What do you think technology will look like after years?
What do you think technology will look like after years? – As tech hubs, Bangalore and Beijing lead Silicon Valley. Some way behind are London, New York, Dublin, Boston, Berlin, Tel Aviv, Hong Kong, Singapore, Shanghai, and Seoul. Python is the world’s leading programming language. 70% of the world’s population own a smartphone, 20% wear a smartwatch, 2% wear Google Glass or an equivalent product.
Smartphones and tablets, fairly similar to ones 20 years ago, are common. Android has 95% market share.
Laptops with keyboards are alive and kicking. Windows and Chromebook are fighting it out for market leadership in terms of unit sales. MacBook comes in a distant 3rd yet is still the most profitable.
Voice recognition finally works damn well. We’re talking a lot to technology. 95% of cars produced are completely autonomous. 90% of them end up being owned by taxi-app companies and 60% of them are powered by Waymo. Most car manufacturers from 20 years ago have gone bust. Drone deliveries went mainstream in developed countries nearly a decade ago. Items are frequently delivered within an hour of order.
Remote-working has revolutionised white-collar working – resulting in a dramatic reduction in demand for office space.
To order a Big Mac and fries, with a Coke to help wash it down, you talk to a bot. Your order will also be made, packaged and given to you by bots.
Automation has decimated the manual labour market. Global unemployment levels have risen from 8% to 15% over last two decades – plenty of long-term untrainable unemployed workers in that 15%. This results in record levels of crime and xenophobia in developed countries.
Paper-currency has ceased being legal tender in a handful of countries, the first of which was Singapore. Government-backed currencies, in electronic forms, are the most widely used currencies. The Wild West cryptocurrency bubble burst well over 15 years ago. Higher-education has embraced technology far faster than primary and secondary education. A fundamental shift is that most courses, including those run by Ivy League schools and Oxbridge, are now available as MOOCs.
There are as many fresh MTE (Masters in Technology Entrepreneurship) grads as there are fresh MBAs. Stanford’s MTE is the most prestigious in the world. For every graduate that goes into finance three go into technology.
Globally there are 25x as many tech startups this year as there were in 2018.
19 out of the 20 largest companies are technology ones – Alphabet and Amazon are the largest – both with market caps of over US$4T. The richest person in the world is a tech entrepreneur worth US$500B. The number of unicorns has gone up from around 300 20 years ago to 5,000.
There is a colony of 5 people with Tesla buggies on Mars. Each coloniser will stay for at least a decade as it’s extremely expensive coming back. Technology has made us many times more productive but it hasn’t made us happier. Suicide rates are the highest in human history.
