Development of the U.S. Digital Economy: Problems and Countermeasures
DOI:
https://doi.org/10.61173/c9hyae11Keywords:
Digital economy, industrial transformation, data security, global competitionAbstract
This article examines the growth of the digital economy in the United States rigorously. It discusses some of the current problems and suggests concrete solutions. The present work discovers slow digital transformation in traditional industries, an expanding digital divide in firms and territories, and continuing challenges in data security and privacy protection. The rising international rivalry’s intensification, or the challenge posed by China’s state-backed technological strategies and meanwhile the extraterritorial repercussions of EU regulations, further convoluting United States policy, is described by this article. The research recommends improving data governance, enabling access to digital infrastructure, fostering greater industrial integration, and collaborating internationally on rulemaking to safeguard competitiveness. In addition to producing usable findings for policymakers and industry leaders, the work also provides insight into the significance of timely, flexible strategies in a period of rapid technological change. This research helps both theoretical study and practical policymaking in the digital economy.