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Thursday, April 18, 2013

Crystal Ball Gazers


Given the way our economy and the world economies have performed over that past 3 decades or so it is easy to develop and negative and pessimistic outlook for the future. Will the mega rich completely dominate the world destroying the middle class and eventually and as a result entire societies and countries? We will so ignore global warming issues that the planet and ourselves with it cease to exist?

Then we also see divinely inspired (my perspective) wonderful human responses to folk in need which leads to faith that the Deity will not abandon us but continue to lead us to a bright future.

There is a blog on the Internet, New World of Work, which is a project of TomorrowToday UK and others. They recently published an article that brightened my outlook for the future so I will share a condensed form of what they see for our world future.
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They see 9 trends dealing with work in the future beginning with 1) increasing global integration; they see huge growth in the future with new markets and new countries becoming major players such as China becoming the major economy by 2025 and India overtaking them by 2050.

They also perceive 2) tremendous competition developing from companies we haven’t even heard of today (i.e. Groupon) accompanied by new business models involving people differently.

The future will be the 3) world of machines; robots, Internet and many current people work being replaced.

It will be a (4 super smart world meaning smarter computers with Moore’s law continuing doubling performance every 24 months until 2030 when water cooled 3D chips will unleash greater performance with optical and quantum computing; also telecommunication bandwidth and digital storage growing.

This obviously leads to huge (5 data storage with a “tsunami of information and companies developing to handling these needs.

They see a world where 6) e-workers and electronic freelancers gather for major projects and then move on once the project is complete.

They surprise me is seeing the 7) credit and financial crises drive a more values driven business models. They see capitalism surviving but dramatically changed more transparent and responsible to society; this will just make for better marketing with some trust built in.

8) Change will be the norm, revolutionary change where people work and play much differently than today based upon new countries and economies and more wealth for all. The big danger (this could have been another point) will be the competition for water; wars over war being fought along with financial bubbles and crashes over the next 12 to 40 years.

Finally 10) the workforce will evolve with the huge numbers of elderly dealing with retirement or non-retirement causing us to rethink how we promote, motivate and manage the workforce.

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Interesting food for thought.

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