The digital economy is rapidly changing the world around us. The virtualization of the economy is increasing. Economic relations as subjective objects are supplemented by new algorithms. It is becoming more and more transparent. The electronic information revolution is transforming existing economic relations into a digital economy. Accordingly, changes are taking place in industrial relations. Public institutions are being transformed both in form and in content. The specificity of transformations in production and economic relations is reflected in the fact that the processes of production, distribution, exchange, consumption, and use of information become leading in comparison with other types of economic and economic activity.