Open Access Peer-reviewed Commentary

Digitalization of the economy: Social threats

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Submitted   Jul 3, 2022
Published   Aug 3, 2022
Issue    Vol 4 No 2 (2022)
DOI   10.25082/REE.2022.02.002

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Ashot A. Khachaturyan corresponding author
Russian Academy of National Economy and Public Administration under the President of Russia, Moscow 119571, Russia

Abstract

The article analyzes the hidden threats to society associated with the development of the digital economy. Shown are the main problems that digital can bring to social life and the fate of an individual worker. Chief among these concerns is that with the further digital transformation of the economy, more and more jobs could  threatened with extinction. The disappearance of old jobs this time will not accompanied by the emergence of new ones. A situation may arise when the workers released due to digitalization will become not only unemployed, but also generally inoperable. A global question arises - what to do with those, who do not work, and what to support them for?

Keywords
digital economy, creative economy, social threats, institutions of power and society, precariat

Article Details

How to Cite
Khachaturyan, A. A. (2022). Digitalization of the economy: Social threats. Resources and Environmental Economics, 4(2), 360-366. https://doi.org/10.25082/REE.2022.02.002
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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