Digitalization, Trade and Politics

Historical experience suggest that political decision-makers are likely to listen to the interests of capital owners and employees who are losers in the new digital economy.

Digitalization not only reduces an organization’s costs of production, but also the costs of cross-border trade. In a global economy, advancing digitalization can result in one more factor causing realignment of traditional trading patterns and can accelerate the structural change of the entire global economy. This can and will result in income losses for certain regions and individuals – some of which will resist change…in predictable ways.

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#DefineFutureRelationBetweenFirmsSocietyAndPolitics #ArtificialIntelligence #Mobility

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