The digital revolution and the accelerated advancement of artificial intelligence (AI) are transforming the fundamental dynamics of economic systems. This transformation creates new opportunities on a global scale, but also deep and complex inequalities. The ability to benefit more from the advantages of this transformation depends on the human factor, which has the ability to use and develop tools characterised as “intelligent”. The defining characteristics of intelligent economies include the utilisation of advanced technologies such as AI, automation and digitalisation. The most significant consequence of this transformation for humanity will be observed in the context of development disparities. The trajectory of development differences between developing economies striving to catch up with intelligent economies and underdeveloped countries that have been unable to participate in this race during this transformation period is a pivotal concern that will shape the global landscape in the future. However, historical evidence from world economic history indicates that countries tend to utilise their advantages for the protection and enhancement of their own interests, rather than for the development of disadvantaged countries. In other words, countries employ these instruments solely for their own benefit in order to safeguard and reinforce their advantages. Consequently, this approach can be identified as a significant contributing factor to the current inequalities observed in the global economy.
The Palandöken Economic Forum, with the theme of “An Equitable Future in a Smart World: Intelligent Economies and Global Inequality”, aims to establish a platform for debate on the potential impact of AI on global inequality. The forum will facilitate discussion on whether the transformation process created by AI will reduce inequalities or deepen existing inequalities. This objective encompasses the provision of a platform for the discussion of the transformation, not only from the perspective of intelligent economies and the countries striving to attain such status, but also from the vantage point of the global economy and the economies that are not engaged in this transformation. The Forum is scheduled to take place in Palandöken, Erzurum from 26-27 April 2025. It aspires to become a globally renowned economic event, convening prominent figures such as heads of state and government, ministers, diplomats, business professionals, academics, representatives of think tanks, youth, and media representatives to engage in discourse on a vast array of economic issues.