Unemployment and Other Social Threats of the Digital Economy

This paper analyzes hidden threats to society associated with the development of the digital economy. The main problems that digital technologies can bring to social life and the fate of individual workers are shown. The main one of these problems is that further digital transformation of the econom...

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Published in:Studies on Russian economic development 2021-05, Vol.32 (3), p.297-304
Main Author: Khachaturyan, A. A.
Format: Article
Language:English
Subjects:
Digital economy
Economics
Economics and Finance
International Economics
Social Problems
Threats
Unemployment
Workers
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description This paper analyzes hidden threats to society associated with the development of the digital economy. The main problems that digital technologies can bring to social life and the fate of individual workers are shown. The main one of these problems is that further digital transformation of the economy can eliminate more and more jobs, which this time will not be accompanied by emergence of a comparable number of new vacancies. A situation may arise when the workers dismissed due to digitalization will become not only unemployed but also generally not necessary for social production. A global question arises – what to do with those who do not work, and how to support them?
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source ABI/INFORM global; Politics Collection; Springer Nature; PAIS Index; ProQuest Social Science Premium Collection
subjects Digital economy
Economics
Economics and Finance
International Economics
Social Problems
Threats
Unemployment
Workers
title Unemployment and Other Social Threats of the Digital Economy
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