India is the second fastest growing economy in the world, second only to their Asian neighbor China. Both have embraced globalization yet are racing to secure resources as their economies, populations, markets and environments grow out of control. India has the second largest population with almost 1.5 billion citizens.
My understanding of India’s impact on the global market continues to grow after reading Planet India: How the Fastest Growing Democracy Is Transforming America and the World. Mira Kamdar’s has hilighted both positive and negative (poverty, piracy and global warming) developments in India.
I’m very impressed by India’s innovation in creating the world’s next motion picture industry. Bollywood will not compete with Hollywood in America, it will simply run it over as India’s youth overtakes America. Remember their population is growing and has acquired new-found wealth as a result of globalization. It is a safe bet their children will be interested in watching movies like American teenagers.
Continue reading “Latest read: Planet India”
The 2008 Fall Internet2 member meeting last week in New Orleans proved that Big Science is here and I’m not sure the world is prepared to handle LHC’s generated data. The session included an HD video conference to the Large Hadron Collider.
October 15, 2008, 8:45 AM – 10:00 AM | UTC/GMT -5 hours (CDT)
The Large Hadron Collider (LHC) represents a major milestone along the path towards a new understanding of the fundamental nature of the physical universe. This is a major milestone for physics, and also an important milestone for the Internet2 advanced networking community in supporting research in the U.S.
The LHC will generate many petabytes during each year of operation, and will accumulate an exabyte of real and simulated data within the first decade of its estimated 20 years of operation. Internet2 and its regional partner networks, ESnet and USLHCNet will provide the critical national and transatlantic infrastructure linking U.S. LHC scientists to the data, and to their partners in Europe and Asia.
To celebrate and highlight our community’s work, Internet2 will present a live peek behind the scenes at the LHC using advanced iHDTV technology developed by the ResearchChannel and University of Washington to provide our community a first hand view of the biggest science device on the planet and discuss the importance the community’s investment in cyberinfrastructure to this work and in future research and discovery.
This session The Importance of Cyberinfrastructure for Higher Education was truly a peek at new demands for massive data transfers over the internet. LHC project research will be expected to generate over 5 petabytes of data. Over today’s advanced 100Gbit networks this data will take one week to transfer from LHC to the large science research centers in America.
One week over the most advanced networks available today? Time for an upgrade.
Tags: Internet2, bandwidth, network, fiber, globalization, petabyte, large hadron collider, LHC, CERN, gigabit, trends
The Fall member meeting of Internet2 is underway this week in New Orleans. Tulane President Scott Cowen is giving the keynote address. Catch the conference netcasts here. HD video is supported as well.
Tags: Internet2, bandwidth, network, fiber, globalization, trends
Tectonic Economics? Robyn Meredith has written a must read book, The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us. Take a look at Wall Street lately? Then think about oil, the environment and the post cold war shift in the global economy. Its time for business and education to take note…and fast.
Tectonic Economics is about the impact of the two fastest growing economies who have embraced capitalism AND globalization at the same time.
And by the way America and Europe have been left out of this economic growth spurt since 9/11.
Actually at the rate China and India are rising you just need to look at both countries since 9/11 to see their immediate impact.
Meredith has done a great job of helping understand these two transformations. There is no more waiting for a new generation they have arrived and instituted global change in less than a decade. For most Americans they still do not see changes occurring at this speed affecting the global economy.
Meredith makes the hard salary figures easy to understand why companies around the globe have jumped to China and India. But this will not be easy for IT professionals in America. India’s InfoSys hires computer science graduates (some also have an MBA) to be a VoIP specialist in Bangalore with an annual salary of $5,000. Yes, five grand a year for a VoIP specialist. This similar type job in California via InfoSys pays $120,000.
This should be really easy to understand why hundreds of tech companies including Cisco, Apple, IBM and HP have moved operations (some larger than others) to Bangalore. Remember you have to please your stockholders. The changes already underway (and under the radar) will continue to add stress to America’s middle class.
Continue reading “Latest read: The Elephant and the Dragon”
I’m a fan of Gladwell’s previous works The Tipping Point: How Little Things Can Make a Big Difference (review posted here) and Blink: The Power of Thinking Without Thinking (review posted here) naturally I’m glad to see his new release Outliers: The Story of Success is scheduled to hit bookshelves everywhere this November.
If you enjoyed his previous work, I’m sure you’ll agree it will be worth the wait.