TURBULENCE ON THE GLOBAL ECONOMY INFLUENCED BY ARTIFICIAL INTELLIGENCE AND FOREIGN POLICY INEFFICIENCIES
TURBULENCE ON THE GLOBAL ECONOMY INFLUENCED BY ARTIFICIAL INTELLIGENCE AND FOREIGN POLICY INEFFICIENCIES
Author(s): Bonsu Kwadwo Osei, Jie SongSubject(s): Politics / Political Sciences, Politics, Economy, National Economy, Supranational / Global Economy, International Law, Political Theory, Political Sciences, Governance, Economic policy, Government/Political systems, International relations/trade, Security and defense, Welfare systems, Political economy, Political psychology, Politics and law, Politics and communication, Politics and society, History and theory of political science, Comparative politics, Financial Markets, Public Finances, Human Resources in Economy, ICT Information and Communications Technologies, Socio-Economic Research, Geopolitics, Politics and Identity, Peace and Conflict Studies
Published by: Institute for Research and European Studies - Bitola
Keywords: Artificial Intelligence; Foreign Policy; Invisible Hand; Global Economy; Machine Learning Algorithm; Labor Markets
Summary/Abstract: It is said that Data and Information are the new oil. One, who handles the data, handles the emerging future of the global economy. Complex algorithms and intelligence-based filter programs are utilized to manage, store, handle, and maneuver vast amounts of data for the fulfillment of specific purposes. This paper seeks to find the bridge between artificial intelligence and its impact on international policy implementation in the light of geopolitical influence, the global economy, and the future of labor markets. We hypothesize that the distortion in the labor markets caused by artificial intelligence can be mitigated by a collaborative international foreign policy on the deployment of AI in the industrial circles. We, in this paper, then proceed to propose a disposition forth essentials of AI-based foreign policy and implementation, while asking questions such as: could AI become the real ‘invisible hand’ discussed by economists?
Journal: Journal of Liberty and International Affairs
- Issue Year: 6/2020
- Issue No: 2
- Page Range: 113-122
- Page Count: 10
- Language: English
