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:

Good riddance to Obama and his drones. Pakistani villagers will be saying the same.
Created by amiga500, last reply by dejadeadnz on 21-Jan-2017 21:33 (81 replies)
Pages... 4 5 6


The President Of The USA: Donald Trump
Created by TimA, last reply by tdgeek on 21-Jan-2017 21:30 (1827 replies)
Pages... 120 121 122


Xtra email no longer receives on Outlook 2003 / Outlook 2011 for MAC
Created by lNomNoml, last reply by hio77 on 21-Jan-2017 21:26 (38 replies)
Pages... 2 3


$1160 for a car battery??!!
Created by jonathan18, last reply by k1w1k1d on 21-Jan-2017 17:11 (56 replies)
Pages... 2 3 4


Lost Mp3 collection, how to rebuild on the cheap (legally)?
Created by TeaLeaf, last reply by kickintheeye on 18-Jan-2017 23:05 (18 replies)
Pages... 2


New Ford Mustang or Holden Commodore or alternatives
Created by MikeB4, last reply by driller2000 on 21-Jan-2017 12:39 (63 replies)
Pages... 3 4 5


Upsize my American houses to McMansion value deal.
Created by kingdragonfly, last reply by richms on 18-Jan-2017 15:48 (14 replies)

Spec check on laptop for GoPro editing please
Created by martyyn, last reply by richms on 20-Jan-2017 17:23 (13 replies)