With the widespread integration of smartphones, computers, and the internet, information access and processing have undergone significant changes. This paper investigates both positive and negative implications, acknowledging the extension of cognitive capacities through easy access to vast databases and external memory aids while also addressing concerns about diminished memory consolidation and reliance on shallow encoding strategies. Examining the interdisciplinary field of memory studies, the study also highlights collaborative efforts among scholars in psychology, neuroscience, sociology, and information science to comprehend the impact of digital technologies on memory, and emphasizes the challenges and future directions in memory research, including issues like digital amnesia, information overload, and privacy concerns. Overall, the paper underscores the need for understanding the relationship between human memory and digital tools, enabling the development of strategies to enhance memory, counteract potential adverse effects, and promote a balanced utilization of digital resources in memory-related tasks.