Digital Revolution
- The Digital Revolution (also known as the Third Industrial Revolution) is the shift from mechanical and analogue electronic technology to digital electronics, which began in the closing years of the 20th century.
- The adoption of computers and other aspects of digital technology has transformed how humans interact with their environment, and these changes continue to the day.
Social Impact of the Digital Revolution
Positive aspects:
- Greater interconnectedness
- Easier communication
- Exposure of information that in the past could have more easily been suppressed by totalitarian regimes.
- Regarding the economic impact of the digital revolution, there has been a wide- range of impacts.
- For example, without the advent of the internet, globalization would not be a feasible venture in today’s world
- The revolution altered the way individuals and companies interact with each other. Small and medium enterprises today have access to large markets of the world
- The adoption of digital technologies has resulted in a boost in economic productivity and its allied activities.
- With the increase of technical advances, the digital revolution has created a demand for new job skills.
Negative effects
- Information overload,
- The rise in Internet predators
- Forms of social isolation
- Media saturation
- Infringement in personal privacy
- There have been some cases where excessive use of digital devices as well as computers for personal use has been linked to a company’s productivity.
India and Digital Revolution
- The Digital India programme, launched in July 2015, is a flagship programme of the Government of India with a vision of transforming India into a digitally empowered society and knowledge economy.
- India is one of the biggest and fastest-growing digital markets in the world.
- Decisive government action and private-sector innovation are driving rapid, large-scale digital adoption.
- With nearly 1.2 billion mobile subscriptions and 560 million internet subscriptions, India is home to the second-largest mobile subscription base in the world and the second-largest internet.