Texas Instruments gets 85 percent of their revenues from outside of the country. That is a phenomenal fact when you think of the subprime housing market mess we keep hearing about. Globalization is here and it's time to start thinking about the new world economy, though I doubt its new anymore. A couple exciting changes I see in the near future:
1. The music industry will become a machine featuring diverse markets and a ton of choice.
2. The internet becoming the market of choice for 95 percent of the worlds goods ( as our economy continues to mature, I think that the future of what people will do for a living will become programming and web based. I believe that gaming is our future, and that people will find ways to make a living in programming more and more )
3. As technology continues to mature and the internet becomes more mobile, look to see a revolution for online content. I think social networks are going to become increasingly obsolete as people start taking their content with them wherever they please.
Google reported their crazy profits the other day and it was said that 49% comes from overseas. I think as other economies mature that it will just keep getting bigger and bigger. Learn to create online. Should be good times. Im excited to see what happens.
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