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The Rise of Unemployment in the Cyber Economy

In: The Cyber Economy

Author

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  • Vladimir S. Osipov

    (MGIMO University)

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.

Suggested Citation

  • Vladimir S. Osipov, 2019. "The Rise of Unemployment in the Cyber Economy," Contributions to Economics, in: Vladimir M. Filippov & Alexander A. Chursin & Julia V. Ragulina & Elena G. Popkova (ed.), The Cyber Economy, pages 105-116, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-31566-5_11
    DOI: 10.1007/978-3-030-31566-5_11
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    Cited by:

    1. Wei Zhang & Hao Zhou & Jie Chen & Zifu Fan, 2022. "An Empirical Analysis of the Impact of Digital Economy on Manufacturing Green and Low-Carbon Transformation under the Dual-Carbon Background in China," IJERPH, MDPI, vol. 19(20), pages 1-22, October.

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