Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century

The 21st Century is marked by the digital revolution, the center of which is the giant economy alongside the artificial intelligence and algorithms. This paper is dedicated to the analysis of the gig economy, that is the movement against the routine and the hierarchy of the system in which the hum...

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Main Author: Alexandra UNGUREANU
Format: Article
Language:English
Published: Editura Univeristatii "Stefan cel Mare" din Suceava 2019-12-01
Series:USV Annals of Economics and Public Administration
Subjects:
Online Access:http://annals.seap.usv.ro/index.php/annals/article/view/1162/981
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author Alexandra UNGUREANU
author_facet Alexandra UNGUREANU
author_sort Alexandra UNGUREANU
collection DOAJ
description The 21st Century is marked by the digital revolution, the center of which is the giant economy alongside the artificial intelligence and algorithms. This paper is dedicated to the analysis of the gig economy, that is the movement against the routine and the hierarchy of the system in which the human capital has undergone a gradual destruction of the creative and innovative spirit. The labor pool of the 21st century is characterized by the cooperation between man and technology, the result of which is a high degree of wellness for all nations. We could even say that at this moment, what unites us globally is the economy, not politics or governments, and the gig economy anticipates the potential impact of industrialization and the beneficial potential it might bring. The gig revolution brings to foreground challenges that can be transformed into opportunities, but it requires creativity and a correct mindset of the human capital in order to maximize the benefits of the revolution and minimize potential threats.
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spelling doaj.art-829ce7e825164a4e9a6a4379c8c5a2232022-12-22T01:39:11ZengEditura Univeristatii "Stefan cel Mare" din SuceavaUSV Annals of Economics and Public Administration2285-33322344-38472019-12-01192(30)7784Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st CenturyAlexandra UNGUREANU0„Ștefan cel Mare” University of Suceava, RomaniaThe 21st Century is marked by the digital revolution, the center of which is the giant economy alongside the artificial intelligence and algorithms. This paper is dedicated to the analysis of the gig economy, that is the movement against the routine and the hierarchy of the system in which the human capital has undergone a gradual destruction of the creative and innovative spirit. The labor pool of the 21st century is characterized by the cooperation between man and technology, the result of which is a high degree of wellness for all nations. We could even say that at this moment, what unites us globally is the economy, not politics or governments, and the gig economy anticipates the potential impact of industrialization and the beneficial potential it might bring. The gig revolution brings to foreground challenges that can be transformed into opportunities, but it requires creativity and a correct mindset of the human capital in order to maximize the benefits of the revolution and minimize potential threats.http://annals.seap.usv.ro/index.php/annals/article/view/1162/981gig economydigital revolutionartificial intelligenceinnovationcontinuous development
spellingShingle Alexandra UNGUREANU
Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century
USV Annals of Economics and Public Administration
gig economy
digital revolution
artificial intelligence
innovation
continuous development
title Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century
title_full Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century
title_fullStr Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century
title_full_unstemmed Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century
title_short Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century
title_sort industry 4 0 the role of gig economy in the industrial revolution of the 21st century
topic gig economy
digital revolution
artificial intelligence
innovation
continuous development
url http://annals.seap.usv.ro/index.php/annals/article/view/1162/981
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