The Digital Social Capital to Career Success and Its Implication to Industrial Revolution 4.0

Abstract

This paper aims to explore the implications of the industrial revolution 4.0 on the development of the concept of social capital. The concept of social capital experienced the evolution of thought. Initially, the concept of social capital was conceived of as social cliques [1], norms of reciprocal [2], trust [3], and mentoring networks [4]. Furthermore, Seibert, Kraimer, and Liden [5], integrate the concept of social capital from three different theoretical approaches (weak-tie theory, structural hole theory, and social resource theory) and Kistyanto [6] integrate the concept of social capital from four theoretical approaches (trust, social cliques, social networking, and social obligation). Based on the theories above, social capital is highly influence employee's career success on the dimensions of financial success, hierarchical success, and career satisfaction. In the other side, the ability of company to utilize its social capital has resulted many remarkable Industry 4.0’s inventions such as artificial intelligence, robots, block chain, nano technology, quantum computers, biotechnology, the Internet of Things, 3D printers, and unmanned vehicles. In return, the digital social capital including digital trust, digital social cliques, digital social networking and digital social obligation emerge as the implications of the industrial revolution 4.0. Digital social capital becomes a new concept in the development of social capital theory.