The unstoppable forces behind the digital economy – Arab News

Our lives are turning digital in all aspects, from how we wake up to how we cook and handle business. Such changes have given rise to a digital economy that opens up countless new opportunities and challenges for people and organizations around the world.

With the Internet, we can now search for a particular product online, compare different goods, and find authentic answers to our questions — all from the comfort of our homes. This is just a taste of the power of the digital economy.

What is the digital economy?

A digital economy is one based on digital computing technologies. It is characterized by billions of online connections between a mix of individuals, firms, data, processes, and devices and the Internet.

Understanding how the current world economy works is essential for everyone to survive and grow. So, let’s dive deeper into the phenomenon of the digital economy.

Many firms have shifted most, or at least some, of their important operations online. So, businesses today…

Read Full Story: https://www.arabnews.com/node/2099786

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