Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com
On May 24, 1844, the painter and inventor Samuel F.B. Morse took center stage among a group gathered in the U.S. Supreme Court chambers, housed at that time in the Capitol basement. Morse was demonstrating his electromagnetic telegraph to mark the official launch of a pathfinding service that reached 30 miles, from Washington to Baltimore. He clicked out dots and dashes to spell a Bible quote chosen by the daughter of the U.S. patent commissioner: “What hath God wrought.”
Sending and receiving a telegram required a code-skilled operator, who could transmit 30 characters per minute. Another operator on the other end was needed to translate the code, and unless the recipient came to the Baltimore train station a courier would be needed to hand deliver the message.
Thirty-two years later Alexander Graham Bell shouted into a mouthpiece: “Mr. Watson, come here—I want to see you.” It was an iconic moment that yielded another of history’s most famous quotes. The world press corps, on the other hand, paid no attention to whatever was said by the first shopper who prowled grocery aisles while conversing, by cell phone, with someone on the other side of the earth. Such is technological progress. Such are ever-higher expectations for the next gizmo.
Such is the easy danger of not paying enough attention to how new technology impacts society.
Continue reading What hath technology wrought?
Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com,
In 1990 and a revised edition in 1999, Kenichi OHMAE published his book titled “The Borderless World“. This title reflected perfectly the spirit of globalization at that time.
Over the next 25 years, all developments in business, technology and politics seemed to confirm the practical, and even legal, elimination of borders and nation states as we used to know them.
The diffusion of the Internet has strengthened the idea that borders are no longer relevant. The traditional concerns of nations -territory, identity, national sovereignty seemed equally
anachronistic with swords and shields.
But someone forgot to tell all the politicians and voters, writes
Gideon Rahman in the Financial Times.
Continue reading Is Nationalism returning to the world stage?
Ian Bremmer is the president of Eurasia Group and a global research professor at New York University. You may follow him on Twitter @ianbremmer or @eurasiagroup.
This article has been posted in www.ekathimerini.com
In his new book, former Secretary of State Henry Kissinger argues that “chaos threatens” the world order “side by side with unprecedented interdependence” between nations. He’s right on target. The globalization of the world economy has proceeded alongside a host of threats that transcend borders: “the spread of weapons of mass destruction, the disintegration of states, the impact of environmental depredations, the persistence of genocidal practices, and the spread of new technologies.” But even as the world’s prosperity and problems become more intertwined, geopolitical conflict between traditional nation-states is on the rise.
The main driver for this growing volatility is a deteriorating US-led world order, what I call the ‘G-Zero’—the notion that we are experiencing a widening global power vacuum that no nation or group of nations will fill for the foreseeable future. America is becoming less willing and able to influence outcomes, precisely at a time when international leadership is increasingly critical. America’s exceptional ability to organize global institutions and the international agenda no longer holds…and there is no useful strategy to try and regain it. That underpins and links the geopolitical conflicts that feel ubiquitous today, from the South China Sea and Ukraine to Iraq and Syria.
Continue reading Should you bet with Kissinger on where the world is heading?