The Future of Digitalization: Will All Our Information Become Digital?

As we stand on the brink of the digital age, it's clear that technology will continue to play a larger role in our daily lives, leading to increased digitalization of many activities and industries. This shift is marked by advancements in Artificial Intelligence (AI), Virtual Reality (VR), and other emerging technologies. However, it's crucial to recognize that not everything will be digitalized, and there will be a balance between digital and physical experiences and objects.

Generation of Digital Natives

One significant aspect of this digital age is the arrival of a new generation of individuals who will be born digitally native. These individuals are likely to experience the world through technology from an early age, making them inherently more adept at digital communication and information access. According to Robert Kormoczi's article in Times International, this generation and the next will be born with a deep understanding and familiarity with digital tools and platforms.

Access to Knowledge and Digital Nomadism

The digital age offers unparalleled access to knowledge. With just a few clicks on our phones or computers, we can access nearly all of human knowledge. This information-driven landscape makes data as valuable as oil, if not more. As a result, people are increasingly working from home, pursuing digital nomad lifestyles, or settling down in quieter rural areas without the need for physical offices.

Impact on Various Industries

While many sectors such as the Agricultural and Manufacturing industries will adopt advanced technologies, fundamental human needs such as food, housing, and transportation won't disappear. People will continue to eat food, live in houses, and travel in vehicles. Hard materials and physical objects will still be essential in many aspects of life. However, these industries will leverage advanced technologies to enhance production, efficiency, and sustainability.

E-commerce and Digital Business

In the business sector, e-commerce is likely to become the predominant mode of business and household purchasing. Companies will compete by focusing on mass production, fast delivery, and quick services to stay ahead of the curve. While e-commerce will play a central role, traditional physical stores won't disappear entirely, catering to those who prefer tactile and personal interactions with physical goods.

Sustainability and Holistic Operations

Company functions will preserve their uniqueness when it matters, such as for confidentiality, but still operate within a holistic whole. This balance between digital and physical experiences is crucial for maintaining customer trust and satisfaction. For instance, a digital company might have a physical presence to facilitate customer interactions or maintain a sense of community.

Broad Scope of Digitalization

While the term 'digital' is broad, it essentially refers to the use of technology to communicate, store, and process data. Digital communications include technologies like computers, internet, email, video conferencing, social networking, and cell phones. In the future, we will need to communicate more efficiently without the use of paper trails, telephone books, dictionaries, and traditional documentation methods. The shift towards digital technology will revolutionize the way we conduct business and interact with each other.

However, it's essential to recognize that not all information and experiences will be digitalized. Some people may prefer the tactile and personal aspects of physical goods and interactions. As technology evolves, it's likely that there will be a healthy balance between the digital and physical worlds, allowing us to enjoy the benefits of both.

In conclusion, the digital age is here to stay, but it's not about entirely digitalizing everything. It's about finding the right balance between the digital and physical world, enhancing our lives without losing what makes us human. As we embrace the future of digitalization, it's important to consider how we can create a sustainable and inclusive digital environment that serves all aspects of our lives.

Keywords: Digitalization, Digital Nomad, Digital Age, Virtual Reality, eCommerce