ICT also fits the definition of a general-purpose technology very well. It is possible to use information and communications technology in nearly every sector of the economy. Digitalisation, too, is all about the harnessing of new technologies for use throughout the economy. The financial sector is no exception in this.
In recent years, digital platforms and the platform economy have become an integral part of the current technological revolution. Many of the world’s most valuable companies in terms of market capitalisation have been in business for only a few years.