More importantly: How will you prepare for this world?
We tend to think about the future, we tend to assume that most things will stay similar and trends will continue in a linear fashion. This is almost never the case. The world is changing drastically in front of our eyes.
2020 brought a lot of surprises and black swans in our lives — including the Coronavirus pandemic and the subsequent economic depression that looms around the world.
For sure, we will witness large-scale changes and unexpected events in the next decade. One of the biggest drivers of change will be exponential technologies. Wired experts talk of Mars colonies, a permanent moon base, accelerated genome sequencing, little nuclear power plants, and a possible climate apocalypse:
Nowadays, we are witnessing a technological breakthrough almost every month. During August 2020, for example, GPT-3 — a new AI language model — has just been introduced. GPT-3 can generate poetry, prose, coding, humor, essays, song lyrics, fictional interviews, and stories. I think GPT-3 is uncanny and revolutionary — you can see glimpses of the future.
Technology companies have become more powerful than ever. Apple’s market value has surged to $2-trillion market value. Top 7 companies gained nearly two trillion in market value during the first seven months of 2020.
We will witness the rise of new technology unicorns, particularly in the field of artificial intelligence. These companies will be eventually more powerful than today’s companies such as Apple and Amazon.