The Digital Economy: Transformational Trends and Economic Impacts

Abstract

The digital economy has become a driving force in the contemporary global landscape, reshaping industries and societies. This scholarly article explores the transformational trends and economic impacts of the digital economy. It investigates the key drivers behind this shift, the implications for traditional business models, and the resulting socio-economic changes. The analysis encompasses the role of emerging technologies, digital platforms, and the changing nature of work. Additionally, the article evaluates the challenges and opportunities posed by the digital economy and its potential effects on economic inequality. By synthesizing existing research and providing insights into the dynamic landscape of the digital economy, this article contributes to a deeper understanding of its profound implications.