Future of Globalization — Transcript

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1. 0:02hello everyone this is rachel rivera
2. 0:04ramos
3. 0:04a bachelor of science in office
4. 0:06administration
5. 0:08executive class batch six from vataras
6. 0:11technological college
7. 0:13i created this video in compliance with
8. 0:16our subject
9. 0:17the contemporary world under professor
10. 0:19roberto blurette
11. 0:22so to start according to william gibson
12. 0:25the future is already here it's just not
13. 0:29evenly distributed yet
14. 0:31so what do you think come on and join me
15. 0:35as i unveil
16. 0:36the future of globalization
17. 0:52globalization is the interconnection of
18. 0:54countries all over the world
19. 0:56economically and culturally it is an
20. 0:58international process driven by trade
21. 1:01investment technology and finance
22. 1:04so before i can explain further the
23. 1:06future of globalization
24. 1:09we must be aware of what type of
25. 1:11globalization we have in the past
26. 1:14and on the present time people have been
27. 1:17trading goods for as long as they've
28. 1:18been around
29. 1:20as of the first century bc luxury
30. 1:22products from china started to appear in
31. 1:24rome
32. 1:25the vast trade network connecting asia
33. 1:28to the mediterranean
34. 1:29is called the silk roof due to the heavy
35. 1:31silk trade that took place that time
36. 1:34soon after people started trading spices
37. 1:39traditions innovations ideologies
38. 1:42and languages were also handed over
39. 1:46in religion buddhism originated from
40. 1:49india and became dominant in china and
41. 1:52japan
42. 1:53islam which is also from the arabian
43. 1:56peninsula
44. 1:58spread to south asia lending to native
45. 2:01beliefs
46. 2:02which leads to new faith
47. 2:05eventually the rise of textile
48. 2:08industrial goods transportation
49. 2:12factories and global supply chain
50. 2:15follows with all that being said
51. 2:19it brings us to the present time with
52. 2:21digital technologies continuously aiding
53. 2:24business
54. 2:24government education society both on a
55. 2:28national and massive global scale
56. 2:30the globalization today gives us a lot
57. 2:32of promise
58. 2:33to the idea of a newly transformed world
59. 2:37all right so i hope i'm able to provide
60. 2:39you enough background about the past
61. 2:41and the presence of globalization i told
62. 2:44you earlier that the future of
63. 2:45globalization is already here
64. 2:48that is correct with increasing
65. 2:50innovation
66. 2:51development and transferability of
67. 2:54technology
68. 2:55we will witness more integration and
69. 2:57interconnectedness in the world
70. 3:01the future of globalization depends on
71. 3:03what we have today
72. 3:04in this video posted by geek address
73. 3:08you will see a restaurant in china it
74. 3:11operates without
75. 3:12any chef just machineries this only
76. 3:15proves that the future
77. 3:17is already here another example is
78. 3:20bitcoin
79. 3:22bitcoin is a digital currency or
80. 3:24cryptocurrency
81. 3:25is stored in a digital wallet app
82. 3:29for example person a would like to send
83. 3:32money
84. 3:33to person b this is through online
85. 3:35banking of course
86. 3:37the bank will make sure that there is
87. 3:39enough balance on the account of person
88. 3:41a
89. 3:43and also the bank will transfer the
90. 3:45funds to person b
91. 3:46and make sure that it was received on
92. 3:48his account
93. 3:51with all those processed of course bank
94. 3:54charges a convenience fee for the set
95. 3:57transaction
96. 3:58and that is what bitcoin is trying to
97. 4:00eliminate
98. 4:02it was created as a way for people to
99. 4:04send money
100. 4:05directly to another person without the
101. 4:08help of any banking institution
102. 4:10apple also created a technology that
103. 4:12will help healthcare institutions
104. 4:15to connect remotely with patients by a
105. 4:17custom app
106. 4:18they also went up to the extent of
107. 4:20having virtual reality and augmented
108. 4:23reality
109. 4:23to improve surgery
110. 4:26with those technology being enhanced
111. 4:29today
112. 4:30i can sense a bright future for
113. 4:32globalization
114. 4:33once again my name is rachel rivera
115. 4:35ramos executive class by
116. 4:37six in pateras technological college i
117. 4:40hope you have a good day goodbye
118. 4:42[Music]
119. 4:56you