Sustainable Business and Consumption Trends 2019

• Main Author: Laurentiu Tachiciu
• Format: Article
• Language: English
• Published: Academy of Economic Studies of Bucharest 2019-11-01
• Series: Amfiteatru Economic
• Subjects: editorial
• Online Access: https://www.amfiteatrueconomic.ro/temp/Article_2855.pdf

Today, change is the New Normal. Change is driven by fast and ever accelerating advances in science and technology. Yesterday’s fictions as artificial intelligence, internet of things, self-driving cars, smart houses, 3D printing, automated warehouses, etc. are becoming realities and are already or will soon be familiar means in people’s everyday life. Progress in nanotechnology, biotechnology, photonics, advanced materials and advanced manufacturing, joining digitalization and supporting each other, give rise to new behaviors and aspirations and shape new economic and social structures and relations. The need for a development model that is better adapted to the new conditions and which offer more security for the future, is increasingly felt. Such a model of sustainable development must reconcile economic growth with environmental protection, promote fairer social relations and be more resilient to crises at local, regional and global levels. There is an urgent need to slow down global warming, stop wasting resources, reduce development gaps and prevent the emergence of new gaps as a result of demographic, technological, economic, political and social changes