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> globalization should increase linguistic complexity via exposure to other cultures. I certainly didn't use the term chaebol until the rise of Korean pop culture.

Globalization moves every culture towards each other, with a higher weight on dominant cultures. You borrow a few Korean words, they borrow a few more English words. McDonalds pop up everywhere, everyone buys the same phones, hotels across the world converge towards a standard experience, and so on. The end result of such a process is a monoculture. Not now, not medium term, but I expect a few centuries of globalism would suffice to blend all extant cultures into a slurry.

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