The Digital Economy

It is around to stay, and the concerns of the government are not going to make it go away (Sahlman, 1999).

             The digital economy will work because it has fewer barriers to trading and dealing with other countries than the traditional business methods. It will work because it is built on a solid foundation of good business ideas and planning. Most of all, it will work because people want it to. They believe in it and they will see that the digital economy goes forward, no matter what the cost. The digital economy has not quite made it around the globe yet, nor has it accomplished everything it wants to accomplish, but it is still in its infancy. When it finally makes it around the globe and insinuates itself into every transaction that is made, however small that transaction may be, every business transaction will be faster, easier, safer, and more convenient than ever before. That is something that many businesspeople all around the world are looking forward to. So are consumers. No more lines, no more hassles; just the ability to get business done and have the time to go on to something else.

             All of this has come about because of information systems and computing. Information systems and computing have become more widespread in many organizations throughout the last 15 years and the amount of this has deepened and infiltrated almost every level of organizations (Adams & Sasse, 1999). Some of this has to do with the fact that personal computers have become more powerful and increasingly less expensive (Adams & Sasse, 1999). This has created the ability to have computing power and management information systems tested and placed into the hands of many more individuals throughout various organizations, and this includes the government (Adams & Sasse, 1999). How computers are used and the nature of what they are needed for has also changed recently because computers have come into many more homes (Adams & Sasse, 1999).

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