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The Problems and Threats of the Fourth Industrial Revolution: Consequences for Ukraine
Tymoshenko O. V.

Tymoshenko, Olena V. (2019) “The Problems and Threats of the Fourth Industrial Revolution: Consequences for Ukraine.” Business Inform 2:21–29.
https://doi.org/10.32983/2222-4459-2019-2-21-29

Section: Globalization Processes in the Economy

UDC 339.922; 658.589

Abstract:
The article is concerned with researching the phenomenon of the Fourth Industrial Revolution, its impact on the development of society at the global level, systematizing its main challenges and possible consequences. The level of development of digital economy in Ukraine is analyzed, the role of Ukraine in the epoch of technological changes is indicated; the place of Ukraine among the world countries according to the global index of innovations is determined; the main factors of economic environment of Ukraine concerning its readiness for the Fourth Industrial Revolution are researched and the basic drivers of economic growth of Ukraine due to the efficient introduction of attributive principles of Industry 4.0 are substantiated. On the basis of the carried out theoretical-methodological research, it is concluded that Ukraine has sufficient potential to occupy a central place in the world in the sphere of information and communication technologies. Proposals as to minimization of negative influence of threats of the Fourth Industrial Revolution and efficient introduction of the concept of Industry 4.0 in Ukraine are formulated.

Keywords: Industry 4.0, Fourth Industrial Revolution, digital economy, artificial intelligence, robotization, global index of innovations.

Tabl.: 4. Bibl.: 22.

Tymoshenko Olena V. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Fashion and Show Business, Kyiv National University of Culture and Arts (36 Yevhena Konovaltsia Str., Kyiv, 01601, Ukraine)
Email: [email protected]

List of references in article

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