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Fortnite skins are key to the future of global trade • Bloomberg
Shawn Donnan:
<p>Discussions about globalization—and its costs and benefits—often focus on physical goods such as steel beams, cars, or soybeans. The reality is that the integration of economies is increasingly a digital one that happens in invisible daily bursts—like the sessions in which far-flung armies of Fortnite players face off against each other on an imaginary island. “The digital economy is everywhere, and much of it is international without our even knowing it,” says Anupam Chander, a law professor and expert on digital trade at Georgetown University.

If we don’t always fully appreciate the scale of what’s going on, it’s because much of digital trade is not being captured in official statistics, says Susan Lund of the McKinsey Global Institute, the consultant’s in-house think tank. In a report, Lund and her co-authors <a href="https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/digital-globalization-the-new-era-of-global-flows">documented an explosion</a> in global data flows that they argued generated $2.8 trillion in economic output in 2014 alone and was doing more to benefit the world economy than the stalling international trade in physical goods.

In some cases, the World Trade Organization <a href="https://www.wto.org/english/res_e/publications_e/world_trade_report18_e.pdf">pointed out in a report</a> last year, the rapid propagation of digital technologies has contributed to a false picture of globalization in retreat as shipping containers filled with hardcovers and DVDs are replaced by e-book downloads and streaming music.</p>


I seem to recall that much the same was said about Second Life, and then World of Warcraft, and then EVE Online, but the general point is true - digital globalisation is changing things.
fortnite  economy  digital 
2 days ago by charlesarthur
How to play Fortnite on a Raspberry Pi Kano Computer Kit
Learn how to play Fortnite or any Steam game on your Raspberry Pi-powered Kano Computer Kit.
Kano  RaspberryPi  SBC  SteamLink  tutorial  gaming  Fortnite  streaming 
11 days ago by janneaa

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