Full Description
This book takes an in-depth look at the economics of digital transformation. Presenting a variety of perspectives from experts, it deals with the socioeconomic changes associated with the digital transformation of production systems. The chapters also address the impacts of digital transformation on the sustainable functioning of socioeconomic and environmental systems. Select chapters also investigate the consequences of adopting intelligent learning systems, both in terms of replacing the human labor force. and their effects on the smart digital management and security of cities, places, and people. Lastly, chapters discuss important questions regarding innovations leading to sustainable change.
Contents
Introduction: The Economics of Digital Transformation: Approaching non-stable and uncertain digitalized production systems.- Social and economic consequences of large-scale digitization and robotization of the modern economy.- Revisited economic theory or how to describe the processes of disequilibrium and instability of modern economic systems.- Technological development: models of economic growth and distribution of income.- Breakthrough technologies and labor market transformation: how it works ad some evidence from the economies of developed countries.- Technological substitution of jobs in the digital economy and shift in labor demand towards advanced qualifications.- Oil shocks and stock market performance: evidence from the Eurozone and the US.- Reinforcement learning approach for dynamic pricing.- Convergent evolution of IT security paradigm: from access control to cyber-defense.- AI methods for neutralizing cyber threats at unmanned vehicular ecosystem of smart city.- Cybersecurity and control sustainability in digital economy and advanced production.- Blockchain for cybersecurity of government e-services: decentralized architecture benefits and challenges.- Green energy markets: current gaps and devel-opment perspectives in the Russian Federation.- Energy Efficiency in Urban Districts: case from Polytechnic University.- An architectural approach to managing the digi-tal transformation of a medical organization.- Aluminum production and aviation: an interesting case of an interwoven rebound effect in a digital transforming world.
