Abstract

The development and spread of digital technologies lead to serious qualitative changes not only in the field of industrial production. They have a strong impact on the social development of society, including education. The new technological (digital) revolution requires an individualized approach to meeting the economic and social needs of society. The digital revolution focuses on the quality of education based on the comprehensive development of each individual. Moreover, the tools of information and communication technologies used in the education system change depending on the conditions and settings of socio-economic development of the territory. Digital technologies have penetrated all spheres of society’s life, which requires a new quality of education from every employee. In the modern world, a computer can replace about 62% of employees, and only 13% of people have a high level of intellectual literacy that surpasses computer systems [1]. The existing education system needs serious changes, since the system of modern training of workers is inferior to the level of training of workers who worked in the 90s. Moreover, the changes that are being made should also be individualized depending on the socio-economic requirements of the territory. The article identifies the main problems of socio-economic development of the Chuvash Republic. A number of projects are proposed that contribute to the development of the region’s territory in the context of digital transformation.

Highlights

  • The fourth industrial revolution presents new challenges to society and the economy

  • The main strategic priority of the Chuvash Republic is a stable improvement in the quality of life of the population of the Chuvash Republic based on the formation of a knowledge-based model of economic development, the key driving force of which will be human capital, in an ecologically clean, well-groomed, strong region

  • The following areas are key to the development of the education system in the context of digital transformation:

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Summary

Introduction

The fourth industrial revolution presents new challenges to society and the economy. The requirements of the digital economy have caused a gap between the human resources needs of business and the capabilities of the education system. The knowledge and competence of modern employees requires modification. Employees of all skill levels should have a high level of mathematical, financial and computer literacy, have the so-called "competence of the XXI century": project, digital, critical thinking [2]. The state and business have an objective need to predict and fix the appearance of new competencies [3]. Issues of digital economy development are considered in the works of various philosophers, economists, and futurists. The process of digital transformation is a relatively new and large-scale phenomenon and, there are few economic studies devoted to this problem.

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