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. “
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Peter W Bragdon, January 24, 2020 at 8:46 am said:
I am reading a great biography of George C. Marshall — back when the US stepped up to rescue the post WW II world — such a contrast to the stance of the Trump administration. David L. Roll is the author this excellent tome.
Haven Pell, January 24, 2020 at 6:57 pm said:
Thanks for the recommendation.
Dick Sonderegger, February 06, 2020 at 12:17 am said:
Thank you (and Frazer Rice) for these thought-provoking points. I’m going to have to give these a bit of time to percolate before responding…
Haven Pell, February 06, 2020 at 8:52 am said:
Thank you Dick, I will pass your comment along to Frazer too.