Digital Economy Series (#9): Who and what is holding us back from a fully digital economy?

Given the obstacles faced, it is a wonder that we have so far been able to thread the needle of change.

Paul Tero
4 min readFeb 6, 2020
Shutterstock

Among many responses to the to the unfolding phenomena of a digital economy there are two that stand out. The first, is “yes, we will be enmeshed in a full digital economy by 2050”. The other, and more phlegmatic, response is “potentially, we could be enmeshed in a fully digital economy by 2050”. Upon examining the reasons for the less than full-hearted second response, we reveal the forces arrayed against change. What follows is an assessment of the second response.

Consider the fields of human affairs in which we are experiencing change. There’s environmental change, shifts in international and domestic politics, technological advances and the constant innovation in the health and human services sectors. Let us not neglect the spheres of finance, education, and governance. The list goes on. Trends, change and drivers of change. All threads in the dynamic tapestry of early 21st Century life.

The status quo is represented by the world of atoms

In among all of this we are examining the digital economy and who and what is stymieing what some would…

--

--

Paul Tero

Futurist, International Educator, Speaker and PhD Candidate (researching the “industries of the future”). More at https://delliumadvisory.biz