Information technology has been one of the leading drivers of globalization, and it may also become one of its major victims.
Sentiment: NEGATIVE
Globalization, as defined by rich people like us, is a very nice thing... you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn't affect two-thirds of the people of the world.
'Globalization' has become the great tag phrase, but when we talk about it, it's nearly always in terms of the global marketplace or communications technology - either data or goods that are whizzing around. We forget that people are whizzing around more and more. On them, it takes a toll.
A variety of national and international studies indicate that the broad-based deployment of information technology can have a substantial impact on our nation's economic productivity and growth as well as the educational and social success of our citizens.
Information technology is at the core of how you do your business and how your business model itself evolves.
Globalization was a deep trend pushed by technology and right ideas, as much as anything else.
Through all aspects of society be it art, design, the financial markets, government, technology or communications we are witnessing unprecedented global transformation - the result of which is impossible to predict.
Just like the Internet has transformed the media industry or the e-commerce industry, the software industry is also being affected dramatically by the Internet.
The internet has become one of the motors of the 21st century economy, allowing all of us to reach a global audience at a click of a mouse and creating hundreds of thousands of businesses and millions of jobs.
I think the Internet's been a tremendous tool in terms of breaking down the power structure of information and entertainment, particularly at a time when so much information and entertainment were in the hands of so few people, with multinationals owning everything.
Globalization is a fact of economic life.
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