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The Rise of Unemployment in the Cyber Economy

  • Vladimir S. OsipovEmail author
Chapter
Part of the Contributions to Economics book series (CE)

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.

Keywords

Digital economy Digitalization Structural unemployment Technological unemployment Cyber economy 

JEL Code

O14 O25 O33 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.MGIMO UniversityMoscowRussia

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