THE IMPACT OF DIGITAL TOOLS ON MODERNIZATION OF THE ECONOMY FOR ITS SUSTAINABLE DEVELOPMENT
Abstract
In the 21st century, technology, engineering, and scientific research are defining a new quality of digital development and influencing the productivity of businesses around the world. Advanced digital tools such as artificial intelligence, big data, the Internet of Things, and digital twins are the drivers that can radically change the structure of an organization, digitize traditional and established business processes, and thereby form a new model of industrial and production organization in Ukraine. The purpose of the article is to substantiate that among the conditions for successful modernization of the Ukrainian economy in the context of sustainable development are integration into the European economic space through the formation of green, circular and sharing economies; rational and economical use of limited resources; reduction of carbon dioxide emissions by industrial facilities. The hypothesis is put forward that ethics and trust in the use of various hybrid digital tools, uninterrupted investment in new generation artificial intelligence and transparency of modernization models are the conditions under which the successful use of digital tools that accelerate the modernization of the countryʼs economy occurs. The article proves that the determinants of qualitative and systemic modernization of the national economy of Ukraine include technological renewal and technical improvement, the introduction of artificial intelligence into management systems and production and industrial processes; digital development of human capital and the acquisition of digital competencies by employees of enterprises and organizations; institutional transformations at the macro level, aimed at improving the investment climate in the country and the emergence of new businesses in the field of high technologies. Scientists are of the opinion that the application of new generation digital tools in production, industry and management determines the new quality of doing business. The use of modern AI assistants, AI agents, AI assistants and AI bots allows to significantly reduce the costs of manufacturing products and affects their cost price.
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