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Showing posts with the label Digital Economy - Benefits and challenges

Digital economy: A leveller or a source of economic inequality

When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar. Digital economy has turned the curtains for the massive transformations. That transformation can be considered as a positive or negative. Because with every upstream rides, there are resistance from streams. Current era belongs to digitalization and technology. The actions that are once in our dreams turning out to be true. People are penetrating to this change with willingness yet stumblings are there to block too.  Technology is innovation and science, It's for helping human compliance,, Learning both the positives and negatives, Analysing topics makes appropriate narratives,, Constructive Consequences of Digital Economy -  Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the wo...