On the surface, it may not appear that digital media is significantly superior to other advances that have occurred throughout the years.
Regardless, digital media has a significant edge over other developments. The simplicity with which digital media may be shared, stored, duplicated, and updated is an advantage.
Since its inception, digital media has sparked significant innovation across a wide range of businesses.
Education, journalism, entertainment, publishing, and other industries are among the most affected.
Despite the enormous amount of innovation brought by digital media to many areas of the economy, it does not look to be slowing down anytime soon.
The Movie industry
While the presence of digital media has created numerous changes in many sectors of the economy, its impact on the movie business is particularly clear to comprehend.
The movie business has transitioned from using analog film cameras to using entirely digital cameras as a result of digital media.
This innovation has both positive and negative aspects. One of its advantages is that it is cost-effective.
It has become more easier to distribute movies as a result of the advent of digital media—all it takes is a few mouse clicks.
On the downside, it has caused some people to lose their jobs. This is also a financial disadvantage.
Many dangerous actions that were required to make movies look realistic are no longer required because they can be done digitally.
The film business isn’t the only part of the economy that has been affected by digital media.
Journalism is one field where the impact of digital media is readily apparent.
The presence of digital media appears to have harmed journalism more than helped it.
Because of the decline in the relevance of print media, many people have lost their jobs.
Although the loss of jobs and consequent loss of significance in print media is unfortunate, the reality that many big newspapers have had to close down due to bankruptcy is even worse.
On the other hand, the emergence of digital media has resulted in the creation of jobs in the journalism industry. These positions, however, are only open to persons who are digitally literate.