ARTIFICIAL INTELLIGENCE AND ECONOMIC GROWTH: THE TRANSFORMATIVE ROLE OF AI IN FUTURE MARKETS

Abstract

Artificial Intelligence (AI) is revolutionizing global markets with the aid of the use of productivity, charge performance, and innovation, making it a pivotal force for future monetary increase. This article explores AI's transformative effect throughout industries, together with production, finance, healthcare, and retail, emphasizing its function in optimizing techniques and unlocking new marketplace possibilities. While AI fosters virtual economic gadget expansion and innovation ecosystems, it also reshapes tough paintings markets by way of redefining job roles and developing novel profession pathways, alongside challenges like body of workers displacement. Ethical worries, regulatory compliance, and addressing the virtual divide are vital for ensuring responsible AI adoption. The article in addition examines AI’s contribution to global competitiveness, fostering pass-border collaboration and innovation hubs, even as exploring its function in addressing weather change via smarter aid manage. Through case research and facts-pushed insights, the thing highlights AI's capability for sustainable, inclusive monetary growth, emphasizing the want for equitable rules and accountable deployment.