Business is a theme park, and the economy is the most thrilling attraction. Unpredictable, uncontrollable, and subject to change, the economy is a ride where one’s best bet is to buckle in and try to make the most of the experience. In recent decadaes, economists have been trying to make the most of a technological and economic adventure referred to as “the new economy.” Observers consider the new economy an unprecedented phenomenon, a frontier that requires a heightened degree of forward thinking and planning from workers in order for them to achieve success. According to analysts, people in the 21st century workplace must have a combination of digital literacy, adaptability, and global awareness in order to prosper in the new economy. Given such, I feel as though I will be prepared for success with continuous personal and educational development.
The new economy, simply put, refers to the economic, business, and cultural infrastructure built atop the development and dominance of technology and services (Droke). The concept became most popular …show more content…
In its simplest form, digital literacy includes technological skills and competencies that people of the 21st century workforce are expected to have. Technology is the way of 21st century life. In addition to revolutionizing the way businesses operate, technology has revolutionized basic functions of daily life. Consider the advancement of communication technology: what used to be said through manually delivered letters progressed to the telegraph, to the telephone, to emails, and then to text messaging (Why). Communication technology continues to advance beyond touchscreens, speech, and gestures as scientists and engineers explore ways to communicate via brain-to-machine communication and interface technology