Digital Globalization - A New Phase of Global Streams (Artificial Intelligence and Cyber Security Apps)

Zhang Rui; Amiya Bhaumik

doi:10.36948/ijfmr.2023.v05i04.4850

Digital Globalization - A New Phase of Global Streams (Artificial Intelligence and Cyber Security Apps)

Author(s)	Zhang Rui, Amiya Bhaumik
Country	China
Abstract	The widespread use of digital technology in international commerce, economics, and the circulation of financial capital has greatly contributed to defining the features of globalisation in the 20th century. By the year 2008, direct financial and economic turnover had drastically decreased, and a new sort of flow, known as "digital globalisation," was beginning to develop. Both of these trends may be attributed to the global financial and economic crisis of 2008. These two trends were both observable at the same time. These endeavours have been propelled forward by the use of data science, technologies such as AI systems, cyber security, virtual reality, social media, and the digital tax system, as well as other technological advancements. Direct financial and economic turnover. Because the process of developing digital globalisation did not happen overnight, it is essential to understand the historical development of that process within the context of the many different industrial revolutions. Robots, artificial intelligence, large amounts of data, and cloud computing are just few of the technologies that play an essential part in these processes. This argues that contemporary globalisation is the product of new digital flows and an unstoppably developing phenomenon that will connect nations around similar interests, economics, and politics; and that, despite the problems, digitalization will still be able to encompass all regions of the world. In other words, globalisation is the result of new digital flows. In conclusion, the evidence that has been shown in this article suggests that contemporary globalisation is the result of new digital flows and a phenomenon that is unstoppably spreading and will unify states around comparable interests, economics, and politics.
Keywords	Globalization, Human Resources, Financial and economic turnover, Digital flows
Field	Business Administration
Published In	Volume 5, Issue 4, July-August 2023
Published On	2023-07-29
Cite This	Digital Globalization - A New Phase of Global Streams (Artificial Intelligence and Cyber Security Apps) - Zhang Rui, Amiya Bhaumik - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.4850
DOI	https://doi.org/10.36948/ijfmr.2023.v05i04.4850
Short DOI	https://doi.org/gsjjp6

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Digital Globalization - A New Phase of Global Streams (Artificial Intelligence and Cyber Security Apps)

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