The Use of Artificial Intelligence in Trade Activities

The present work starts from the finding that Artificial Intelligence (AI) is increasingly influencing our lives.The integration of artificial intelligence (AI) in the economic field has experienced an extremely rapid transformation, in the trade activity being obviously visible from production and logistics, to financial services and customer relations.Since predictions show that, by the beginning of the next decade, the transition to Artificial Intelligence could become a major engine of global prosperity, in this context, the paper aims to highlight the conceptual framework, the advantages, but also the risks associated with the integration.of AI technologies in trading companies, considering that many traders and investors are adopting this technology to improve their trading strategies.

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Publication Details

Journal
Ovidius University Annals Economic Sciences Series
Published
2024-08-31
DOI
https://doi.org/10.61801/ouaess.2024.1.67
Primary Topic
Economic Systems and Logistics Management
Type
article
Field-Weighted Citation Impact
0.00
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article

The Use of Artificial Intelligence in Trade Activities

Anca Cristina Stanciu, Elenа Condreа, Valentina Irena Tudoran Niculita
Ovidius University Annals Economic Sciences Series
Economic Systems and Logistics Management
article

The Use of Artificial Intelligence in Trade Activities

Anca Cristina Stanciu, Elenа Condreа, Valentina Irena Tudoran Niculita
article en

Abstract

The present work starts from the finding that Artificial Intelligence (AI) is increasingly influencing our lives.The integration of artificial intelligence (AI) in the economic field has experienced an extremely rapid transformation, in the trade activity being obviously visible from production and logistics, to financial services and customer relations.Since predictions show that, by the beginning of the next decade, the transition to Artificial Intelligence could become a major engine of global prosperity, in this context, the paper aims to highlight the conceptual framework, the advantages, but also the risks associated with the integration.of AI technologies in trading companies, considering that many traders and investors are adopting this technology to improve their trading strategies.

Ovidius University Annals Economic Sciences SeriesVol. 24(1)
Bucharest University of Economic Studies (RO)
Openalex Percentile: Top 62%
Economic Systems and Logistics Management
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