The Significance of Internal Control in Business Management and the Application of Advanced AI in the AGI, ASI, and UBI Eras

This paper investigates the crucial role of internal control (IC) in business management and explores how advanced artificial intelligence (AI) technologies, such as Artificial General Intelligence (AGI), Artificial Super Intelligence (ASI), and systems related to Universal Basic Income (UBI), can enhance IC mechanisms. IC is vital for ensuring operational efficiency, risk management, compliance, and governance effectiveness inenterprises. The COSO framework provides a structured approach to achieving theseobjectives through its five components. AI technologies, particularly machine learning,natural language processing, and robotic process automation, offer significant potential toautomate routine tasks, provide enhanced decision support, and enable real-timemonitoring and alerts in IC systems. Practical case studies demonstrate AI’s impact onimproving inventory management, fraud detection, and employee performance evaluation.However, challenges such as data quality, skill shortages, and ethical issues must beaddressed. The integration of AI with other technologies like blockchain and IoT, alongwith the development of global standards, will shape the future of IC. This paper calls forfurther research and implementation of AI in IC to drive operational excellence andsustainable growth.