Why do we need to develop the digital economy?

Development Digital Economy is the trend of the new round of scientific and technological revolution and industrial change. At present, the speed of digital technology innovation and iteration has accelerated significantly, becoming the technological innovation field that gathers the most innovative elements, has the broadest application prospects, and has the strongest radiation-driven effect. Artificial intelligence, big data, the Internet of Things, cloud computing, blockchain, virtual reality, mobile Internet and other representatives of the new generation of information technology rapid development, and constantly spawned new products, new modes of new forms of new industries.

Related Notes

The characteristics of the digital economy show that in the innovation stage of knowledge, the wider the scope of knowledge application and the more customers involved, the more value can be created. In the diffusion and imitation stages of knowledge, the marginal payoff of knowledge declines in developed countries due to timeliness issues. In developing countries it maintains high marginal returns.

Because for developing countries, this knowledge is still the most up-to-date and time-valuable. Information technology is in a phase of diffusion and imitation since it entered the 21st century, and it is in the best interests of developed countries to diffuse it to developing countries, which can greatly increase the speed of informatization in developing countries.