Economics of digitization

Economics of digitization is about how businesses use technology like computers and the internet to do things in a more efficient way. It's about using technology to do things more quickly and for less money. For example, instead of paying someone to manually enter data into a computer, a computer program can do it much faster and with fewer mistakes. Digital products like books, music, and movies can be sold and shared electronically and they can reach a global audience. This helps keep the cost of these products down and makes them more widely available. As technology continues to change, more and more businesses are looking for ways to use technology to save money and make more money.