Abstract
The modern type of society over the past decades is increasingly characterized as an information society. As is known, information technologies are the direct engine of the globalization process, which is connected with the new technical possibilities of communication, and the most important feature is the formation of a single financial and information space in the world, in which the commercial activities of mankind are increasingly carried out.The article analyzes the influence of the development of information and communication technologies on the changes taking place in the economic sphere of society's life. The main features and regularities of the economic development of the information society were identified and analyzed. The latest large-scale economic changes taking place in the world are characterized by the emergence of an "information economy". While industrial technologies dominated the capitalist system as a social system, in today's globalizes world, information and communication technologies based on the exchange of knowledge and information are of unquestionable priority. The development of information and communication technologies contributes to changes in the field of economic relations, in particular the formation of an information economy, the basis of which are information media and information products and services. The main subject and means of work in the information economy are information, the main product of production and consumption - services and information products. The combination of industrial and post-industrial types of development, the use of information and knowledge as a unique object and means of production, the growth of the service sector, especially the manifestation of the labor theory of value, technological and economic convergence, innovative type of development, the dynamism of production, virtualization of the economic space - the most important economic basis of the information society.
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