Achievements and Consequences of the Fourth Industrial Revolution

The article deals with effects of achievements and consequences of the fourth industrial revolution. The author shows history of agrarian and industrial revolutions and demonstrates specific features of the 4th industrial revolution in comparison with the previous ones, reveals preconditions of its...

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Autor principal:	A. V. Butov
Formato:	article
Lenguaje:	RU
Publicado:	Plekhanov Russian University of Economics 2019
Materias:	agrarian revolution industrial revolution digital technologies robots 3-d equipment Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/bbbed5897c044211bd84e122239175aa
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spelling	oai:doaj.org-article:bbbed5897c044211bd84e122239175aa2021-11-15T05:20:48ZAchievements and Consequences of the Fourth Industrial Revolution2413-28292587-925110.21686/2413-2829-2019-4-17-22https://doaj.org/article/bbbed5897c044211bd84e122239175aa2019-08-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/733https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article deals with effects of achievements and consequences of the fourth industrial revolution. The author shows history of agrarian and industrial revolutions and demonstrates specific features of the 4th industrial revolution in comparison with the previous ones, reveals preconditions of its arising and scales of the revolution reforms and discusses its outcomes and consequences affecting all fields of society life. The 4th industrial revolution drastically changes the world and provides unlimited opportunities for the development of states, companies and individuals. However, consequences of introducing its achievements look dubious: they can cause both a drop in prices on goods and services, a growth in consumption, mobility and information degree of people, a reduction in costs and increase in labour productivity in commercial enterprises and state-owned structures and a cut in personnel demand, falling incomes, social guarantees and deterioration of working conditions, a drop in social programs, rising inequality, withdrawal of capital to off-shore zones, growing credit burden of the population, companies and states and the general decrease in economic growth rate. It leads to the necessity to develop state programs aimed at control over the development of the 4th industrial revolution, support of innovation enterprises, cut in taxes, reduction in uncertainty in economy and rise in legal support of business, as well as elimination of destructive effects of digitalization in economy and protection of the poorest layer of the population.A. V. ButovPlekhanov Russian University of Economicsarticleagrarian revolutionindustrial revolutiondigital technologiesrobots3-d equipmentEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 4, Pp 17-22 (2019)
institution	DOAJ
collection	DOAJ
language	RU
topic	agrarian revolution industrial revolution digital technologies robots 3-d equipment Economics as a science HB71-74
spellingShingle	agrarian revolution industrial revolution digital technologies robots 3-d equipment Economics as a science HB71-74 A. V. Butov Achievements and Consequences of the Fourth Industrial Revolution
description	The article deals with effects of achievements and consequences of the fourth industrial revolution. The author shows history of agrarian and industrial revolutions and demonstrates specific features of the 4th industrial revolution in comparison with the previous ones, reveals preconditions of its arising and scales of the revolution reforms and discusses its outcomes and consequences affecting all fields of society life. The 4th industrial revolution drastically changes the world and provides unlimited opportunities for the development of states, companies and individuals. However, consequences of introducing its achievements look dubious: they can cause both a drop in prices on goods and services, a growth in consumption, mobility and information degree of people, a reduction in costs and increase in labour productivity in commercial enterprises and state-owned structures and a cut in personnel demand, falling incomes, social guarantees and deterioration of working conditions, a drop in social programs, rising inequality, withdrawal of capital to off-shore zones, growing credit burden of the population, companies and states and the general decrease in economic growth rate. It leads to the necessity to develop state programs aimed at control over the development of the 4th industrial revolution, support of innovation enterprises, cut in taxes, reduction in uncertainty in economy and rise in legal support of business, as well as elimination of destructive effects of digitalization in economy and protection of the poorest layer of the population.
format	article
author	A. V. Butov
author_facet	A. V. Butov
author_sort	A. V. Butov
title	Achievements and Consequences of the Fourth Industrial Revolution
title_short	Achievements and Consequences of the Fourth Industrial Revolution
title_full	Achievements and Consequences of the Fourth Industrial Revolution
title_fullStr	Achievements and Consequences of the Fourth Industrial Revolution
title_full_unstemmed	Achievements and Consequences of the Fourth Industrial Revolution
title_sort	achievements and consequences of the fourth industrial revolution
publisher	Plekhanov Russian University of Economics
publishDate	2019
url	https://doaj.org/article/bbbed5897c044211bd84e122239175aa
work_keys_str_mv	AT avbutov achievementsandconsequencesofthefourthindustrialrevolution
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Achievements and Consequences of the Fourth Industrial Revolution

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