Abstract
Purpose: The purpose of the paper is to compare various scenarios of state management of the digital economy, to determine the differences between them in developed and developing countries, and to substantiate the expedience and to develop recommendations for modernization of state management of the digital economy based on AI.
Design/methodology/approach: The methodological basis of the research is comprised of the Theory of Games and the systemic approach, according to which regression analysis, Monte Carlo method, and the simplex method are used. The research objects are 10 developed and 10 developing countries from different geographical regions of the world.
Findings: It is substantiated that modernization of state management of the digital economy based on AI is the most preferable scenario of this management, as it allows achieving the best results for the institutional environment and has the higher probability – i.e., simplicity of implementation.
Originality/value: The authors offer recommendations for modernization of state management of the digital economy based on AI, which will ensure its systemic character. Significant differences between the categories of countries are established. In developed countries, digitization could have a reverse effect, aggravating the institutional environment and thus should be accompanied by increased monitoring.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
IMD: The Digital Competitiveness Report 2019 (2020). https://www.imd.org/wcc/world-competitiveness-center-rankings/world-digital-competitiveness-rankings-2019/. Accessed 14 Jan 2020
Popkova, E.G.: Preconditions of formation and development of industry 4.0 in the conditions of knowledge economy. In: Studies in Systems, Decision and Control, vol. 169, no. 1, pp. 65–72 (2019)
Popkova, E.G., Egorova, E.N., Popova, E., Pozdnyakova, U.A.: The model of state management of economy on the basis of the Internet of Things. In: Studies in Computational Intelligence, vol. 826, no. 1, pp. 1137–1144 (2019)
Popkova, E.G., Morozova, I.A., Litvinova, T.N.: Transformational processes in the media system under industry conditions 4.0: future outlines and perspectives. Theor. Pract. Issues J. 7(1), 145–154 (2018). (reflections on the article by Alexander P. Sukhodolov, DSc. In Economics, Professor and Irina A. Kuznetsova, PhD in Engineering, Associate Professor “Designing the mass media as a homeostatic system by means of automation engineering: Basic concepts, structure, components”)
Popkova, E.G., Parakhina, V.N.: Managing the global financial system on the basis of artificial intelligence: possibilities and limitations. In: Lecture Notes in Networks and Systems, vol. 57, no. 1, pp. 939–946 (2019)
Popkova, E.G., Sergi, B.S.: Will industry 4.0 and other innovations impact Russia’s development? In: Sergi, B.S. (ed.) Exploring the Future of Russia’s Economy and Markets: Towards Sustainable Economic Development, pp. 51–68. Emerald Publishing Limited, Bingley (2018)
Popkova, E.G., Sergi, B.S. (eds.): Digital Economy: Complexity and Variety vs Rationality. Springer International Publishing, Heidelberg (2019)
Ragulina, Y.V., Alekseev, A.N., Strizhkina, I.V., Tumanov, A.I.: Methodology of criterial evaluation of consequences of the industrial revolution of the 21st century. In: Studies in Systems, Decision and Control, vol. 169, pp. 235–244 (2019)
Sergi, B.S. (ed.): Tech, Smart Cities, and Regional Development in Contemporary Russia. Emerald Publishing Limited, Bingley (2019)
Sergi, B.S., Popkova, E.G., Bogoviz, A.V., Litvinova, T.N.: Understanding Industry 4.0: AI, the Internet of Things, and the Future of Work. Emerald Publishing Limited, Bingley (2019)
Stolyarov, N.O., Petrenko, E.S., Serova, O.A., Umuralieva, A.S.: The digital reality of the modern economy: new actors and new decision-making logic. In: Lecture Notes in Networks and Systems, vol. 87, pp. 882–888 (2020)
World Economic Forum: The Global Competitiveness Report 2019 (2020). http://reports.weforum.org/global-competitiveness-report-2019/competitiveness-rankings/#series=GCI4.A.01. Accessed 14 Jan 2020
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this paper
Cite this paper
Rogulenko, T.M., Turovsky, A.A., Bodiako, A.V., Sinyakov, Y.V. (2020). Modernization of State Management of the Digital Economy Based on AI. In: Popkova, E., Sergi, B. (eds) Scientific and Technical Revolution: Yesterday, Today and Tomorrow. ISC 2019. Lecture Notes in Networks and Systems, vol 129. Springer, Cham. https://doi.org/10.1007/978-3-030-47945-9_38
Download citation
DOI: https://doi.org/10.1007/978-3-030-47945-9_38
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-47944-2
Online ISBN: 978-3-030-47945-9
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)