Positive & Negative Impacts of ICT inGlobalization

By hannahlabrador7 | Updated: Feb. 4, 2023, 10:51 a.m.

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Positive and Negative Impacts of ICT in Globalization

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HI
HANNAH
my name is 
From ZGE-4304 CS1H
Information and Communications Technology (ICT) has had a significant impact on globalization, both positive and negative.
These are the Advantages and Disadvantages of ICT in Globalization
ADVANTAGES OF ICT
#1
INCREASED CONNECTIVITY
People and businesses may now interact internationally thanks to ICT
#2
IMPROVED EFFICIENCY
Technology has made it simpler to communicate information and conduct business transactions, resulting in higher productivity and cost savings.
#3
ACCESS TO INFORMATION
Because of the extensive usage of the Internet, information is now easily accessible to individuals all over the world
#4
GREATER MARKET ACCESS
Through e-commerce and other online channels, businesses may reach new clients and markets, extending their business potential.
DISADVANTAGES OF ICT
#1
JOB LOSS
Automation and the use of technology in the workplace, particularly for low-skilled workers, can result in job losses.
#2
INCOME INEQUALITY
The digital gap, which occurs when some groups lack access to technology and its benefits, can worsen wealth inequality.
#3
CYBERSECURITY
As technology has advanced, hackers and cybercriminals have found it simpler to steal critical information and endanger organizations and individuals.
#4
CULTURAL HOMOGENIZATION
The globalization of media and cultural material has the potential to reduce variety and homogenize cultural expression.
Therefore, ICT has had a significant influence in shaping the current condition of globalization.
The impact of ICT on globalization is complicated and multifaceted, and its consequences will change in the next years.
References:

[1] https://medium.com/@gizemnazli9/positive-and-negative-impacts-of-technology-and-artificial-intelligence-in-globalized-world-bfd546363bf4
[2] https://www.mywestford.com/blog/positive-and-negative-impacts-of-globalization/
Thank you for watching! I hope you learned from this.

Positive & Negative Impacts of ICT inGlobalization

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