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Presentation By Dr. Bob Couch. The World Is Flat: A brief History of the Twenty First Century By Thomas L. Friedman Contributors Mr. Michael J. Petrilli Dr. Minnie Blackwell. Globalization-The Now Generation. Globalization 1.0 Globalization 2.0 Globalization 3.0. World Becomes Smaller.
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PresentationByDr. Bob Couch
The World Is Flat: A brief History of the Twenty First Century
By Thomas L. Friedman
Contributors
Mr. Michael J. Petrilli
Dr. Minnie Blackwell
Globalization-The Now Generation
- Globalization 1.0
- Globalization 2.0
- Globalization 3.0
World Becomes Smaller
- Where does the US fit?
- How can the US fit?
- Shift to a knowledge economy
Globalization 2.0
- World shifts from medium to small
- Emergence of multinational companies
- Movement of goods shifts to movement of information and services
Globalization 3.0
- World shrinking from small to flat
- Economic playing field becomes level
- Individuals can now compete globally
Forces That Flattened the World
- Fall of Berlin Wall on November 9, 1989
- Created opportunities for economic freedom
- The countries and individuals in the bottom 40 percent of the economy could become participants
Netscape Goes Public
- August 9, 1995
- World access to the internet to the very poor and to the very rich
- Selling goods and services and purchasing goods and services internationally
- Windows 95 released the week following Netscape took its stock public
Bangalore Becomes Suburb of North Dakota
- A flat world of technology creates neighbors
- An interactive and virtual world is born
- Knowledge expands and is shared
The Untouchables
- Individuals who cannot be replaced by outsourcing
- Bill Gates---Special Knowledge
- Accountants, Lawyers—Specialized
- Plumbers, Waiters—Anchored
- Idea Worker—Adaptable
- More educated—more options
The Quiet Crisis
- Dot Com misconception—Hard work not necessary
- China and India took advantage of the flat economy
- Steady erosion of US engineering, math and science
- Must be innovative and creative
Dirty Little Secrets
NUMBERS GAP
- NASA—40 percent of workers (18,146) are fifty years of age or older
AMBITION GAP
- Jobs overseas save 75 percent of wages
EDUCATION GAP
- Intel Science/Engineering Fair in China
65,000 American students
6 million Chinese students
UPS –Your World Synchronized
- Goggle and Yahoo
- Whether in Cambodia or Boston
- All have the same access
- Opens world of opportunity to rural citizens any where in the world
- Technology is the great equalizer and has flattened the world
- China is now the new leader in holding US debt
