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Jakarta Post

Digital age: Source of inequality?

  • Dhoni Siamsyah Fadillah Akbar

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PREMIUM
Jakarta   /   Mon, July 8, 2019   /  11:36 am
Digital age: Source of inequality? A wide variety of business models showcased at the seminars show how the application of digital technology has enabled people to enhance their lives, giving them access to education, better healthcare and other personal care services. (Shutterstock.com/INDONESIAPIX )

Entering the era of the digital economy in the 21st century, the development of information and communication technology is growing faster exponentially. This has led to the emergence of a variety of new industries and the disruption of old industries that have changed the face of the world economy, including Indonesia’s. However, the acceleration of the development of digital technology also has a negative impact. The National Bureau of Economic Research journal in 2017 revealed an increase in income inequality in most Organization for Economic Cooperation and Development countries, partly caused by the digital economy. Is that right? Also, what policies are needed to encourage the reduction of poverty and inequality through the digital economy in Indonesia? Amid current conditions, Indonesia’s performance in the digital economy is fairly good. The Creative E...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.