Features of the old and new economy in digital divide

The digital divide refers to the gap between individuals, households, businesses, or geographic areas that have access to modern information and communication technologies (ICTs) and those that do not or have limited access to them. The digital divide can be seen in the context of the old economy and the new economy, which have different characteristics and features.

Old Economy (Pre-Digital Era):

  1. Industrial-based economy: The old economy was based on industrial production, manufacturing, and physical goods.
  2. Limited access to technology: Technology was not widely available, and access was limited to those who could afford it.
  3. Information scarcity: Information was not easily accessible, and people relied on traditional sources such as newspapers, books, and word of mouth.
  4. Geographic barriers: Distance and geography played a significant role in limiting access to information and opportunities.
  5. Hierarchical structure: The old economy was characterized by a hierarchical structure, with those in power holding most of the information and resources.

New Economy (Digital Era):

  1. Knowledge-based economy: The new economy is based on knowledge, information, and services, with a focus on intellectual property and innovation.
  2. Widespread access to technology: Technology is now widely available, and access is no longer limited to those who can afford it.
  3. Information abundance: The internet and other digital technologies have made information easily accessible, reducing information scarcity.
  4. Global connectivity: The digital economy has bridged geographic barriers, enabling global connectivity and collaboration.
  5. Flattened structure: The new economy is characterized by a more flattened structure, with information and opportunities more widely available and accessible.

Digital Divide Features:

  1. Access: The digital divide is characterized by unequal access to technology, the internet, and digital skills.
  2. Skills: The divide is also driven by differences in digital literacy and skills, with some individuals and groups having more advanced skills than others.
  3. Income: The digital divide is often linked to income, with those from lower-income households having less access to technology and digital opportunities.
  4. Geography: The digital divide is also influenced by geographic location, with urban areas often having better access to technology and digital infrastructure than rural areas.
  5. Demographics: The digital divide can also be influenced by demographic factors such as age, gender, and ethnicity.

The digital divide is a complex issue that requires a multifaceted approach to address. Governments, organizations, and individuals must work together to ensure that everyone has access to the technology, skills, and opportunities needed to participate fully in the digital economy.