Source: Dumb Little Man
Why is content going digital?
There are plenty of people who prefer going to movie theaters to see new movies. There are still lots of folks who enjoy a live musical performance over listening to the radio.
But more and more people are choosing to download digital copies instead of standing in line to buy physical copies of books, music, and movies.
And that’s not even the most seismic shift to digital content we are seeing at this point in time.There is a ton of data out there that is finally starting to be used for something and they are going to change everything about our lives.
How Much Digital Content Is Out There?
90% of today’s data were generated in the last two years and that’s really not surprising. Smartphones have only been around just over a decade. Users have only recently embraced their ability to generate data pertaining to their everyday lives.
Two and a half quintillion bytes of data are created every single day worldwide. Considering that internet usage worldwide is only at 50%, that figure is going to continue growing exponentially in the future.
What Else Is Going Digital?
One major example is currency.
We see this a lot with cryptocurrency. Even though news of cryptocurrency’s volatility, carbon footprint problems, and security problems are making headlines daily, digital currency is still getting more popular. In fact, it increased 43 times in just one year.
That speaks volumes about the trust people put on digital currencies and content.
See…
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