Technology Widens Gap Between Rich and Poor

http://online.wsj.com/article/SB10001424052748703922804576301154008155570.html

The above Wall Street Journal article, "Technology Widens Gap Between Rich and Poor," describes increased income inequality in many industrialized cities due to globalization and technological progression.  Reading this article, I was reminded of Thomas Friedman's, "The World is Flat," and his ascertain that the world is being "flattened" as technology emerges and creates a platform for multiple forms of sharing knowledge and work across the globe.

Though Thomas Friedman focuses on the leveling of the "playing field" in terms of technological advancement, this article narrows in on results of globalization.  As technology is enhanced,  many jobs are becoming extinct.  Additionally, as Friedman suggested, jobs are increasingly lost to those in emerging countries.  While individuals in higher paying jobs will likely continue to thrive, lower-level citizens will frequently find themselves being replaced by people or companies across the world as mobility becomes more and more advanced and countries widen technological gaps that were once so prevalent.  Moreover, the article explains,  the "rise in free trade and global financial markets"  results in increased demand for higher-skilled workers as technology becomes more and more invasive.