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The world is flat chapter 3 the triple convergence

Chapters 1 - 4 Summary Continued The fifth flattener is outsourcing. These highly-competitive schools, which are subsidized by tax dollars, churn out highly-qualified, highly-skilled professionals in need of jobs.

Y2K created jobs for Indian software engineers because a large number of techs were needed to remedy the millennium bug. Thus, the dot-com bust resulted in jobs for Indians, who would work for less money than Americans and could perform the tasks in India because of their education as well as the technology of the PC, the Internet, and fiber optics. The sixth flattener is offshoring. Offshoring is when a company moves one of its factories to another country not just a specific task, as with outsourcing for various reasons, such as cheaper labor and resources, fewer trade barriers, and fewer taxes.

When China joined the World Trade Organization in 2001, offshoring reached new heights because China now had to comply with international law and standard business practices, therefore assuring investors that establishing factories in China would be financially beneficial.

The seventh flattener is supply-chaining. Wal-Mart is essentially a hyper-efficient supply chain. Continuing to cite Wal-Mart, Friedman considers the costs and benefits of supply chains. Stores like Wal-Mart are great for consumers because they keep costs very low. However, because Wal-Mart is under pressure to provide competitive prices, employees often suffer low salaries and little or no benefits.

The World is Flat: Chapter 3,4

The eighth flattener is insourcing. For example, if a Toshiba laptop breaks while under warranty, the customer can drop the computer off at a UPS store to have it shipped to Toshiba.

A few years ago, Toshiba was criticized for taking too long to repair broken computers, so Toshiba collaborated with UPS to make the process go faster. The ninth flattener is in-forming, Google, Yahoo! As knowledge becomes more accessible Google can already be searched in 100 languages more people become empowered.

Friedman also considers how this knowledge jeopardizes our privacy.

  • This new platform allowed us to collaborate without regard to geography, time, or distance;
  • The idea that Columbus was challenging the status quo was popularized by Washington Irving in his biography of Columbus, written in 1828;
  • Friedman uses this segue to introduce us to the concept of Globalization 3;
  • Selling has changed with less face-to-face contact, and the middle man has been largely removed;
  • Friedman claims that it will be increasingly difficult to keep information about our pasts private as we leave electronic footprints behind.

Friedman claims that it will be increasingly difficult to keep information about our pasts private as we leave electronic footprints behind. This service allows customers to make unlimited, local and long-distance, phone calls through the internet for the cost of local calls.

This will revolutionize telecommunications because companies will no longer be able to charge for distance and time. Connecting via telephone, anywhere in the world, will become extremely cheap. The first convergence encompasses how the ten flatteners came together in such a way that people could see that things were different after 2000. The convergence of these flatteners created a global, Web-enabled platform that allows for multiple forms of collaboration.

Thursday, March 23, 2006

The third convergence is the entrance of some three billion people onto the playing field. During the 1990s the economies and political systems of China, India, Russia, Eastern Europe, Latin America, and Central Asia opened up in such a way that the citizens of these nations were able to join the free-market game.

  1. The Triple Convergence Friedman never ceases to amaze in how he takes all of these concepts and events that have been happening right in front of us and presenting it in such a way that makes you think, "Why didn't I see it that way?
  2. Friedman's The World is Flat. In the new world, the definition of exploiter and exploited gets tricky, since America's use of cheaper engineers in China and India is also a form of empowerment and rise of the middle class in those countries.
  3. A few years ago, Toshiba was criticized for taking too long to repair broken computers, so Toshiba collaborated with UPS to make the process go faster.
  4. The first was the over-investment in fiber-optic cable that led to a market crash on tech start-up companies in the 1990s, making the public less excited about technological innovation as a source of wealth. Friedman claims that it will be increasingly difficult to keep information about our pasts private as we leave electronic footprints behind.
  5. The eighth flattener is insourcing. The first was the over-investment in fiber-optic cable that led to a market crash on tech start-up companies in the 1990s, making the public less excited about technological innovation as a source of wealth.

Thus there has been an explosion in the number of workers in the global economic labor force. The triple convergence is likely to cause some chaos and confusion; the great sorting out will recalibrate the ceilings, walls, and floors that define us.

Friedman offers some examples of the issues that result from the triple convergence that will have to be negotiated in the great sorting out, such the world is flat chapter 3 the triple convergence when an Indian company won the contract to upgrade the unemployment department of the state of Indiana because it was able to place a bid 8.

Some questions that arise are: Notes There are two glaring issues in this section of text. The first is the parallel that Friedman draws between himself and Christopher Columbus by claiming that Columbus had to prove to his contemporaries that the world was round while Friedman will prove that it is flat.

The idea that Columbus was challenging the status quo was popularized by Washington Irving in his biography of Columbus, written in 1828. The second issue that emerges in this section is also related to metaphor: It seems this notion emerges from the convergence of two ideas--the first, that the global market has become a level playing field, and the second, which describes the complexities of 21st century globalization.

While this metaphor works because Friedman can weave it throughout his narrative, which is at times unwieldy, it may not accurately portray what Friedman is arguing. After all, Friedman contends that Globalization 3.