Current trends in scientific research and the development of information technologies cover more and more areas of business. In these conditions, the findings of scientific-technical revolution and the innovations most important factors for the country’s economic development and crucial to become a competitive state. The gradual establishment and the scope of use of artificial intelligence on the world innovative technology market increases daily. The purpose of this work is to investigate its impact on business based on the experience of the world and particularly, in Georgia. Accordingly, the study discusses the stages and main trends of artificial intelligence development. Depending on the scale of implementation, Georgia’s current trends in job cuts / disappearances along with automation are analysed and future prospects are assessed. The paper discusses the use and increased importance of artificial intelligence 4.0 industry in the context of pandemic restrictions in various sectors of the economy and assessed the role in the post-pandemic period. The paper uses both qualitative and quantitative research methods. Content analysis of the scientific literature, statistical indicators and practical examples of different countries and international organizations is provided. Studies of leading analytical institutions are also included to analyse the current situation and prospects for development.
The COVID-19 appeared in Hubei Province (China) at the end of 2019 and it was assessed as a global pandemic in March 2020. Because of pandemic radically transformed the existing reality and created a completely new Pandeconomic (economic, social and political) challenges to the world. There were restricted international air, land and sea traffic, as well as domestic traffic, cultural and sports events, social events and economic activities as part of the activities taken by the states against the spread of the virus.
The aim of the research is to study the impact of the current pandemic situation on the socio-economic issues of the Black Sea Region countries. The paper systematically analyzes economic processes of the Black Sea Region countries in the domestic and international context. In addition, the analysis of the planned anti-crisis activities outlines future prospects and develops recommendations. It is likely that the crisis caused by the pandemic will last longer than COVID-19 itself. Consequently, the results presented in the study and the recommendations developed based on the research have a practical purpose in eliminating the Pandeconomic crisis.
The process of political, economic and socio-cultural integration is underway of rapid pace in terms of globalization. Consequently, changes in one state will be reflected in other countries or region as a result of increased interdependence. The U.S. and Turkey have a historically strong relationship. They have a shared interest in economic collaboration, stability and security. The long history partnership has been tested in 2018 by a series of disagreements. Turkey and the U.S face their greatest diplomatic crisis. The lira lost almost a quarter of its value against the dollar. It should be noted Turkey’s increasing more independent regional role and influence. There are also signs that the crisis has the wider impact. However, the aim of this paper is to present the correlation between the U.S-Turkey crisis and the economy of the Black Sea Region countries. The paper consists of several thematic parts and a part dedicated to conclusions and recommendations. First one is introduction, second one is theoretical and provides to analyse specific issues related to US-Turkey relations: from alliance to crisis. The third part discusses the research methodology used during the research for this study. The article includes short and long term recommendations which are possible solutions for it.
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