Page 194 - Reclaim YOUR DIGITAL GOLD (without audio)

RECLAIM YOUR DIGITAL GOLD

WHAT WE’VE LEARNED

Data is the new gold. It has surpassed oil as the world’s
most valuable commodity, and it will continue to power
everything we do online.

As a result of the digital revolution and the proliferation
of device connectivity and online users, we are rapidly
approaching an insurmountable stockpile of data that
will be incomprehensible and impossible to process
without the assistance of AI and ML.

AI and ML enhanced processing of data will notably
aid in improving quality of life, making better decisions,
and producing the best results. Manufacturing and
automation, medical and healthcare, banking and
finance, science, insurance, education, and recreation,
as well as customer experience and problem resolution,
will all benefit from the use of AI and ML.

AI and ML will also aid in the delivery of innovations
such as self-driving cars and robotics, as well as the
improvement and innovation of sports and sporting
experiences.

Although we concluded that Information is power, it is
only power for the few people who have access to it. The
“digital divide” describes how socioeconomic, gender
prejudice, and cultural divides, as well as a country’s
infrastructure, economic, and development status, are
expanding social and economic gaps globally. It is also
defined as the ability to keep pace with the shift in how
technology is used and accessed, as well as staying
current with new innovations.

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