Technology has rapidly increased globalization creating a worldwide system of integration the likes of which we have never seen or experienced before in history. In the past, countries and their economies could be nearly 100% self-sufficient. But technology has now enabled ideas, products, services, people and knowledge to transfer around the world, linking economies and nations and making them both interconnected and interdependent.
Imagine a factory or warehouse where employees can work freely, no longer constrained by computer workstations or scanners that can act as chokepoints on a shop floor. With the aid of multiple, hands-free devices, workers would simply follow real-time updates and instructions that appear in their line of sight, allowing them to work smarter and faster.
Carnival Corporation Received Clean Tech Award For Best Marine Solutions
LONDON, ENGLAND, February 2, 2015 /3BL Media/ – In an economy characterized by unrelenting and rapid change, innovation is critical for the survival of any individual or company. 2014 has been no exception. In recent months we've seen any number of big ideas change the global economy for the better. In The New Economy Awards 2014, we take a look at the biggest achievers of the past year: the firms and individuals that have redefined what it means to do business.
A draft of a forthcoming United Nations report on the effects of climate change paints a dark future for the global economy. It finds that the failure to take action has made large-scale climatic shifts inevitable. These shifts will result in catastrophic weather events that will have severe effects on the global economy: slow economic growth, scarcity of resources, disruptions in supply chains, increased poverty, and general business uncertainty.