"The role of artificial intelligence in the development of the knowledge economy"

Abstract

Artificial intelligence is considered one of the most important technologies that contribute to the development of the knowledge economy. The knowledge-based economy has a distinct nature in terms of the specificity of its role that it will play in the future, and the ability to innovate and create previously unknown intellectual knowledge products. Artificial intelligence is also characterized by being based on innovation. Digitization for the production of goods and services has a great return, and international investment has become more dependent on knowledge thanks to globalization, which has contributed to the spread of the best investment procedures applied by each country.

This study aims to demonstrate the role of artificial intelligence in the development of the knowledge economy, which depends on knowledge and information to achieve comprehensive development, as artificial intelligence is considered an essential element in achieving this, and applications of artificial intelligence can be used to improve the performance of institutions in all fields and increase the value of knowledge in them.

Artificial intelligence works to develop machine learning systems and accurate predictions, which enhances the ability of countries and institutions to innovate and develop services and products sustainably in the knowledge economy.

So the rapid technological development that the world is witnessing today has created a gap between developed countries and developing countries in the field of information and communications technology, and this has led to increased interest in the knowledge-based economy, which has a major role in achieving economic development in countries of the world, especially in light of artificial intelligence, and from here. The problem of the study emerged by answering the main question: What is the role of artificial intelligence in the development of the knowledge economy?