Data Ekonomi Digital

Esensi Buku

28 Mar 202305:51

Summary

TLDRIndonesia's digital economy is booming, driven by rapid tech adoption and a young population. With the largest population in Southeast Asia, over 70% are productive, tech-savvy individuals. Despite challenges like market saturation and competition, the government supports digital transformation with policies like the 'Cipta Kerja' law. By 2025, the digital economy could contribute $124 billion to GDP, and by 2030, Indonesia could need 9 million digital talents, showcasing significant potential.

Takeaways

🌐 The script discusses the transformation of the economic landscape towards a new economy, driven by the acceleration of digital technology adoption across various economic sectors.
📈 Indonesia has significant potential in the digital economy, being the fourth most populous country with a large portion of its population being productive and belonging to the Gen Z and Millennial generations.
📱 Indonesia has over 345.3 million mobile phone users with an internet penetration rate of 73.7%, experiencing a 20% increase in internet traffic during 2020, particularly during the COVID-19 pandemic.
🚀 The adoption of Industry 4.0 technologies could propel Indonesia into the top 10 economies globally by 2030.
💡 As of October 2021, Indonesia has 2,229 startups, making it the fifth country with the most startups in the world, with many people relying on these digital-based companies for daily activities.
🏢 The World Bank survey indicates that these digital players are the most challenging aspect of digital market competition in Indonesia due to their sheer number.
📊 72% of respondents are concerned about the number of business actors in the industry, with 21% fearing market monopolization by big players and 7% citing small informal capacity as their biggest challenge.
🛍️ There are three frictions identified in Indonesia's digital economy: between online and offline traders, among online traders themselves, and between workers and entrepreneurs.
🛣️ The government has outlined a roadmap for digital economy development from 2021 to 2024, covering strategic sectors like digital infrastructure, digital governance, digital economy, and digital society.
📉 Despite current challenges, the government has introduced innovative policies like the Job Creation Law (UU Cipta Kerja) and other regulations to boost telecommunication network capacity.
💰 President Joko Widodo estimates that by 2025, Indonesia's digital economy potential could reach $124 billion USD, equivalent to 40% of the total digital economy potential of ASEAN countries during the same period.

Q & A

What is driving the shift towards a new economy?
-The shift towards a new economy is being driven by the acceleration of digital technology adoption across various sectors of the economy and society.
What is the potential of Indonesia's digital economy?
-Indonesia has a vast potential in the digital economy, being the fourth most populous country in the world with a large productive-age population and a significant number of digital users, especially from Generation Z and Millennials.
How has the COVID-19 pandemic affected internet usage in Indonesia?
-During the COVID-19 pandemic, internet usage in Indonesia saw an increase, with a 20% rise in internet traffic, indicating a shift towards online activities.
What is the role of technology 4.0 in Indonesia's economy?
-The adoption of technology 4.0 could potentially place Indonesia among the top 10 economies in the world by 2030, highlighting its transformative role in the country's economic growth.
How many startups does Indonesia have as of October 2021?
-As of October 2021, Indonesia has 2,229 startups, and this number is likely to have increased since then.
What are the challenges faced by digital economy players in Indonesia according to the World Bank survey?
-The World Bank survey indicates that the main challenges faced by digital economy players in Indonesia include a high number of market participants, the risk of market monopolization by major players, and the informal capacity of small businesses in competition.
What are the three frictions in Indonesia's digital economy as identified by the World Bank?
-The three frictions in Indonesia's digital economy are between online and offline traders, among online traders themselves due to their large numbers, and between workers and entrepreneurs.
What steps has the Indonesian government taken to support the digital economy?
-The Indonesian government has developed a roadmap for digital economy development from 2021 to 2024, covering strategic sectors such as digital infrastructure, digital governance, digital economy, and digital society. It has also introduced policies like the Creative Economy Law (Cipta Kerja) and the Electronic System and Transaction Law (Polser) to support the digital economy.
What is the projected contribution of digital technology to Indonesia's GDP by 2025?
-By 2025, the potential of Indonesia's digital economy is projected to reach 124 billion US dollars, equivalent to about 1759 trillion Rupiah, which is 40% of the total digital economy potential of ASEAN countries during the same period.
What is the estimated need for digital talent in Indonesia by 2030?
-By 2030, it is estimated that Indonesia will need around 9 million digital talents to support the growth of its digital economy.

Outlines

00:00

🌐 Indonesia's Digital Economy Potential

The script discusses the transformative impact of digital technology on the global economy, highlighting Indonesia's significant potential in the digital economy. Indonesia, being the fourth most populous country with a large productive-age population, has a substantial number of digital users, with over 345.3 million mobile phone users and a 73.7% internet penetration rate. The increase in internet traffic by 20% during 2020, especially during the COVID-19 pandemic, underscores the importance of digital technology. The script mentions that Indonesia could enter the top 10 world economies by 2030, driven by the adoption of Industry 4.0 technologies. As of October 2021, Indonesia has 2,229 startups, ranking it fifth globally in the number of startups. These startups are integrated into daily activities such as transportation, education, and e-commerce. However, a World Bank survey indicates that the large number of market players poses a competitive challenge, with 72% of respondents concerned about the industry becoming monopolized by major players. The script also discusses the three frictions in Indonesia's digital economy: between online and offline merchants, among online merchants themselves due to their sheer number, and between workers and entrepreneurs. The government's support is highlighted, emphasizing the need for regulation and digital infrastructure development. The government has outlined a roadmap for digital economy development from 2021 to 2024, covering strategic sectors like digital infrastructure, digital governance, digital economy, and digital society. Innovations such as the Job Creation Law (UU Cipta Kerja) and other regulations aim to improve telecommunications network capacity.

05:00

📈 Projected Economic Impact of Digital Technology in Indonesia

The second paragraph focuses on the projected economic impact of digital technology in Indonesia. It states that by 2025, Indonesia's digital economy could reach 124 billion US dollars, equivalent to 1759 trillion rupiah, which is 40% of the total digital economy potential in the ASEAN region. The projection for 2030 is even more significant, with digital skill development efforts expected to contribute 4434 trillion to the GDP. By 2030, Indonesia is estimated to require approximately 9 million digital talents. This highlights the enormous potential and the need for a skilled workforce to support the growth of the digital economy in Indonesia.

Mindmap

Keywords

💡Digital Economy

The digital economy refers to an economic system based on digital technologies and the internet. It encompasses various sectors such as e-commerce, digital media, and online services. In the video, Indonesia's digital economy is highlighted as having significant potential, driven by the rapid adoption of digital technology across various economic sectors. The script mentions the country's large population, especially the productive age group, which is a key demographic for the digital economy.

💡Indonesia

Indonesia is the focus of the video as a country with a burgeoning digital economy. It is the fourth most populous country in the world, with a majority of its population being part of the digital-savvy generations like Gen Z and Millennials. The script discusses Indonesia's potential to become one of the top 10 economies globally by 2030, leveraging its digital economy.

💡Digital Adoption

Digital adoption refers to the process by which individuals, organizations, or societies start to use digital technologies and services. The video script mentions the acceleration of digital technology adoption in Indonesia, particularly during the COVID-19 pandemic, which has led to an increase in internet traffic and a shift towards online activities.

💡Internet Penetration

Internet penetration is the percentage of the total population that uses the internet. The script states that Indonesia has an internet penetration rate of 73.7%, indicating a substantial portion of the population is connected to the internet, which is crucial for the growth of the digital economy.

💡Startups

Startups are new businesses that are often innovative and have the potential for rapid growth. The video mentions that Indonesia has over 2,229 startups, which are contributing to the digital economy by providing various services and solutions, ranging from transportation to e-commerce and education technology.

💡Industry 4.0

Industry 4.0 refers to the fourth industrial revolution, characterized by the fusion of technologies like the Internet of Things (IoT), artificial intelligence (AI), and data analytics. The video discusses how the adoption of Industry 4.0 technologies can propel Indonesia's economy, positioning it among the world's strongest by 2030.

💡E-commerce

E-commerce involves the buying and selling of goods or services using the internet. The script highlights the growth of e-commerce in Indonesia, with a significant number of startups operating in this sector, indicating a shift in consumer behavior towards online shopping.

💡Digital Infrastructure

Digital infrastructure refers to the underlying technology and systems that support the operation of the digital economy, such as telecommunications networks, data centers, and cloud computing services. The video mentions the Indonesian government's efforts to develop digital infrastructure to support the digital economy, including the creation of a digital economy roadmap.

💡Regulation

Regulation in the context of the digital economy refers to the rules and policies set by governments to govern digital activities and ensure fair competition, data protection, and consumer rights. The script discusses the importance of regulatory support from the Indonesian government to foster a healthy digital economy environment.

💡Digital Talent

Digital talent refers to individuals with the skills and expertise required to work in the digital economy, such as software developers, data analysts, and digital marketers. The video projects that by 2030, Indonesia will need approximately 9 million digital talents to support the growth of its digital economy.

💡Economic Contribution

Economic contribution refers to the impact a sector or industry has on a country's economy, often measured in terms of GDP or job creation. The script provides projections that by 2025, Indonesia's digital economy could contribute up to $124 billion to the economy, equivalent to 40% of the total digital economy potential in the ASEAN region.

Highlights

The digital economy is reshaping the economic landscape, pushing the world towards a new economic order.

Indonesia has vast potential in the digital economy, being the fourth most populous country with over 191 million productive-age citizens.

A large portion of Indonesia's population belongs to Generation Z and Millennials.

Indonesia has over 345.3 million mobile phone users with an internet penetration rate of 73.7%.

Internet traffic in Indonesia increased by 20% throughout 2020, especially during the COVID-19 pandemic.

With the adoption of Industry 4.0 technologies, Indonesia could become one of the top 10 economies in the world by 2030.

As of October 2021, Indonesia had 2,229 startups, ranking it fifth in the world for the number of startups.

Indonesians are increasingly reliant on digital startups for daily activities such as transportation, education, and shopping.

A World Bank survey indicates that the large number of players is the most challenging aspect of the digital market competition in Indonesia.

72% of respondents in the survey are concerned about the number of business actors in the industry.

21% of respondents are worried about the market being monopolized by major players.

7% of respondents see the biggest challenge as small informal capacity in competition.

The World Bank identifies three frictions in Indonesia's digital economy: online versus offline merchants, competition among online merchants, and between workers and entrepreneurs.

The government's support is crucial in the era of Industry 4.0 transition, particularly in regulation and digital infrastructure development.

The Indonesian government has developed a digital economy roadmap for 2021-2024, covering four strategic sectors.

Innovations in policy, such as the issuance of the Creative Economy and Jobs Law (Cipta Kerja), aim to support the digital economy.

The projection for the contribution of digital technology to Indonesia's GDP is $124 billion by 2025.

By 2030, the development of digital skills is predicted to contribute 4434 trillion to the GDP.

By 2030, Indonesia is estimated to need an input of around 9 million talents.