GLOBALIZATION (4th INDUSTRIAL REV.) 1.

The Berlin Wall – when it was collapsed,

- Characterized by the movement of
technology, people, ideas and goods with
heavy involvement of the Internet.
World Powers: USA and CHINA
Digitization – analog becomes digital
Ex. Dati need ng vinyl or cd to listen song, ngayon,
may spotify na.
• Faster technology
• Easy access in documents, media and
transactions
• Caters to the immediate needs of people with
less risks
Cyber world – world wherein most activities happen
digitally
nagkaroon na ng connected between two
places
2. Netscape – Andreessen and Clark
- Shared files, music, movies, etc. that can be
accessed viewed by many people
- (1993-1995) – nagging accessible na yung
internet sa mga normal people
3. Workflow software – software that “let’s set-
up”, monitoring, and collaborations of
workers on specific work industries
Ex. Monday. Com
4. Offshoring – involves developed and
developing countries
- Iba yung nagmamanufacture ng products (3rd
world countries)
5. Outsourcing – cheap labor cost

Digital economy – economy that relied on digital

technologies
- Banking and finance
- Stocks and trades
- Purchasing and delivery
- Trading and inventory
- E-commerce

A.I.
- machines that can do what a typical human
can.
- Machines or technologies that require less
human interaction

Risk Management – area in business and

technology that lessen the impacts of risk

China – Xi Jinping “belt and the road”

- Reminiscing the silk road

Ethics

• Online ethics – by being responsible for

things you post online, do not access profiles
that is not yours etc.

THE WORLD IS FLAT BY THOMAS FRIEDMAN

- Movement of products and goods (services

are like liquid)
- People can communicate faster and better
- The world became a playing field