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Title The effect of industrial revolutions on the transformation of social and economic systems
Authors Melnyk, Leonid Hryhorovych  
Kubatko, Oleksandr Vasylovych
Dehtyarova, Iryna Borysivna
Dehtiarova, Iryna Borysivna
Matsenko, Oleksandr Mykhailovych  
Рожко, Олександр Дмитрович
Рожко, Александр Дмитриевич
Rozhko, Oleksandr Dmytrovych
Keywords Industry 4.0
Industry 5.0
персоналізація
персонализация
personalization
людський розвиток
человеческое развитие
human development
креативна економіка
креативная экономика
creative economy
економічні перетворення
экономические преобразования
economic transformations
Інтернет речей
Интернет вещей
internet of things
Type Article
Date of Issue 2019
URI https://essuir.sumdu.edu.ua/handle/123456789/77259
Publisher LLC “СPС “Business Perspectives”
License
Citation The effect of industrial revolutions on the transformation of social and economic systems / L. Melnyk, O. Kubatko, I. Dehtyarova [at el.] // Problems and Perspectives in Management, 2019. - Vol. 17, Issue 4. - P. 381-391. - doi:10.21511/ppm.17(4).2019.31.
Abstract The development of human civilization is related to the constant change of economic formations, and the current social and economic situation is determined by such concepts as Society 5.0, Fourth, and Fifth Industrial Revolutions (FIR, FiIR). The paper aims to estimate the change of human role in each economic formation caused by industrial revolutions. A structured review methodology with a focus on biological, labor, and personal entity of human within the industrial revolutions is used. The description of the changes between the biological, labor, and personality entities of human in various socio-economic formations is discussed. The human as a biological entity is not changed in the first four industrial revolutions, while the FiIR tries to change the biological entity through augmenting the physical capacity. The human as a labor entity is not changed in the first three industrial formations, while the FIR tries to replace the majority of physical human jobs and opens the gate for creative economy and decisions-making. The direct labor participation is minimized within FIR since the economic systems move to the transition to the dominant role of cyber-physical systems. The personal human development is triggered within the FiIR, since informational diversity in economic systems is actualized, and conditions for creative jobs within the creative economy are formed. The biological, labor, and personality entities of human are sequentially actualized within the economic formation caused by industrial revolutions. Leonid
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