AI Revolution: Digital Transformation and Evidence from Armenia

Description

Artificial intelligence is reshaping economies, institutions, businesses, and societies, creating new opportunities for productivity, innovation, and sustainable development while introducing significant technological, ethical, and regulatory challenges. This book examines the role of AI in digital transformation, with particular attention to the emerging experience of Armenia. It combines theoretical perspectives on AI-driven economic transformation with sectoral evidence from finance and banking, public administration, education, healthcare, business, industry, and entrepreneurship. The book explores AI trends and digital ecosystems while examining Armenia’s opportunities and constraints in adopting AI technologies. Particular attention is given to governance, innovation, digital competitiveness, ethical considerations, and the development of human capital. Based on academic literature, empirical evidence, and the Armenian context, the book proposes strategic pathways for strengthening an AI-driven and sustainable economy. It is intended to contribute to the growing academic and policy literature on AI, digital transformation, and the economic development of emerging economies.