Global Free Trade Replaced by Technology Walls – A Threat to Digitalization?

In a recent interview, Björn Fägersten, founder of Politea, discussed how free trade is being replaced by technology barriers, potentially impacting IT development. Björn highlights that geo-economics has replaced market-liberalism as the new paradigm, with countries forming collaborations based on geographic proximity or perceived alliances. This has led to the creation of different trade zones, both fixed and fluid, depending on the products involved. Despite potential cost increases due to changes in trade patterns, Björn does not see digitalization as threatened. He asserts that technical advancements will continue to drive progress and offset any price increases. Read the full interview (in Swedish) at IDG.se!