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Notes on tech

Notes on technology, business, enterpreneurship, economy, markets along with interesting general tidbits.


The world is flat

6/12/2005 10:33:00 PM, posted by anand

Here are the top 10 levelers according to Thomas Friedman (author of the book The World Is Flat: A Brief History of the Twenty-First Century). He is interviewed here.

The 10 Great Levelers

1. Fall of the Berlin Wall
The events of November 9, 1989, tilted the worldwide balance of power toward democracies and free markets.

2. Netscape IPO
The August 9, 1995, offering sparked massive investment in fiber-optic cables.

3. Work flow software
The rise of apps from PayPal to VPNs enabled faster, closer coordination among far-flung employees.

4. Open-sourcing
Self-organizing communities, à la Linux, launched a collaborative revolution.

5. Outsourcing
Migrating business functions to India saved money and a third world economy.

6. Offshoring
Contract manufacturing elevated China to economic prominence.

7. Supply-chaining
Robust networks of suppliers, retailers, and customers increased business efficiency. See Wal-Mart.

8. Insourcing
Logistics giants took control of customer supply chains, helping mom-and-pop shops go global. See UPS and FedEx.

9. In-forming
Power searching allowed everyone to use the Internet as a "personal supply chain of knowledge." See Google.

10. Wireless
Like "steroids," wireless technologies pumped up collaboration, making it mobile and personal.

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