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Journal section "Science, technology and innovation studies"

Global Megatrends and New Technologies: Challenges for and Threats to the Post-Industrial Economy

Ekimova N.A.

Volume 14, Issue 5, 2021

Ekimova N.А. Global megatrends and new technologies: Challenges for and threats to the post-industrial economy. Economic and Social Changes: Facts, Trends, Forecast, 2021, vol. 14, no. 5, pp. 116–134. DOI: 10.15838/esc.2021.5.77.7

DOI: 10.15838/esc.2021.5.77.7

Abstract   |   Authors   |   References
The paper considers the influence of megatrends, currently acting as drivers of changes taking place in society, on the structure of the emerging economy of post-industrial society. Under their influence, a new economy is formed, focused on the use of such a resource as time, the amount of which, available to people, is increasing as robotomics develops. The research is based on the study of five global trends in the development of modern society: demographic transformations; natural resources depletion and climate change; changing geo-economic and geopolitical landscapes; digitalization and development of new technologies; comprehensive human welfare: wealth, health and knowledge. The article proves that these trends seriously challenge the future of humanity and fundamentally change the structure of the economy and employment. The response to the megatrends challenges is the formation of new directions in the economic structure that help to respond to them and deal with their negative implications. We establish that megatrends have contributed to the development of such areas as silver economy, circular economy, robotomics, peer-to-peer economy, and laid the foundation of a spiritual and moral economy and leisure economy. The work concludes that there are prerequisites in society for the transition to the economy, in which social effects will prevail over economic ones. High level of technology development and digitalization help to make such a transition to an “economics with a human face”. The formulated principles of adaptation to the emerging economy enable countries to develop a transition strategy with minimal social and economic costs. The novelty of the research consists in comparing megatrends with changes occurring in the structure of the economy and the labor market, as well as in substantiating social orientation of the post-industrial economy, which is formed under the influence of global trends in social development

Keywords

circular economy, leisure economy, megatrends, silver economy, peer-to-peer economy, robotomics

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