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Unemployment and Other Social Threats of the Digital Economy

Author

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  • A. A. Khachaturyan

    (International Research Institute of Management Problems)

Abstract

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?

Suggested Citation

  • A. A. Khachaturyan, 2021. "Unemployment and Other Social Threats of the Digital Economy," Studies on Russian Economic Development, Springer, vol. 32(3), pages 297-304, May.
    • Handle: RePEc:spr:sorede:v:32:y:2021:i:3:d:10.1134_s1075700721030151
    DOI: 10.1134/S1075700721030151
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