Technology has effected people personally, internationally and economically in many different ways. The development of technology has reshaped the world personally, internationallyand economically. Freidman discusses the ten forces that flatten the world and its effects on us personally, internationally and economically.
First, Netscape (web browsers and search engines) have allowed many benefits including, increase in ability to communicate, increased competition, products to be put online, for people and businesses to shop online and made things cheaper online. Internationally, Netscape has improved the worlds ability to collaborate, allowing business, government, inventors, scientists and many others to work together. It has also made an easier connection internationally. Netscape has personally has allowed people to immediately connect to knowledge and research and expres their own views(uploading). Economically Netscape has providede a place for individuals and businesses to advertise and sell their goods/services and led to the invention of pay pal, which makes it easier for people to purchase goods and easier for people to take payment for their goods.
Secondly, technology has allowed people to upload to the internet. Internationally this has created a platform of collaboration for people around the world to plug and play, compete and connect on knowledge, start companies and invent and sell goods and services. It has also internationally allowed everyone everywhere to put information online or access other information and others opinion's. Personally it has allowed people to blog and add knowledge online which is acessable to the whole world and search for knowledge/information easily and independently. Economically uploading has allowed people to post reviews on products to help the sale of the product.
Thirdly, technology has created the ability to outsource. Economically outsourcing has made companies more competitive because they can produce cheaper goods. It also provides new jobs in other countries and has allowed educated people to stay in their own countries. Due to increased jobs/income in growing countries world markets have grown creating a larger group of people to sell products to.
Next, technology has increased off shoring, sending products away to be made. Economically off shoring has created new jobs in other countries and companies to compete to produce cheaper goods. Again creating larger world markets. Internationally off shoring brings jobs to poor places where there is a need of jobs so labor cost are less. Creating cheaper goods and services for consumers.
Technology has increased and improved supply chaining. Technology allows the tracking of products needed for better supply chaining. Economically supply chaining creates a world with cheaper goods and allows stores to better stock their goods that are wanted. Internationally supply chaining makes supplies and goods available in global markets.
Technology has increased insourcing. Economically insourcing created new mid level jobs in business jobs such as Fed Ex deliverers, also becoming asssemblers and repair men. Internationally in sourcing helps international companies provide better service for their customers. Personally in sourcing quickens and makes local repairing easier and more available.
Next, technology has allowed the in-forming of people all over the world. Economically in-forming advertises products and aided the development of pay pal. Informing has also created new jobs. For example Google hires mathematicians to work on algorithms to bring up the best websites first.
Finally, technology has created what Friedman calls the steroids. Personally the steroids have allowed you to have quick connection to knowledge, it allows you to share info, music and improved technology. The steroids also allows calls over the net cheaper and also they allow computers to connect with others who have a different language.
Overall, technology has allowed people personally, internationally and economically to connect, communicate, gain knowledge and buy and sell cheaper goods.
Monday, July 16, 2007
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