THE IMPACT OF ARTIFICIAL AND COGNITIVE INTELLIGENCE ON ROMANIAN PUBLIC PROCUREMENT

Violeta SIMIONESCU, Technical University of Civil Engineering Bucharest

Abstract:
This conceptual paper discusses the Romanian Public Procurement System in the context of the World Economic Forum (Davos, 2016) addressed trends. The paper addresses trends impacting public procurement in the context of artificial and cognitive intelligence and advances the hypothesis of a new age for public procurement. The paper is discussing possible impacts of the fourth industrial revolution on public procurement. The environment used to contextualize the information is Romania. The paper ends with arguments supporting a proposal for a new perspective on the Romanian public procurement system: that of a social system instead of a mechanistic one.

Keywords: Artificial Intelligence Public Procurement Social System

JEL Classification: H57

Volume: 68, Issue: 6

Pages: 142 - 155

Publication date: December, 2016

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/68612simionescu.pdf

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