At a glance
- The first stage of globalisation began in the early 20th century, powered by a historical drop in trade costs
- In the most recent phase of globalisation, factories have crossed borders, along with the technological know-how of corporations
- The next generation of globalisation will leverage technologies such as AI, robotics and the Internet of Things
Globalisation 4.0 is our post-digital world and this demands new approaches to a range of issues, from technology and climate change to trade, taxation, migration and humanitarianism.
For more information on the issues discussed in this article, please get in touch with your local Zurich contact.