NEW YORK (TheStreet) -- The world is a quickly changing place, especially as technology becomes more impressive and the number of people continue to multiply.
Over the last 50 years, the global population has increased by 3.5% per year, according to Richard Dobbs, author of "No Ordinary Disruption." However, over the next 50 years, that growth rate is expected to slow, averaging just a 2% gain.
But just because the rate of growth is slowing, doesn't change the fact that there is still an enormous amount of people on the planet. While slower growth may create a challenge for business owners and corporations, CEOs that are agile and observant can likely keep pace.
For instance, emerging market growth is continuing at an impressive clip. Dobbs says 65 million people per year will continue to move to urban environments in emerging markets. This will fuel economic growth in emerging markets as well.
Emerging markets are set to take center stage and while China may become the most robust economy by the end of the century, doesn't mean the U.S. will no longer be relevant.
So long as the country and its businesses continue to innovate, it will still be an important piece of global economic puzzle, Dobbs says.
In today's world, countries and economies are also more interconnected than ever before. While the more connected world certainly has its benefits, it can also come with "massive negative effects," he said.