Circular economy and AI empowerment in social entrepreneurship: a path to sustainability
DOI:
https://doi.org/10.46299/j.isjmef.20240303.04Keywords:
circular economy, artificial intelligence, social entrepreneurship, sustainable development, innovationAbstract
In this paper, the author investigates the interconnectedness of the circular economy, artificial intelligence (AI), and social entrepreneurship in the pursuit of sustainable development. The study delves into the potential of these approaches to minimize waste, enhance resource efficiency, and foster socially responsible businesses. Emphasis is placed on the transformative role of AI in optimizing circular economy processes and advancing the growth of social enterprises. The paper underscores both the advantages and challenges associated with integrating these technologies, highlighting their capacity to significantly boost economic and social outcomes. Through a comprehensive analysis, the author illustrates how AI can streamline operations within the circular economy, leading to more effective resource utilization and waste reduction. Additionally, the research explores how social entrepreneurship can drive innovation and societal change by adopting circular economy principles. By combining these elements, the paper presents a compelling argument for the synergistic impact of AI and social entrepreneurship on sustainable development. The findings suggest that leveraging AI in conjunction with circular economy practices can lead to more resilient and adaptable business models, ultimately contributing to the betterment of society. This study provides valuable insights into the potential of merging technological advancements with socially conscious business strategies to achieve long-term sustainability.References
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Copyright (c) 2024 Kateryna Redko
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