The dark corners of industry 4.0 – Grounding economic governance 2.0

Kovács, Olivér (2018) The dark corners of industry 4.0 – Grounding economic governance 2.0. Technology in Society, 55. pp. 140-145. ISSN 0160-791X

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Abstract

This paper analyses the fourth industrial revolution by shifting towards a more complexity-aware economics. In so doing we concentrate on the complexity of interactions in the development of Industry 4.0 and the Digital Economy by shedding light on the major set of dark corners (unintended consequences) that are calling for cultivating governance in favour of structural change. We therefore formulate the basic principles of a new economic governance in contributing to the sustainable development ofthe current industrial revolution and the Digital Economy.

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