The Background and Perspective of the Development of the 4th Industrial Revolution

Abstract

Today the 4th Industrial revolution (also called the Digital revolution) embraces the global economy rapidly, becomes a vital part of almost every sphere of life. In the article, a description of the main aspects arousing the development of the Digital revolution if given; its most vital driving factors, challenges and threats for the present economy are characterised. Also, the ambiguity effect of the 4th Industrial revolution is considered; much attention is paid to the outcomes which can be observed today or with the high degree of possibility will arise in the near future in the most important spheres of life: economic, political and socio-cultural ones. The possible ways of overcoming the risks and reducing the influence of threats caused by the 4th Industrial revolution are described. Overall, the problem of digitalisation is considered from the historical perspective.