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Socio-economic and cultural effects of disruptive industrial technologies for sustainable development

Author

Listed:
  • Lina Sineviciene
  • Luc Hens
  • Oleksandr Kubatko
  • Leonid Melnyk
  • Iryna Dehtyarova
  • Svitlana Fedyna

Abstract

The size of the business intelligence market and its growth allows to estimate the short-term substitution effect, when the labour is replaced by artificial intelligence. Positive impacts of disruptive technologies include the dematerialisation of the industrial metabolism, and less ecological impact on nature, as prerequisites for the implementation of a circular economy. The negative consequences of disruptive technologies are difficult to predict, and the paper classifies them in eight groups: psychological impact; information vulnerability; increasing information dependence; the risk of creative potential reduction; the increasing cost of waste in the green economy; loss of jobs; privacy decrease; hacking and the loss of human control over cyber systems. The Internet of Things could not appear before the digital technologies (from a personal computer to 'cloud' technologies) reached industrial maturity. Also, societal, legislation and economic challenges raised by disruptive technologies for workers and firms are discussed.

Suggested Citation

  • Lina Sineviciene & Luc Hens & Oleksandr Kubatko & Leonid Melnyk & Iryna Dehtyarova & Svitlana Fedyna, 2021. "Socio-economic and cultural effects of disruptive industrial technologies for sustainable development," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 43(2/3), pages 284-305.
    • Handle: RePEc:ids:ijgeni:v:43:y:2021:i:2/3:p:284-305
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    Citations

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    Cited by:

    1. Iqbal, Shuja & Tian, Hongyun & Muneer, Saqib & Tripathi, Abhishek & Bani Ahmad, Ahmad Y.A., 2024. "Mineral resource rents, fintech technological innovation, digital transformation, and environmental quality in BRI countries: An insight using panel NL-ARDL," Resources Policy, Elsevier, vol. 93(C).
    2. Chauhan, Chetna & Parida, Vinit & Dhir, Amandeep, 2022. "Linking circular economy and digitalisation technologies: A systematic literature review of past achievements and future promises," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    3. Livio Cricelli & Serena Strazzullo, 2021. "The Economic Aspect of Digital Sustainability: A Systematic Review," Sustainability, MDPI, vol. 13(15), pages 1-15, July.
    4. Albérico Travassos Rosário & Paula Lopes & Filipe Sales Rosário, 2024. "Sustainability and the Circular Economy Business Development," Sustainability, MDPI, vol. 16(14), pages 1-24, July.
    5. Vitor Hugo dos Santos Filho & Luis Maurício Martins de Resende & Joseane Pontes, 2024. "Development of a Theoretical Model for Digital Risks Arising from the Implementation of Industry 4.0 (TMR-I4.0)," Future Internet, MDPI, vol. 16(6), pages 1-32, June.
    6. Alfred Benedikt Brendel & Friedrich Chasin & Milad Mirbabaie & Dennis M. Riehle & Christine Harnischmacher, 2022. "Review of Design-Oriented Green Information Systems Research," Sustainability, MDPI, vol. 14(8), pages 1-33, April.

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