The quote highlights a significant shift in the economic landscape over time. It suggests that economies are moving away from traditional industrial foundations towards a more digital and information-based framework, which has been ongoing for some years now. The next phase of this evolution involves creating a digital economy where connectivity plays a crucial role.
This statement underscores the evolving nature of global economics and the increasing importance of technology in shaping economic structures. It implies that as societies become more digitally connected, traditional industrial metrics might no longer suffice to measure or drive growth effectively. Instead, new paradigms are emerging, focusing on data, internet infrastructure, and digital services. This shift not only impacts how businesses operate but also affects government policies and social interactions. As connectivity enhances across different sectors, the economy becomes more interconnected and reliant on digital technologies for innovation and expansion.
The quote is from Om Malik, a well-known technology journalist based in New York City. Malik has been writing about the tech industry since 1997, contributing to several prominent publications such as The Wall Street Journal and GigaOm. His insights often focus on how technological advancements are reshaping various aspects of society, including business models and consumer behavior.
