Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia

This paper delves into the integration of artificial intelligence within Estonia’s education system, showcasing the country’s global reputation for digital innovation. Utilising the method of the case study and the method of document analysis, we explore not only the practical outcomes, challenges,...

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Main Authors: Gabriela Călinescu, Marcela Tanasciuc
Format: Article
Language:English
Published: Editura ASE Bucuresti 2023-12-01
Series:Romanian Economic Journal
Subjects:
Online Access:http://www.rejournal.eu/article/economic-perspectives-artificial-intelligence-and-digital-transformation-education-case
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author Gabriela Călinescu
Marcela Tanasciuc
author_facet Gabriela Călinescu
Marcela Tanasciuc
author_sort Gabriela Călinescu
collection DOAJ
description This paper delves into the integration of artificial intelligence within Estonia’s education system, showcasing the country’s global reputation for digital innovation. Utilising the method of the case study and the method of document analysis, we explore not only the practical outcomes, challenges, and strategies related to the adoption of artificial intelligence in the Estonian education system but also its economic implications. The research highlights artificial intelligence’s potential to lead to cost efficiencies and economic benefits for the education sector. Furthermore, we address the critical issue of fostering artificial intelligence literacy among students, schools, and universities, pinpointing data privacy and ethical considerations as key areas of concern. The strategies implemented by educational institutions to mitigate these challenges and promote a comprehensive understanding of artificial intelligence are also discussed. In conclusion, the paper underscores artificial intelligence’s transformative potential in reshaping education, offering guidance for other nations and academic entities aiming to successfully integrate artificial intelligence-based technologies. Emphasis is placed on the importance of a supportive policy framework and a solid ethical foundation to navigate the complexities of artificial intelligence adoption and ensure responsible use, while also considering the economic impact on the educational ecosystem and the labour market at large.
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spelling doaj.art-68732e92c67f483aabe2c94fbe5689072024-01-15T14:20:34ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562023-12-01XXVI86778710.24818/REJ/2023/86/04Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on EstoniaGabriela Călinescu0Marcela Tanasciuc1Bucharest University of Economic Studies, Bucharest, Romania; gabrielacalinescu07@gmail.comBucharest University of Economic Studies, Bucharest, Romania; tanasciucmarcela@gmail.comThis paper delves into the integration of artificial intelligence within Estonia’s education system, showcasing the country’s global reputation for digital innovation. Utilising the method of the case study and the method of document analysis, we explore not only the practical outcomes, challenges, and strategies related to the adoption of artificial intelligence in the Estonian education system but also its economic implications. The research highlights artificial intelligence’s potential to lead to cost efficiencies and economic benefits for the education sector. Furthermore, we address the critical issue of fostering artificial intelligence literacy among students, schools, and universities, pinpointing data privacy and ethical considerations as key areas of concern. The strategies implemented by educational institutions to mitigate these challenges and promote a comprehensive understanding of artificial intelligence are also discussed. In conclusion, the paper underscores artificial intelligence’s transformative potential in reshaping education, offering guidance for other nations and academic entities aiming to successfully integrate artificial intelligence-based technologies. Emphasis is placed on the importance of a supportive policy framework and a solid ethical foundation to navigate the complexities of artificial intelligence adoption and ensure responsible use, while also considering the economic impact on the educational ecosystem and the labour market at large.http://www.rejournal.eu/article/economic-perspectives-artificial-intelligence-and-digital-transformation-education-caseartificial intelligenceeducationeconomic impactestonia.
spellingShingle Gabriela Călinescu
Marcela Tanasciuc
Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia
Romanian Economic Journal
artificial intelligence
education
economic impact
estonia.
title Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia
title_full Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia
title_fullStr Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia
title_full_unstemmed Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia
title_short Economic Perspectives on Artificial Intelligence and the Digital Transformation of Education. A Case Study on Estonia
title_sort economic perspectives on artificial intelligence and the digital transformation of education a case study on estonia
topic artificial intelligence
education
economic impact
estonia.
url http://www.rejournal.eu/article/economic-perspectives-artificial-intelligence-and-digital-transformation-education-case
work_keys_str_mv AT gabrielacalinescu economicperspectivesonartificialintelligenceandthedigitaltransformationofeducationacasestudyonestonia
AT marcelatanasciuc economicperspectivesonartificialintelligenceandthedigitaltransformationofeducationacasestudyonestonia