Why will future globalisation be so different | Richard Baldwin | TEDxLausanne

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Published 2018-09-19

Are you ready for future globalization? Everyone knows about the rise of the robots, but the same digital technologies are also creating a new "virtual" globalization – where talented foreigners sitting abroad can work alongside us in our offices. Due to advanced telecommunications and machine translation, it will seem almost as if these "tele-migrants" are actually there and speaking the same language. Think of it as the "gig" economy gone global. Richard’s talk illuminates a path to preparing for the changes. Richard Baldwin is Professor of International Economics at the Graduate Institute in Geneva, having served, in 1990, as a Senior Staff Economist in the White House. His 2016 book, The Great Convergence: Information technology and the New Globalisation, was cited by Lawrence Summers as one of the 5 most important books on globalisation ever, and listed among the Financial Times’ Best Books of 2016. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

All Comments (21)

@user-xs7zt2eq7f 1 year ago

Its so dry like the Sahara but i know what to write for DB now.
@wallflower3604 3 years ago

Corona made this come even faster
@kurukung3985 3 years ago

I'm here for my reaction paper :)
@magdalenawells9852 3 years ago

Watching Richard Tedx talk which he made back in 2018. Now how real it is!
@argusfest 2 years ago

Because we all know how much better Amazon has made the world. Crushing small business and creating monopoly is great isn't it!
@adibaxonmansurova5939 1 year ago

Very well
@AI-rp8xc 4 years ago

I just looked in the comments for awnsered to my work I got none
@dolphrimp 3 years ago

Why do I feel like I just listened to something but the talk didn't really convey anything lol Maybe it's because I'm not paying full attention...
@johnwhymer7364 5 years ago

Bold hypothesis: intensification of trade in the 19th century has not only caused the two world wars, but also fascism and communism? Do all economic historians see it that way? "And so, in my opinion, globalization 4.0 is the third unbundling, and it will happen when Digitech allows arbitrage of international wage differentials without having to move workers." And what happens if these "digitizable services" can not only be "telemigrated" by AI & robots, but can also be provided by AI & robots? This could then lead to a de-globalization. Deglobalization 1.0 ;-)
@krishnarajs7327 4 years ago

Interested to know more about the various upcoming phases of globalisation!!
@exclusiveaccountforwatchin6237 3 years ago

That is just what I do and I did.
@yungiparang 5 years ago

Although globalzation have been homogenizing cultures of diffrent countries, he overlooked cultural distances. Within the same country people, communication usally is the main root of problems. And most of tele-commuting workers are not wokring fully in home because of the need of face-to-face communications. Moreover wage gap has been decrasing globally at least for skilled workers. So i think that incentive to tele-migration that he claim will be not increasing. I guess it's coming slower than he believe.
@johararenonos2033 3 years ago

Nauto ako ah napapikit din ako ng mata 🙂
@paulangeloruelos9402 3 years ago

Hi Block 2 UCU Psychology students. We're all here for the reaction paper 😂. Study well 😊
@MartinAngelucci 3 years ago

I think Slumdog Millionaire shows how this migration is already existing in call centers. Good one.
@InADarkTavern 3 years ago

Ok here's the issue, unless international regulations are put in place about labour and taxes, companies will continue to exploit other countries, and with increased globalization this will be a much bigger issue.
@1290DR 3 years ago

Is this really the world we want to work in?
@jerlyncalbang8203 3 years ago

I'm here for my reaction paper and my reaction is 🤦
@user-mj2os1gn2e 2 months ago

In most countries we are aware of the rest of the world. In the USA...not so much. GL.
@chickennoodlesoup347 3 years ago

I'm having difficulty watching this video because it's an iPhone 3GS, not an iPhone 6s.