Online ISSN 2286-0266
Print ISSN 1223-0685
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti

The “high priests” of innovation would have us believe that Artificial Intelligence is destined to become part of our “daily bread” – with all the biblical gravitas and pragmatic inevitability such a phrase implies – in the dawning age of Industry 4.0. Some eagerly pile anything onto their proverbial sandwich, embracing each new technological marvel with unblinking zeal as long as it promises returns; others recoil instinctively, unsettled by AI’s creeping presence. As always, the blessings and dangers of new technologies – AI currently reigning as their crown prince, with biotechnology, nanorobotics, blockchain cryptography, and quantum computing as some sort of a camarilla – are distributed unequally. From a class-clash perspective, it is the well-positioned elite who reap the gains, while the working majority are left navigating the risks. Between firms, those led by visionary and adaptive leaders will harness AI to their advantage, outpacing the more rigid or reluctant one. Within companies, AI serves as a prosthesis for underperforming or less skilled workers, narrowing productivity gaps. Yet whether it will eventually render the former obsolete – the so-called “useless class,” as Yuval Noah Harari provocatively puts it – or displace the competent but undervalued, in a grim echo of “Gresham’s Law”, this remains one open question. In the meantime, scholars toil – tirelessly parting, over-theorizing, and second-guessing a future possibly hidden in plain sight.


ŒCONOMICA nr. 3-4/2024
KEEP YOUR AI ON THE BALL [AI CARTE, AI PARTE]
Mirel-Gheorghe BERECHET
Academia Română
Miruna-Mihaela MIREA
Academia Română
Andreea-Raluca NEDELCU
Academia Română
Following formal education, access to knowledge through LIS methods emerges as one of the most effective and sustainable pathways to cultural development, fostering intellectual autonomy and supporting lifelong learning. The automation and optimization of library information services involves the extensive integration of Artificial Intelligence at the user-librarian interface.

ŒCONOMICA no. 3-4/2024
Keywords: information, knowledge, Artificial Intelligence, information market, price of information
JEL: D83, L86, O33
AI in Library and Information Science (LIS): Issues, Implications and Innovations
Gabriela-Mariana IONESCU
Academia Română
The distribution of economic products in society depends on two factors: the application of economic rationality and a thorough understanding of the normative dimensions of social justice. This paper explores the interactions between complexity, sustainability, and diversity within the concept of social justice, highlighting how these concepts influence one another.

ŒCONOMICA no. 3-4/2024
Keywords: complexity, sustainability, social justice, distributive justice, economic product
JEL: A13, E00, O11
Interrelated Dimensions of Social Justice: Complexity, Sustainability and Diversity
Graţiela-Denisa IORDACHE
Academia Română
The current global economic and political context poses numerous threats to the viability of the European Union. Analytical tools are thus required to better understand the internal and external factors that affect the EU’s institutional structure. The Viable System Model offers a cybernetic framework for analysing the organizational structure and long-term sustainability of complex systems.

ŒCONOMICA no. 3-4/2024
Keywords: cybernetics, systems, viability, viable system model, European Union
JEL: E02, O21, R13, R15
The Viable System Model of the European Union
Simona-Ionela PETCUŢ
Academia Română
This paper explores the concept of antifragility as applied to institutional systems, starting from the logical premises that underpin their capacity to evolve and strengthen under conditions of uncertainty, stress, and external shocks. Unlike resilience or robustness, antifragility implies a higher degree of adaptability and functional regeneration, requiring flexible institutional architectures.

ŒCONOMICA no. 3-4/2024
Keywords: antifragility, resilience, institutional architecture, risk, governance
JEL: A14, E60, F62
Logical Foundations and Normative Implications of the Antifragile Institutions
Nicolas-Costinel NEGREA
Academia de Studii Economice din Bucureşti
This paper examines the negative impact of Romania’s welfare state on economic policy, arguing that it fosters dependency and distorts market signals. Pension systems – designed to ensure social security – now face increasing challenges due to demographic changes and structural inefficiencies. The article proposes a shift toward free market principles.

ŒCONOMICA no. 3-4/2024
Keywords: interventionism, fiscal sustainability, demographic change, market distortions
JEL: H75, J32, P16
Challenges of the Contemporary Pension System. The Case of Romania
Andreea-Raisa ȚĂRÎNĂ
Academia de Studii Economice din Bucureşti
In a new, ever-changing world, where liberal principles have given fresh wings to European society and inspired generations raised under the former Soviet Union, a political leader from Eastern Europe challenges the current international order and interprets progress as social decadence. President Vladimir Putin has positioned himself in opposition to Western values and declared war on them.

ŒCONOMICA no. 3-4/2024
Book Review: Putin împotriva Occidentului. Războiul din Ucraina şi noua dezordine mondială, Iaşi, Editura Polirom, 2024