As I type this post, a sophisticated ransomware is worming its way through thousands of corporate computers, encrypting all data on the device and using the infected computers to spread the worm farther through the network. Computers in banks, government offices, and even the power grid in Ukraine are all being hit, with techs scrambling to isolate the systems. But it's not just the Ukraine, and not just government systems. A Cadbury factory in Tasmania is dealing with the same virus. Nice modern factory. Nice and automated. And now all those nice computers that run everything are asking for Bitcoin to start working again. And the Bitcoin doesn't even unlock the system! Same problem is affecting a major shipping company in Denmark, a Russian oil company, pharmaceutical company Merck, and more. Here are the companies and government agencies affected by the cyberattack sweeping the globe | http://www.businessinsider.com/petya-petrwrap-cyberattack-companies-government-agencies-affected-2017-6/#russia-banks-oil-company-steelmaker-2 What do all these various corporations have in common? They all used Windows. But the blame isn't on Microsoft. There's another entity to thank, a hacking group that hoarded critical exploits and developed entire suites of malware to break into Windows... What is globalization? Peter Thiel contrasted it with innovation it in his book Zero To One: -Innovation is finding a new, better way to do something, like going from spear fishing to using nets. -Globalization is taking that innovation and copying it somewhere else. Taking your nets and showing all the neighboring villages how to use those nets is an example of globalization. One of the hallmarks of our modern system is a massive increase in globalization. Take X country, copy First World systems, industrialize, repeat with next country. While this has caused massive increases in population and prosperity, the required SCALE has pushed out thousands of smaller players. Why shop your local hardware store when there's a Lowe's down the street? Why bother developing a Russian operating system when Microsoft and Apple have decades of development and mountains more talent than you can access? Their localization team is probably larger than your prospective OS team. There is still a compelling reason to keep the small players around, though: So there's somebody left standing after all these connected, interdependent systems crash. Last August, the NSA had their entire cyber arsenal leaked by a hacking entity known as "The Shadow Brokers". Mysterious Group Hacks The NSA | Zero Hedge | http://www.zerohedge.com/news/2016-08-15/mysterious-group-hacks-nsa Other hackers used NSA's Eternal Blue exploit... contained in that leaked cyber arsenal...to develop the sets of ransomware known as WannaCry and Petya. Although Microsoft has patched this specific exploit in March, many business computers still haven't updated to the latest version, leaving them open to the worm. The drive to make everything Internet-Connected has reduced the points of failure in our technology systems. If one person drives drunk and wrecks, or one trucking company folds, it's not the end of the world. But what happens when everyone's self-driving car gets a patch that makes cars unable to start, or makes them spinout on the highway? The entire transportation grid would be affected. Globalism lets everyone use more powerful systems... but it also means everything breaks at once.