The Cyber Economy , 1st ed. 2019 Opportunities and Challenges for Artificial Intelligence in the Digital Workplace Contributions to Economics Series

The transition to Industry 4.0, and the subsequent ubiquitous digitalization and integration of artificial intelligence (AI) into the economic system, has set the stage for a fundamental change - one towards forming a cyber economy: a type of economy in which humans are economic subjects who interact with or are confronted with AI. This book examines these interactions and specifically analyzes the overall effects of digitalization on the workplace, and on the economic system of the future. Scholars from a diverse range of fields address both the challenges and opportunities of using AI in business sectors, as well as the role of people dealing with digital channels. In closing, the book discusses the need to, and options for, training and educating the labor force in the digital age. 

Part I.- The Cyber Economy as a New Type of Economic System Under the Conditions of Industry 4.0.- The Cyber Economy as an Outcome of Digital Modernization Based on the Breakthrough Technologies of Industry 4.0.- Digital Business in the Cyber Economy: The Organization of Production and Distribution Based on the Breakthrough Technologies of Industry 4.0.- The Cyber Economy and Digitization: Impacts on the Quality of Life.- State Regulation of the Cyber Economy Based on the Breakthrough Technologies of Industry 4.0.- Diversification of Issued Goods as the Basis for Stable Economic Development Under the Conditions of the Cyber Economy.- Preconditions for the Transition of Developed and Developing Countries to the Cyber Economy Through the Process of Digital Modernization.- Part II.- The Role of Intelligent Machines in the Cyber Economy.- Managing the Provision of Resources for the Creation of Products to Rapidly Develop the Cyber Economy.- The Logic and Principles of Intelligent Machines’ Decision-Making in the Cyber Economy.- Intelligent Machines as Participants in the Socioeconomic Relations of the Cyber Economy.- Perspectives on the Potential Application of Intelligent Machines in the Cyber Economy.- The Rise of Unemployment in the Cyber Economy.- Machine Learning and Artificial Intelligence: The Basis of Intelligent Machines in the Cyber Economy.- Part III.- Training Digital Personnel for the Cyber Economy.- The Role of Digital Personnel in the Cyber Economy.- Current Problems in the Training of Digital Personnel for the Cyber Economy and How to Solve Them.- Digital Competence as a Measure of Employee Competitiveness in the Labor Market of the Cyber Economy.- Key Competencies for Digital Personnel in the Cyber Economy and How to Master Them.- EdTech: The Scientific and Educational Platform for Training Digital Personnel for the Cyber Economy.- Embracing Artificial Intelligence and Digital Personnel to Create High-Performance Jobs in the Cyber Economy.- Part IV.- The Relationship Between Intelligent Machines and Digital Personnel in the Cyber Economy.- Interactions Between Intelligent Machines and Digital Personnel in the Industrial Production of Industry 4.0 Under the Conditions of the Cyber Economy.- Competition Between Intelligent Machines and Digital Personnel: The Coming Crisis in the Labor Market During the Transition to the Cyber Economy.- The Development of the Agro-industrial Complex in the Cyber Economy.- Analysis and Forecasting of the Likely Development of the Digital Economy in Modern Russia.- An Algorithm for the Crisis-Free Transition of Modern Socioeconomic Systems to the Cyber Economy.- The Possibilities for Cyber Management Based on Cyber-Physical Systems in the Context of the Formation of a New Model of Development.- The Methodology of Decision Support for the Entrepreneurial Sector in the Information Asymmetry of the Cyber Economy.- Part V.- Managing the Competitiveness of the Cyber Economy.- Growth Vectors of the Cyber Economy and Perspectives on Their Activation.- A Mechanism for Managing the Factors that Support the Development of the Cyber Economy.- International Economic Integration and Competitiveness in the Cyber Economy.- Integration of the Cyber Economy with Research and Development at the “University–Science–Industry–Market” Level.- A Strategy for Implementing the Technologies of Industry 4.0 and the Tools of Competency Management in the Digital Economy.- Environmental Resources Management and the Transition to the Cyber Economy.- A Model for Sustainable Development in the Cyber Economy: The Creation and Implementation of Green Innovations.- Government Control of the Cyber Economy Based on the Technologies of Industry 4.0.- Conclusions.

Presents a comprehenisve concept of the digital economy

Examines the interaction and confrontation of human actors and artificial intelligence

Provides recommendations for the training and education of the labor force in the digital age