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Digitalization will result in another stratification of society

Text: Galina Marinova, Bloomberg TV Bulgaria


  1. Bloomberg TV Bulgaria

It is too early to realize what the scale and effects of the Fourth Industrial Revolution are, but it basically differs from the previous three ones by its dynamic and range. It is of systematic nature and just like the previous ones has the potential to multiply the public wealth but this will be a fact only for people who have, who know how to handle information. This is what Assoc. Prof. Eleonora Tankova, Dean of the Faculty of International Economics and Administration at Varna Free University said on Investbook на Blooberg TV Bulgaria.

“Digitalization will result in another stratification of society. Knowledge and technology are the new factor for economic growth. These challenges are very serious for the business and for universities as well, because the right mechanisms have to be found in order to change the way to promote their product in the new environment”.

The traditional structure of the labor market is distorted, also said Tankova. In her words, “new professions and new employment are rapidly emerging, universities have to meet the new market requirements, and leading in the process of education should be digitalization and internationalization”.

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by ВСУ Черноризец Храбър