1、Charting Economic Opportunities in the New Digital Paradigm December 2022By Faisal Hamady,Thibault Werl and Katharina Skalnik Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.BCG was the pioneer i

2、n business strategy when it was founded in 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diverse,global teams bring dee

3、p industry and functional expertise and a range of perspectives that question the status quo and spark change.BCG delivers solutions through leading-edge management consulting,technology and design,and corporate and digital ventures.We work in a uniquely collaborative model across the firm and throu

4、ghout all levels of the client organization,fueled by the goal of helping our clients thrive and enabling them to make the world a better place.1 CHARTING ECONOMIC OPPORTUNITIES IN THE NEW DIGITAL PARADIGMThe digital sectors multi-trillion-dollar expansion leaves leaders and decision-makers with onl

5、y two options:adapt to its accelerating pace,or be left behindThe recent decline in tech-heavy global stock market indices is being accompanied by news outlets sounding alarm bells for the industry.Analysts everywhere,from broadcasts to podcasts,are chiding venture capital(VC)firms for losing the ho

6、use by betting on the promise of radical technology,claiming that innovations are either early to the market or offer solutions to problems that do not exist.The reality however is more nuanced.Since the internet began gaining mainstream adoption in the early 90s,the growth of the digital economy ha