The New Era of Digital Globalization

TREND # 2 Globalization is the exchange of products, services, people, money, and data across national borders. In recent years, the growth of these types of exchanges has slowed down. This is to be expected. After all, the world contains a finite number of people, which limits how many can move from one country to another. The world’s population needs a finite number of televisions, t-shirts, and bananas, so there is a natural limit to the number of those goods that will be produced in one country and sold in another. But one type of exchange is not finite: data. In fact, the more data that people consume—in the form of videos, information searches, blogs, social media posts, and e-commerce...

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