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The Cyber Economy as an Outcome of Digital Modernization Based on the Breakthrough Technologies of Industry 4.0 Read chapter Read first chapter

2019 | OriginalPaper | Chapter

The Rise of Unemployment in the Cyber Economy

Author : Vladimir S. Osipov

Published in: The Cyber Economy

Publisher: Springer International Publishing

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Abstract

The goal of this chapter is to assess the impact of the transition to a digital economy on the labor force. To achieve this goal, the methods of analysis, synthesis, comparison, and statistic modeling have been used. Digital technologies are becoming increasingly ubiquitous and while raising labor efficiency, there are negative impacts on workers who lose employment. How to solve the problem of a redundant workforce is a critical issue as there is no strategy for this adaptation. Active and passive measures to combat technological unemployment, proposed by scientists and politicians, are ineffective and cannot realistically provide a livelihood for the huge number of workers released. Therefore, the question of the displacement of living objects by IT objects remains open. The results obtained in the course of this study can be used in further studies on structural (technological) unemployment and the problems of the labor market in the cyber economy.

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previous chapter Perspectives on the Potential Application of Intelligent Machines in the Cyber Economy
next chapter Machine Learning and Artificial Intelligence: The Basis of Intelligent Machines in the Cyber Economy
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Metadata
Title
The Rise of Unemployment in the Cyber Economy
Author
Vladimir S. Osipov
Copyright Year
2019
Publisher
Springer International Publishing
Book
The Cyber Economy

Print ISBN: 978-3-030-31565-8

Electronic ISBN: 978-3-030-31566-5

Copyright Year: 2019

DOI
https://doi.org/10.1007/978-3-030-31566-5_11

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