Name of Student
Course Name, Course Number
Thomas Friedman is an author of various best-selling books and received the Pulitzer Prize twice – one was in 1983 and the other one was in 1988. In the video, Friedman discussed the content of the book titled How the World Became Flat. This paper presents a summary of the video and its application to students and the world.
Friedman`s delivery of the subject was very organized and straight to the point. To make the delivery more understandable, Friedman provided situations and examples. According to Friedman, the technological evolution has caused the world to flatten. Through technology, many nations have experienced progress. India, for instance, now has a big number of individuals that have the capabilities to compete for knowledge globally. Friedman enumerated ten instances that make the world flat such as outsourcing, insourcing, offshoring, uploading, and a lot more. These are flatteners which converge to form a global platform that enables multiple collaborations. Businesses make use of flatteners for successful globalization. Friedman further states that there are three billion individuals that make use of flatteners.
In the video, Friedman applied the participation of America in the flat world. Friedman claimed that the United States is still leading in free trade. Furthermore, as long as the world of globalization continues to grow, more people will demand for products and services. In economics, the greater the demand, the greater will be the supply. To render greater supply, there is a need to hire more individuals to do the job. Friedman emphasizes the fact that India and China are presently doing well in terms of economic condition and that the two nations are contending with the United States to the top post. Because of this competition, this will encourage America to create for higher standards. Friedman illustrates how products and services are becoming more tradable. Jobs are also digitized, automated, or outsourced. Friedman mentioned how Steve Jobs, Dell, and other innovators dropped out from college and became successful through the use of existing flat world. Jobs, after dropping out from college, went to study calligraphy. From that time on, Jobs developed lots of innovations in the technological world. Friedman cited an example on how Southwest Airlines issue boarding tickets through technology.
Friedman highlights four points that educators and employers need to be equipped with to be at par in the flat world. People need to have the capacity to know what it takes to learn. Friedman also states the need to be more inquisitive, passionate, and intelligent. Third, people have to be interactive and learn how to relate well with others. Finally, Friedman explains the need to have the right mental attitude. The United States of America, the largest economy, insofar, has the capacity to join the flat world because of the nation`s diverseness. America is a mixture of laws, institutions, as well as cultural norms thereby producing innovation, trust, and collaboration. This has enabled the country to continually make innovative actions to improve the economy by raising the standards of living.
In the video Friedman uncovered some of the factors that can be stopping Americans from using the resources that they have to alter their course. Some of the secrets include the education gap, the numbers gap, the funding gap, and many more. Friedman provided an outline that would make the United States progressive in the new flat world. Americans need to have the education, outlook, skills, and security to compete with others. Leadership, parenting, and social activism are just some of the suggested tools. For the developing nations, Friedman also outlined what they need to have to continue thriving in the flat world. Friedman cited commitment, competitive markets, introspection, education, governance, refinement of infrastructures. In addition, for people to understand the economic performance of a country, the need to take into account its culture is imperative.
Friedman contends that open cultures are those that best adapt to global practices and are more flexible to changes. A business, for instance, can be functional within the bounds of globalization through the use of cheap resources from companies across the globe. This is only possible when a business participates in a flat world. The attempt towards the accomplishment of a status far better compared to rivaled companies would signify the use of minimal resources for the purpose of acquiring greater profit. The embodiment of using the least resources is paralleled to having back-up support of major businesses and obtainable resources. Various cultural aspects such as education, demographics, social perception, media, and technology tend to impact a country`s business development objectives. Globalization has influential effect on a company`s decisions mainly because of the key movers in the business that determine the decisions to implement. With the urgency to withstand the robustness of globalization, companies must be flexible in adjusting for certain strategic lead. An important part of Friedman`s lecture points to the need to have visionary leaders and a willing society. Friedman also suggests the use of imagination to become successful in the flat world. When an individual is well-versed in the use of various advantages of a flat world, that are mere bits and bytes connecting and collaborating people, that individual is certain to succeed.
YouTube. 2013. MIT Milestone Celebration | Keynote Address. [online] Available at: http://www.youtube.com/watch?v=EcE2ufqtzyk
Name of Student