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What do you think? Write your own comment on this book Please Login or Register to write comments or use smm accounts Log in Log in Log in. Write a comment. Rowling 4. The Bourne Identity by Robert Ludlum 3. Bearers of the Black Staff by Terry Brooks 4. So if the flattening of the world is largely but not entirely unstoppable, and holds out the potential to be as beneficial to American society as a whole as past market evolutions have been, how does an individual get the best out of it?
What do we tell our kids? There is only one message: You have to constantly upgrade your skills. There will be plenty of good jobs out there in the flat world for people with the knowledge and ideas to seize them. I am not suggesting this will be simple. It will not be. There will be a lot of other people out there also trying to get smarter.
In short order, I interviewed Indian entrepreneurs who wanted to prepare my taxes from Bangalore, read my X-rays from Bangalore, trace my lost luggage from Bangalore and write my new software from Bangalore.
I guess the eureka moment came on a visit to the campus of Infosys Technologies, one of the crown jewels of the Indian outsourcing and software industry. Nandan Nilekani, the Infosys C. Infosys, he explained, could hold a virtual meeting of the key players from its entire global supply chain for any project at any time on that supersize screen.
So its American designers could be on the screen speaking with their Indian software writers and their Asian manufacturers all at once. With each phase of globalization, the world became just a tiny bit flatter. But today, with the explosion of new technologies, the flattening process is in overdrive.
Friedman explains that the first phase of globalization took place from to , during which European countries opened up trade with each other, and with the New World. This first phase was largely driven by military expansion, and success depended on the amount of raw manpower and horsepower countries could employ. The second phase was from to , where multi-national corporations drove global integration.
The dominant technologies were railways and autos. As mentioned earlier, The Lexus and the Olive Tree, focused on the world at the tail end of that era. And the defining technology of our era is a worldwide network of fiber-optic cable, capable of transmitting reams of electronic data from one end of the globe to the other in seconds. Andreessen is touching on one of the most exciting parts of Globalization 3. We are on the cusp of an incredible new era of innovation, an era that will be driven from West and East, and from North and South.
Bill Gates explains the meaning of this transformation best. Thirty years ago, he told Friedman, if you had to choose between being born a genius in Mumbai or Shanghai, or an average person in Poughkeepsie, you likely would have chosen Poughkeepsie because your chances of living a prosperous and fulfilled life were much greater there. Moreover, says Friedman, the Netscape IPO also triggered the dot-com boom, which led to the dot-com bust, which triggered a massive overinvestment of billions of dollars in fiber-optic telecommunications cable.
That overinvestment, by companies like Global Crossing, resulted in the commercially reckless laying of a global undersea fiber-optic network, which in turn drove down the cost of transmitting data overseas to practically zero, which in turn accidentally made Boston and Beijing next-door neighbors, almost overnight. Suddenly more people could connect with more other people from more different places than ever before.
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