilemmas, employment displacement, and distribution between rich and developing countries regarding access to and proficiency with artificial intelligence.

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Published

2024-08-02

How to Cite

Sobia Anwer , Mohammed Shahadat Hosen , Dewan Shayan Khan , Esther Oluwabusayo Folorunso , Md Mehedi Hassan Melon , Humera Khan. (2024). Revolutionizing The Global Market: An Inclusion Of AI The Game Changer In International Dynamics:. Migration Letters, 21(S13), 54–73. https://doi.org/10.59670/ml.v21iS13.10969

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Articles