The Benefits And Drawbacks Of Digitization

Digital technologies (smartphones and apps as examples or maybe in factory-like curtain makers) have become an indispensable part of everyday life: But what advantages and disadvantages of digitization do entrepreneurs actually have to have on the screen? To what extent can digital opportunities be used to place a sustainably profitable business model on the market? Which dangers of digitization are relevant for the self-employed? This article provides a compact overview.

Since when has digitization been around?

It is not easy or not very expedient to want to commit to a specific date. Ultimately, it is a process that has accelerated rapidly in recent years. Many experts see the invention of the microchip as the beginning of digitization. Suddenly, enormous amounts of data could be processed quickly. In this respect, Moore’s Law provides that the usable computing power is doubled for approx. One to two years. Who can still remember PCs today that was equipped with a meager 128 megabytes of RAM?

What does digitization mean for founders?

Anyone looking for an answer to the question of what digitization means for founders must first find out which part of digitization is meant here. On the one hand, digitization can describe the conversion of data and, on the other hand, it can also describe an age in which analog and manual working methods are increasingly being displaced. This article is intended to provide information about the opportunities and risks of digitization for founders.

How is digitization noticeable?

Before it comes to the advantages and disadvantages of digitization, we should take a brief look at the effects in the private sector as well as in the world of work. Both areas have a direct impact on founders: In this way, digitization can be in focus as added value for the targeted target group and make your own operational processes significantly more efficient and thus cost-saving.

Digitization has revolutionized shopping habits

Online trade (e-commerce) has been booming for years. More and more customers are buying online, with the vast majority using the Internet anyway to make a purchase decision or to secure it with additional information. In this respect, even a small start-up can no longer afford to forego the growth opportunities offered by digitization. These have to be created in the business plan and used consistently in the operational business.

These are the advantages of digitization

  • Newly founded companies are bursting with energy and flexibility. The developments of digitization take exactly this entrepreneurship into account. An example: The technical support – for example for the graphic development of the corporate design – no longer has to sit in the same office or work in the same city. Documents can be exchanged quickly via the data highway. Videotelephony helps if there is a need to talk.
  • If you want to build up a regional business, you need local news in order to know the market situation. This industry news can be searched for using smartphones and tablets. Or even better: Those who subscribe to thematically relevant newsletters will receive the most important information directly in digital form.
  • Those who once invested a lot of money in international telephone calls now rely on Internet telephony and the time spent on the Internet is conveniently debited via the flat rate. Ultimately, this also makes the day-to-day running of the founders more predictable – and cheaper at some points.

These are the disadvantages of digitization

  • Hiring a freelancer to take care of data protection and data security is certainly a good approach. However, you cannot protect yourself against shitstorms, cyberbullying, and other Internet dangers.
  • The chances of many internet-based channels are contrasted above all with the risks of the internet. Anyone who is too open-hearted with their own data runs the risk of being robbed of them. Determining security measures and using them in a targeted manner is more important than ever today.
  • Cyber ​​risks cannot be dismissed through targeted attacks, after all, some prominent examples have become known over and over again in recent years. So you need a certain competence and targeted protective measures to consistently protect your own company or network from virtual threats. At this point, a significant disadvantage of digitization, especially for small companies, becomes apparent: it generates costs. These turn out to be higher, the less internal know-how is available and the more complex the business model is structured in digital terms.

Modern Technology in Saskatoon: Pros and Cons

In today’s world, human beings cannot live without technology like computers, televisions, cell phones, and many more. These technologies have gradually taken over a significant part of people’s daily lives.

Advantages of the technology in Saskatoon

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First, the advancement of technology is useful to humans for quite a few reasons. In the medical industry, technology can help cure more patients and subsequently save many lives. It can also fight very harmful bacteria and viruses.

The development of the computer was a significant point. This improves communication and makes it easier for companies to communicate with other countries. Research is also simplified. You can find the find the best of Saskatoon through your computer.

For companies, improvement in carrying out strategic technology trends means saving time and therefore money. The exchange is faster, especially with the Internet. Global tourism has also grown.

Technology has also increased the productivity of almost all industries in the world. Thanks to the technology, instead of using banks, you can pay with bitcoins.

On closer inspection, new things are discovered every day. For example, when radio waves were uncovered, radio broadcasts followed almost immediately. The same goes for television and electricity. If no one discovered that electricity could be generated, the entertainment industry would not be at its current stage of development.

Technology improves daily life. In the modern industrial world, machines do most of the agricultural and industrial work. As a result, workers produce far more goods than they did a century ago and work less.

Disadvantages and risks of the technology in Saskatoon

On the other hand, the development of modern technology has disadvantages, such as dependence on new technologies. Man no longer has to think. Even if the calculator is a good invention, people no longer do mental calculations and no longer work on their memory. The decline in human capital means an upsurge in unemployment. In some areas, machines can substitute the human mind.

The use of technology certainly requires rules and new laws. For example, using the internet is individual freedom. However, the development of the atomic bomb can never be individual freedom. In fact, it is difficult to enforce regulations when these technologies are introduced – for example, regulations on the imminent arrival of autonomous vehicles.

Since most technological discoveries are aimed at reducing human effort, it would mean that more work would be done by machines. This means less work for people. They are becoming more and more obsolete by the day, as processes are automated and jobs become superfluous.

Internet Technology On Education And Politics

The Internet and Education

Internet technology has become a natural part of our society. We take care of many everyday processes over the internet. We use laptops, tablets, and smartphones and make orders, bank transactions, and appointments online as usual.

According to various stakeholders from education, business, and the international press, the Internet fundamentally changes the education sector. So far, however, application scenarios are only partially recognizable. The current focus is on the design of intelligent learning systems that are intended to make learning easier, more individual, and more effective for students. These Smart Learning Environments (SLEs) are physical spaces that are equipped with digital devices and sensors and enable a seamless connection between virtual and real environments. Such learning settings adapt the content and teaching methods individually to the learning needs of the individual learner. They take into account the respective interests and preferences

The Internet and Politics

The Internet has a large role in politics in terms of governance, activism, and campaign. In fact, there are already debates on how the digital world is changing politics. There are researches and studies on whether the internet is changing the world of politics in a positive or a negative manner. 

Politicians are already coping with the trend. The trend of using the online world on whatever they want their people or constituents to know. Especially during the pandemic that everyone is looking for their leaders to act out or at least reach out with their people.

The online world if used efficiently, will be an effective tool to control, for example, activism. Not all leaders are loved, and all leaders will have people who are against them. Activists who are using the internet to show their hate towards the current government can be easily tracked or traced and will easily be addressed to stop whatever the activists are spreading.

In terms of governance, the digital world is very efficient and effective in reaching out or communicating with everyone. This is also the reason why every department of the government, or even the politician himself, have their own websites for immediate communication with their people.

For aspiring politicians or public workers, the internet can definitely be used for campaigns. Yes, nothing can beat the effect of personal and face-to-face public relations, however, if an aspirant politician will combine it with the use of the internet, the assurance of an absolute bigger market and more audiences are already there. The best wireless access points 2021 is a must so the campaign can be monitored anytime, anywhere.

Digital strategy has its consequences. The consequences will always depend and vary on how it is used and for what purpose it is being used. One thing is for sure, the internet and politics have their benefits and advantages.