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The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.
A digital ecosystem is a distributed, adaptive, open socio-technical system with properties of self-organization, scalability and sustainability inspired from natural ecosystems. Digital ecosystem models are informed by knowledge of natural ecosystems, especially for aspects related to competition and collaboration among diverse entities.
The Global Digital Compact is an initiative proposed in the United Nations Secretary-General António Guterres's Common Agenda.The objective of this compact is to ensure that digital technologies are used responsibly and for the benefit of all, while addressing the digital divide and fostering a safe and inclusive digital environment.
Cloud users also face compliance risks if they have to adhere to certain regulations or standards regarding data protection, such as GDPR or HIPAA. [18] Another challenge of cloud computing is reduced visibility and control. Cloud users may not have full insight into how their cloud resources are managed, configured, or optimized by their ...
As the Historical Dictionary of Socialism summarizes, "there were general criticisms about the social effects of the private ownership and control of capital", "a general view that the solution to these problems lay in some form of collective control (with the degree of control varying among the proponents of socialism) over the means of ...
Because control of these functions is based on the cloud provider’s infrastructure and services, public cloud users must integrate with the cloud infrastructure management. [ 12 ] Capacity management is a challenge for both public and private cloud environments because end users have the ability to deploy applications using self-service portals.
A cooperative storage cloud is a decentralized model of networked online storage where data is stored on multiple computers , hosted by the participants cooperating in the cloud. For the cooperative scheme to be viable, the total storage contributed in aggregate must be at least equal to the amount of storage needed by end users.
In the United Kingdom in particular there have been cases of corporations using data mining as a way to target certain groups of customers forcing them to pay unfairly high prices. These groups tend to be people of lower socio-economic status who are not savvy to the ways they can be exploited in digital market places. [36]