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Chapter Four - The Rise of Disruptive Technologies and Dominating Platforms

from Part One - Uncertainty, Risk and Anxiety

Published online by Cambridge University Press:  12 May 2023

Stephen J Toope
Affiliation:
University of Cambridge
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Summary

Anxiety is compounded in our era by two interlocking developments, the rapid emergence of new technologies that threaten livelihoods, and the growing dominance of network platforms that challenge our received understanding of privacy, and perhaps even of human personality and autonomy. Economic globalisation, with its huge flows of goods and services, has of course been driven in part by technology, along with the increasing ease of capital movements and the search for cheaper labour. From the global automotive supply chain to the makers of smartphones, corporations now participate in complex networks connecting research and development facilities in Western countries to chip producers in South Korea to assembly lines in Southeast Asia. But it may be that these supply chains have run their course. For example, electric cars are now being produced more cheaply in diverse “local” settings. Factory workers are being replaced by robots, thereby reducing the need for cheaper offshore manufacturing.

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Publisher: Cambridge University Press
Print publication year: 2023

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