GREEN ECONOMY AND HOLISTIC PLANNING BY ARTIFICIAL INTELLIGENCEAPPLICATION

Artificial intelligence (AI) is the main toolin the green economy development, as contemporary methodology addressing environmental sustainabilitywith all opportunities, problems and challenges. This manuscript provides a systematic overview of the advantages and drawbacks associated with AI deployment in green sectors. On the one hand, IT such as machine learning, data analytics, and optimization algorithms offer immense potential to enhance resource efficiency, optimize energy systems, and facilitate sustainable decision-making processes. By analyzing large datasets and identifying patterns, AI can optimize energy consumption, streamline waste management, and accelerate the transition to renewable energy sources with the goal of green economy. However, the widespread adoption of AI in the green economy also raises concerns regarding data privacy, algorithmic bias, and job displacement. Additionally, the energy-intensive nature of AI training and computing poses environmental challenges, potentially offsetting the environmental benefits gained from its implementation. Therefore, while AI holds promise as a tool for advancing environmental sustainability in the green economy, careful consideration of its implications is necessary to maximize its positive impacts and mitigate potential risks.

Institutions

Publication Details

Journal
RePEc: Research Papers in Economics
Published
2024-10-01
Primary Topic
COVID-19 impact on air quality
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

GREEN ECONOMY AND HOLISTIC PLANNING BY ARTIFICIAL INTELLIGENCEAPPLICATION

RePEc: Research Papers in Economics
COVID-19 impact on air quality
article

GREEN ECONOMY AND HOLISTIC PLANNING BY ARTIFICIAL INTELLIGENCEAPPLICATION

article en

Abstract

Artificial intelligence (AI) is the main toolin the green economy development, as contemporary methodology addressing environmental sustainabilitywith all opportunities, problems and challenges. This manuscript provides a systematic overview of the advantages and drawbacks associated with AI deployment in green sectors. On the one hand, IT such as machine learning, data analytics, and optimization algorithms offer immense potential to enhance resource efficiency, optimize energy systems, and facilitate sustainable decision-making processes. By analyzing large datasets and identifying patterns, AI can optimize energy consumption, streamline waste management, and accelerate the transition to renewable energy sources with the goal of green economy. However, the widespread adoption of AI in the green economy also raises concerns regarding data privacy, algorithmic bias, and job displacement. Additionally, the energy-intensive nature of AI training and computing poses environmental challenges, potentially offsetting the environmental benefits gained from its implementation. Therefore, while AI holds promise as a tool for advancing environmental sustainability in the green economy, careful consideration of its implications is necessary to maximize its positive impacts and mitigate potential risks.

RePEc: Research Papers in Economics
University of Belgrade (RS), Institute of Forestry (RS), Fakultet za Poslovni Menadžment u Baru (ME)
Openalex Percentile: Top 53%
COVID-19 impact on air quality
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

GREEN ECONOMY AND HOLISTIC PLANNING BY ARTIFICIAL INTELLIGENCEAPPLICATION · RePEc: Research Papers in Economics (2024) | TGRS Research Map | TGRS