The article discusses the digital economy and its impact on Ukraine. It looks at how the digital economy is defined and the risks associated with it. The study shows that Ukraine's economy is struggling, with low productivity and a decline in GDP. The digital economy is seen as having limited benefits in this context. The researchers suggest that before focusing on digitalization, Ukraine should first reform its economy and increase GDP. They propose developing new economic models to address the challenges of the digital economy and adapting its principles to fit the Ukrainian reality.