scholarly journals The digital economy and society: a preliminary commentary

2018 ◽  
Vol 14 (1) ◽  
Author(s):  
Peter Gluckman

Virtually all technologies that humans have invented or will invent present both benefits and risks. The history of humankind is that of invention, development and exploitation of technologies while managing their downsides. However, it is the speed, scope and pervasiveness of digital technological change across virtually every aspect of human endeavour that generate an enormous array of possible implications. Such characteristics undoubtedly set the digital revolution (sometimes called the fourth industrial revolution) apart from past technological revolutions in the way they challenge aspects of human behaviour and social institutions.

Author(s):  
Maria Igorevna Korzina

The paper provides a philosophical analysis of the transformation processes of visual communications in the framework of such a hypothetical phenome-non as the fourth industrial revolution. In the condi-tions of the digital revolution, visual communication gets an incentive to develop, acquires new proper-ties in the new conditions of development of post-industrial and digital society. As a scientific disci-pline, visual communication is at the stage of full-scale development and search for interdisciplinary connections. The author examines the history of visual communications from the Ancient world to the present, identifies their main features at the pre-sent stage of development, and analyzes the exam-ple of virtualization of a Museum exhibition because of modern transformation of the communication environment.


2021 ◽  
Vol 258 ◽  
pp. 07055
Author(s):  
Anna Kurochkina ◽  
Yuliya Semenova ◽  
Olga Lukina ◽  
Anna Karmanova

The article is devoted to the process of digitalization taking place in Russia in the context of the industrial revolution 4.0. The purpose of the article is to consider the process of introducing digital technologies as drivers of the reorganization of the entire way of life of Russian society, the disclosure of the concept of “digital totalitarianism". The process of digitalization affected not only all spheres of the economy, but also significantly affected the development of social institutions and the individual as a participant in this process. To achieve this goal, it is necessary to perform the following tasks: to determine the process of digitalization, to study state projects for digitalization in Russia – “Digital Economy of Russia until 2024”, “Education 2030”, to study the degree of involvement of Russian consumer and business communities in the use of digital platforms; to determine the consequences of the inevitable digital revolution, and what is the role of the state in them. The object of the study is the process of digitalization of the economy and its impact on human activity. The subject of the research is the specific features of the digitalization process that determine the future prospects of interaction between humans and artificial intelligence (neural networks and cybersystems). The hypothesis of the study: total digital transformation in Russia is the only possible scenario for the development and formation of a completely ” new “state based on the” digital economy”, ensuring competitiveness in the global market and improving all spheres of Russian life. The article examines the data on the current level of development of digital technologies in Russia and in the world, identifies the main trends and the most important problems of the development and impact of digital technologies on people.


2019 ◽  
Vol 118 (11) ◽  
pp. 533-541
Author(s):  
Dr. Premila Koppalakrishnan

The world stands on the precarious edge of an innovative transformation that will on a very basic level modify the manner in which we live, work, and identify with each other. In its scale, degree, and unpredictability, the change will be not normal for anything mankind has encountered previously. We don't yet know exactly how it will unfurl, however one thing is clear: the reaction to it should be incorporated and exhaustive, including all partners of the worldwide nation, from the general population and private segments to the scholarly community and common society. It is The Fourth Industrial Revolution, the digital revolution. The digital revolution has opened way for many impacts. All of the emirates are experiencing the effects of the “Fourth Industrial Revolution.” This revolution reflects the velocity, scope, and systems impact of a digital transformation that is changing economies, jobs, and work as it is currently known. Characteristics of the revolution include a fusion of technologies across the physical, digital, and biological spheres.


2021 ◽  
Vol 13 (23) ◽  
pp. 13052
Author(s):  
Marco Bellandi ◽  
Lisa De Propris

The paper is positioned in the emerging debate on the technological change brought about by the Fourth Industrial Revolution, often referred to as Industry 4.0. Our analysis is at the local, sub-national level. The aim is to explore what drivers and barriers local productive systems might face when seeking to embark on transitions that reconcile smart, equitable, and sustainable priorities, under enhanced models called Industry 4.0+. The novelty of the paper is to develop such models by designing a conceptual framework that juxtaposes the drivers and the barriers of sustainability transitions with local productive systems. This novel framework suggests possible pathways that local productive systems can initiate to achieve more equitable and green outcomes for their economy and society by directing the development of digital-related solutions.


Author(s):  
Yelyzaveta Snitko ◽  
Yevheniia Zavhorodnia

The development of a modern economy, in the context of the fourth industrial revolution, is impossible without the accumulation and development of human capital, since the foundation of the transformation of the economic system in an innovative economy is human capital. In this regard, the level of development and the efficiency of using human capital are of paramount importance. This article attempts to assess the role of human capital in the fourth industrial revolution. In the future, human talent will play a much more important role in the production process than capital. However, it will also lead to a greater division of the labor market with a growing gap between low-paid and high-paid jobs, and will contribute to an increase in social tensions. Already today, there is an increase in demand for highly skilled workers, especially in high-income countries, with a decrease in demand for workers with lower skills and lower levels of education. Analysis of labor market trends suggests that the future labor market is a market where there is simultaneously a certain demand for both higher and lower skills and abilities, combined with the devastation of the middle tier. The fourth industrial revolution relies heavily on the concept of human capital and the importance of finding complementarity between human and technology. In assessing the impact of the fourth industrial revolution, the relationship between technology, economic growth and human resources was examined. The analysis was carried out in terms of three concepts of economic growth, technological change and human capital. Human capital contributes to the advancement of new technologies, which makes the concept of human capital an essential factor in technological change. The authors emphasize that the modern economy makes new demands on workers; therefore it is necessary to constantly accumulate human capital, develop it through continuous learning, which will allow the domestic economy to enter the trajectory of sustainable economic growth. The need to create conditions for a comprehensive increase in the level of human capital development is noted.


After the analysis of evolutionary institutional changes, the fourth chapter will define revolutionary transformations. Revolutions, conceptualized as abrupt processes of social transformation, follow specific life-cycle and result from two main reasons: lack of efficiency and social justice. The chapter is structured as follows. In the first part, the author will provide a general overview of revolutions and revolutionary processes, discussing in detail its main classifications, characteristics and causes, leading actors, overall phases, and outcomes. The second part will outline different revolutionary processes, zooming on scientific revolutions, technology revolutions, and industrial revolutions. There, industrial revolutions and its main elements are investigated in detail, showing how technological innovations lead to dramatic changes of the social reality. By comparing characteristics of the first, second, and third industrial revolutions, there is proposed a model defining the elements of the Fourth Industrial Revolution. Finally, there is discussed a model outlining how of industrial revolutions can change and transform the social institutions.


Author(s):  
Theunis Gert Pelser ◽  
Garth Gaffley

What the internet with its connectivity did to facilitate the third industrial revolution, cloud computing and artificial intelligence have done for the fourth industrial revolution. Technology is changing the world at an alarming rate, which includes products and services that require scale to manage the growing demands of an ever-changing and increasing population. Digital transformation is enabled through cloud technology where human comprehension cannot cope with the size and speed of data required to manage a business in the digital economy. Artificial intelligence and machine learning assist in activities to overcome human limitation, using algorithms to develop predictive and simulation models and scale to provide data for decision making. The technologies employed to run and execute these require skill and resource. The challenge for the modern-day CEO is that the use of technology and its demand in the digital economy of the Fourth Industrial Revolution is not fully understood by them due to their digital skill level and managing the generational skill sets in their structure.


Author(s):  
Adeyinka Tella ◽  
Oluwakemi Titilola Olaniyi ◽  
Aderinola Ololade Dunmade

The chapter looked at records management in the fourth industrial revolution (4IR) with the challenges and the way forward. The chapter discussed the industrial revolutions, records management, and the fourth industrial revolution (4IR), and described the advancement in records management in the 4IR based on the 4IR tools and technologies including artificial intelligence, blockchain, internet of things (IoT), robotics, and big data. The chapter also identified and discussed the benefits of technological advancement in the management of records; challenges of records management at the wake of 4IR and charted the way forward. In the context of document and records management, and taking into account all characteristics of the 4IR technologies and tools as well as its underlying technologies and concepts, the chapter concluded that the 4IR tools can be used to save time to create and process records, secure records from being damaged or destroyed, confirm the integrity of records, among others.


Micromachines ◽  
2019 ◽  
Vol 10 (10) ◽  
pp. 633
Author(s):  
Richard G. Trohman ◽  
Henry D. Huang ◽  
Parikshit S. Sharma

The Fourth Industrial Revolution, characterized by an unprecedented fusion of technologies that is blurring the lines between the physical, digital, and biological spheres, continues the trend to manufacture ever smaller mechanical, optical and electronic products and devices. In this manuscript, we outline the way cardiac implantable electronic devices (CIEDs) have evolved into remarkably smaller units with greatly enhanced applicability and capabilities.


wisdom ◽  
2020 ◽  
Vol 16 (3) ◽  
pp. 215-226
Author(s):  
Asha Sara MAMMEN

Literature spanning from the time of the third and fourth industrial revolution mentions how modernity has, in many ways, made circumstances profoundly better for humanity than what used to be in the historic and ancient worlds. Nevertheless, extant literature also speaks of how the manifested benefits of modernity inculcated ills that stand in the way of humanity being humane and of exercising human personhood. This article puts forth a consoling and a divine virtue - wisdom and wisdom philosophy - thoughts based on wisdom to bridge the gap between getting progressive and being humane. Curiosity thereby wisdom; starts with wonder, as resonated in child and man - whereby aiming to be inculcated and embedded, at a stage, when one is mostly trainable and adaptable lies the objective of this essay - to reignite one’s mind to the philosophical values of influential thinkers, explore of its existence, relevance and its purpose for modern humanity. A qualitative methodology was employed to gather information supplemented by knowledge from archived literature. This scholarly piece of writing discusses an approach using as an analogy - the fulcrum, load and effort mechanism to embed wisdom based philosophy thoughts and practices in educational policies for the stakeholders of knowledge.


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