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Digital in sentence

2581 examples of Digital in a sentence

In Kenya, M-Pesa – which transforms one’s phone into a mobile wallet – has leveraged powerful network effects to bring about a vast expansion in the share of adults using digital financial services.
Traditional financial-services accounts tend to grow at the pace of national income, but M-Pesa’s adoption rate has been dramatically faster, demonstrating that digital finance can achieve significant market penetration rapidly even in the world’s poorest countries.
Even when people have recognized IDs, they must be amenable to digital authentication.
With billions of people in emerging economies already using mobile phones, digital finance makes this goal achievable.
Quintarelli emphasizes that, “Effective competition is a powerful tool to increase and defend biodiversity in the digital space.”
“Ever since the World Economic Forum started to discuss personal data as a new asset class in 2011,” she told me, “personal data markets have thrived on the idea that personal data might be the ‘new oil’ of the digital economy as well as – so it seems – of politics.”
As a result, “more than a thousand companies are now involved in a digital information value chain that harvests data from any online activity and delivers targeted content to online or mobile users within roughly 36 seconds of their entry into the digital realm.”
Even the digital world is being affected by emerging-market growth.
It may well involve revolutions in bio-, nano-, and digital technology, together with a social-networking revolution that eliminates geographical and cultural barriers.
A key question is whether a post-European UK could remain part of Thatcher’s creation, the single market, especially as it is extended to the digital domain and augmented with free-trade treaties around the world.
But digital technology is institutionally naked.
The Internet revolution of the past two decades has contributed something like 8% of global GDP and brought three billion users online, narrowing digital, physical, economic, and educational divides.
The Commission concluded that sustaining unhindered innovation will require that the Internet’s standards are openly developed and available; that all users develop better digital “hygiene” to discourage hackers; that security and resilience be at the core of system design (rather than an afterthought, as they currently are); that governments not require third parties to compromise encryption; that countries agree not to attack the Internet’s core infrastructure; and that governments mandate liability and compel transparent reporting of technological problems to provide a market-based insurance industry to enhance the IOT’s security.
Some 80 years later, the English city of Hull has begun to implement a similar scheme, using a digital crypto-currency that is, so far, not prohibited by law.
To achieve this, the McKinsey study recommends that governments, non-profits, and businesses emphasize progress in four key areas: education, legal rights, access to financial and digital services, and unpaid care work.
Improved access to financial services, mobile phones, and digital technology is also linked to higher rates of female labor-force participation, including in leadership roles, and decreased time spent doing unpaid care work.
The rise in inequality today is largely due to technological change, such as rapid advances in robotics and digital technology, and it has been aggravated by heightened awareness on the part of the poor.
The leaps in machine intelligence, along with the connection of human beings around the world in a common digital network, will enable the development of new technologies, goods and services.
The German economy is not as successful as many believe: workers have scarcely benefited from the country’s export prowess, public investment is inadequate, and its manufacturing heartland, which specializes in incremental innovation, is ill-prepared for looming digital disruption.
The creation of digital databases allows for systematic mining of scientific output and offers a broader foundation for new investigations.
While Indians have traditionally been wary of buying online, owing to their distrust of digital security, in recent years the urban middle class has become increasingly accustomed to using the Internet to purchase airline tickets, reserve hotel rooms, and order books.
Now, digital platforms – including powerful American companies – are scrambling to adjust.
The rise of the digital economy, dominated by people in their twenties and thirties, is also pushing older workers to the margins.
This is in line with the so-called Solow computer paradox: productivity gains lag behind technological advances – a notable phenomenon during the digital revolution.
The resulting “AI divides” will reinforce the digital divides that are already fueling economic inequality and undermining competition.
MGI’s models indicate that job profiles characterized by repetitive tasks and little digital knowhow could fall from some 40% of total employment to near 30% by 2030.
Meanwhile, the share of jobs entailing non-repetitive activities or requiring high-level digital skills is likely to rise from some 40% to more than 50%.
This shift could contribute to an increase in wage differentials, with around 13% of the total wage bill potentially shifting to non-repetitive jobs requiring high-level digital skills, as incomes in those fields rise.
The advanced economies have a clear advantage in adopting AI, because they are further along in the implementation of previous digital technologies.
By contrast, many developing economies have insufficient digital infrastructure, weak innovation and investment capacity, and thin skills base.
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