Artificial Intelligence and Economic Transformation
This edited volume brings together leading experts to examine how artificial intelligence is transforming economic activity across industries, professions, and organizational functions. Contributors analyze how AI reshapes productivity, decision‑making, and business models through automation, predictive analytics, and other data‑driven processes. The book highlights practical applications of AI in different business sectors such as marketing, human resources, auditing, and forensic accounting, while addressing industry‑specific risks and ethical considerations. It also explores how AI alters managerial roles and the future of work, emphasizing the relationship between human judgment and machine intelligence. Drawing on interdisciplinary perspectives and real‑world examples, the volume offers a balanced assessment of AI’s opportunities and challenges, providing readers with a guide to navigating AI’s growing impact on work.
Izhar Haq is the Director of the School of Professional Accountancy at Long Island University (Brookeville, USA) and was formerly the Deputy Controller at Florida International University (Miami, USA). He has over twenty years of accounting experience in senior positions in multinational corporations, governmental and not-for profit entities. Currently, Dr. Haq consults for firms in the oil and gas industry, as well as start-up incubators in New York. His publications have appeared in the CPA Journal, Journal of Finance and Accounting, and Tennessee CPA Journal.
Michael Abatemarco is a Certified Public Accountant and Attorney who specializes in the areas of real estate, taxation, and small business counseling. He is a full-time tenured Professor at the Post Campus of Long Island University, where he has taught courses in taxation, law and accounting at the undergraduate and graduate levels. His work has been published in scholarly journals such as CPA Journal, Estates and Trusts Journal, and California CPA Journal.
Panos Mourdoukoutas is a Professor of Economics at the College of Management of Long Island University, Post. He also teaches Security Analysis in the Enterprise Risk Management Program at Columbia University. He’s the author of several books including The Seven Principles of WOM and Buzz Marketing (Springer, 2010), Intelligent Investing in Irrational Markets (Palgrave Macmillan, 2013, 2025) and The Ten Golden Rules of Leadership (HarperCollins, 2014). His articles have appeared in Forbes, Barron’s, and New York Times, among others.