13. Economic Sustainability Potentiated by Artificial Intelligence: Transformative Impacts of Intelligent Participatory Budgeting on Policy, Digital Inclusion, and the Economy

Intelligent Participatory Budgeting (i-PB) is an innovative approach integrating artificial intelligence (AI) technologies to enhance citizen participation in formulating and managing public budgets. This chapter explores the cross-cutting impact of AI on i-PB, addressing its interface with the economy, sustainable digital inclusion, and the necessary policies and regulations. The implementation of i-PB allows for an in-depth analysis of economic data, promoting more informed and efficient decisions in resource allocation. Additionally, using AI digital tools facilitates the inclusion of a broader diversity of citizens in the participatory process, ensuring that previously marginalized voices are heard and considered. The chapter also discusses the political and regulatory implications, emphasizing the need for a legal framework that supports transparency and accountability in using AI in the i-PB. By holistically integrating these technologies, i-PB improves efficiency and equity in public resource management and strengthens citizens’ trust in the government, promoting a more sustainable and inclusive economy. This study provides a comprehensive overview of the opportunities and challenges in implementing i-PB, highlighting its transformative potential for modern economies.