Globalization and automation are reshaping industries worldwide from "summary" of Race Against the Machine by Erik Brynjolfsson,Andrew McAfee
Globalization and automation are powerful forces that are fundamentally changing the nature of work and industries around the world. Globalization has enabled companies to access new markets and resources, leading to increased competition and efficiency. This has resulted in a shift towards a more interconnected global economy, where goods, services, and information can flow more easily across borders.
At the same time, automation technology has advanced rapidly, allowing businesses to automate tasks that were once performed by human workers. This has led to increased productivity and cost savings for companies, but has also raised concerns about the impact on employment. As machines become more capable and versatile, they are increasingly able to perform a wider range of tasks that were previously thought to be the exclusive domain of humans.
The combination of globalization and automation has created b...
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