Systemic transformation of business and labor market in the conditions of digitalization

Abstract

The article determined that the high penetration of the Internet and information and communication technologies all over the world creates opportunities for the digital economy development. At the same time, it was noted that the process of digitalization of the economy in different countries is unequal. It was proved that in case of digital economy formation digitalization of business became the main condition for its effective functioning. It was justified that the digitalization of business should be considered as the source of deep systemic transformations in the economy and involves the usage of digital technologies at the business level to optimize business processes, increase company productivity and improve interaction with customers. In the digital economy, the digitalization of labor market is of particular importance. It was proved that the transformation of labor market implies the exponential increase in the number of electronic labor exchanges and online labor platforms that form a single global labor market.