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УДК 336.11-043.83:658.14/.17

DOI: https://doi.org/10.36887/2415-8453-2023-3-61

Neustroiev Yurii,
Doctoral Student, PhD in Economics, Associate Professor of the Department of Economic Theory and Financial and Economic Security,
Odessa National University of Technology
https://orcid.org/0000-0002-1998-2564
Shkurovska Svitlana,
PhD student of the Department of Economic Theory and Financial and Economic Security,
Odessa National University of Technology
https://orcid.org/0009-0006-2100-4731

JEL classification: F52; H56

Economic contradictions are substantiated as objective contradictions arising due to the interaction of opposing parties, trends, or interests within industry and territorial economic systems and complexes. The classification of economic contradictions into general economic, inter-industry, and intra-industry is revealed, and their impact on the functioning of the economy is determined. It is established that the latest technologies, such as artificial intelligence, the Internet of Things, cloud computing, blockchain, and robotics, significantly change the nature of economic contradictions, stimulating economic growth while simultaneously creating new risks. It is substantiated that artificial intelligence increases productivity but exacerbates adaptation challenges in labor relations. The Internet of Things contributes to industry development while complicating the adaptation of the agricultural sector. Cloud computing lowers barriers to intra-industry competition but creates risks of overproduction. Blockchain provides transparency in transactions but is limited by insufficient access to investments. Virtual and augmented reality contribute to reducing training and development costs but create uneven access to technologies. The economic and social aspects of introducing new technologies are summarized in the context of their risks, as well as their characteristics and mechanisms for overcoming them. The challenges of introducing technologies include job losses, the need for retraining employees, increasing economic and social inequality, and increasing energy consumption. The importance of institutional support, human capital development, implementation of sustainable development strategies, and adaptation of the education system to the requirements of the digital economy is emphasized. Mechanisms for overcoming risks associated with technological progress are outlined, including state support, stimulating innovation in small and medium-sized businesses, development of environmentally responsible technologies, integration of educational initiatives, and increasing social responsibility of business entities.

Keywords: innovation, technology, technological progress, economic security, risks, economic systems, territorial complexes.

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The article was received 30.07.2023