Impact Of Information Technology On Globalization

The internet has changed the world as we knew it. The world no longer communicates, does business, or perches commodities in the same a traditional way. E-mail, instant massager and chat rooms were the first innovations to be used by the public. As time went on more and more people depended on the internet to communicate with each other. It did not take long for the U.S. Postal service to see the decline in mailed letters. With the internet being so easy to access and email being so easy to use it quickly became the preferred way to communicate with family and friends over long distances. Companies soon followed suit to better serve their clients.

Internet, one of the greastest inventions of the twentieth century, can bring people all over the world closer together in physical seeing, communicating and getting the lastest activities and information of other people. With the support of technology devices accessing the Internet such as laptop, cellphone, tablet members of family can easily see the other ones at a million-kilometre distance whileas about twenty years ago, there was no way to do that. Another benefit of the Internet in connecting people is reducing the cost of trading communications because the internet allows commercial partners can communicate by sending emails and organing the meeting on air via monitors. Besides, the boom of social media in recent decade enables people

We live in a time of worldwide change. What happens in one part of the world impacts people on the other side of the world. People around the world are influenced by common developments.

In the late 20th century, technology began advancing so quickly that entire world economies underwent extraordinary transformations in very little time. It used to be only a handful of powerful people and corporations interacting in global trade and commerce, but technology has made it so “countries like India are now able to compete for global knowledge,” giving leaders and companies the ability to work with more nations than ever before (Friedman 7). The internet has given men and women the power to connect, communicate and provide information to people across the planet in an instant. It has given people the opportunity to seek knowledge, educate themselves and single-handily play a role in the world economy. This is called

With one click of a button, technology has allowed the world to communicate with people several thousand miles away in just a few seconds. Advancements in technology have a positive impact on the way people live around the world; the innovations and integrations of technology has allowed almost anyone to do almost anything. The world has become extremely dependent on technology, which creates a high demand for advancements that positively change the way of living, especially the way of communication, for everyone. Globalization and connectivity through technology has allowed for friends and family to visually communicate with each other through video-calling programs, the conducting of businesses internationally, and for medical assistance around the world.

Unit two literature review paper required me to brainstorm for research topics that I would want to explore pertaining to my major. A topic I found very intriguing was the impact of instant communication on globalization. I chose this research topic because I wanted to find out how the different means of instant communication such as emails, mobile phone calls, Skype video calls, text messages, fax, social media and to some extent the cloud affected how global business is conducted.

The Internet makes the world smaller. The ability to communicate and exchange information instantaneously and across enormous distances has enabled more individuals and businesses to participate in the economy, regardless of their location. Corporations can connect with suppliers, employees, and customers around the globe, and smaller businesses can find their customers anywhere in the world. Businesses can hire knowledge workers almost regardless of where they are, greatly expanding employment opportunities for people in the United States, and giving developing nations the ability to become economic powerhouses by providing information technology services to the rest of the world (Gates). The Internet, along with other computer technologies, is literally enabling some developing countries to "leapfrog" the industrial revolution and jump straight to the Internet Age (Malaspina 77).

The way technology has improved has greatly increased over the past years. It has changed to where we can communicate to people all around the world more easily. Social media for example: twitter is a way people can see peoples tweets from all over the world and communicate with friends. The first “SMS messaging was used for the first time on 3 December 1992, [citation needed] when Neil Papworth, a 22-year-old test engineer for Sema Group in the UK (now Airwide Solutions), used a personal computer to send the text message.” That was a long time ago and it has greatly improved ever

Forms of communication have especially changed with smart phones, computers, robots and etc. Smart phones not only improve the quality of life, but it can destroy it as well. Smart phones also have many different technologies on it as well such as Facebook, which is social media. The list of social media tools can probably go on for paragraphs. The Internet has a big impact on society because when the Internet was first introduced, no one could have ever imagined that it would be as big as it is today. The Internet also allows people to communicate and interact with individuals all over the world. In addition to that today’s technology changes so quickly that many industries can barely keep up. In the old-fashioned world, newspapers, corporations and governments basically had to give out information, and individuals would consume it by reading or looking at it. However, this seemingly tried and true method is changing.

The internet is the easier way for people to communicate with each other. It has made the world smaller by bringing people together everywhere and any time. This invention has important tools for people to contact and it has changed their way of communication in today busy world. In fact people are becoming totally dependent on the internet as a way of communication in their daily life, business and work. The limitation of old communication tools has made the use of internet for communication is wider all over the world .

The advancement of technology has influenced globalization greatly. Technology has allowed for consumers to become closer. Technology also has influenced the way countries communicate. From inventions that jumpstarted modern technology to the innovation of contemporary technology; the world has never been closer to one another. With technology continuously growing quickly it shows that future technology will be unpredictable. Such advanced technology will allow for globalization to be easier and smoother than ever before.

There has been a great deal of discussion in recent years about globalization, its impact has been both praised and criticized. Globalization is defined as the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications. I believe the technological advances have had a positive impact on globalization. The use of cellular/mobile phones and the internet have allowed easier access to conduct business anywhere in the world.

One of the most technological advancements that facilitated the globalization  of the world is IT(Information Technology). The innovation and the advancement of Information Technology facilitated the move to a more globalized globe that we have today. Information Technology plays a major role in different sectors around the world. Since the innovation of Information Technology from its infancy stage, it has been dynamically increasing, changing, and  innovating  bringing new idea and advancements that plays a crucial role in different  sectors across the globe such as in healthcare, education system, journalism and media, government, and many other sectors. Treverton, G., Wollman, M., Wilke, E., & Lai, explains, "The rapid pace of technological advancement, coupled with more than a century of intense globalization, has led to a highly interconnected world, characterized by the unprecedented movement of goods, services, people, finances, and ideas both across and within borders”(Treverton, G., Wollman, M., Wilke, E., & Lai, D, 2001, p. 89).

Globalization is the integration of the worldwide economy in which resources and products move freely across the globe. Globalization has been present for decades however it has predominantly become a more frequent process and has potential good and bad effects on the world of business. Problems can include competition in manufacturing jobs and unemployment in industrialized countries. However, this can also be beneficial in other situations as globalization gives you a larger market trade will be cheaper so more countries can import and export goods which can bring in profits to multi-national corporations.

In today’s world, with a few notable exceptions, nearly everyone in every region of the world has access to the same products, information and services. A long-distance relationship is no longer so distant, since each party involved in the relationship can communicate through Skype, Facebook or through any of the vast amount of social media available. A person in Easter Island, one of the most remote inhabited islands in the world, can go to the other side of the world and travel to Canada. An economic crisis in Argentina could affect the economic landscape in Brazil. A person in Chile or Peru can buy an Abercrombie and Fitch t-shirt because this transnational corporation decided to expand its market to developing countries, or as you might prefer, to emerging economies in South America. Although many of these examples might be trivial, these are the consequences of globalization.