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152MB Windowsmedia ABOUT THE LECTURE: Chances are good that Bhavya in Bangalore will read your next x-ray, or as Thomas Friedman learned first hand, “Grandma Betty in her bathrobe” will make your Jet Blue plane reservation from her Salt Lake City home. In “Globalization 3.0,” Friedman contends, people from far-flung places will become principal players in the marketplace. In his latest book, The World is Flat, Friedman describes the unplanned cascade of technological and social shifts that effectively leveled the economic world, and “accidentally Lecture Play time: 1hr 15min made Beijing, Bangalore and Bethesda next-door neighbors.” Today, “individuals and small groups of every color of the Audio Only: rainbow will be able to plug and play.” Friedman’s list of “flatteners” includes the fall of the Berlin Wall; the rise of QuickTime - 21MB Netscape and the dotcom boom that led to a trillion dollar MP3 - 53MB investment in fiber optic cable; the emergence of common software platforms and open source code enabling global collaboration; and the rise of outsourcing, offshoring, supply Audio and Video: chaining and insourcing. Friedman says these flatteners QuickTime - 152MB converged around the year 2000, and “created a flat world: a WindowsMedia - 210MB global, web-enabled platform for multiple forms of sharing knowledge and work, irrespective of time, distance, RealVideo - 123MB geography and increasingly, language.” At the very moment this platform emerged, three huge economies materialized -- those of India, China and the former Soviet Union --“and For more information, visit: three billion people who were out of the game, walked onto http://mitworld.mit.edu/video/266/ the playing field.” A final convergence may determine the fate of the U.S. in this final chapter of globalization. A “political perfect storm,” as Friedman describes it -- the dotcom bust, the attacks of 9/11, and the Enron scandal -- “distract us completely as a country.” Just when we need to face the fact of globalization and the need to compete in a new world, “we’re looking totally elsewhere.” ABOUT THE SPEAKER: Thomas L. Friedman won the 2002 Pulitzer Prize for commentary, his third Pulitzer for The New York Times. He became the paper's foreign-affairs columnist in 1995. Previously, he served as chief economic correspondent in the Washington bureau and before that he was the chief White House correspondent. Friedman joined The Times in 1981 and was appointed Beirut bureau chief in 1982. In 1984 he was transferred from Beirut to Jerusalem, where he served as Israel bureau chief until 1988. Mr. Friedman was awarded the 1983 Pulitzer Prize for international reporting (from Lebanon) and the 1988 Pulitzer Prize for international reporting (from Israel). His book, From Beirut to Jerusalem (1989), won the National Book Award for non-fiction in 1989 and The Lexus and the Olive Tree (2000) won the 2000 Overseas Press Club award for best nonfiction book on foreign policy and has been published in 27 languages. Born in Minneapolis, Friedman received a B.A. in Mediterranean studies from Brandeis University in 1975. In 1978 he received a Master of Philosophy degree in Modern Middle East studies from Oxford. .
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