Disruptive digital technologies as a means for destroying the foundations of oligarchomics: world experience and challenges for Ukraine Cover Image

Disruptive digital technologies as a means for destroying the foundations of oligarchomics: world experience and challenges for Ukraine
Disruptive digital technologies as a means for destroying the foundations of oligarchomics: world experience and challenges for Ukraine

Author(s): Igor Pecheranskyi, Anatoly Revenko
Subject(s): ICT Information and Communications Technologies, Socio-Economic Research
Published by: Institute of Society Transformation
Keywords: Digital Economy; Digitalization; Disruptive Technologies; Innovations; Internet of Things; Blockchain; Artificial Intelligence; Quantum Calculations;

Summary/Abstract: The purpose of the article is to analyze the world experience of using disruptive technologies in the digital economy of the leading countries and to consider risks and perspectives resulting from the use of such innovations in Ukraine at the modern stage, including the peculiarities of digitalization of the country’s economy. The theoretical and methodological basis of the investigation comprises the methods of deduction and induction, theoretical generalization, abstract-logical method and the method of financial and economic analysis. The results of the research are in the statement that the digital economy of the 21st century has a powerful potential thanks to which companies and even separate countries have leading positions in the world by the key directions in socio-economical development including disruptive technologies which radically change the situation in the world market and determine the direction of further development of economic relations. It is pointed out that among such innovations the most famous is the Internet of Things, Blockchain technologies, artificial intelligence, quantum calculations, digital twins, etc. By many indicators and ratings covering the implementation of the so-called «breakdown» technologies with regard to the digitalization of economy, Ukraine is significantly behind the leading countries. Despite declarations and ambitious statements at the government level, the Blockchain technology is perhaps the only successful example of the use of disruptive technologies in our country for over the last 5 years. The possibility, the pace and risks of introducing disruptive technologies within the Ukrainian economy, which can be transformed into a conceptual initiative and a mechanism for destroying the foundations of oligarchomics, remain debatable and highly relevant.

  • Issue Year: 179/2019
  • Issue No: 9-10
  • Page Range: 31-39
  • Page Count: 9
  • Language: English