The Importance of Artificial Intelligence in Economic Decision-Making in Egypt (Available in English) (Disponible en Français)

Document Type : Refereed academic research and articles

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Assistant Secretary General. National Defence Council

Abstract

The importance of artificial intelligence is that it can simulate human behavior in thinking to solve problems and the ability to store data and results for use in the future through various methods that are not affected by danger, exhaustion, or psychological pressure and make the person focus on more important things in the decision-making process. New generation models of artificial intelligence based on generative artificial intelligence have recently emerged through their ability to deconstruct problems and analyze them to find solutions based on form scenarios from which the optimal alternative is chosen after weighing the pros and cons of each alternative impartially and storing various data related to this process to exploit it when facing a specific problem. It has proven its efficiency in multiple industrial, economic, and service fields. It is a technology that works to raise the efficiency and effectiveness of workers and achieve There are several advantages to the decision-making process, especially the economic one, due to the multiple factors affecting it. The external macroenvironment and the internal environment may affect the quality and rationality of the decision according to profit and loss calculations and the jurisprudence of priorities.

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