Trends Identified
Learning on the job will never stop
How will our education institutions keep up? Today, there is a disconnect between education providers and employers. In the future, however, technology will enable education and training to respond dynamically to real-time labor market changes. With widespread access to training and courses online and available on-demand, workers can be informed of skill updates while they work, and will regularly top up their education with the skills they need to remain relevant in the workforce.
2014
14 tech predictions for our world in 2020
World Economic Forum (WEF)
Wastewater is an asset, not a liability
Water is one of our most precious resources, yet our infrastructure is failing. Driven by global population growth and rising water scarcity, the UN reports that 75 percent of the world’s available freshwater is already polluted. Under-investment in water management is exacerbating the problem, causing serious impacts on human health and the environment. A key challenge is the high capital cost, and high energy requirements, of current wastewater treatment and management systems. By 2020 I predict that a new class of distributed systems, powered by advances in our ability to use biotechnology to extract resources, such as energy, from waste, and the dropping cost of industrial automation, will begin to change our approach to managing water globally. Rather than a liability, wastewater will be viewed as an environmental resource, providing energy and clean water to communities and industry, and ushering in a truly sustainable and economical approach to managing our water resources.
2014
14 tech predictions for our world in 2020
World Economic Forum (WEF)
Scarcity
Economic growth means the use of scarce natural resources. If people become richer they will use up more energy, water and food, and create more waste. Technological advances often also lead to increased consumption, as well as to new challenges (rebound effect). The much acclaimed introduction of biodiesel, for instance, led to an undesired decrease in farmland used for food production. There is an end to our natural resources. Many of these resources are found in areas that are politically unstable. The rise of the BRIC1 and MINT2 countries (and probably other nations in the future as well) and the corresponding growing prosperity have increased the demand for natural resources considerably, creating an additional problem for countries consuming the most.
2014
Horizon scan 2050
Netherlands, The Netherlands Study Centre for Technology Trends (STT)
Climate change
Man’s relation to earth is complex. Earth and nature determine the fate of mankind, but in turn mankind determines the fate of earth (nature) through technological advances and the extraction of natural resources, for instance, through large-scale deforestation, leading to less biodiversity and, consequently, desertification and erosion of the soil. Or through dumping plastic in the ocean (the infamous plastic soup). Ever since the seventies of the 20th century there has been a global debate on the limits of growth. Will tomorrow’s population be so large that it will exhaust the earth? Experts believe that climate change (through the greenhouse effect and global warming) will render specific regions on earth uninhabitable [Knox and Marston, 2011]. Weather conditions may become more unstable and more extreme. This will, for instance, increase the risk of large hurricanes and disastrous floods. Extreme heat and lack of water may turn specific parts of the world into deserts. Cities lying on the coast may disappear into the ocean.
2014
Horizon scan 2050
Netherlands, The Netherlands Study Centre for Technology Trends (STT)
Demographic change
During the next decades improved healthcare, more access to education and higher living standards will lead to a population increase. According to the UN and OESO the world population will increase to 9 billion people in 2050, with a peak of 9.2 billion in 2075. An additional two billion people in forty years. In other words, increased competition over scarce resources. The average life expectancy for each region differs, but on a global scale it will rise. As of 2030 a life expectancy of 106 will no longer be surprising. The notion ‘old age’ will have to be redefined. In many developed economies 55 years old is middle-aged now. If the global trend of people migrating to cities continues, more people will be living in cities than ever before (urbanisation). These cities can only be viable places if they are sustainable, smart and resilient.
2014
Horizon scan 2050
Netherlands, The Netherlands Study Centre for Technology Trends (STT)
Longer life
The average life expectancy in the West has risen extremely fast. In combination with a falling birth rate this leads to ageing of the population, and — consequently — turns care of the elderly into a challenge. Especially, when it comes to informal (family) care for women. The growing demand for healthcare is also felt on the labour market. Almost 75% of the primary caregivers is female, and more than 30% of the people caring for a family member also has a job [EC, 2012]. Work and informal caregiving are in each other’s way.
2014
Horizon scan 2050
Netherlands, The Netherlands Study Centre for Technology Trends (STT)
Global power shifts
State borders and geopolitical relationships resulted from centuries of voyages of discovery, from colonisation, decolonisation, wars and the Cold War. Much of the political unrest in the world is caused by the globalisation of the economy [Knox and Marston, 2011]. In addition, a global power shift is taking place. Asia is becoming more powerful. During the past ten years Asian countries have accounted for half of the global growth of the Gross National Product (GNP). All indications are that within the next ten years Asia will dominate Europe and the US. The fast rise of India and China will lead to a multi-polar world in which the US is no longer supreme.
2014
Horizon scan 2050
Netherlands, The Netherlands Study Centre for Technology Trends (STT)
New connectivity
An increasing number of obligations and networks exists outside the family context. This leads to less cohesion in families and households, influenced by technological developments in mobile communication, social media and computers. Our social tissue appears to change from ‘blood relationships’ to ‘chosen relationships’. Relationships are increasingly driven by (temporary) affiliations and interests. The next generation, also called digital natives, will change the rules of the game. This generation will be a dominating power in the ageing West, even if economic growth is zero. Shortages on the labour market will force employers to be flexible or move away. The younger generation will demand more flexible and attractive labour conditions in line with their own ambitions. This generation will also be ‘hyperconnected’. Virtual online collaborative communities will be the best way to get things done.
2014
Horizon scan 2050
Netherlands, The Netherlands Study Centre for Technology Trends (STT)
Dynamism in emerging markets
Emerging markets are going through the simultaneous industrial and urban revolutions that began in the 18th century in England and in the 19th century in the rest of today’s developed world. In 2009, for the first time in more than 200 years, emerging markets contributed more to global economic growth than developed ones did. By 2025, emerging markets will have been the world’s prime growth engine for more than 15 years, China will be home to more large companies than either the United States or Europe, and more than 45 percent of the companies on Fortune’s Global 500 list of major international players will hail from emerging markets—versus just 5 percent in the year 2000.
2014
Mckinsey Quarterly, Management intuition for the next 50 years
McKinsey
Technology and connectivity
We’re accustomed to seeing Moore’s law plotted on a logarithmic scale, which makes all this doubling look smooth. But we don’t buy computers logarithmically. As power increases, prices decrease, devices proliferate, and IT penetration deepens, aggregate computing capacity surges at an eye-popping rate: we estimate the world added roughly 5 exaflops of computing capacity in 2008 (at a cost of about $800 billion), more than 20 in 2012 (to the tune of just under $1 trillion), and is headed for roughly 40 this year (Exhibit 2). These extraordinary advances in capacity, power, and speed are fueling the rise of artificial intelligence, reshaping global manufacturing,3 and turbocharging advances in connectivity. Global flows of data, finance, talent, and trade are poised to triple in the decade ahead, from levels that already represent a massive leap forward.
2014
Mckinsey Quarterly, Management intuition for the next 50 years
McKinsey