Technology is reshaping human interaction personally, internationally, and economically. Once the Berlin Wall fell, many people were physically let go, but over the world it had repercussions. Friedman states that once the Berlin wall came down capitalism grew and more markets became open resulting in the decline of communism. But, now that the markets are ready for stock brokers to take a hold of them, there has to be collaboration, coordination, and digitalization. Within the next ten years the Web starting growing, and people could use the web browser Netscape to 'serf the web' and with this new technology; computers doing the connecting, we as either stock brokers or average people could go online and find out the current stock price of any company in the market. This goes to show that the human interaction with the economy has become an easy thing, you can lookup the current inflation rate, study the national debt, or study how the US dollar is worth against other nations' currency.
The telephone reshaped human interaction personally and was the beginning of international interaction. You could talk to anyone else with a telephone instantly! No more waiting around for mail to travel the country and back. The only problem that came about was that the phone companies charge more the people wanted to pay (of course), so the techno-geeks set up a different cheap way to call; the protocol VoIP to allow communication and collaboration between two people like a standard phone, but it could also be used as a conference call system. One of the systems were called Skype, most people used it for just person to person calling families anywhere in the world for a price cheaper then that of phone companies. As out-sourcing jobs became more common business executive realized the potential in Skype, executives started to use Skype to talk to their employees down in Bangalore or in Japan or in China. They also could setup a video conference with all three at once. Technology is reshaping the way we do many, many things and it is continuing to change and reshape as time progresses.
The World Is Flat Post 2
"Can you hear me now Bangalore?"
