ABSTRACT:
In the modern scientific world, Artificial Intelligence (AI) and its widespread use are being broadly investigated. However, while some countries have already excelled in implementing AI in the business environment, others are in the stage of developing and learning the process. Hungary is one of the countries where AI is expected to have a bright future has also joined this process. The main goal of this research is to investigate the steps that are crucial in the implementation of AI-based models in the business. Furthermore, the Hungarian approach has been researched as a case study to give a better image of the governmental approach towards the new technology. The authors investigate the primary requirements of AI implementation in general, in line with the steps that take to the successful implementation. Moreover, the difficulties and criticism of the new technologies have been researched to see their relevance in the Hungarian case. The author has also learned about the economic effects of AI in Hungary, and the industries in the country that have already applied to use it. Furthermore, government incentives and efforts, together with current trends in the country have been presented to the reader.

Keywords: Artificial intelligence; computer; future perspectives; new technologies; Hungary

JEL Classification: O30, O31, O38, O52