The digital economy is such a big industry and I've read some quotes in the past that if a business is not on the internet, soon, they'll be out of business. And that seems to be a true thing while for some chosen niches and industries, they can thrive even without the use of the internet and even if they can't go online/digital. While it's also being pressured because of the development and advancement of AI, I believe that this is where things are going to go into this digital and gig economy.
In fact, the digital economy is a large and rapidly growing industry. The message you displayed said “If sellers go offline, they will soon go out of business” represents an important truth in today's market. Although there are many areas that can survive without going digital. But there is no denying the general trend towards increased internet access and digital collaboration.
Of course, it's changes through advancements in AI and other digital technologies. It is high time for businesses to adapt. But it also opens up new opportunities. In growth and income as well. The gig economy is a perfect example of how digital platforms can revolutionize traditional business models. Change and create new opportunities to both entrepreneurs and companies. In this regard, businesses need to embrace digital transformation to remain competitive. Companies can cut costs through the digital economy. Reach a wider audience Improve customer experience and ensuring they remain effective and successful in an ever-changing market.
It's true that the digital economy has opened up a lot of markets, opportunities, and possibilities. Those who are quick to realize that there's so much potential and money on it, get the first dibs and the advantage of being the first. The tech giants that we're seeing right now, they're somehow first on what they do and focused with. That's the reason why they have the advantage because no one has done what they've done or there were people and attempts that have been first before them but they've sticked to their plan and saw the future potential of this industry. And now, they're reaping the success that they're having and maybe in the next 5 years or so, we'd see more advancement on this economy.