Outlook for the 20s – Not Those 20s, the Next Ones
Following our podcast about predictions for the coming year, long time reader and friend, Bob Timpson, sent me a set of predictions for the entire decade. The thought-provoking list was created by “VC from NYC.”
Frazer Rice of “Wealth, Actually” and I used the list as an agenda for this podcast in which we reacted to the predictions listed below:
1/ The looming climate crisis will be to this century what the two world wars were to the previous one.
2/ Automation will continue to take costs out of operating many of the services and systems that we rely on to live and be productive.
3/ China will emerge as the world’s dominant global superpower leveraging its technical prowess and ability to adapt quickly to changing priorities. Conversely the US becomes increasingly internally focused and isolationist in its world view.
4/ Countries will create and promote digital/crypto versions of their fiat currencies, led by China who moves first and benefits the most from this move.
5/ A decentralized internet will emerge, led initially by decentralized infrastructure services like storage, bandwidth, compute, etc.
6/ Plant based diets will dominate the world by the end of the decade. Eating meat will become a delicacy, much like eating caviar is today. Much of the world’s food production will move from farms to laboratories.
7/ The exploration and commercialization of space will be dominated by private companies as governments increasingly step back from these investments.
8/ Mass surveillance by governments and corporations will become normal and expected this decade and people will increasingly turn to new products and services to protect themselves from surveillance.
9/ We will finally move on from the Baby Boomers dominating the conversation in the US and around the world and Millennials and Gen-Z will be running many institutions by the end of the decade.
10/ Continued advancements in genetics will produce massive wins this decade as cancer and other terminal illnesses become well understood and treatable. “
Click this link to get to the podcast then look for a slider that looks like this
When you get there, click on the arrow and listen.