ECONOMIC DIPLOMACY IN THE AGE OF ARTIFICIAL INTELLIGENCE

Abstract

Objective. The article analyzes the impact of artificial intelligence (AI) on modern economic diplomacy, which is becoming a key factor in the global economy. The main objective is to explore the integration of AI into diplomatic processes, its influence on traditional approaches to interstate interaction, and the challenges arising from this technological breakthrough. The study aims to determine how AI-driven innovations enhance economic competitiveness, improve data analysis, facilitate the forecasting of international economic trends, and optimize negotiation strategies in global diplomacy. Methods. The research employs a multidisciplinary approach, combining qualitative and quantitative methods. A comparative analysis of AI implementation in economic diplomacy across major global players, including the USA, China, and the EU, is conducted. Case studies of AI-driven diplomatic initiatives are examined to assess their effectiveness and implications. Additionally, content analysis of policy documents, reports from international organizations, and academic literature provides a comprehensive understanding of AI’s transformative role. Results. The study identifies key trends in AI integration within economic diplomacy, highlighting its role in accelerating decision-making, predicting economic fluctuations, and mitigating international economic conflicts such as trade wars and sanctions. AI applications in data-driven policymaking, automated negotiation support, and economic risk assessment are examined. Furthermore, the research demonstrates how AI contributes to real-time monitoring of economic indicators and enhances the precision of strategic planning in foreign economic policy. Scientific novelty. The article provides a novel perspective on AI’s dual role as both an opportunity and a challenge for economic diplomacy. It introduces a systematic framework for understanding the implications of AI-driven automation in diplomatic negotiations and its potential impact on global economic stability. The study also explores the ethical concerns associated with AI in diplomacy, including algorithmic biases, privacy risks, and disparities in access to advanced technologies among nations. Practical significance. The findings underscore the necessity of international coordination in developing regulatory mechanisms for AI in economic diplomacy. Establishing ethical guidelines and governance frameworks will help mitigate risks while ensuring the equitable distribution of AI-driven economic benefits. The study highlights the importance of AI in fostering transparency, efficiency, and adaptability in diplomatic processes while stressing the need for responsible implementation. The article serves as a valuable resource for policymakers, diplomats, and international organizations seeking to harness AI’s potential while addressing its inherent challenges in economic diplomacy.