Digitization History and its Impact on the Economy, Employment, and Society

Abstract

The rapid Digitization of the global economy has ushered in a transformative era, profoundly impacting various facets of society. This article delves into the history of Digitization, tracing its roots from the emergence of computers to the Internet age. It explores how this digital revolution has increased economic productivity and efficiency, creating new opportunities for businesses and individuals. However, it has also raised concerns about job displacement and the digital divide. Ultimately, the article highlights the imperative for policymakers to balance technological advancement and inclusive economic growth to ensure a prosperous and equitable future.