The advent of digital technology has ushered in a plethora of new possibilities for the emancipation of women and the promotion of more equitable involvement of womens inclusion in the workforce, financial markets, and business ownership. At the moment, it would seem that female workers benefit more from digitalization than male workers do since female workers are less likely to be replaced by robots than male workers.
When combined with greater levels of education and advanced digital literacy, womens inclusion frequently stronger social skills constitute a competitive advantage in the digital age. This is especially the case when social abilities are supported by higher levels of education. Yet, the same obstacles and weaknesses that prevent women from advancing in many G20 nations at the present time may also prevent them from taking advantage of numerous possibilities that are good in the digital era.
To remove these roadblocks, the states that make up the G20 need to make significant efforts. It looks like a potential beginning point for such initiatives, and for reaching the aim of gender equality as a result. This may be accomplished by providing women with greater access to new digital technology.
Last but not least, the social and economic advantages of closing the gender gap should be acknowledged, since this would lead to an increase in interest and investment in the subject matter. For example, there is conclusive evidence that gender diversity in the workplace has a beneficial impact on both the workers and the job, which in turn leads to an increase in profitability. It is essential to have womens inclusion in technical innovation because their participation adds to the development of varied perspectives, ways of thinking, and methods of approach.
It results in solutions that are both effective and innovative, and there is significant evidence that the economy benefits from this. An examination of 22,000 businesses throughout the world found that having 30% female corporate leadership as opposed to none led to a 1% rise in net margin, which ultimately led to a 15% improvement in profitability.
On the other hand, rather than women being better at their professions than males, it was the enhanced skill diversity in leadership that led to reduced gender discrimination across the organization, which in turn led to the recruitment of talented people regardless of their gender.
In addition, women make up a sizable portion of the global consumer market, making them a significant contributor to the global economy. Women control 73% of all household expenditures in the United States, which means that they are responsible for 4.3 trillion USD in consumer spending out of a total of 5.9 trillion USD. As a result, a successful marketing campaign directed towards this customer segment would result in an increase in income. Unfortunately, this is not the case since new technologies do not cater to the needs of the female marketplace.
This may be the result of a lack of female leadership or the fact that individuals have a tendency to avoid investing in fields that are not directly relevant to them. In addition, even if investments are made in these areas, there is a deficiency of marketing strategies that are successful with womens inclusion. As a consequence of this, one may reach the conclusion that the presence of women in positions of authority and in the digital sector would result in improved marketing strategies for a customer group that is familiar to them and would lead to increased economic output.
To summarize, while progress is being made to close the gender digital divide, this problem, along with many other socioeconomic challenges, is still a long way from being solved. We are aware that some of the case studies that we examined have a time frame that ranges from five to ten years behind current events, which suggests that the present circumstance surrounding the digital divide may have changed, most likely for the better.
In general, the digital divide is a problem that coexists alongside socioeconomic inequality and is intricately connected to both. The number of womens inclusion throughout the world who have access to technology has increased, but the measures taken to keep them secure online have not always kept pace. When it comes to education, technology plays a vital role in enhancing the overall quality of education for all genders, and girls and boys should have equal access to the same educational opportunities.
Last but not least, the cause of the gender gap in technology, as well as all other forms of gender discrimination, is the societal pressure put on womens inclusion. The biggest obstacle to eradicating any kind of gender discrimination is getting people to abandon their gender stereotypes. When gender equality has been attained, we may experience advantages such as an expansion of the range of possible thinking patterns and a rise in economic output.