(Harvest) Technological disruption is facilitating globalization by changing how economies work and how businesses function. It is also changing the human experience, which is one of the causes of the rise of populism. In many emerging markets, globalization has been beneficial. The average citizen of an emerging market has likely experienced an uptick in quality of life over the last few decades.
Many citizens of the developed world have had a different experience. A number of skill sets have become obsolete. Employment prospects have changed and/or diminished. Differences between the haves and have-nots have increased, and the gap in equality has widened.
