Wednesday, January 14, 2015

Digital Economy

Consumers are buying less of the physical media at an increasing rate. Instead they are leaning more toward renting. If you're not paying for a service with cash, the company is using your data as a currency. This trend will continue, forcing us to learn how to trade data the way we trade other currencies. The economy is also trending toward the "I want it now" landscape. On-demand is nothing new but with the expanding technology and cloud services, it is easier than ever to get things that you want right that second. On-demand video and audio are very commonplace but on-demand car services and hotel rooms are also emerging and it is creating some uproar. These are the trends and they are not going to slow down any time soon. The internet of things as well as the hardware are getting closer to replacing workers and certain jobs. It will happen, just look at how far we have come now from the past decade.

4 comments:

  1. The best part about cloud services is that you can access the data and documents on any device.

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  2. A downside to cloud services is that they can be hacked. You have to make sure that all your software is up to date.

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  3. With cloud services, you can also collaborate with people in real time. It will eliminate the need for everyone to actually be in the same room together.

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  4. If you are running a business, you should also consider having internet phone services. It will make your business look larger and more professional.

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