The Usage of Artificial Intelligence in Strategic Decision Making in Terms of Fourth Industrial Revolution

The total digitalization of the economy and society will inevitably lead to significant changes in the system of management of the organization, including strategy management. The use of artificial intelligence systems and robotics carries with it both tremendous opportunities and threats of the disappearance of certain jobs. There is no doubt that artificial intelligence will be able to take on the routine administrative functions of management - coordination and control and also will be indispensable in the strategic analysis of different factors of the macro- and microenvironment of the organization, the analysis of its strengths and weaknesses, opportunities and threats, analysis of the corporate portfolio. The article is dedicated to the usage of artificial intelligence in the process of taking strategic decisions.

Publisher
Atlantis Press
Language
English
Pages
22-25
Status
Published
Year
2020
Organizations
  • 1 Peoples' Friendship University of Russia
Keywords
digital economy; strategy management; artificial intelligence; fourth industrial revolution
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