INFORMATION TECHNOLOGY IN ALL AREAS OF THE ECONOMY
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Key words: information technology, information security, banking system, computer, technology, artificial intelligence.##article.abstract##
This paper explores the economic impact of digital technologies and automation, which have become integral to modern business practices. These advancements significantly enhance productivity, efficiency, and innovation, enabling companies to optimize operations and improve customer engagement. However, the rise of automation also presents challenges, including potential job displacement and the need for workforce reskilling. Moreover, digital technologies promote sustainable practices by improving resource utilization and reducing environmental impacts. This analysis emphasizes the dual nature of these changes—offering substantial opportunities for growth while necessitating strategic approaches to address social and economic implications. Ultimately, understanding the interplay between digital transformation and economic development is essential for fostering sustainable and inclusive growth in an increasingly interconnected world.
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