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New Media and New Digital Economy

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(Photo: Princeton University, Office of Communications)

 

We Are Entering a New Era of Cybernetics and Informatics - 

Embracing the New Media World for Sustainable Growth

 

 

- The Future of New Media

New Media is a 21st Century catchall term used to define all that is related to the Internet and the interplay between technology, images and sound. In fact, the definition of new media changes daily, and will continue to do so. New media evolves and morphs continuously. What it will be tomorrow is virtually unpredictable for most of us, but we do know that it will continue to evolve in fast and furious ways.

New media are forms of media that are native to computers, computational and relying on computers for distribution. Currently, some examples of new media are websites, mobile apps, virtual worlds, multimedia, computer games, human-computer interface, computer animation and interactive computer installations.  

 

- The New Digital Economy

The New Digital Economy (NDE) is emerging from a combination of technologies, mainly from the ICT (Information and Communications Technology) space, that are becoming pervasive across mechanical systems, communications, infrastructure, and the built environment, and thus playing an increasingly important role, not only in social and political life, but in research, manufacturing, services, transportation, and even agriculture.

The technologies underpinning the NDE, most importantly, include: advanced robotics and factory automation (sometimes referred to as advanced manufacturing); new sources of data from mobile and ubiquitous Internet connectivity (sometimes referred to as the Internet of Things); cloud computing; big data analytics and artificial intelligence (AI).  

The rise of new digital industrial technology, known as Industry 4.0, is a transformation that makes it possible to gather and analyze data across machines, enabling faster, more flexible, and more efficient processes to produce higher-quality goods at reduced costs. This manufacturing revolution will increase productivity, shift economics, foster industrial growth, and modify the profile of the workforce—ultimately changing the competitiveness of companies and regions. 

 

- Possible Research Topics

 

 

 

 

[More to come ...]
 

 

 

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