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While we can all recognize and appreciate the powerful advantages that the Digital Revolution brings to our fingertips, I write this article primarily so that we would recognize the disadvantages that tag along. If this competitiveness hurts smaller, less efficient and lower-quality entities, it allows us, the consumers, access to a far wider marketplace of goods and knowledge. A book may not have been the best book on the subject, but only needed to be the best book that the library had. Prior to the revolution, stores only needed to compete with other stores in their region.

While not all may appreciate it, the Digital Revolution forces competitiveness on a global scale.

You can find and purchase rare books through online services without getting out of bed. Jobs can be obtained – and worked – in the back of a truck deep in the forest. Start-up companies can begin in a bedroom with a single laptop.

Similarly, we now have a world of online opportunity.

No longer do you need to be the executive of a wealthy business in order to share your thoughts with others on a broad scale – using social media and common technologies, ideas can be shared and innovation can be accelerated.

The Digital Revolution has created tools that are catalysts for sharing ideas.Unlike traditional telephones, cell phones have brought this ‘communication power’ into our hands in the most remote locations. And this advantage is not limited to international communication – we now have instant access to our friends and family members a few miles away. Never before have we been able to communicate real-time with others in distant corners of the world. The Digital Revolution links individuals and groups together.Consider some other advantages of this Revolution: In fact, if you are reading this article, then you are experiencing one of the benefits of the Revolution – it vastly increases the knowledge at our fingertips, expanding our understanding of the world, and compiling entire encyclopedias of knowledge in online databases.

It isn’t hard to see the advantages of the Digital Revolution.

The Digital Revolution, in fact, marks the beginning of a new age: the Information Age. It is due to digital technology that our society is now so defined by computers, smart phones, internet access, and cell phone communication. While not everyone is familiar with the term, the Digital Revolution refers to the shift from technology based on analog and mechanical electronics to digital technology.ĭigital technology allows information to be copied and replicated precisely. Like the Industrial Revolution, the Digital Revolution marks a complete shift in our society, signals a new era, and alters many aspects of our lives. The Digital Revolution is the newest economic revolution.