TRENDS IN MILITARY SPENDING AND SHIFTS OF THE KEY PLAYERS IN THE GLOBAL SMART WEAPONS MARKET Cover Image

TRENDS IN MILITARY SPENDING AND SHIFTS OF THE KEY PLAYERS IN THE GLOBAL SMART WEAPONS MARKET
TRENDS IN MILITARY SPENDING AND SHIFTS OF THE KEY PLAYERS IN THE GLOBAL SMART WEAPONS MARKET

Author(s): Gayane Harutyunyan
Subject(s): Economic policy, Security and defense, Military policy
Published by: Regional Department of Defense Resources Management Studies
Keywords: artificial intelligence; defense industry; “smart weapons”; defense expenditures; economic development; sociotechnical imagination;

Summary/Abstract: The widespread use of artificial intelligence in the military domain may have significant consequences not only for economic development and the specifics of the work activity of human society, but also for the global strategic balance. Thus, geopolitical actors of great and small weight in different regions cannot stay aside from the mentioned developments and strive to equip their military-political “arsenal” with weapons considered “smart” or to accumulate the necessary potential for their own development and production. In both cases, the increase in military spending is the primary factor that can contribute to the achieve of such goals. However, if in the first case it was a question of the acquisition of “smart” weapons, then in the second case, it is about the financing of scientific research activities in military domain. The research paper explores what policies different states have chosen to address the issues caused by these dilemmas, and how it has affected the economic development in these countries, solving defense and security problems, changing their geopolitical role and weight in the global security system.

  • Issue Year: 18/2023
  • Issue No: 18
  • Page Range: 142-147
  • Page Count: 6
  • Language: English
Toggle Accessibility Mode