why global is the new local

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Globalization by Bernd & Michael

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Page 1: why global is the new local

Globalizationby Bernd & Michael

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Index

• Intro

• The Phases

• Phase 3 has been made possible by technology

• Phase 4 Next step in human evolution a.k.a Social Software (Facebook,Twitter)

• Effects on Society + The next phase

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Why Global is the new Local

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The development of an increasingly integrated global economy marked especially by free trade, free flow of

capital, and the tapping of cheaper foreign labor markets - Merriam Webster

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GLOBALIZATION

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INTRODUCTION

1 PHASE

2 PHASE

3 PHASE

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TRANSPORTATION

COMMUNICATION

WARFARE

JOBS

ONE MAN RADIUS MODEL OF INTERACTION

GENERAL DEVLOPMENT

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PHASE: 1

CHANNELS / TRAINS

LETTER

WW 1

LOCAL JOB / SELF EMPLOYED

GOODS EXPENSIVE

- REGIONA

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PHASE: 2

TRAINS / PLANES

TELEPHONE

WW 2

NATIONAL JOBS = LABOUR OUTSOURCING > CHEAPER GOODS FLEXIBLE EMPLOYMENT

-NATIONAL

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PHASE: 3

CHEAP FLIGHTS

TELEOPHONE / MOBLIES / INTERNET

IRAQ

INTERNATIONAL JOB / EXTREAME OUTSOURCING (US 90% SERVICE) NO PRODUCING ECONOMY

SCHOOLS > IB

CHEAP GOODS

- INTERNATIONA

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4 PHASE

empowered by

TECHNOLOGY

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The Flatteners

• The PC (Create Content in Digital Form)

• The Browser (Netscape 95) tool that allowed to visualize the web

• Overinvestment (1 Trillion $) In fiber optic cable. More supply than demand.

• Code language (Open standards make it interoperabable) information could flow.

by Thomas L. Friedman

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The Platform

• Acess to knowledge

• Collaboration

• Communication

Open Global Cheap

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• You have the tools and the information at your fingertips

• You can harness exabytes of Information

• Leveraged the playing field

• Empowering the Individual

You have the tools and the information at your fingertips

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The Age of Information

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There are over 2.7 billion searches performed on Google each month.

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„It is estimated that a week’s worth of

New York Times contains more information than a person was likely

to come across in a lifetime in the 18th century.“

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The Social Globalization

The shift in paradigms

The next step

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The Social Graph

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By moving our interaction online we allow more efficient communication. tools like facebook allow us to harness

this social graph.

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Keep in mind that these are all tools harnessing data. The real shift lies in behaviour to open up to the web. We are

in the midst of a revolution. A social revolution.

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„the biggest revolutions are invisible“ -Phillippe Starck

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The generation growing up at this moment does not see technology. Rather it sees biology.

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Your Privacy is an Illusion

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The power behind this movement

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23 % of Canadians are active Facebook users

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„An average of 250,000 new registrations per day since Jan. 2007“

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60 M in total

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„An average of 43,000 new registrations per day

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20 M in total

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1 of every 8 couples married in the U.S. last

year met online. -FORTUNE

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Email + Instant Messengers (No capability of visualizing a social graph)

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„virtual world implies that it's not real. made up by a generation who does not belong into this movement“

-Mattias Miksche

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What does all of this mean for you ?

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Work will flow freely and the tools will be created allowing its efficient distribution.

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At the beginning only MN companys had the possibilities to access the pool of global intelligence,knowledge and

creativity

Now you have

The internet moves at a pace, that can't be traced by the offline world

connect or stay behind

In a world of global competition, staying behind is not a good idea

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„Everything will be commoditized except your imagination“ -Thomas L.Friedmann

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We do not believe the Internet is the killer app. We believe that the Internet frankly is a connection of people

and ideas. -CEO of AMD Carlo Ruiz

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Summary

• SN`s and the web in general compress society and interconnect countires

• Competition is now global

• Jobs that can be outsourced will be outsourced (Globally)

• SN`s allow the organization of these people

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The nature of the web is open

Human civilisation is still exploring the web

The internet is in its infancy

It taps the creativity of 8 B people

So don't underestimate it

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...keep in mind

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„With innovation, there is no last Nugget“ -Jeff Bezos