Presentation By Dr. Bob Couch The World Is Flat: A brief History of the Twenty First Century By Thomas L. Friedman Contributors Mr. Michael J. Petrilli Dr. Minnie Blackwell

Globalization-The Now Generation Globalization 1.0 Globalization 2.0 Globalization 3.0

World Becomes Smaller Where does the US fit? How can the US fit? Shift to a knowledge economy

Globalization 2.0 World shifts from medium to small Emergence of multinational companies Movement of goods shifts to movement of information and services

Globalization 3.0 World shrinking from small to flat Economic playing field becomes level Individuals can now compete globally

Forces That Flattened the World Fall of Berlin Wall on November 9, 1989 Created opportunities for economic freedom The countries and individuals in the bottom 40 percent of the economy could become participants

Netscape Goes Public August 9, 1995 World access to the internet to the very poor and to the very rich Selling goods and services and purchasing goods and services internationally Windows 95 released the week following Netscape took its stock public

Bangalore Becomes Suburb of North Dakota A flat world of technology creates neighbors An interactive and virtual world is born Knowledge expands and is shared

The Untouchables Individuals who cannot be replaced by outsourcing Bill Gates---Special Knowledge Accountants, Lawyers—Specialized Plumbers, Waiters—Anchored Idea Worker—Adaptable More educated—more options

The Quiet Crisis Dot Com misconception—Hard work not necessary China and India took advantage of the flat economy Steady erosion of US engineering, math and science Must be innovative and creative

Dirty Little Secrets NUMBERS GAP NASA—40 percent of workers (18,146) are fifty years of age or older AMBITION GAP Jobs overseas save 75 percent of wages EDUCATION GAP Intel Science/Engineering Fair in China 65,000 American students 6 million Chinese students

UPS –Your World Synchronized Goggle and Yahoo Whether in Cambodia or Boston All have the same access Opens world of opportunity to rural citizens any where in the world Technology is the great equalizer and has flattened the world China is now the new leader in holding US debt