Digital economy - new opportunities for business

Digital economy - new opportunities for business

The concept digital economy every day enters our life more surely. In the future she is capable to force out material completely. Many already got used to use non-cash payment and to shop online. In what an essence of digital economy and what the electronic economy threatens mankind with?

Digital economy - what is it?

This type of economy can be considered as a certain model which already to some extent functions. The digital economy is such economy where as industrial complex, the production system creating products and services, providing life and comfort of the person, the population a certain cyberphysical system acts.

Digital economy in the international business

Many beginning businessmen want to know whether the digital economy gives new opportunities for business. Development of digital economy is capable to influence the internal and external environment of the international business. In the sphere of information and communication technologies there are cardinal changes which cannot but be reflected in the different directions of functioning of the companies. Thanks to the Internet, even new and small of them can sell own products worldwide. Having insignificant investments, the companies appear and grow quickly.

By means of information technologies there is such opportunity to reduce costs and at the same time to increase efficiency and labor productivity in many branches of economy. At the same time position of the companies in the market taking into account digital economy becomes harder and harder. Risks and level of uncertainty of time of adoption of strategic decisions increase. This situation is connected with not a really steady environment because of dynamic changes at the technological level, increase in the competition, influence of the state on economy.

Technological changes peculiar to digital economy can create new market rules for business of producers and buyers. In the similar environment of the company have to look for new competitive strategy and increase effectiveness of competition. To survive and at the same time to develop in new conditions, to the companies to have to increase own competence of the sphere of digital information technologies.

What does transition to digital economy threaten with?

Not each modern beginner and already experienced businessman sees efficiency of digital economy. There are also those who are sure that it poses a threat for the population. So, there is an opinion that the most important manifestation of digital economy – mass introduction in production and in the service industry of robots.

Recently even the international organizations understood risks which robotization of economy as robots practically force out people is capable to bring for itself. According to forecasts in the next decades in Third World countries there will be without work two thirds of people. Not casually the problem will concern these countries as here production of goods which is exposed to robotization prevails.

In the western countries the robotization is included into a new phase. In present time after completion of robotization of production of goods the robotization of the service industry begins. All know that the most part of the population is engaged in the service industry here. This process will be shown in the industry of bank service, transport, trade. Over time people will be forced out by cars, robots.

Future of digital economy

At the end of the last century the non-cash digital money was official. They were emitted by the central banks and they were called deposit money. Now the new class of money, called private digital money begins to appear. First signs it is possible to call bitcoin. According to many experts, it will not make simpler life of people. At the same time essential it is possible to call a role of youth in digital economy, it is simpler to them to adapt to new technologies, than people of the senior generation.

Professions of digital economy

It is obvious that development of digital economy will concern also the sphere of employment of the population. So in the future there can be such professions:

  • personal brand manager;
  • virtual lawyer;
  • moderator of the platform of communication with representatives of public authorities;
  • infostilist;
  • digital linguist;
  • time broker;
  • interface designer.

Digital economy - books

To learn that the digital economy means everyone can thanks to special literature:

  1. Digital finance V. Katasonov. In the book attention is paid to financial and economic aspects of the digital future.
  2. Digital economy of the future: uberization and platforms A. Pavlyuts. The author tried to open vision of future digital economy.

Author: «MirrorInfo» Dream Team


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