Oscar: Emerging information technologies will soon make speed of information processing the single most important factor in the creation of individual, corporate, and national wealth  Consequently, the division of the world into northern countries -- in general rich -- and southern countries -- in general poor -- will soon be obsolete  Instead, there simply will be fast countries and slow countries, and thus a country' s economic well-being will not be a function of its geographical position but just a matter of its relative success in incorporating those new technologies  Sylvia: But the poor countries of the south lack the economic resources to acquire those technologies and will ttherefore remain poor
The technologies will thus only widen the existing economic gap between north and south
at least some of the rich countries of the north will be effective in incorporating new information technologies into their economies