What is the digital economy

In the digital economy, data is the most fundamental factor of production. Data, directly or indirectly, comes from people.

Our life behavior generates data

When people use Taobao and Tmall to shop, they generate online shopping and logistics data; when they use Flying Pig to buy airline tickets and hotels, they generate travel data; when they use Boxmall to buy fresh food, they generate daily life data; when they use Alipay to make payments, they generate sales and financial data.

Their social behavior generates data

In projects such as "City Brain" and "Zheli Office" built by Alibaba and Hangzhou City, their vehicle travel routes and driving habits, various cards (health insurance cards, social security cards), and various certificates (birth certificates, academic certificates, marriage certificates) can be Intelligent and thus converted into personal social data.

Therefore, the first step of the digital economy is to use data methods to reconstruct another "data person", who is our incarnation in the data economy.

The daily efforts we make will be reflected in the data, the books we buy to learn new knowledge, the new qualifications we obtain, the business trips we take for enterprise development, the diet we change for health, the good driving habits we maintain to yield to pedestrians, all will become part of our "data person" in the future digital economy. In the digital economy of the future, they will all become part of the "data people".

The power of the digital economy lies in the ability to use unimaginable computing power to solve data on multiple levels. One of the combined wifi bluetooth module key dimensions is personal credit.

In the data economy, this data can be transformed into their credit. We don't need to prove our credit ourselves; a robust level of computation will allow everyone's daily data to be resolved and their credit determined.

What we do every day is not to get credit proof, but just to quietly do the things that we all do, and as long as those things are socially encouraged, they will naturally add to their credit as "data people".

The fraudulent behaviors in the traditional economy, when reflected in the "data people", can be revealed by other "data people" on the one hand, and easily discovered in the data economy because they contradict the previous data on the other hand. These behaviors not only cannot be "rewarded" in the digital economy, but also can be "punished", which is the deduction of points for "data people" in the case of personal credit.

The digital economy brings a relatively fair environment in which good behavior will add points to the credit of "data people" and give them a competitive advantage in the real economy.

Everyone just needs to do their own thing, and they will naturally get the corresponding benefits from the digital economy, and experience the goodwill and fairness of society. Everyone who is honest, active and hardworking will be more likely to be recognized by others and receive "preferential treatment" from society.

The digital economy is a new economic model that is based on a comprehensive and intelligent approach to the behavior, language, image and situation of individuals and people in society, in accordance with the six stages of data collection, identification, selection, transmission, storage and utilization, and finally leading to the rapid optimization and regeneration of resources, thus completing high-quality economic development.

As a new economic form, the digital economy is easier to complete the scale effect and economy of scope, mainly including the information technology industry and the new industry, new economy and new model based on information technology and its traditional industry created in the support and application of information technology, including the industrialization of digital and the intelligence of industry 2 levels.

The digital economy is not a virtual economy, and "data" in the digital economy is not just a modifier, but a generic term for "new tools" that are based on the real economy and affect everyone who lives in the economic system.

In a sense, the application of the new generation of information technology, a key component of the digital economy, has not only changed the methods of information transfer and knowledge acquisition, but is also changing the traditional fields of matching the pattern of resources and demand in their industries, the pattern of value creation, and reconstructing the industrial ecological standards.