No doubt we are witnesses to a huge industry disruption which is caused by the digital transformation. It affects not only the IT world, but a lot of innovative industries, changing the world we know as we speak. But how to predict what impact will it have and how to embed it in the economics?

Our guest will tell us more about the economic perspective of the disruption and how it is reflected in the Kondratieff Wave theory. It is especially interesting to investors and governments since it helps them to understand how periods of uncertainty or crisis relate to long-term economic and social trends. According to the theory, since XVIII c. we have experienced 5 Kondratieff cycles and it seems that COVID 19 is driving us towards the 6th Kondratieff very quickly.