Promises And Dangers In The Age Of Networked Intelligence (Essay Sample)

Promises And Dangers In The Age Of Networked Intelligence
Introduction
The phrase digital economy refers to all economic businesses on the cyberspace. It is often referred to as the Internet Economy or Web (Colin, 2015).
The conventional and digital economies are merging due to technological advancements and globalization. A digital economy is focused on digital technology — for example, built on computer and digital technologies. It incorporates all corporate, cultural, social, and economic activities facilitated by the internet and extra digital communication technology (D'souza, 2017). Regularly, the digital economy yields outcomes from millions of online users who are linked by devices, processes, and data. It is the basis upon which persons from all over the globe are connected.
Gadgets such as the Internet, online business, Users, Blockchain, Artificial Intelligence, and so on form the foundation of the digital economy (Colin, 2015). The understanding of the digital economy is increased in the globe's business sectors through information and communication technology, which boosts productivity.
Essentially, it is all about your business information, your company's favorable ratio, and customer service. Because of the COVID 19 epidemic, most businesses and organizations have moved their operations online. Working remotely was the greatest option for them to complete their jobs since they didn't have to go to their workplaces, saving them a lot of time (Banga, 2020). Working remotely boosts the economy in the form of digital currency. It was determined by how many internet active users work from home, impacting the digital economy.