Prof. Nikos E. Mastorakis
Technical University of Sofia, Sofia, Bulgaria

Title: Artificial Intelligence in Business and Economics

Abstract: Artificial Intelligence (AI) has emerged as a transformative force reshaping the landscape of business and economics. This lecture explores how AI-driven technologies (such as machine learning, natural language processing, predictive analytics, and autonomous systems) are revolutionizing decision-making, productivity, and innovation across industries. We will examine practical applications of AI in finance, marketing, supply chain management, and human resources, highlighting how data-driven insights enhance efficiency and competitiveness. Furthermore, the lecture will address the economic implications of AI adoption, including labor market transformations, productivity growth, and the challenges of inequality and regulation. Through real-world case studies and interactive discussion, participants will gain a comprehensive understanding of how AI is redefining business models and economic structures, preparing leaders and policymakers for an increasingly intelligent and automated future.

BIO: Professor Nikos E. Mastorakis was born on July 15, 1964, in Athens, Greece. He is a distinguished Greek academic and researcher in the fields of electrical and computer engineering, systems theory, and applied mathematics, known for his extensive scientific contributions, organizational leadership, and editorial activity in international research networks. He completed his Diploma, B.Sc., and M.Sc. in Electrical and Computer Engineering at the National Technical University of Athens (NTUA), where he graduated with honors, ranking first in his class and completing his studies a year earlier than standard. In 1992, he earned his Ph.D. in Electrical Engineering and Computer Science from NTUA with distinction. In addition to his engineering studies, he also obtained a B.Sc. in Mathematics from the National and Kapodistrian University of Athens, and for a period pursued studies at the Athens Medical School.

Professor Mastorakis has held multiple academic positions throughout his career. He is a Professor at the Hellenic Naval Academy (Military Institutions of University Education, Greece), where he has served since the mid-1990s, and a Professor at the Technical University of Sofia in Bulgaria. He has also been appointed Honorary or Visiting Professor at several universities across Europe, including the University of Obuda in Budapest, Technical University of Cluj-Napoca in Romania, University of Salerno in Italy, and has collaborated with the University of Exeter in the United Kingdom. His international recognition also includes honors from the Romanian Academy of Sciences. His research spans a wide spectrum of topics within engineering and applied mathematics. He has made significant contributions to systems theory, particularly in the area of multidimensional systems, their stability analysis, and design methods.

He has also worked extensively on multivariable polynomial factorization, signal processing, design of multidimensional filters, optimization theory, robotics, and computational intelligence. His innovative work often bridges theoretical mathematics with practical engineering applications, while he has also shown interdisciplinary interests in areas such as linguistics, philosophy of science, and cultural studies.

Professor Mastorakis is well known internationally as an organizer of academic conferences, editor-in-chief, and member of editorial boards of numerous scientific journals. He has served as a plenary speaker, chairman, and scientific committee member at many international conferences, playing a leading role in fostering collaboration between scientists worldwide. His academic achievements have earned him several international awards, including distinctions from the Romanian Academy of Sciences, and he has received honorary professorships in multiple foreign universities in recognition of his contributions to global research and education. Throughout his career, Professor Nikos E. Mastorakis has demonstrated a rare combination of scientific rigor, interdisciplinary breadth, and dedication to academic excellence, establishing himself as one of the most active and respected figures in contemporary European engineering and applied mathematics.