The age of digitalization: Tendencies of the labor market

Liu Dun,

Geng Yuan,

Yuan Lunqu

Published: Aug. 20, 2020

This essay presents the main trends of changes in the labor market in connection with the digitalization of the world economy. The interrelated problems of increasing labor productivity, reducing workplaces, and ensuring effective demand are considered. The authors propose considering digitalization as a way of promoting creativity in workplaces, albeit having a delayed effect due to the lag in time for the establishment of a world new economic order, during which services are becoming the main product, and digital platforms and ecosystems are the main actors in the global economy. “Creativization” is a new term suggested by the authors, which …