Former IBM CEO Sam Palmisano explains how new technologies can revolutionize emerging markets, citing the specific example of 3-D printing. In addition to reducing supply chain costs, 3-D printing also helps companies develop their prototypes faster, he said. In his latest role as a director of the Center for Global Enterprise, Palmisano is intently focused on the issues around globalization, and describes the advent of 3-D manufacturing as inevitable. "If it's inevitable, you need to learn it and get on with it," he said. "If you do not move to the future, you will suffer the implications of being behind."

More from Video

TheStreet Rewind: How to Make 'New Fashioned Wall Streeter'; Twist on a Classic

TheStreet Rewind: How to Make 'New Fashioned Wall Streeter'; Twist on a Classic

Thankfully Our Favorite #FearlessGirl is Not Going Anywhere

Thankfully Our Favorite #FearlessGirl is Not Going Anywhere

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

It's Dumb to Think Legalizing Weed Is Still a Political Issue

It's Dumb to Think Legalizing Weed Is Still a Political Issue

Video: How to Select Mutual Funds in Your 401(k)

Video: How to Select Mutual Funds in Your 401(k)