DIGITAL ERA

The digital era is the present time when digital technologies like computers, the internet, mobile phones, and cloud computing are widely used and adopted, changing many parts of society, business, and culture.

DIGITAL ERA
DIGITAL ERA

Digital technologies are ushering in a new era in development—by transforming economies, creating jobs, and improving the lives of even the most vulnerable and remote populations. They have dramatically changed the way we communicate with each other, how we conduct business, and our interaction with the environment. The international community has an unprecedented opportunity to help developing countries reap the benefits of digitalization while mitigating the risks and ensuring that, working together, through accelerated investments and policy reforms, we can close the digital divide.  

Global digital transformation is moving at lightning speed. The digital divide is depriving too many people and businesses of transformative opportunities to access services, create value, and cut emissions. It’s time for the global community to work together to carve out a new development path to prepare for the increasing digital disruption that all countries will face over the decades to come.

Development of the Digital Era

It is important to realize that the digital age is not just one monolithic thing — rather it is a sequence of progressive steps. Today we are probably only in the midst of the transformation between the pre-digital age and the post-digital age. To truly understand this progression, it is important to see where we came from, as well as where we are headed.

Pre-Digital

Pre-digital technology was a time when devices had just one function. Media channels were all one-way communication, tv, newspaper, radio, and magazines. Though this phase was not too long ago, this period of technology is one that many look on with fond nostalgia. During this phase, retail was still the primary means of obtaining goods and services. While products gradually transitioned to be more digital with encyclopedias moving online and phone books becoming searchable repositories, it was still a simpler time.

Mid-Digital

The mid-digital phase is where we are now. Companies have embraced digital more and more in concept, but they’ve not yet fully grasped how expectations have changed. While TV cord-cutting continues to grow in popularity, a majority of the population still uses traditional cable services. There continues to be a disconnect where some transit agencies have shifted to card payments, while others still require cash. There is no continuity of experience across the board.

Post-Digital

In the post-digital age, digital itself will move into the background. Just like electricity and its impact on business and individual life, digital will also become ubiquitous. In this new digital age, the internet will be available everywhere and things like smart cars and smart homes will be the norm. The concept of restrictions based on location will be a thing of the past. There will be both new freedoms and new challenges to explore in this age, with a population born where digital is just a fact of life.

The pro & cons of digital era {digitalisation}

his new digital era can be daunting and worrisome for some, especially the older generation who often disapprove of this new way of doing things.

But how beneficial really are these digital developments? Here, we take a look at the advantages and disadvantages of digital era.

pro~

  • The digital era brings all kinds of information to our very fingertips thanks to the centralisation and accessibility of data. For example, people now rely heavily on computers and mobile phones with internet, which give you an immediate answer to any questions you might have.
  • Digital era has also transformed our ability to communicate, with numerous apps which allow us to send messages to each other immediately and in many different formats. For example, mentioning someone’s name on a social media  post or doing a video call.
  • We are also better able to communicate new ideas thanks to digital era, which helps them to spread more quickly. We no longer only have access to the thoughts of the wealthiest, most powerful members of society; anybody has the ability to get their message out there now.
  • Digital era has opened up a new world of opportunity when it comes to jobs, due to the remote working that the internet has allowed for. There are now completely new job roles like internet technology specialists, stock trading and anyone can open their own online business which is an amazing new advantage.
  • Lastly, it has increased commercial competition so much that consumers now have so many more options to choose from, which is a positive as it means that we are no longer dictated to by the biggest companies and the prices they decide to charge. The digital era is also bringing digital currency which makes financial exchanges faster and easier, which is especially advantageous for international trade. There are some consumers that believe cryptocurrency may become the most popular type of currency soon. Consumers that wish to buy and sell cryptocurrency can setup a free account in a matter of minutes.

cons~

  • The benefits of digital era have a flip side. The centralisation of control over our wealth and personal information means that we are putting all of our eggs in one basket. While technology eradicates human error, it is not immune to failure so by relying on something that is not 100% reliable, we are running the risk of losing control of our assets. Handing control over also opens us up to digital crime like hackers, who have unknown destructive potential.
  • The ease of communication can have a negative impact on our real-life social skills and weakens the strength of the community.
  • Easy access to information increases the chance of its misuse, for example, incorrect self-diagnosis for health conditions, and allows the spread of false information which can be used for manipulative purposes.
  • Finally, the fast-paced, shallow nature of digital exchanges could create a more passive society that is unable to consider ideas on a deeper level or with any passion.

Digital era has many obvious advantages such as accessibility to information, easy and immediate communication and ability to share information, new jobs, and increased commercial competition.  However, there are also downsides to this such as dependence on an unreliable source, the risk of being hacked, the weakening of social skills and the sense of community, and the misuse of information. So, overall, is it really beneficial to us? For more discussions on the latest technology, take a look at hare

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what is the purpose of digital era?

The Digital Era is characterized by technology which increases the speed and breadth of knowledge turnover within the economy and society. Evolutionary theory, as an explanation of the system we live in, states that sustainability relies on knowledge turnover.

what is the impact is digital era?

Digital technologies are ushering in a new era in development—by transforming economies, creating jobs, and improving the lives of even the most vulnerable and remote populations. They have dramatically changed the way we communicate with each other, how we conduct business, and our interaction with the environment.

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