TURBULENCE ON THE GLOBAL ECONOMY INFLUENCED BY ARTIFICIAL INTELLIGENCE AND FOREIGN POLICY INEFFICIENCIES

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Kwadwo Osei Bonsu
Jie Song

Abstract

It is said that Data and Information are the new oil. One, who handles the data, handles the emerging future of the global economy. Complex algorithms and intelligence-based filter programs are utilized to manage, store, handle, and maneuver vast amounts of data for the fulfillment of specific purposes. This paper seeks to find the bridge between artificial intelligence and its impact on international policy implementation in the light of geopolitical influence, the global economy, and the future of labor markets. We hypothesize that the distortion in the labor markets caused by artificial intelligence can be mitigated by a collaborative international foreign policy on the deployment of AI in the industrial circles. We, in this paper, then proceed to propose a disposition forth essentials of AI-based foreign policy and implementation, while asking questions such as: could AI become the real ‘invisible hand’ discussed by economists?

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How to Cite
Osei Bonsu , K. ., & Song, J. . (2020). TURBULENCE ON THE GLOBAL ECONOMY INFLUENCED BY ARTIFICIAL INTELLIGENCE AND FOREIGN POLICY INEFFICIENCIES . Journal of Liberty and International Affairs, 6(2), 113-122. https://doi.org/10.47305/JLIA2020113ob
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Author Biographies

Kwadwo Osei Bonsu , Zhejiang Gongshang University, School of Law and Intellectual Property, School of Economics, China

Kwadwo Osei Bonsu, M. Eng is a Doctoral Candidate at Zhejiang Gongshang University in China, studying Economics. His research is in mathematical economics, computational analysis in law and operations research.

Jie Song, Zhejiang Gongshang University, School of Law and Intellectual Property, China

Professor Jie Song is the Vice Dean of the School of Law and Intellectual Property at Zhejiang Gongshang University in China. His research is in international law, international economic law and global affairs.

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