Civilizational Cycles and Economic Development in the Context of Technological Transitions and Global Pandemics

The study of theories of civilizational cycles under modern economic conditions is becoming increasingly important. Humanity can discern that long-term forecasts to a certain extent comply with theories of cyclical development. The issue of proving that the iteration of civilizational cycles in historical retrospect may correspond to their recurrence of the Fibonacci series remains open. The objective of the study is to do research into the wave theory in terms of economic development;to determine whether it is possible to apply the "principle of the golden ratio" based on the Fibonacci series;to explain how civilizational cycles are formed in the context of technological transitions;to identify patterns and characteristics of these fluctuations;to describe trends of further economic fluctuations. The object of study are economic relations in the context of civilization development, and their impact on of education, culture and personal freedom. Using the methodology of the Fibonacci numbers, namely, the rule of the golden ratio revealed the patterns of large economic fluctuations, explained the reasons for accelerating the pace of cyclicality and made a forecast of their further development. The results of the study allowed to claim that the current decade is decisive in terms of forming a new civilizational cycle of economic development. It is proved that the trend of the new cycle of civilization will be determined by the symbiosis of a human and artificial intelligence. © 2022, Economic Laboratory for Transition Research. All rights reserved.