DIGITAL COMMUNICATION AND U.S. ECONOMIC GROWTH: A COMPREHENSIVE EXPLORATION OF TECHNOLOGY'S IMPACT ON ECONOMIC ADVANCEMENT

Yvonne Oshevwe Okoro, Monisola Oladeinde, Odunayo Josephine Akindote, Abimbola Oluwatoyin Adegbite, Temitayo Oluwaseun Abrahams
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Abstract

This review examines the intricate relationship between digital communication and economic growth in the United States, providing a systematic synthesis of the literature on the subject. With the advent of the digital age, communication technologies have become a fundamental component of economic development, influencing various aspects of productivity, employment, and Gross Domestic Product (GDP) growth. This paper explores the evolution of digital communication, from the internet and mobile technology to cutting-edge developments such as artificial intelligence and the Internet of Things (IoT), and their corresponding impact on the U.S. economy. The review delves into sector-specific analyses, assessing how digital advancements have revolutionized industries like manufacturing, services, and finance. It also addresses the challenges and opportunities that digital communication presents, including the digital divide, cybersecurity threats, and the implications for policy-making. Through a comprehensive examination of empirical studies, theoretical frameworks, and policy implications, this review highlights the significant role of digital communication in shaping economic trends and outlines potential directions for future research. The findings suggest that digital communication not only serves as a driver of economic efficiency and innovation but also poses new challenges that require adaptive and forward-thinking policy responses. The review concludes by emphasizing the need for continued research to navigate the complexities of digital communication in fostering sustainable economic growth. Keywords: Digital Communication, Economic Growth, United States, Technological Innovation.
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数字通信与美国经济增长:全面探讨技术对经济发展的影响
这篇综述探讨了美国数字通信与经济增长之间错综复杂的关系,对有关这一主题的文献进行了系统综合。随着数字时代的到来,通信技术已成为经济发展的基本组成部分,影响着生产力、就业和国内生产总值(GDP)增长的各个方面。本文探讨了数字通信的演变,从互联网和移动技术到人工智能和物联网(IoT)等前沿发展及其对美国经济的相应影响。报告深入分析了各行业的具体情况,评估了数字技术的进步如何彻底改变了制造业、服务业和金融业等行业。报告还探讨了数字通信带来的挑战和机遇,包括数字鸿沟、网络安全威胁以及对决策的影响。通过对实证研究、理论框架和政策影响的全面考察,本综述强调了数字通信在塑造经济趋势方面的重要作用,并概述了未来研究的潜在方向。研究结果表明,数字通信不仅是经济效率和创新的驱动力,也提出了新的挑战,需要采取适应性和前瞻性的政策应对措施。综述最后强调,有必要继续开展研究,以驾驭数字通信在促进可持续经济增长方面的复杂性。 关键词数字通信、经济增长、美国、技术创新。
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