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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