Globalisation of technology: Trinda
Tuesday, August 12, 2008
The Communicators: Globalization & Technology:
http://www.youtube.com/watch?v=nfqKZlMfnX4Richard Elkus on his book "Winner Take All: How Competitiveness Has Changed the Face of Nations." : Over the past thirty years, the United States has lost commanding leads in business after business. We no longer make cameras, TVs, MP3 players, cell phones, or DVD players, and we have become the world's largest debtor nation. Everyone thinks this is because of cheap labor costs, but in fact Asian leaders have a fundamental and different way of thinking about business. They are playing a different game. If the U.S. wants to regain its competitiveness and preserve its global power, it must play the game as it's played in the rest of the world. "Winner Take All" tells us what it takes to be competitive, and how we need to reform our thinking to regain what we have lost. This is the essential primer for any policy maker, business leader, or general reader interested in knowing how America can regain the economic clout it once had. Jacob Kirkegaard, a research associate at the Peterson Institute of Int'l Economics, is the guest host and fellow debater on the topic.
Richard Elkus mentioned his experience with Apex and his trip to Japan to sign a deal with Toshiba to manufacture their products and also cited the participants of the technological arms-race, for example Japan and Korea. It is trips like these where countries come together to collaborate that leads to globalisation. Globalisation of technology has connected the world together and led to advancement of technology. The technological arms-race is a competitive arena; gadgets come and go, and people change their handphones like changing clothes to stay at the forefront of the race because handphones become obsolete very quickly, and companies struggle to outwit each other with their products. But it is the use and abuse of technology that impacts the world, because technology can be used both to harm and help the world.