Volume 03 Issue 06-2023
147
International Journal of Advance Scientific Research
(ISSN
–
2750-1396)
VOLUME
03
ISSUE
06
Pages:
147-155
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
A
BSTRACT
In this article the concept of digital economy, information about its current importance and its positive and
negative aspects is covered
K
EYWORDS
Digital economy, Uber, Positive aspects, positive and negative sides, information.
I
NTRODUCTION
The choice of the state to develop the digital
economy opens new directions in the field of
information technologies and in general, in the
field of circulation of electronic documents. The
turn to "number" was caused by the development
of the global Internet network and quality
communication. As a result, it became possible to
exchange and collect a large amount of
information, which, in turn, allows to process the
collected information, make predictions, make
informed decisions and get various benefits. All
this requires a compatible infrastructure, in other
words, an ecosystem of global information
platforms.
However, this comes with the risk of data loss,
business loss, job losses, security breaches, and
the need for modernization. These issues need to
be resolved quickly, as delay in this regard carries
serious risks. According to the authors, an
important role in the changes taking place at the
moment is not whether the digital economy is a
Journal
Website:
http://sciencebring.co
m/index.php/ijasr
Copyright:
Original
content from this work
may be used under the
terms of the creative
commons
attributes
4.0 licence.
Research Article
POSITIVE AND NEGATIVE SIDES OF THE DIGITAL ECONOMY
Submission Date:
June 09, 2023,
Accepted Date:
June 14, 2023,
Published Date:
June 19, 2023
Crossref doi:
https://doi.org/10.37547/ijasr-03-06-25
Farkhodzhonova Ezoza
A Student Of The 3rd Stage Of Jizzakh Polytechnic Institute, Uzbekistan
Volume 03 Issue 06-2023
148
International Journal of Advance Scientific Research
(ISSN
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2750-1396)
VOLUME
03
ISSUE
06
Pages:
147-155
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
myth or a reality, but how these changes serve
society. we see it changing. New business models
are emerging, such as Uber, which remove
intermediaries and lead to direct communication
between the customer and the supplier. Earlier,
similar changes took place in the financial sector
and telecommunications.
Changes are also expected in the industry,
because the emergence of a digital enterprise and
a digital image of a person can seriously change
the entire model of humanity. This shows that
information technology is gradually taking the
place of people. This is the digital economy.
True, it is not yet known what drastic changes will
take place in the country. One participant of the
conference
cited
as
an
example
the
modernization of a normally functioning
machine-building plant while producing a
competitive product. However, when calculating
the solution related to portals, robotic complexes
and other elements of the digital enterprise, it
turned out that it can justify the costs in at least
15 years due to the reduction of labor capacity
and increase of labor productivity, and the
management of the plant is half-and-half
abandoned the idea in favor of the resolution.
This raises doubts about the rapid digital
transformation of the industry in the current
conditions of technical backwardness (Table 1).
Table 1
Advantages
Disadvantages
Minimum costs from the state's point
of view
- infrastructure creation period is long
- the digital economy is organized in the
interests of big business
- suboptimal architecture of digital
economy infrastructure
The minimum period for creating a
technological base
- financial costs are high
- the use of a limited number of
technologies
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International Journal of Advance Scientific Research
(ISSN
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2750-1396)
VOLUME
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Pages:
147-155
SJIF
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(2021:
5.478
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(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
- rapid formation of infrastructure
-functional architecture meets the
needs and requirements of all stakeholders
- maximum transparency and
controllability of all systems that make up
the common digital space
- ease of development, integration
and service of digital platforms
- there is a high risk of digital
monopolization in many industries
- high risk of increasing digital inequality
(between geographies and between
industries)
Positive aspects of the digital economy. Except for
rare cases, everything that is written about the
digital economy in the world has a positive,
approving character. In fact, the digital economy
in the Republic of Uzbekistan can make any
countermeasures against business useless and
create a favorable business environment in the
country. The digital economy can fulfill the
following set of tasks:
For the first time, the digital economy allows us to
see the national economy of the city, region,
network, and the entire country as a common
field. This allows, for example, the "Laboratory of
Digital Diagnostics of Business" to create new
products and markets, to structure existing
markets in accordance with the interests of the
most advanced product manufacturers, to
optimize the management system based on the
use of artificial intelligence.
•
Increasing the level of protection of critical
infrastructure.
•
Formation of the legal base of the digital
economy.
•
Strict prosecution of crime in the digital
economy.
•
Readiness to transfer rights to digital codes.
Development of common universal standards of
the digital economy for the entire national
economy.
Transition to general rules of interaction for
government, business and society.
Using the digital economy as a foundation of the
real sector of the national economy, not as a
destroyer that leads to systematic unemployment
in the country, a decrease in the purchasing
power and standard of living of the population, a
decrease
in
industrial
and
agricultural
production, and a decrease in state budget
revenues.
Smart city, smart police, smart railways -
improvement of citizens' quality of life.
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SJIF
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(2021:
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(2022:
5.636
)
(2023:
6.741
)
OCLC
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1368736135
The high growth rate of the digital economy and
the economic efficiency of the digital economy.
Understanding the threats to digitalization in
general, the depth and openness of the
conversation between experts and society on this
topic.
If we talk about the negative aspects of the digital
economy, we can see from a moral point of view
that the task of the digital economy is to end the
world monetary system. Destroy all money.
Today, money is a contingent commodity, like
glass beads in Papuans. We have numbers in
banks, not money. We will transfer these
numbers again. The virus can destroy all numbers
and make us and our country poor in one day.
According to GATA, the goal of the digital
economy as a US state lobbying tool is total
control over all governments, all trade and
industry, and everyone without exception. All of
these are potential downsides. In order to come
to such assumptions, together with listeners and
readers, it was necessary to turn to the basics of
the digital economy and understand what is at the
basis of the development of the digital economy.
However, in the absence of a moral component in
the digital economy, it is a platform for effective
management and complete review of any country.
The only difference is whether the digital
economy has a moral component or not. The
spiritual component cannot be avoided in the
digital
economy.
Ignoring
the
spiritual
component will lead to the destruction of any
economy and any state.
Sberbank vs. Alibaba One of the clear examples in
the field of development of digital platforms is
China, which has the Alibaba system. The
experience of its use shows that the collection of
data creates a competitive advantage for
expansion into various sectors of the economy. If
we don't do something like this, there could be
serious risks. Our country is threatened by
Alibaba, and this system is shown as the idea of
introducing a tax on purchases.
Alibaba is not just a digital platform, but an
ecosystem of platforms. Understandably, the
power of such an ecosystem is greater than the
power of individual platforms. Even the US is
currently losing this race, because it has to
integrate different platforms, while in China,
development in this area is happening slowly at
the expense of increasing efficiency - from one
platform to another.
A lot depends on the state's position in global
affairs such as the transition to a digital economy.
It is important that everything does not go to a
single state platform that unites everything and
transfers it to the "number": "The task of the state
is not to do anything to the network of business,
but simply not to give halal to business."
In China, the Alibaba system did not appear
because the state created a platform for it. He just
created the conditions for the emergence of such
a platform. Although the government supports
Alibaba, it is considered a commercial enterprise,
not a state-owned corporation, and its services
are used because it is competitive.
Volume 03 Issue 06-2023
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International Journal of Advance Scientific Research
(ISSN
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2750-1396)
VOLUME
03
ISSUE
06
Pages:
147-155
SJIF
I
MPACT
FACTOR
(2021:
5.478
)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
The role of the state is to create general rules, and
business begins to change, as the business
environment changes and competition grows. If
15-20 years ago it was not possible to win in our
republic due to the use of IT, it will depend on
whether the company will grow or leave the
market. This looks good in the example of
electronic document circulation. Those who do
this will slowly lose market share.
A serious cumulative effect is not due to the
creation of a new common platform, but due to
the emergence of an infrastructure that is closely
related to the collection of many independent
organizations and products, each of which is
engaged in its own work. can be. But it is
important to develop standards and protocols at
the highest quality level.
In our opinion, this is a step that will make the
state friendly with its goals, a business interested
in the science that can determine the needs of the
economy from its results. In other words, the
digital economy can combine government,
business and science.
The digital economy is defined as follows:
"business activities in which the main factors of
production are data in digital form, the use of
large amounts of data and various types of
production activities, technologies compared to
traditional forms of business management , using
the results of the analysis that will allow to
increase the efficiency of delivery, storage and
sale of equipment, goods and services".
In order to achieve compatibility with other
international systems and practical mechanisms,
data models and documents in the "common
window" mechanism should be organized on the
basis
of
international
standards
and
recommendations. When creating a list of
information covering the information of the initial
list of messages and documents that need to be
harmonized, as well as in the formation of a
national data model, identification of appropriate
elements, including their description in
accordance
with
the
requirements
of
international standards and must be specified.
The development of electronic commerce in
Uzbekistan can be conditionally divided into two
periods: before 2015 and after. Until 2015, active
work was carried out on the development and
preparation of the regulatory legal framework in
our country. In 2015, the Republic of Uzbekistan
adopted the concept of e-commerce development
in 2015-2018, which in the medium term outlines
the main directions of e-commerce development,
expanding
the
competitive
environment,
improving modern infrastructure and creating
additional jobs, as well as determined the forms
and ways of further improvement of the
legislation on electronic commerce.
However, as of today, it can be said that the
measures reflected in the concept have not been
fully implemented. For example, a number of
decisions aimed at the development of e-
commerce have not been adopted in the legal
framework. In particular, mass sending of
electronic messages or electronic documents,
placement of advertisements in electronic
commerce is not approved.
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SJIF
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(2022:
5.636
)
(2023:
6.741
)
OCLC
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1368736135
At the same time, on May 14, 2018, the President
of the Republic of Uzbekistan Shavkat Mirziyoyev
signed the Resolution "On measures for the rapid
development of electronic commerce". This
document reflects a number of measures aimed at
improving electronic commerce in Uzbekistan.
It should be noted that today users are actively
using Telegram bots to order food products.
Uzbek consumers are also actively paying for
internet or phone services through mobile
applications. This indicates that the people of
Uzbekistan believe in electronic transactions, but
until now, users are not ready to increase the
average purchase price by performing small
transactions that do not require large expenses.
The average number of users of electronic
transactions in Uzbekistan ranges from 50,000 to
200,000 sums.
Along with the global indicators, the Uzbek
consumer uses a mobile phone to make an
electronic transaction, because it is more
convenient and has a number of convenient
applications. Thus, it is possible to talk about the
development of mobile commerce and to use the
method of production of phones with the
possibility of connecting to the Internet with a
value of up to 800,000 soums.
As for the choice of products, most of the
respondents preferred to buy clothes, household
appliances and electronics via the Internet. Cars
and real estate items were the least purchased
goods via the Internet. This can be explained by
the fact that at the moment the user is not yet
ready to give large amounts of money in the
"online" mode.
In addition, users actively use payment systems
such as UzCard, VISA, MasterCard. The least
popular systems are Union Pay, WebMoney and
cryptocurrencies. As for the problems of buying
products online, almost all respondents
mentioned difficulties in payment time, low
quality of goods/services, long delivery time, as
well as high price.
Thus, based on the data obtained as a result of the
public survey, it is possible to identify a number
of problems and shortcomings that are hindering
the development of electronic commerce in
Uzbekistan:
•
Distrust of the population to conclude
electronic transactions.
•
High cost of delivery.
•
Low quality of goods/services
•
Fraud.
•
Low level of computer literacy.
The conducted public survey shows that the
population of Uzbekistan is ready to carry out
electronic transactions, but during their
implementation, the user faces a number of
problems that push the average consumer away
and slow down the development of electronic
commerce in Uzbekistan.
The age of information technology has set new
rules. The digital economy is a market model with
great potential, which is interesting for theorists-
scientists in a narrow circle:
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SJIF
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)
(2022:
5.636
)
(2023:
6.741
)
OCLC
–
1368736135
•
information is a priority commodity, although
this resource is not limited at all;
•
the network market is huge and democratic,
the main thing is that network boundaries are
easily "washed away";
•
the success of the project or company no
longer depends on the number of employees
and the size of financial assets;
•
hardware power becomes a multi-use,
universal, timeless and non-degrading tool;
•
the conditions of competition will change,
after all, in the digital environment, quick
intellectual solutions will prevail over any
strong physical base.
The digital information market is all about speed
and ease of decision making. The heavy
production base is in the last place here. Huge
corporations that seem to have existed forever
and have huge market shares in the network have
given way to companies with no history at all in
just a few years.
Thus, it is impossible to wait for the "number"
fashion to pass. This is a natural and cruel stage of
evolution, in which those who live by the rules
and scales of the previous century will be left
behind. It would be appropriate to compare them
to dinosaurs.
How much does information cost?
What tools are used to determine the value of
information and related processes? There are
several recommended ways to plan your
accounts.
Infonomics is a relatively new science that
emphasizes the value of information as an
economic asset. The authors of the series
recommend evaluating data comprehensively,
rather than individual files, and call for openness
as one of the main criteria for the value of
information - the more difficult it is to obtain
information, the more valuable it is.
Evaluation of communication channels - the value
of information is determined by the benefit, level
of influence, quantity and accessibility for
interested
parties
within
a
specific
communication sector.
Modernization of algorithms is a process in which
their economic potential is determined, the
evaluation algorithm is a specific, universal
commodity that can be used in different markets
and industries.
Information as a commodity does not have a
centralized div responsible for economic
justification of processes, technologies and
algorithms at this stage.
Thus, there are no clear standards for evaluating
information assets. But it is he who opens up a
world of great benefits to enterprising and
enterprising
companies
and
individuals.
Whoever is the first gets what he wants, and those
who come after him can only get the rest.
Digital transformation of the economy. It would
be short-sighted to consider the old schemes of
doing business as 100% anachronism. The
boundaries between networks are disappearing,
new opportunities are emerging, but at the basis
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SJIF
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)
(2023:
6.741
)
OCLC
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of any commercial relationship there is always
one simple desire - to sell or buy goods or
services.
Thus, the digital economy tends to be more
volatile than physical assets.
Existing funds and mechanisms should not be
destroyed in the name of new technologies. A
timely audit and a good understanding of what is
happening are enough incentives to start moving
in the right direction.
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