COMN 1000 Lecture Notes - Lecture 8: Telematics, Technology Transfer, Deindustrialization

• School: York University
• Department: Communication Studies
• Course: COMN 1000
• Professor: David Skinner

Document Summary

Bringing together information (computer) and communications (telecommunications) technologies (ict) or (telematics) has marked: acceleration of global economic system, economic activity that hinges on the production and distribution of information (satellites, complex networks, interactive cable systems, etc) Global economy: since mid-1970"s de-industrialization the transfer of industry to mexico, south east asia, china, and usa sunbelt (cheap labour, little environment regulation, etc) To keep up, industries in old industrialized countries (oics) reduced staff and adopted new tech (productivity push) Ict has had key role in creating global economy: expediting movements of factories and investment capital overseas; (stocks, bonds, mutual funds, etc, coordinating production and delivery back to oics. A) at retail level allows just-in-time delivery; auto ordering, etc. B) for factory production allows companies to breaking up the labor process and save on inventory (ie just in time delivery) Ict is the key in helping companies relocate.