Social and economic consequences of digitalization: problems and opportunities

The article examines the consequences of digitalization in the sphere of socio-economic space. Opportunities and risks in various areas from the use of digital technologies have been determined. It has been defined that the field of employment and various professions are subject to transformational processes in connection with the robotization of production processes. With the help of information and communication technologies, the field of education was able to continue its activities and be continuous in the conditions of unpredictable influences, make the educational process mobile, differentiated, individual and adapted to the realities of today. Artificial intelligence has already become a part of everyday life in many countries. And digital transformation manifests itself not only in the use of a computer or in the simple automation of routine functions, digitalization is a new form of doing business and reworking the usual corporate procedures. It has been determined that during the introduction of quarantine measures around the world, people switched to online banking quite quickly. As a result, banks sensed the interest and need of customers for this type of service and began to more actively transform more and more types of financial transactions into an online format. For the effective digitalization of the economic sphere, it is necessary to define the basic principles according to which it will be possible to build a strategy for the implementation of digital tools in various spheres of the population's life.