The need to go digital was felt worldwide when COVID-19 struck the world. From Zoom official calls to online classes, both adults and children felt the importance of going digital which was not only a luxury but became a necessity. The need for having a common digital future was felt due to globalization but restricted international travel.
Here is a list of seven building blocks for a common digital future that, if implemented by the governments of different countries, will not only improve the economy but also the overall well-being of its citizens.
With social distancing and country-wide lockdowns in different countries, both businesses and education were forced into online platforms. This reinforced the importance of having the basic communication infrastructure that gives access to everyone, no matter how remotely they are placed for socio-economic opportunities.
The rural-urban digital divide can be addressed by ensuring access to broadband and high-speed internet connection. However, it can also be ensured by boosting the physical infrastructure for providing basic internet services to all.
With the world going digital, it should be ensured that the citizens are equipped with proper skills to make them fit for the digital economy.
People with proper skill sets were seen to deter the use of the digital tools available to them for creating new opportunities and be a part of the digital transformation which is happening. More people should be trained to make themselves fit for the new technology-driven world.
Digital innovation will create new services and opportunities for the businesses both in terms of models and markets and thus, increasing the efficiency both in the public and private sector. Entrepreneurship should be promoted for further enhancing the digital transformation by providing proper financial help. Also, research and development towards digital innovation should be praised and promoted for giving rise to new business models.
When something new is introduced, there is an overall hesitation to adopt it. It was clearly seen that people were reluctant to get vaccinated against COVID. The same mindset holds true even for the digital transformation which is taking place on such a massive scale.
Governments should work hard to earn the trust of the citizens for the digital environment that they are building. When working online, the security issue becomes a huge problem for many with cases of phishing. In such a scenario, boosting digital security is of utmost importance to earn the trust of the users.
The digital transformation has already started changing the landscape of the markets and the organizations and has started creating new job opportunities. Things are uncertain and people have now started having doubts even of their current job because of the rampant firing which is taking place due to the slow economy.
The crisis should be solved by creating jobs and offering new ways to earn money with programs like Lottery Sambad. In addition to that, a fresh perspective is also required for the labour market structure to ensure that even the migrant workers who are getting displaced due to the pandemic are able to earn their livelihood.
With the members of society spending more time on the online world during the pandemic, there is an urgent need to consider their well-being. Government should use these opportunities for handling different societal issues which are raised by digital transformation.
Also, the lack of economic opportunities can result in violence at home which should be minimized by creating new financial opportunities like Bodoland Lottery to ensure a steady flow of income for managing the household.
7. Market Openness
The COVID-19 crisis has particularly proved to be tough for start-ups and medium-sized enterprises. The government should try their best to ensure that the entrepreneurship attitude of the country stays afloat using digital mediums to expand and grow. Further, it is important to stay inclusive in the online world.
Even after the pandemic is over, digital technology will survive and even change the way we live and work. With growing technologies like 5G and IoT, things will change for the better. However, the resilience for the same should be maintained and boosted and there is an urgent need to revise the traditional way of working for accommodating the digital environment.