Abstract
Purpose: The purpose of the chapter is to study the influence that the digitization of national economies has on human living standards and quality of life.
Methodology: The methodology includes historical and logical analysis, systemic analysis, synthesis, induction, deduction, and graphic methods. The level of development of human capital and quality of life is studied through sociological surveys and expert methods.
Results: The authors determine the current characteristics of human capital and living standards before the full implementation of Industry 4.0; determine the specific features of the digital and cyber economy that influence human living standards; evaluate the current changes in human living standards under the influence of technological transformation; and outline the conditions under which the changes will have the most positive outcomes for the quality of life.
Recommendations: Governments should target regulation on the processes of digitization of the economy to increase the social protection for citizens who are at risk of losing employment. At the preliminary stages in the development of AI it is necessary to train the future work force from the preschool age, developing the key cognitive skills and supporting social entrepreneurship initiatives as an option to reduce pressures on the labor market due to robotization, automatization, and the digitization of economic activities.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Quality of Life Index (higher is better) is an estimation of overall quality of life by using an empirical formula which takes into account purchasing power index (higher is better), pollution index (lower is better), house price to income ratio (lower is better), cost of living index (lower is better), safety index (higher is better), health care index (higher is better), traffic commute time index (lower is better), and climate index (higher is better) (Numbeo 2019).
References
Apec-center (2018) Digital economy: Russia and the world. http://apec-center.ru/wp-content/uploads/2018/02/Monitoring_5_RFTA_APEC_OECD.pdf. Accessed 22 June 2019
Arkhipova МY (2013) Innovations and population’s living standards: a study of interconnection and the main tendencies of development. Issues Stat 4:45–53
Countrymeters (2019) World population. https://countrymeters.info/ru/World. Accessed 22 June 2019
Deloitte (2018) The rise of the social enterprise Deloitte Global Human Capital Trends 2018. https://www2.deloitte.com/content/dam/insights/us/articles/HCTrends2018/2018-HCtrends_Rise-of-the-social-enterprise.pdf. Accessed 22 June 2019
FAO, IFAD, UNICEF, WFP and WHO (2018) The state of food security and nutrition in the world—2018. http://www.fao.org/publications/sofi/ru/. Accessed 22 June 2019
Fedotov VG (ed) (2008) Human in economy and other social environment: a collective monograph. Russian Academy of Sciences, Institute of Philosophy, Мoscow
Gorshkova NV, Mytareva LA, Shkarupa EA, Yalmaev RA (2019) The concept of tax stimulation of informatization of modern entrepreneurships studies in systems. Decis Control 182:179–188
HABR (2018) Revolution of AI—a path to super intellect. https://habr.com/ru/post/293156/. Accessed 22 June 2019
Hackl P (2019) A new generation of data for human development 2018. Background paper. UNDP Human Development Report Office. http://hdr.undp.org/sites/default/files/hackl_final_02.pdf. Accessed 22 June 2019
Helliwell JF, Layard R, Sachs JD (2018) World happiness report 2018. https://s3.amazonaws.com/happiness-report/2018/WHR_web.pdf. Accessed 22 June 2019
International Labour Office (2019) World employment social outlook. Trends 2019. https://www.ilo.org/wcmsp5/groups/public/%2D%2D-dgreports/%2D%2D-dcomm/%2D%2D-publ/documents/publication/wcms_670542.pdf. Accessed 22 June 2019
IOT (2018) AI. History of development and market overview. https://iot.ru/gadzhety/iskusstvennyy-intellekt-istoriya-razvitiya-i-obzor-rynka. Accessed 22 June 2019
Korobenkov А (2018) The digital system of production management—an important step towards Industry 4.0. https://controlengrussia.com/internet-veshhej/tsifrovaya-sistema-upravleniya-proizvodstvom-vazhny-j-shag-k-industrii-4-0/. Accessed 22 June 2019
Masci D (2016) Human enhancement: the scientific and ethical dimensions of striving for perfection. http://www.pewresearch.org/science/2016/07/26/human-enhancement-the-scientific-and-ethical-dimensions-of-striving-for-perfection/. Accessed 22 June 2019
Numbeo (2019) Quality of life index 2019. https://www.numbeo.com/quality-of-life/indices_explained.jsp. Accessed 22 June 2019
Passportwiki (2019) Number of countries in the world in 2019. http://passportwiki.ru/skolko-vsego-v-mire-stran/. Accessed 22 June 2019
Pewforum (2012) The global religious landscape. http://www.pewforum.org/2012/12/18/global-religious-landscape-exec/. Accessed 22 June 2019
Pewresearch (2016) U.S. public wary of biomedical technologies to ‘enhance’ human abilities. http://www.pewresearch.org/science/2016/07/26/u-s-public-wary-of-biomedical-technologies-to-enhance-human-abilities/. Accessed 22 June 2019
Pinker S (2011) The better angels of our nature: why violence has declined. https://www.ted.com/talks/steven_pinker_on_the_myth_of_violence. Accessed 22 June 2019
Prosperity Style (2018) The Legatum Prosperity Index™ 2018, 12th edn. https://prosperitysite.s3-accelerate.amazonaws.com/2515/4321/8072/2018_Prosperity_Index.pdf. Accessed 22 June 2019
RIA (2018) The World Bank learned how many people live for less than $5.5 per day. https://ria.ru/20181017/1530821422.html. Accessed 22 June 2019
Rozenberg J, Fay M (2019) Beyond the gap: how countries can afford the infrastructure they need while protecting the planet. Sustainable infrastructure. Washington, DC: World Bank. https://openknowledge.worldbank.org/handle/10986/31291. Accessed 22 June 2019
Tadviser (2018) The fourth industrial revolution. Popular story of the main technological trend of the 21st century. http://www.tadviser.ru/index.php/%D0%A1%D1%82%D0%B0%D1%82%D1%8C%D1%8F:%D0%A7%D0%B5%D1%82%. Accessed 22 June 2019
Urban T (2017) Neuralink and the brain’s magical future. 20 April 2017. https://waitbutwhy.com/2017/04/neuralink.html. Accessed 22 June 2019
World Bank (2019) The world development report 2019: the changing nature of work. http://documents.worldbank.org/curated/en/923251543930325486/pdf/WDR2019-Overview-Russian.pdf. Accessed 22 June 2019
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Mytareva, L.A., Gorshkova, N.V., Shkarupa, E.A., Yalmaev, R.A. (2019). The Cyber Economy and Digitization: Impacts on the Quality of Life. In: Filippov, V.M., Chursin, A.A., Ragulina, J.V., Popkova, E.G. (eds) The Cyber Economy. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-31566-5_3
Download citation
DOI: https://doi.org/10.1007/978-3-030-31566-5_3
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-31565-8
Online ISBN: 978-3-030-31566-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)