The process of digitalization and his advantages

The process of digitalization and his advantages

“The change from atoms to bits is irrevocable and unstoppable.” It’s been over 20 years since Nicholas Negroponte made that claim in his groundbreaking book, Being Digital. He was describing the process of digitalization, making the point that atoms are the essential building blocks of the physical world, while bits are those of the virtual.

Australia’s economy is going strong, but the fate of its currency is in question

Australia’s economy is going strong, but the fate of its currency is in question

The Australian economy has gone without a recession for 26 straight years and is still going strong, but the same can’t be said about the performance of its currency. Official data on Wednesday pointed to Australia starting 2018 on a strong note: Its gross domestic product expanded by 3.1 percent year-over-year in the first quarter, handily beating forecasts and avoiding a recession yet again. The Australian dollar rose 0.67 percent against the greenback after the GDP data release to 0.7666 per U.S. dollar – its strongest in more than a month. However, the currency is still down by 1.76 percent since the start of the year and 5.46 percent off its highest level in 2018 that […]