When The Financial Times, the main British financial newspaper, announced that we are now in the Era of Information Technology, with a large capital letters written across the whole page, it has downed on many that we have stepped out of industrial era into a new one. The industrial era is over. Since then, the world has come together even more, via internet, and new markets have appeared.
China and India have come strongly into the global market stage, leaving the forces that have dominated during the past era, uncertain about their future. While it may be difficult to predict what is going to happen in distant future (these are economically turbulent times) it should not be so difficult to predict the near future. Key element in how the internet is going to be developing and who are going to be the leaders is the English language. The reason for this is off course that the English language is the most widely spoken and understood language in the world.
The Chinese, as a nation are not English speaking, such as Swedish and Dutch for example. So their side of the market is more likely to be, the computer hardware. And they already are undisputed leaders in the field of the micro-electronics.
The Indian and Pakistani population however does speak English, being former English colonies. We may see more of the web development companies emerging from India and Pakistan.
Right now, internet is mostly run by the Americans and the British. When I say run, I mean that the internet infrastructure largely is in the hands of the Americans. All of the 9 (I believe) world’s super servers that form the so called Internet Backbone are in The United States (hence they literally run the internet). While most of web sites are done by Americans and the British as well
While the lever of power is slowly but surely shifting from the west to the east, the west European countries are looking towards eastern Europe for resource of affordable workforce to make it more competitive for the times that lie ahead.
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