Environmental Sustainability and Digital Transformation of Socio-Economic: Quality of Life Perspective

Abstract

Technological singularity has seriously affected all the social, environmental, and economic genesis factors in mankind’s history. The problem of assessing the quality of life in the digital economy is acquiring new nuances including social services. The objective of this study is to investigate unique impacts of digital transformation on economic, environment, and social progresses on the quality of life improvement in China. Environmental statistical data on the impact of investments in social, state, and other spheres of economic activity are analysed at the machine learning level. Application of high-performance computing (HPC) and big data technologies for obtaining data on socio-economic statistics in real-time, the presence of feedback in the Web 4.0 concept, transfer of a significant part of economic processes to internet platforms provide the information necessary for analysis. As a result, a basis is proposed for implementing software products in the form of institutional decision-making support systems for a long horizon of planning investments in the quality of life.