Digital transformation, a significant change in the business and societal landscape, is driven by several emerging technologies. These include artificial intelligence (AI), the Internet of Things (IoT), robotics, blockchain, and 3D printing. This shift is not just about technology, but about the future of humanity, as it alters societal constructs and business models.
The pace of change is accelerating, making it difficult for individuals and organisations to keep up. This rapid transformation is creating a divide between technology leaders and followers, with the former reaping the benefits of innovation and the latter struggling to adapt.
The transformation is not limited to the business realm. It has profound implications for society, impacting our health, learning, and even our human rights. The future of work is a key concern, with automation and AI threatening job security.
On the positive side, technology can also drive social good. For instance, AI can help solve complex societal problems, and blockchain can aid in achieving transparency and trust.
In the face of this transformation, the key to success lies in learning agility, the ability to learn, unlearn, and relearn. This includes understanding the implications of technology, developing new skills, and embracing change.
Despite the challenges, the digital transformation offers immense opportunities. It is a journey that requires vision, courage, and a willingness to disrupt the status quo.
Go to source article: https://medium.com/@frankdiana/digital-transformation-of-business-and-society-5d9286e39dbf