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Stephen Barnes SDC I, October 2 nd , 2007. Globalization 3.0 and Its Effects on Computing. Overview of Globalization 3.0. Globalization 1.0: 1492 – 1800 * Globalization 2.0: 1800 – 2000 * Globalization 3.0: 2000 – present *
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Stephen Barnes SDC I, October 2nd, 2007 Globalization 3.0 and Its Effects on Computing
Overview of Globalization 3.0 • Globalization 1.0: 1492 – 1800 * • Globalization 2.0: 1800 – 2000 * • Globalization 3.0: 2000 – present * • Key aspect of Globalization 3.0: Individuals can collaborate and compete globally. * As according to Thomas Friedman in “The World Is Flat”
Benefits • Efficiency, profits, speedy development cycle • Increased competitive global market, for better productivity • 24/7 business, across the globe • Just-In-Time supply chains (for example: Dell)
Disadvantages • Terrorists can use aspects of globalization also, such as supply chains and easy anonymous communication • The global market isn’t always fair, especially when things such as corruption and IPR are concerned • Growing drift from rural areas and urban areas.