Browsing by Author "Parcalab, Carolina"

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    THE EFFECTS OF ARTIFICIAL INTELLIGENCE OVER ECONOMIC COMPETITION EFECTELE INTELIGENȚEI ARTIFICIALE ASUPRA CONCURENȚEI ECONOMICE
    (INCE, 2021) Parcalab, Carolina
    Artificial intelligence has exceeded all expectations, even of the most sceptic ones. Today's world is unimaginable without "smart" tools, and the speed and comfort offered by solutions of artificial intelligence are experienced in all spheres of social activity. Nowadays economic growth becomes impossible without the implementation of innovative technologies, which are developed and adapted on daily basis to be correspondent with new requirements and behaviors of individuals. Businesses must invest in innovation to be competitive, and the low costs of new technologies and data storage, analysis and processing encourage them to do so. The advantageous results are immediately felt by entrepreneurs, who can make quick and market-friendly decisions on price changes, business planning, trade organization and logistics. Voices of skeptics exist however in academic medium as well as in legislative forums at national and international levels, warning of the potential dangers that the humanity may face due to the uncontrolled use and development of artificial intelligence. In addition to concerns about inadmissible interference with privacy, ethical and legal issues of artificial intelligence over economic competition are also discussed. Competition authorities in other countries have already identified intelligent algorithms that would facilitate collision between competitors, or abuse of dominant positions, as well as acts of unfair competition.