Industry 4.0. The Role of Gig Economy in the Industrial Revolution of the 21st Century

Abstract

Abstract: The 21st Century is marked by the digital revolution, the center of which is the giant economy alongside the artificial intelligence and algorithms. This paper is dedicated to the analysis of the gig economy, that is the movement against the routine and the hierarchy of the system in which the human capital has undergone a gradual destruction of the creative and innovative spirit. The labor pool of the 21st century is characterized by the  cooperation between man and technology, the result of which is a high degree of wellness for all nations. We could even say that at this moment, what unites us globally is the economy, not politics or governments, and the gig economy anticipates the potential impact of industrialization and the beneficial potential it might bring. The gig revolution brings to foreground challenges that can be transformed into opportunities, but it requires creativity and a correct mindset of the human capital in order to maximize the benefits of the revolution and minimize potential threats.