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1. How have you experienced globalization?

Provide one example of each of (1) goods,


(2) services, (3) ideas that has become widely accessible due to globalization and
explain why your examples are good representative of globalization (apart from the
examples given in the reading)
Wider range of raw materials at low costs. Businesses benefit from
globalization's ability to access raw commodities at lower prices, giving them a
competitive edge. Organizations can benefit from cheaper labor costs in developing
nations as a result of globalization, while simultaneously utilizing the technical
know-how and experience of more advanced economies.
Due to globalization, various components of a product may be produced in various
parts of the world. The automotive industry, for instance, uses globalization
extensively because various car parts may be produced in many nations. Even
seemingly straightforward goods like cotton T-shirts can be produced by companies
across numerous nations.
Call centers and IT services from India, and increased jobs in countries where
job is needed. Services are also impacted by globalization. Many American
enterprises have contracted with Indian firms to provide call centers or information
technology services. Because of Mexico's reduced labor costs, U.S. automakers
moved their operations there as part of the North American Free Trade Agreement
(NAFTA). The end consequence is greater employment in nations where it is
necessary, which can boost the national economy and raise living standards. China
is an excellent illustration of a nation that has greatly profited from globalization.
Another instance is Vietnam, where the rise in rice prices brought many
impoverished rice farmers out of poverty as a result of globalization.
Boosting technological development. Global knowledge flows are becoming more
intense, which suggests significant advantages of globalization. Although
globalization has drawn a lot of criticism for potential negative impacts, it has
accelerated the transfer of technology across boundaries in two ways. First,
globalization makes it simpler for nations to access knowledge from other cultures.
Second, it boosts incentives for businesses to develop and acquire foreign
technologies by enhancing international competitiveness, notably as a result of the
rise of emerging market corporations.
The recent slowdown in innovation at the technological frontier has been partially
compensated by the increased transfer of knowledge and technology to emerging
market economies, which has also assisted in driving income convergence for many
emerging nations. In contrast, the technology slowdown at the frontier has had a
greater impact on advanced economies.
Finally, our research uncovers evidence that the innovation of the technology
leaders themselves is mutually beneficial. This shows that there may be room for
beneficial spillovers from these new innovators to the traditional innovators in the
future given China and Korea's significant contributions to the growth of the
technological frontier. Technology and knowledge do not merely flow in one
direction.
2. In your own words, what lesson that we can learn from the blind men parable
specifically in understanding many issues around the world?
Reductionism has been helpful in understanding many systems of ideas. But
there are others whose properties are almost impossible to understand from
knowledge of its parts, and thus analytic thinking has little to no help. People,
especially academics, often go for reductionism as their approach in understanding
complex phenomena. To illustrate this, in engineering, we think of the total energy
accumulation of, say, a chemical reaction occurring in a stirred tank as being the
sum of its parts – the rate of heat flow to the system from the surroundings, rate of
work done by the system on the surroundings, rate of energy added to the system
by mass flow into the system, and rate of energy leaving the system by mass flow
out of the system.

These parts are divided further into more terms. For instance, the work term could
be divided further into two terms: flow work, and shaft work. The goal is, through
reduction to component parts and simplification made on the system, to develop a
representation of the energy accumulation that involves terms that we already
know or terms that are readily computed.
There are, however, exceptions. In other systems, especially concerned with life and
life's emergent properties (morphogenesis, autopoiesis, and metabolism), emergent
properties of the system are said to be almost impossible to predict from knowledge
of the parts of the system. In such cases, it is suggested to look at it in a holistic point
of view.
3. What issue in the country or the world right now is the most interesting and relevant
for you? (Aside from Global Pandemic)
On implementing self-driving cars. Self-driving cars use a combination of sensors
to understand their environment, including radar, lidar, sonar, thermographic
cameras, GPS, odometry, and inertial measurement units. Modern control systems
analyze sensory data to determine the best routes to take, as well as impediments
and pertinent signage. They are expected to have a significant impact on the
automotive sector, as well as the health, welfare, urban planning, traffic, insurance,
labor market, and other fields as future technologies.
The potential benefits of increased vehicle automation described may be limited by
foreseeable obstacles like liability disputes, the time required to convert the existing
stock of vehicles from non-automated to automated, resulting in a lengthy period of
autonomous vehicles and human drivers sharing the road, resistance on the part of
individuals to giving up control of their vehicles, safety concerns, and the
implementation of a legal framework and uniform global government regulation
Additionally, future cyberattacks might pose a risk to autonomous driving.
Other challenges could include de-skilling and lower levels of driver experience for
handling potentially dangerous situations and anomalies, ethical issues where an
automated vehicle's software is forced to choose between multiple harmful courses
of action during an unavoidable crash (the "trolley problem"), worries that a
significant number of people currently employed as drivers would lose their jobs,
and the potential for more invasive mass surveillance of location, association, and
other factors.

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