Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Globalisation: youíre standing in it
Posted on 27-Oct-2015 11:22 by Bill Bennett. | Tags Filed under: News.


Exports took off 150 years ago when steamships, railways and refrigeration took sheep meat, wheat, minerals and butter to the other side of the world. The telegraph, radio, aeroplanes and container shipping were all once innovative new technologies. They opened borders and stimulated international trade.

Then the internet arrived. Optimists thought it would boost trade. The earlier export technologies were all about moving kilograms of things which could rot, break or sink below the waves on their overseas trip. It costs money to move atoms across the world. The internet could move the electrons making up digital goods for next to nothing and bypass tariff barriers.

Internet pioneers didnít expect that moving business online would lead to consolidation. The commercial world has always leaned towards the winner taking all, overnight this happened on a global scale with less room for national champions. Now just one company can dominate a market around the world. Think Google with search, Uber with car trips or Netflix with entertainment.

Read the full story at iStart†or download the magazine pages as a PDF.


Filed under: News Tagged: business, government, portfolio, Xero



comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

The President Of The USA - Who do you think?
Created by TimA, last reply by freitasm on 5-Dec-2016 11:04 (898 replies)
Pages... 58 59 60


Christmas. Bah, humbug.
Created by Rikkitic, last reply by alasta on 3-Dec-2016 13:43 (40 replies)
Pages... 2 3


'Quality' NZ news on the way?
Created by Rikkitic, last reply by alasta on 4-Dec-2016 09:49 (91 replies)
Pages... 5 6 7


Spark Ultra Fast Fibre MAX performance and discussion (Some might say Gigabit)
Created by Talkiet, last reply by sbiddle on 3-Dec-2016 21:15 (55 replies)
Pages... 2 3 4


Dishwasher not Working Properly
Created by tdgeek, last reply by ubergeeknz on 5-Dec-2016 13:32 (17 replies)
Pages... 2


Gigabit cable now available
Created by sub, last reply by Scotty1986 on 2-Dec-2016 12:00 (712 replies)
Pages... 46 47 48


Best of both worlds finally - Plex on kodi
Created by davidcole, last reply by reven on 1-Dec-2016 21:00 (15 replies)

NZ Prime Minister John Key Resigns
Created by ajobbins, last reply by hio77 on 5-Dec-2016 13:27 (14 replies)