Abstract
The Fourth Industrial Revolution (FIR) is radically changing the way people live, work and interact through the introduction of digital technologies that integrate into all spheres of society. ChPR is based on a complex of innovations, such as artificial intelligence (AI), the Internet of Things (IoT), blockchain, robotics, virtual and augmented reality, cloud computing, big data and 5G. These technologies make it possible to achieve new levels of automation, individualization and efficiency of production and business processes, as well as significantly increase the speed of information exchange and processing. Artificial intelligence opens up possibilities for the creation of intelligent systems capable of making decisions based on the analysis of large amounts of data, which are used in the financial sector, medicine, logistics, agriculture and the entertainment industry. The Internet of Things (IoT) creates "smart" ecosystems where everyday objects interact with each other over the network, providing users with new conveniences, from automated "smart" homes to "smart" cities. Blockchain, in turn, ensures the reliability and transparency of transactions and finds its application not only in the financial sphere, but also in logistics, legal transactions and even in voting systems. In addition, digital technologies contribute to the growth of manufacturing flexibility, which allows companies to quickly adapt to changes in demand, and robotics and automation create new production models where human labor is replaced by high-precision machines. With cloud computing, businesses have the ability to access powerful computing resources without significant capital investment, making innovation more accessible to small and medium-sized businesses. However, with the development of CSPR, new challenges arise, in particular, the threat of cyber security, the need to adapt personnel to new technologies, and the need for legislative regulation that protects users' personal data. The labor market is also changing: routine work is being replaced by automated systems, which requires improving the skills of employees and promotes the development of new professions. Digital CNC technologies change all aspects of our lives, transforming not only the economic model, but also the social structure, relations between countries, as well as developing a new level of technological interaction that can affect all spheres of society.
Cite
CITATION STYLE
Bilyy, D. (2024). DIGITAL TECHNOLOGIES OF THE FOURTH INDUSTRIAL REVOLUTION. Black Sea Economic Studies, (89). https://doi.org/10.32782/bses.89-25
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