Globalization 4.0

Globalization 4.0 refers to the latest phase of global interconnectedness driven by advanced digital technologies, artificial intelligence, and smart automation. It emphasizes enhanced cooperation across nations and industries through innovations like the Internet of Things, big data, and machine learning. Unlike earlier stages focused on trade and movement of goods, this phase also considers sustainable development, ethical use of technology, and resilient supply chains. It aims to create a more interconnected, efficient, and inclusive global economy, fostering collaboration and addressing complex global challenges while ensuring that technological progress benefits societies worldwide.