The head of the MAYOR spoke about the impact of digital technology on the economy

© RIA Novosti / Grigory to Sysoeva in fotomancer of economic development of Russia Maxim Oreshkin. Archival photoThe head of the MAYOR spoke about the impact of digital technology on the economy© RIA Novosti / Grigory to Sysoeva the image Bank

Digital economy development in Russia, in particular blockchain technology, machine learning, robotics number of processes will not lead to unemployment in Russia due to downsizing and will not have serious consequences on the labor market in response to falling working-age population, according to the head of the Ministry Maxim Oreshkin.

«Technologies which are being implemented now, they look interesting to us, but globally no different from the same steam engines and other technologies that were born 100, 200, 300 years ago,» said Oreshkin, speaking at a conference of regional managers of the Bank in the Corporate University of Sberbank.

«If you look in principle on the demographic situation in the world, population growth is slowing, is slowing down very quickly. Even China has moved to slow down the reduction of the population of working age. So this story, I don’t think will lead to some serious consequences,» said Oreshkin.

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