THE DEVELOPMENT OF THE DIGITAL ECONOMY: OPPORTUNITIES, CHALLENGES, AND FUTURE PROSPECTS.
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Abstract
The digital economy represents a transformative force reshaping economic, social, and cultural interactions through the integration of digital technologies. This article.editors/paragraphs/paragraph This article examines the emergence, characteristics, advantages, and challenges of the digital economy, with a focus on its development in Uzbekistan. Drawing on key policy documents, statistical data, and global trends, it explores the opportunities presented by digitalization, such as increased productivity and global market access, alongside risks like cybersecurity threats and digital inequality. The study also addresses the role of emerging technologies, including cloud computing, the Internet of Things (IoT), and blockchain, in driving the Fourth Industrial Revolution (Industry 4.0). By analyzing Uzbekistan’s institutional framework and global best practices, this article provides insights into fostering sustainable digital transformation.
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