Graduate student at the Department of Political Economy, Lomonosov Moscow State University

Relevance. The technological transformation of production in the course of the fourth industrial revolution has great potential for a positive impact on the economy and society. However, accelerated development without proper state regulation can have negative social consequences in the form of growing inequalities and growing disparities in the society. In order for Russia to fully disclose the economic potential of new technologies along with the leading countries, reducing the possible negative consequences for society, it is necessary to adopt a number of economic, political and social measures.

Purpose. To present priority directions of development during the formation of the fourth industrial revolution in Russia. Conduct an analysis of state programs to improve the innovation economy.

Results. The study substantiates the author's structure of the economic potential of the fourth industrial revolution, the technological transition is presented as a condition for the restoration of the economy as a whole due to the growth of labor productivity, possible challenges and threats to society are highlighted. Priority directions of development during the formation of the fourth industrial revolution in Russia are presented: improvement of the digital economy, mitigation of social consequences during the transformation of the labor market, development of organization and cooperation between government, business and science.

Keywords: the fourth industrial revolution, economic potential, digital economy, innovations, public administration.

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