Artificial Intelligence: Transforming Industries and the Global Economy

Abstract

Artificial Intelligence (AI) is revolutionizing industries and reshaping the global economy by driving innovation, improving operational efficiency, and enabling new business models. This paper explores the transformative impact of AI across various sectors, including healthcare, finance, manufacturing, transportation, and education. By analyzing real-world case studies and examining AI's role in automating processes, enhancing decision-making, and creating personalized experiences, the paper highlights both the opportunities and challenges faced by businesses and economies worldwide. Additionally, the paper addresses ethical concerns, workforce displacement, and the need for regulatory frameworks to ensure responsible AI adoption. Ultimately, AI is poised to be a critical driver of economic growth, competitiveness, and societal advancement in the 21st century.