The digital economy refers to the economic activities that are based on digital technologies, including the production and consumption of goods and services. In simple terms, it’s the part of the economy that operates online or involves digital processes.
The digital economy has come a long way since the early days of the internet. Initially, it was primarily focused on e-commerce, but over the years, it has expanded to encompass a wide range of activities. It includes everything from online shopping and digital entertainment to remote work and the use of advanced technologies like artificial intelligence and blockchain.