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The term was coined by Erik Brynjolfsson in a 1993 paper ("The Productivity Paradox of IT") [1] inspired by a quip by Nobel Laureate Robert Solow "You can see the computer age everywhere but in the productivity statistics." [2] For this reason, it is also sometimes also referred to as the Solow paradox.
To reconcile the bottom-up and top-down definitions of the Digital Economy, Bukht and Heeks stated that the Digital Economy consists of all sectors making extensive use of digital technologies (i.e. their existence depends on digital technologies), as opposed to sectors making intensive use of digital technologies (i.e. simply employing digital ...
The difference between economic classes has been a prevalent issue with the digital divide up to this point. People who are considered to earn low income use the internet at a 26% rate followed by lower-middle income at 56%, upper-middle income at 79%, and high income at 92%.
In economics, it is theorized that initial adoption of a new GPT within an economy may, before improving productivity, actually decrease it, [4] due to: time required for development of new infrastructure; learning costs; and, obsolescence of old technologies and skills. This can lead to a "productivity J-curve" as unmeasured intangible assets ...
3 Reasons to Buy Computers With Credit Cards. Ashley Maready, The Motley Fool. October 2, 2024 at 7:00 AM. Woman working from home using computer, phone, and laptop. Image source: Getty Images.
The digital divide in Ethiopia refers to inequalities between individuals, households, and other groups of different demographic and socioeconomic levels in Ethiopia in access to information and communication technologies ("ICTs") and in the knowledge and skills needed to effectively use the information gained from connecting. [1] [2] [3] [4]
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