Industry 4.0 has a significant impact on the economic and social sphere of society. Changes in the economic system give rise to a number of social risks associated primarily with the labor market, occupational structure and employment. In the article the social risks of the digital economy, identifies threats and challenges to the education sector are systematized. Contradictions of the functioning of educational institutions are described. The innovative role of the educational system, which it can play in regional development, is defined. Innovative approaches to the development of the education system based on existing experience are proposed.
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