Artificial Intelligence: The Catalyst For New Industrial Revolution And Economic Development?
Cristian-Radu Spătaru · Valer Bocan · Cătălin C. Popescu
Date
Rezumat
Research-development-innovation drives economic growth and competitiveness. AI, a key element of Industrial Revolution 4.0 (transitioning to 5.0), transforms industries and society, offering innovation but also risks. This study reviews AI's role as a catalyst for industrial and economic change. Using multiple regression on EU27 data (2017–2022), it examines factors influencing "AI software development - Very High-impact AI projects (%)". The tested hypothesis states that talent availability and R&D investments shape AI project scope. Independent variables include R&D expenditure, venture capital in AI, researcher count, and the global innovation index. Results confirm that AI development depends on these factors. The findings provide insights for policymakers and industry leaders, highlighting the need for regulations to manage risks. Future research should address AI governance and long-term effects.
Note
Prezentată și la a 22-a Conferință Internațională privind Convergența Economică în Uniunea Europeană (ECEU 2025), București, 15–16 mai 2025. Contabilizată o singură dată aici, sub versiunea din revistă.
Citare
@article{spataru2025artificial,
author = {Spătaru, Cristian-Radu and Bocan, Valer and Popescu, Cătălin C.},
title = {Artificial Intelligence: The Catalyst For New Industrial Revolution And Economic Development?},
journal = {Theoretical and Applied Economics, Special Issue},
year = {2025},
volume = {XXXII},
pages = {145--160},
issn = {1844-0029}
}