A Sense of Globalization Is Very Important

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Foreign Policy Contributing Editor Christina Larson talks with Google Chairman of the Board and Chief Executive Officer Eric Schmidt about what makes a city smart, how not to lose $1 trillion -- and the one place he's never been. Very interesting read.

Excerpt:

How is information technology changing the world?

When I was growing up, an elite controlled the media. And the majority of the world was very, very poor, both in a resource sense and an information sense. Since then, a set of things have occurred: the digital revolution, the mobile revolution, and so forth -- of which I am enormously proud because they are roughly the equivalent of lifting people from abject poverty and ignorance to a reasonable ability to communicate and participate in the conversation.

Information empowers individuals. And it has a huge and overwhelmingly positive impact on society. Think of someone who can now get information about finance or technology, or they're in school and they can't afford textbooks but access information online. Or imagine medicine -- I mean there's just issue after issue.

Globalization has clearly been responsible for lifting at least 2 billion people from abject poverty to extremely low levels of middle class. As a result, they have greater access to education and opportunity; they are much less likely to attack you, and they're busy trying to fulfill their low-cost version of the American Dream. They're trying to buy a car.

Read the entire interview: "Googlopolis"

Posted by: The Global Small Business Blog