Abstract

Introduction. The article examines the issues of human capital development in the context of digital transformations. This topic is relevant and important for understanding the challenges and opportunities that arise in modern digital society, and it contributes to the development of strategies to enhance human capital development in this context. The purpose of the article is to identify and analyze the challenges faced by society and businesses in the rapid technological development and digital transformation. Methodology. The research methodology is based on a systematic analysis of scientific sources, statistical data, and expert assessments. A comprehensive approach is applied to study the problem, incorporating knowledge from economics, sociology, and management. Results. Key problems related to human capital development in the context of digital transformations have been identified. Specifically, challenges related to inadequate preparation and adaptation of employees to new digital technologies, changing skill and competency requirements, as well as risks of social inequality in access to digital opportunities and issues of government investment in human capital development. The obtained results provide a basis for the development of strategies and policies aimed at enhancing the level of human capital development in the context of digital transformations. It is established that only the collaboration of society, businesses, and government will be effective in ensuring sustainable human capital development and minimizing the negative consequences of digital transformations.

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