Abstract
AbstractThe title of this chapter refers to how current developments in technology are not just one further innovation of the industrial era, but will lead to decisive changes in production methods, markets, labour, consumption and, to a considerable extent, personal and social relationships. But these changes will be happening within the economic and political framework of the period prior to digitalisation and will persist in the globalisation of the economy. These pages will focus on what we believe to be key issues: changes to business and work, changes to the education and training of people in general and the active population in particular, and certain activities that will have a profound effect on the way we communicate and relate to each other.No technological innovation, not even this one, exists and acts in isolation from the socio-political framework. Therefore, it is also important to analyse the policies and strategies that might lead the digital economy in one direction or another, towards an increase in inequality or in welfare. Going further, what our analysis does not cover is how the digital revolution could be of great help to curb the climate crisis, with changes in energy production, mobility, construction and protection of the environment, provided there is political will and consequent action.
Highlights
The Role of the Digital Economy and Policies to Universalise Its Positive EffectsThe digital economy, together with the digital revolution, is here to stay
By ‘digital economy’ we mean that which is mainly based on such instruments as the internet, robotics, big data and artificial intelligence, and which partly dematerialise the economy and partly base the production of goods and services on these digital skills and tools
What we intend to do in this text is to address the issue of the digital revolution and socio-cultural change in a comparative manner between European and Latin American countries involved in the INCASI project, five from each continent
Summary
The Role of the Digital Economy and Policies to Universalise Its Positive EffectsThe digital economy, together with the digital revolution (the so-called fourth technological revolution), is here to stay. The Role of the Digital Economy and Policies to Universalise Its Positive Effects. It is a process that began several decades ago and that shall continue for many more. This economy will coexist alongside the traditional economy, the former will use increasingly more digital instruments. This has been the case with all technological changes ever since the first industrial revolution. By ‘digital economy’ we mean that which is mainly based on such instruments as the internet, robotics, big data and artificial intelligence, and which partly dematerialise the economy and partly base the production of goods and services on these digital skills and tools. It is so strong that to a greater or lesser degree it will eventually permeate most economic activities and many other aspects of everyday life
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