A Dearth of Animal Spirit in Foreign Direct Investment

The video discusses the changing landscape of globalization, focusing on foreign direct investment and the diversification of big companies. It highlights the impact of globalization on tech companies, with examples like Facebook and Google outsourcing development. The video also covers corporate behavior, emphasizing conservative strategies like share buybacks. Future trends in technology, such as self-driving cars and virtual reality, are explored, along with potential M&A activities. Finally, it addresses tax strategies used by companies and provides investment advice for equity markets.

Discuss the implications of offshoring on domestic job growth as mentioned in the text.

What are the potential future trends in mergers and acquisitions (M&A) in the technology sector?