Globalization could be doomed — here's a chilling preview of what that world could look like by Lucinda Shen on Sep 29, 2015, 9:08 AM Advertisement
 Robots warring thousands of miles away from their controller, obese citizens who has never left their country, and a reduction in international trade. That's one possible result of an end-of-globalization scenario. Credit Suisse published a study in September asking what would cause globalization to end, and what would happen if it did? Globalization has been a powerful force, impacting economies and societies around the world, according to the study. "In recent years, the path that globalization is taking has become obstacle strewn and much less clear." The study highlighted a number of potential consequences of globalization coming to an end and going into reverse, ranging from reduced food imports and exports to increased civil strife. Credit Suisse also notes that though an end-of-globalization scenario "can be both chilling and entertaining" — it seems that "at the moment we are far from that." Scroll down to read how it could all play out: Human interactions will change  "We are still far from a truly globalized digital sphere. Cultural, linguistic and historical barriers strongly compartmentalize the internet. It is an unlikely scenario, but digital interactions might make actual contact with other parts of the world less important," the Credit Suisse note stated.
Less trade and cooperation between nations  3D printing technology could make it easier and cheaper to produce goods and services on home soil. That could mean less trade and less interaction between nations and their companies. Countries might also choose to increase trade barriers through tariffs, according to the report. "We also note the relative increase in the imposition of non-tariff barriers, especially since the formation of the WTO in 1995, as an indirect barrier to trade is also a potential threat to globalization along with trade sanctions," the report said.
Robotic warfare  The growing automation sector could lead to robotics warfare, which will lower casualties and the risk to human life. It could also make war seem less costly than it is now, since robots are more replaceable than people. In this dystopian scenario, countries would be much more willing to engage in battle than they are now — leading to more global political instability and the breakdown of international relations.
See the rest of the story at Business Insider
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