The factory goes small scale. New digitally managed 3D printers, desktop lasers, CNC milling machines and waterjet cutters open unforeseen possibilities for do-it-for-yourself enthusiasts and small businesses. New cottage industries are born. Welcome to the age of personal manufacturing.
For many decades international trade has grown on average nearly twice faster than world production. Nations have become more prosperous, but many people all across the globe feel that they have not given their fair share of this growth. The first extended period of globalization is over. Welcome to the world of globalization 2.0.
Have internet of things, robotics, artificial intelligence and other global changes reached a new quantitative or qualitative cumulative level?