УКР ENG

Search:


Email:  
Password:  

 REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Annotated catalogue (2025)

Thematic sections of the journal

Proceedings of scientific conferences


The Challenges and Advantages of Using Deepfakes in the Global Economy in the Era of Artificial Intelligence
Pobochenko L. M., Horobets O. H.

Pobochenko, Lesia M., and Horobets, Olha H. (2025) “The Challenges and Advantages of Using Deepfakes in the Global Economy in the Era of Artificial Intelligence.” Business Inform 2:171–180.
https://doi.org/10.32983/2222-4459-2025-2-171-180

Section: Information Technologies in the Economy

Article is written in Ukrainian
Downloads/views: 0

Download article (pdf) -

UDC 339,004.8

Abstract:
The research on deepfake technologies in the global economy in the era of artificial intelligence has allowed a generalization of the current state of their development, the identification of key advantages and risks associated with their use, and the proposal of new approaches to their classification and analysis. This article examines the phenomenon of the rapid development of deepfakes in the era of artificial intelligence. The aim of this scientific writing is to conduct a comprehensive analysis of deepfake technologies, their impact on economic, social, and business processes, as well as to identify the challenges and opportunities they create in the context of digital transformation. The current state of the creation and use of deepfakes worldwide has been analyzed. The relevance of the problem of deepfake usage and the influence of artificial intelligence development on their quality and quantity is substantiated. An own typology of deepfakes is proposed that better corresponds to modern realities. Thus, it is proposed to refer to deepfakes the generation of photos, videos, audio, and text. An analysis of the positive and negative ways of utilizing deepfake technologies has been conducted. Thus, deepfakes can be beneficially used in marketing, advertising, the film industry, education, and the gaming sector, which open new opportunities for businesses and content personalization. The harmful consequences are primarily associated with the use of deepfakes for the purposes of fraud, manipulation, and misinformation, which pose threats to the reputation of companies or countries, financial losses, and societal safety. Statistical data illustrating the rapid development of deepfakes in various fields, with a focus on high-profit industries, have been analyzed. The necessity of enhancing information hygiene, studying cutting-edge technologies, and strengthening the intellectual level of society for the effective recognition of deepfakes and preventing their negative consequences for both the population and businesses and countries is emphasized.

Keywords: deepfakes, artificial intelligence, business, innovation, technology, fraud, misinformation.

Fig.: 2. Tabl.: 3. Bibl.: 17.

Pobochenko Lesia M. – Candidate of Sciences (Economics), Associate Professor, Head of the Department, Department of International Economic Relations, Business and Tourism, State University «Kyiv Aviation Institute» (1 Lubomyra Husara Ave., Kyiv, 03680, Ukraine)
Email: [email protected]
Horobets Olha H. – Postgraduate Student, Department of International Economic Relations, Business and Tourism, State University «Kyiv Aviation Institute» (1 Lubomyra Husara Ave., Kyiv, 03680, Ukraine)
Email: [email protected]

List of references in article

“The Rise of Deepfake Marketing - What Are the Cons and Pros?“ BrandVM. November 22, 2024. https://www.brandvm.com/post/deepfake-marketing
Sarkar, S. “Rogue One filmmakers explain how they digitally recreated two characters“. Polygon. December 27, 2016. https://www.polygon.com/2016/12/27/14092060/rogue-one-star-wars-grand-moff-tarkin-princess-leia
Milenkovic, A. “The Positive Impact of Deepfakes“. BlueGridio. August 13, 2024. https://bluegrid.io/blog/the-positive-impact-of-deepfakes/
Butts, D. “Deepfake scams have robbed companies of millions. Experts warn it could get worse“. CNBC. May 27, 2024. https://www.cnbc.com/2024/05/28/deepfake-scams-have-looted-millions-experts-warn-it-could-get-worse.html
Jacobson, N. “Deepfakes and Their Impact on Society“. OpenFox. February 26, 2024. https://www.openfox.com/deepfakes-and-their-impact-on-society/
“What is Deepfake, Its Losses, and How to Secure Data from Deepfake Attacks“. VIDA. April 05, 2024. https://vida.id/en/blog/what-is-deepfake-its-losses-and-how-to-secure-data-from-deepfake-attacks
Kshetri, N. “The Economics of Deepfakes“. IEEE Computer Society, vol. 56 (2023): 89-94. DOI: 10.1109/MC.2023.3276068
Chen, H., and Magramo, K. “Finance worker pays out $25 million after video call with deepfake 'chief financial officer'“. CNN. February 4, 2024. https://edition.cnn.com/2024/02/04/asia/deepfake-cfo-scam-hong-kong-intl-hnk/
Mustak, M. et al. “Deepfakes: Deceptions, mitigations, and opportunities“. Journal of Business Research, vol. 154 (2023). DOI: https://doi.org/10.1016/j.jbusres.2022.113368
Gamage, D. “Are Deepfakes Concerning? Analyzing Conversations of Deepfakes on Reddit and Exploring Societal Implications“. CHI '22: Proceedings of the 2022 CHI Conference on Human Factors in Computing Systems. DOI: https://doi.org/10.1145/3491102.3517446
“The Global Risks Report 2024“. World Economic Forum. https://www3.weforum.org/docs/WEF_The_Global_Risks_Report_2024.pdf
“Deepfake Cases Surge in Countries Holding 2024 Elections, Sumsub Research Shows“. Sumsub. https://sumsub.com/newsroom/deepfake-cases-surge-in-countries-holding-2024-elections-sumsub-research-shows/
Simonchik, K. “Deepfakes in 2024 - a Summary of Trends in KYC“. LinkedIn. January 16, 2024. https://www.linkedin.com/pulse/deepfakes-2024-summary-trends-kyc-konstantin-simonchik-s25ae
Chipeta, C. “Deepfake statistics (2024): 25 new facts for CFOs“. Eftsure. July 12, 2024. https://eftsure.com/statistics/deepfake-statistics/#source-wrapper
Zandt, F. “How Dangerous are Deepfakes and Other AI-Powered Fraud?“ statista. March 13, 2024. https://www.statista.com/chart/31901/countries-per-region-with-biggest-increases-in-deepfake-specific-fraud-cases/
“Sumsub Research: Global Deepfake Incidents Surge Tenfold from 2022 to 2023“. Sumsub. https://sumsub.com/newsroom/sumsub-research-global-deepfake-incidents-surge-tenfold-from-2022-to-2023/
Lalchand, S. et al. “Generative AI is expected to magnify the risk of deepfakes and other fraud in banking“. Deloitte. May 29, 2024. https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-predictions/2024/deepfake-banking-fraud-risk-on-the-rise.html

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences


 OUR PARTNERS


Journal «The Problems of Economy»

  © Business Inform, 1992 - 2025 The site and its metadata are licensed under CC BY-SA. Write to webmaster