Bit and Bit Product Thinking

Over the past two decades, the popularity of the ICT has brought humans into an unprecedented era of information. A academia go into in-depth study of related fields, and has made great progress in the fields of information economy, knowledge-based economy, the network economy, and virtual economy. However, none can provide a unified and comprehensive explanation about the new economic phenomena such as a wide range of free internet applications in our daily life. The bit economy research has emerged to heap up with the times. This article, based on the bit economy, firstly discusses bit and its existing cyberspace from the aspect of natural philosophy, and redefine cyberspace and bit from the point of view of the origin of the world. Then we contrast bit product with atom product to discuss in-depth on how to understand bit product, and define it based on the difference of the connotation from digital products. At last, we explain the key point to cognize bit product from the three aspects of existence, connotation, and appreciable characters. Index Terms Bit; Information; Cyberspace; Bit Product.