What might the impact of a flat world be on your standard of living ?

The impact of a flat world on one's standard of living could be both positive and negative. On one hand, the availability of goods and services from all around the world could lead to increased competition, thereby lowering prices and increasing the variety of options available to consumers. This could potentially improve one's standard of living by allowing them to purchase more for less and to have access to a wider range of goods and services. On the other hand, a flat world could also lead to increased competition in the job market, particularly in industries that can be outsourced or performed remotely. This could lead to job losses or lower wages, which could impact one's standard of living negatively. Additionally, increased globalization could lead to the exploitation of workers in developing countries, which could also have ethical implications and impact one's overall quality of life. Overall, the impact of a flat world on one's standard of living is complex and multifaceted, and depends on a variety of factors such as individual circumstances, employment opportunities, and access to education and resources.