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Popular Digital Applications of New Technology for Large Consumer Industries

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Popular Digital Applications of New Technology for Large Consumer Industries
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Some may think it is redundant to write about how much technology has changed consumer society, after all, it’s the world we are living in. However, we don’t often reflect on how technology has changed how we use household consumer goods and services. It’s hard to even imagine some technological changes that will occur over the next century, let alone the next decade.

News and Media

Learning about the news media is inescapable. Current events and politics shape and reflect a country’s society, and determine many things about a person’s life.

While the news media has gone through many sort of revolutions from medium-to-medium, there has been no change like the digitalization of the news. People are now able to surf the web to scour for news information seconds after an event happened, forcing companies to compete for viewers’ immediate attention.

The rise of social media and digital communications platforms has created a new public square, making news sources prioritize expediency and readability. Social media has become a new public square where we express ideas, find new communities, and share interests.

Sports

The sports industry has also been changing drastically since the introduction of digital technologies. The sports industry is growing thanks to social media platforms and advanced sports statistics websites and applications. People now also compete online in esports tournaments, something which was unthinkable just a few short years ago.

Many well known companies in the sport industry have made effective transitions into the digital age, like ESPN and the various assortment of sport leagues: NFL, NBA, MLB, Premier League, MLS, etc. New companies, such as Unibet Indiana – a great source for live sports updates and betting – has been gaining massive public attention and is one of the leading online sports news, betting and casino sites in the US.

Education

The internet offers a surfeit of information, and it is sometimes difficult to filter important information from junk. With that being said, many companies created effective platforms for sharing educational content.

The now common phrase “Just Google It” literally applies to anything you want to learn and is the motto for many new education platforms. In fact, Google itself, and its subsidiary YouTube, have been a catalyst for how we learn information.

There are a number of new ways of showing information online for any sort of subject, however one of the most important skills nowadays is language learning. Digital technologies allows more people to work remotely, creating a more globalized and interconnected community. Language learning apps like Duolingo and Pimsleur have become important tools to connect people. .

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Finance

Fintech is one of the most up in the air industries to discuss from this list because it is likely that the changes we have seen are just the start of what is to come.

The growing ubiquity of cryptocurrency as a source of secure payment will have many believing that it is the way of the future. Bitcoin, Ethereum, and DogeCoin have become major investment opportunities for private investors and banks. Even country-run banks have been looking into integrating or creating crypto currency as their major form of currency.

Conclusion

It is hard not to be excited about where digital technology is going. Other technologies like artificial intelligence, robotics, and automatic driving will become integrated in our lives in unimaginable ways over the next 20 years. There is a lot to look forward to.

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