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Artificial Intelligence as a Factor of Business Competitiveness on the Modern World Markets (the Case of the US and Chinese High-Tech Companies)

Student: Iuliia Surkova

Supervisor: Tatiana G. Filosofova

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Bachelor)

Year of Graduation: 2021

Artificial intelligence is a tool for improving the competitiveness of business, which has great potential. With the help of AI, an enterprise can reduce costs, automate processes, improve the system of strategy development and forecasting, increase security, speed up the research process etc.However, AI is a breakthrough and actively developing technology, the introduction of which carries both potential strengthening of competitive advantages and potential risks that can cause great damage to the company.

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