Abstract
Annals of Social Sciences & Management studies are an international journal which focuses to spread a vast knowledge to the readers. ASM includes various topics which cover every part of Sociology and management studies like Philosophy & Public Affairs
Highlights
In the beginning of the 21st century, the revolution of digital technology improves performances of production by integrating complicated networks of global communities
This paper concludes that the digital industrial revolution brings rising outside stakeholders
The digital economies are expected to improve social welfare in some extend, some social welfare loss remains in the process of the industrial revolution
Summary
In the beginning of the 21st century, the revolution of digital technology improves performances of production by integrating complicated networks of global communities. Many countries are confronted with social problems such as climate change, social security and disparity society as well as economic problems of surging budgetary deficits and aging populations. Digital economies have been developing in the circumstance brought by previous market and government failures. Digital economies are expected to propel innovation of economic system, we must construct the social scheme of social and economic governance to cooperate with digital economies. To achieve sustainable global communities, we should explore the structural changes in social and economic mechanism brought by digital economies
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