Global Paradox:The Bigger the World Economy the more Powerful its Smallest Players

Author: John Naisbitt©1994

Zach AllardCS 408-0212/4/2012

Overview

How the growing global economy has forced large companies to split into smaller sub-companies.

A telecommunications revolution needed to take place before a global economy could exist.

Telecommunications include phones, televisions, computers, consumer electronics.

How it applies

The Telecommunication Revolution: Four ideas needed to be realized to go global:▪ 1. Technologies would blend together.

(phones/television/computers hybrids)▪ 2. Strategic alliances between cable, phone, and internet

providing companies. (Allows access to information fast and easily)

▪ 3. A need for a global network. (being able connect with any one anywhere in real- time)

▪ 4. Everyone will have a telecomputer. (a device to send and receive voice, data, image and video)

Maps out the revolution of telephones into smart phones and the beginning of global connectivity.