The digital revolution helped usher in a new age of mass surveillance, generating a range of new civil and human rights issues. Reliability of data became an issue as information could easily be replicated, but not easily verified.
The ” digital revolution ” is impacting everything, from economy, innovation, science and education, to health, sustainability, governance, and lifestyles. Digital technologies will fundamentally change business models, institutions and society as a whole, as new ecosystems emerge.
The Digital Revolution began between the late 1950’s and 1970’s. It is the development of technology from mechanical and analog to digital . The introduction of digital technology also changed the way humans communicate, now via computers, cell phones, and the internet. This revolution led way to the Information Age.
Terms in this set (26) digital revolution (4 phases ) data processing ( phase 1) personal computing ( phase 2) network computing ( phase 3) cloud computing ( phase 4) the cloud. digital divide. globalization. computer classification.
Clearly, the digital information revolution is opening up an amazing array of information for people to get access to, particularly through the Internet. In short, making the world in- telligent and more alive with information is the key to improved quality of life and social progress.
Google allows you to answer almost every question that pops into your head. Social media allows you to connect with like-minded individuals around the world. E-commerce allows you to sell products to a global marketplace.
The Fourth Industrial Revolution is a way of describing the blurring of boundaries between the physical, digital, and biological worlds. It’s a fusion of advances in artificial intelligence (AI), robotics, the Internet of Things (IoT), 3D printing, genetic engineering, quantum computing, and other technologies.
Digital Natives are called by many names -Millennials and Gen Y. They are approximately ages 10- 29 years and born into the digital age .
Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business.
3 • Transforming into a digital business The third stage in the digital transformation journey is to turn the financial adviser or wealth manager into a digital business. This requires a change of the business model by leveraging the full potential of technology to reshape products and services.
The 4 Industrial Revolutions The first Industrial Revolution 1765. The first industrial revolution followed the proto- industrialization period . The second Industrial Revolution 1870. Following the first Industrial Revolution , almost a century later we see the world go through the second. The Third Industrial Revolution 1969. Industry 4.0 .
Although we ‘re still clearly in a digital era , Accenture posits the term “post- digital ” as a means of embracing a reality many have come to accept: Digital technology is no longer a valuable addition to business; it’s a core element of remaining viable.
The Digital Revolution also marks the beginning of the Information Era . The Digital Revolution is sometimes also called the Third Industrial Revolution .
Ironically, amid all this transformation the digital revolution itself is ending. Over the next decade, new computing architectures will move to the fore and advancements in areas like synthetic biology and materials science will reshape entire fields, such as healthcare, energy and manufacturing.