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- [Narrator] Thanos versus an entire universe of superheroes --
"Infinity War," an epic film with an epic budget
that had an ending that shocked audiences.
- [Man] And then I felt it here. I'm like, no no--
- [Narrator] Don't worry, no spoilers here.
What can a movie about superpowers,
Infinity Stones and a talking raccoon tell us about the real world --
a real world where we worry not
that Iron Man might be overmatched by Thanos --
but that people might be overmatched
against the forces of globalization and automation?
If we dig deeper, we'll find that "Infinity War" provides a door
to better understand just how globalized our world has become.
To help us on this journey, we've recruited two experts
on the global economy, Ian Bremmer -- political scientist,
best-selling author, and founder of Eurasia Group Foundation --
and Tyler Cowen -- economist, also best-selling author,
and professor at George Mason University.
- [Ian] I think what's fantastic about "Infinity War" is that
it was truly a global production.
Most of the production was not just done in Hollywood --
it was all over the world with people, and ideas, and actors.
Kids and adults all over the world were excited about the countdown
for the release of this film, which by the way was happening
on top of the tallest building in the world in Dubai.
- [Tyler] I don't like most comic book movies.
For me a movie is about dialogue and drama.
Godzilla is my favorite superhero.
♪ ["Avengers" theme music] ♪
- [Narrator] 230 million people watched the "Infinity War" trailer
in the first 24 hours.
The interwebs were abuzz
from seemingly every corner of the planet.
It set records across the globe and opened No. 1 in 52 countries.
- It was the largest opening weekend of any movie in history,
and it was also the fastest to get to a billion dollars
in just over a week in revenues.
It's just really staggering to think about.
- [Tyler] So he's sort of built out of radiation.
He's a giant lizard.
He saves Japan.
He represents symbolism about nuclear weapons.
- In a world, where so many things feel like we're coming apart,
this shows you how one of the most important dynamics
in the world today -- people coming together
around something that you can say is kind of silly.
It's a superhero movie.
- Forget about the other stuff -- Godzilla.
- [Narrator] In the end,
while "Infinity War" broke records domestically,
its international revenue more than doubled that
from the U.S. and Canada.
Other movies are seeing a parallel trend.
The international market is more important than ever.
- If you're a Hollywood movie maker,
it is now the case that very often more than half
of your revenue comes from other countries.
So you've got to think, what can I put in my movie
that will translate well to other cultures, other languages?
And I will tell you -- special effects, explosions,
big events on the screen -- they work really well
in a large number of different countries.
- [Narrator] Filmmakers also have to think about how their movies
will play with different cultures.
For example, in "Inside Out," the filmmakers at Pixar created
an alternate version of the film that eliminated broccoli
which American kids loathe, and Japanese kids love.
- And replaced them with green peppers,
which Japanese children find revolting.
- [Narrator] International fan bases not only mean bigger budgets,
but more variety.
Whether your niche is extreme sports, animé,
or Iranian drama, there's plenty to choose from.
- And these movies don't make most of their money
in their native countries.
They're able to survive and flourish
because there are these global markets.
- [Narrator] Globalization has transformed movie-making.
You can collaborate across borders,
build international fan bases,
and create niche content --
plus learn what veggies Japanese kids find revolting.
This isn't just in the movies.
Globalization is remaking virtually every sector
of the economy.
What do these trends mean for future jobs,
future society?
To answer that, we need to step back
and see how we got here.
We'll go through the four levels of globalization.
We'll start with Globalization 1.0.
This is life in a village.
Transportation was expensive, dangerous, and slow.
You can hop a slow sailboat that is pretty likely to sink
or take your chances on foot.
Trade was limited to luxuries for the wealthy
and essential raw materials --
think jewelry, spices, and copper.
The average person's life wasn't affected by trade.
The goods they consumed were local.
The information and ideas they consumed were local.
They came from people in their village or town.
- So before the railroad came, you know it was actually the case
that in New York City, they produced the milk
right in Manhattan, and that's where you would get your milk.
The cow would be in Manhattan.
- [Narrator] Even big monumental ideas were slow to migrate.
It took 200 years for the idea of the compass
to get from China to Europe.
[squeaky voice] Gracias!
So how do we get to the next level?
Developing cheap and fast transportation of goods.
Think better ships and navigation technology.
- [Man] Land ho!
And steam power, steamships and railroads,
cars, trucks, airplanes, and container ships.
This unlocked Globalization 2.0.
This is life with world trade.
No longer did you just consume what was local --
the goods you consumed came from all over the globe.
World trade explodes in the 1800s.
- So what happened with the spread of canals and railroads,
you ended up having the cows in upper New York state,
and the milk would be shipped in,
and that's what enabled New York City
to become so interesting, so cultural, so vibrant,
such a financial center --
basically getting the cows out of Manhattan.
- [Narrator] This trade benefitted dairy farms as well.
They scaled up and specialized,
producing higher quality milk at lower prices.
It wasn't just milk.
Growth and trade allowed businesses of all types
to leverage machinery to produce much more
than previously imagined.
We get the Industrial Revolution,
which transforms living standards around the world.
But while movement of goods was cheap,
movement of information and ideas was still too slow.
- [Man] Ridiculous!
- [Narrator] There's no computers, no internet,
and phone calls were pricey.
This means that people working together
have to be physically in the same place.
We see the rise of huge factories, like Ford in Detroit.
Back then, if you bought a Ford, it was not just made in the USA,
it was made almost entirely in one single place.
So how do we get to the next level?
We figured out cheap and fast communication --
personal computers, the internet,
GPS, email, smartphones, and cloud computing.
This unlocked Globalization 3.0.
This is life in the informatIon revolution.
Information was no longer slow.
Now you could easily consume information and ideas
from all over the globe.
This communication revolution allowed companies
to coordinate production around the world.
What used to be a big factory could now be sliced and diced
into what's called a global supply chain.
Different pieces of the production could happen
all over the planet.
Take the iPhone --
over 200 companies from across the globe
make different components.
When Apple competes with Samsung,
it's not an American product versus a Korean product,
but Apple's global supply chain
versus Samsung's global supply chain.
So what does "made in the USA" exactly mean today?
Does it surprise you that, as of 2018,
the Honda Ridgeline is more American made than the Ford F-150,
Chevy Silverado or Dodge Ram?
However, these global supply chains rapidly evolve
so by the time you watch this, it's likely to be different.
- You want to feel good about saying I'm buying something
that's made in this place, and the reality is
that we've got to get comfortable
with the idea that we have one global economy,
and that every good that you consume,
every good that you wear,
everything that we use to function on the planet
turns out to pretty much come from the planet.
- [Narrator] These communication networks also mean
that we get exposed to a wider variety of products
at faster and faster rates.
It took the internet seven years to reach 50 million users.
How long did it take Pokémon GO?
Nineteen days.
"Gangnam Style" introduced the world to K-pop
and was the first video to reach a billion views.
A Puerto Rican artist was the first to reach 5 billion.
So you might be wondering what's this last level?
We haven't unlocked Globalization 4.0 yet,
so this might seem a bit crazy, but let's take a peek
into the future to see what life will be like
in the virtual presence revolution.
An example will help explain.
If you're a surgeon, you have to be in the room
with the patient to operate, or do you?
What if a surgeon could be in New York operating remotely
on a patient in France with the use of a robot?
This has already happened.
Remote surgery is still rare, but as the technology improves,
this will become more common.
Where else might this spread?
Could a German mechanic fix a piece of machinery in Korea?
Could a security guard in India watch over a store
thousands of miles away?
Might your hologram allow you to deliver a speech
from home while not wearing pants?
It's already possible.
When you combine these forces of globalization
with the rise of automation and artificial intelligence,
what does all this mean for future jobs?
Are there winners and losers?
How might someone position themselves
to benefit from globalization?
Stay tuned. We'll tackle these questions in upcoming videos.
Next up, we'll explore how jobs are affected
by globalization and automation.
Click "Next Video" to keep learning.
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