Six Future Trends and Their Impact on the Economy and Society

Today, I ‘d like to talk about the future. No one knows what it will be. I often think about the future, the stuff we do right today, the stuff we do wrong. How are we going to live tomorrow or in 20-30 years?

1. Internet of Things

Nowadays, we can’t even imagine our life without the IOT (Internet of things).

Smart houses, electronic keys, voice-activated digital assistants, various sensors. All these gadgets help to spend time efficiently and the Internet of medical things helps us to be healthy. Each person will know their health indicators and control them. The body will be constantly diagnosed. And all you need is just a watch. It will be possible to see a person through. We will learn about diseases before they manifest. So, people will live longer and stay active even at 90.

2. Urbanization

Today, on the planet, there are 31 megalopolises with a population of more than 10,000,000 people.

Soon there will be more such cities. When I was born, there were 4.5 billion people on Earth. Today, there are more than 7.5 billion. In another 50 years, there will be 14 billion people and 80% of people will live in big cities.

3. Climate Сhange

The climate of the planet will change.

Melting of glaciers, hurricanes, tsunamis, droughts, heat waves are waiting for us. The average temperature will rise to +35 degrees. It will be +50 in Paris in the summer. But the main threat is the pollution of the planet. The soil, ocean, space are strewn with litter. Many species of animals simply disappeared. Clean air and drinking water became a luxury for human beings.

4. Robotization

Many people are afraid of the consequences of robotization.

75 million jobs will disappear in the next 10 years. The robot is much more efficient and stronger than any person. It is able to work 24/7 and always be in a good mood. Machines already know how to recognize faces, voices, and emotions of people. Programs can come up with dramatic plots, write articles, compose music and paint pictures. Revolution 4.0 creates both robots and jobs for robots.

5. Homo Sapiens 2.0

A human being will change genetically.

Internal organs will be printed on a 3D printer. We will be able to add and remove genes and anyone people can add a gene of longevity. And we even will be able to choose the color of the eyes of our unborn children.

6. Lack of Personal Space

In the future, the world will be absolutely transparent and controlled.We will be able to control every step of a person from birth to death. Even more, we will always be under the supervision of cameras, artificial intelligence – it will have access not only to our chats and correspondences but even to our thoughts.

China already has a rating system. They collect a great amount of data on each person, including posts on social networks, the way s/he drives a car, with whom communicates, how pays taxes and loans. The program automatically awards points. A high rating guarantees privileges and a low rating deprives even basic opportunities. And if in 2018, 3 million people in China were unable to buy a ticket for a train or a plane because of the low rating, I’m afraid to even imagine what awaits us all in the future. Any wrong move costs reputation. It plays a huge role in the competitive world. We need to think now what we post on social networks and even take on our phones.

The world is changing dramatically, and we should be ready for this. Do you agree? Please leave a comment below and share your personal experience with others.

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I founded Echo back in 2013 based on my three passions: engineering, marketing, and HR. As a company CEO, it is always hard for me to make time for writing. However, I like sharing my experience with people around.
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Lou Reverchuk

Entrepreneur, Marketer, Writer

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2 years ago

It is so important to be aware of these trends and the impacts they may have on the world in which we live. Our economy and society will experience changes as these trends continue. I have a particular fascination with the Internet of Things. Smart electronics and other IOT products will be revolutionary for our world. Are we prepared for it, and what do we need to do to adapt?

James Rock
2 years ago

A very well written post and it is very important to know about these. As a computer science graduate, the Internet of things and robotization are what I liked the most.

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