Future Predictions

This is about six months old, but I just came across it the other day...sorry if it's been posted before....I think he's a tad optimistic on timeframes...and I don't see him factoring in capitalists sabotaging tech/patents and other typical fuckery to maintain existing systems for personal / corp gain....Not much to debate, but thought provoking for sure.

https://www.facebook.com/robert.goldman2/posts/10209535135194637

FUTURE PREDICTIONS:
In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. What happened to Kodak will happen in a lot of industries in the next 10 years - and most people don't see it coming. Did you think in 1998 that 3 years later you would never take pictures on paper film again? Yet digital cameras were invented in 1975. The first ones only had 10,000 pixels, but followed Moore's law. So as with all exponential technologies, it was a disappointment for a long time, before it became way superior and got mainstream in only a few short years. It will now happen with Artificial Intelligence, health, autonomous and electric cars, education, 3D printing, agriculture and jobs. Welcome to the 4th Industrial Revolution. Welcome to the Exponential Age.

Software will disrupt most traditional industries in the next 5-10 years.
Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world. Airbnb is now the biggest hotel company in the world, although they don't own any properties.

Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go player in the world, 10 years earlier than expected. In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans. So if you study law, stop immediately. There will be 90% fewer lawyers in the future, only specialists will remain. Watson already helps nurses diagnosing cancer, 4 time more accurate than human nurses. Facebook now has a pattern recognition software that can recognize faces better than humans. By 2030, computers will become more intelligent than humans.

Autonomous Cars: In 2018 the first self-driving cars will appear for the public. Around 2020, the complete industry will start to be disrupted. You don't want to own a car anymore. You will call a car with your phone, it will show up at your location and drive you to your destination. You will not need to park it, you only pay for the driven distance and can be productive while driving. Our kids will never get a driver's license and will never own a car. It will change the cities, because we will need 90-95% fewer cars for that. We can transform former parking space into parks. 1.2 million people die each year in car accidents worldwide. We now have one accident every 100,000 km, with autonomous driving that will drop to one accident in 10 million km. That will save a million lives each year.

Most car companies may become bankrupt. Traditional car companies try the evolutionary approach and just build a better car, while tech companies (Tesla, Apple, Google) will do the revolutionary approach and build a computer on wheels. I spoke to a lot of engineers from Volkswagen and Audi; they are completely terrified of Tesla.

Insurance Companies will have massive trouble because without accidents, the insurance will become 100x cheaper. Their car insurance business model will disappear.

Real estate will change. Because if you can work while you commute, people will move further away to live in a more beautiful neighborhood.

Electric cars won’t become mainstream until 2020. Cities will be less noisy because all cars will run on electric. Electricity will become incredibly cheap and clean: Solar production has been on an exponential curve for 30 years, but you can only now see the impact. Last year, more solar energy was installed worldwide than fossil. The price for solar will drop so much that all coal companies will be out of business by 2025.

With cheap electricity comes cheap and abundant water. Desalination now only needs 2kWh per cubic meter. We don't have scarce water in most places, we only have scarce drinking water. Imagine what will be possible if anyone can have as much clean water as he wants, for nearly no cost.

Health: There will be companies that will build a medical device (called the "Tricorder" from Star Trek) that works with your phone, which takes your retina scan, your blood sample and you breathe into it. It then analyses 54 biomarkers that will identify nearly any disease. It will be cheap, so in a few years everyone on this planet will have access to world class medicine, nearly for free.

3D printing: The price of the cheapest 3D printer came down from $18,000 to $400 within 10 years. In the same time, it became 100 times faster. All major shoe companies started 3D printing shoes. Spare airplane parts are already 3D printed in remote airports. The space station now has a printer that eliminates the need for the large number of spare parts they used to have in the past.

At the end of this year, new smart phones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home. In China, they already 3D printed a complete 6-storey office building. By 2027, 10% of everything that's being produced will be 3D printed.

Business Opportunities: If you think of a niche you want to go in, ask yourself: "in the future, do you think we will have that?" and if the answer is yes, how can you make that happen sooner? If it doesn't work with your phone, forget the idea. And any idea designed for success in the 20th century is doomed in to failure in the 21st century.

Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear if there will be enough new jobs in such a small time.

Agriculture: There will be a $100 agricultural robot in the future. Farmers in 3rd world countries can then become managers of their field instead of working all days on their fields. Agroponics will need much less water. The first Petri dish produced veal is now available and will be cheaper than cow-produced veal in 2018. Right now, 30% of all agricultural surfaces is used for cows. Imagine if we don't need that space anymore. There are several startups that will bring insect protein to the market shortly. It contains more protein than meat. It will be labeled as "alternative protein source" (because most people still reject the idea of eating insects).

There is an app called "moodies" which can already tell in which mood you are. Until 2020 there will be apps that can tell by your facial expressions if you are lying. Imagine a political debate where it's being displayed when they are telling the truth and when not.

Bitcoin will become mainstream this year and might even become the default reserve currency.

Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span used to be 79 years, now it's 80 years. The increase itself is increasing and by 2036, there will be more than one year increase per year. So we all might live for a long long time, probably way more than 100.

Education: The cheapest smart phones are already at $10 in Africa and Asia. Until 2020, 70% of all humans will own a smart phone. That means, everyone has the same access to world class education.

Robert M. Goldman MD, PhD, DO, FAASP
www.DrBobGoldman.com

Comments

  • I seem to recall seeing these types of write-ups before; on one hand, it captivates the imaginations of some, thinking we'll be living in the Jetsons in our lifetime, and on the other hand, it strikes fear into a good portion of people thinking they will be without a job and without relevant skills in the very near future.

    I recall reading one where we'd be in flying cars by now.
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  • Drowned OutDrowned Out Posts: 6,056
    edited January 2017
    Ya, my eyes were opened to how capitalism stunts progress by two documentaries...one from 2006, one from 2010:
    Who Killed the Electric Car
    https://www.youtube.com/watch?v=nsJAlrYjGz8

    The Lightbulb Conspiracy
    https://www.youtube.com/watch?v=-1j0XDGIsUg

    I've talked about and posted links to these docs here a number of times (and I'm sure most people know about them on their own), but they are both really worth watching.

    The electric car was (kind of) mass produced over 20 years ago....and here we are reading an article about how they won't become mainstream for another three years. I will never underestimate the ability of greedy humans to fuck everything up.

    I just wish the author had rearranged the info a bit.....because I'd have loved to see a divorce lawyer's face light up when reading that in three years there could be an app that serves as a lie detector....then see it sink when reading that his profession will be obsolete shortly thereafter :wink:
    Post edited by Drowned Out on
  • JC29856JC29856 Posts: 9,617

    Ya, my eyes were opened to how capitalism stunts progress by two documentaries...one from 2006, one from 2010:
    Who Killed the Electric Car
    https://www.youtube.com/watch?v=nsJAlrYjGz8

    The Lightbulb Conspiracy
    https://www.youtube.com/watch?v=-1j0XDGIsUg

    I've talked about and posted links to these docs here a number of times, but they are both really worth watching.

    The electric car was (kind of) mass produced over 20 years ago....and here we are reading an article about how they won't become mainstream for another three years. I will never underestimate the ability of greedy humans to fuck everything up.

    I just wish the author had rearranged the info a bit.....because I'd have loved to see a divorce lawyer's face light up when reading that in three years there could be an app that serves as a lie detector....then see it sink when reading that his profession will be obsolete shortly thereafter :wink:

    ah the electric car was a good one. we should not have petro autos, electric cars or at least autos that run on fast food oil/grease.
  • joseph33joseph33 Posts: 1,247
    At some point in the next 4 yrs China is gonna demand payment for all the debt they've bought. Possible global economic resession sometime in mid 18.
  • JC29856 said:

    Ya, my eyes were opened to how capitalism stunts progress by two documentaries...one from 2006, one from 2010:
    Who Killed the Electric Car
    https://www.youtube.com/watch?v=nsJAlrYjGz8

    The Lightbulb Conspiracy
    https://www.youtube.com/watch?v=-1j0XDGIsUg

    I've talked about and posted links to these docs here a number of times, but they are both really worth watching.

    The electric car was (kind of) mass produced over 20 years ago....and here we are reading an article about how they won't become mainstream for another three years. I will never underestimate the ability of greedy humans to fuck everything up.

    I just wish the author had rearranged the info a bit.....because I'd have loved to see a divorce lawyer's face light up when reading that in three years there could be an app that serves as a lie detector....then see it sink when reading that his profession will be obsolete shortly thereafter :wink:

    ah the electric car was a good one. we should not have petro autos, electric cars or at least autos that run on fast food oil/grease.
    They won't have enough HP to carry the girth.
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  • FreeFree Posts: 3,562
    I have to check out the lightbulb conspiracy, but I love who killed the electric car.
  • JC29856JC29856 Posts: 9,617
    edited January 2017
    I predict that these statistics and charts will continue the same trend. That 8 people will increase their wealth over half of the planet.

    https://www.oxfam.org/en/research/economy-99

    Check out some of those stats and charts! Wow!
    As I read that report a green day song was playing in my mind.
    Post edited by JC29856 on
  • tbergstbergs Posts: 9,810
    Interesting to re-read these at the end of the year. That Bitcoin plug didn't quite pan out.
    It's a hopeless situation...
  • brianluxbrianlux Posts: 42,029
    tbergs said:
    Interesting to re-read these at the end of the year. That Bitcoin plug didn't quite pan out.
    Interesting that you should mention Bitcoin.  We had dinner with my uncle-in-law and cousin-in-law and the cousin mentioned that he was considering buying some Bitcoin.  I look over at his dad and he was just shaking his head.

    As for predictions for 2018, to quote Paul Westerberg:
    "Predicting a delay on landing,
    I predict I'll have a drink."
    “The fear of death follows from the fear of life. A man [or woman] who lives fully is prepared to die at any time.”
    Variously credited to Mark Twain or Edward Abbey.













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