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In 2030

These are my current thoughts on what the world will be like in 2030. This was last updated in March 2021.

In 2030…

data & technology

  • devices are hyper-connected and are constantly talking with each other
  • highly networked devices helps drive decentralisation as computing power is distributed across people and not specific data center’s
  • greater ownership of data by individuals
  • greater monitoring and invasive technology/software in exchange for convenience

retail / eCommerce

  • at least 50% of retail spend will be online
  • non-physical goods will have a significant increase in market share
  • amazon will offer delivery to custom locations other than home and office
  • brick and mortar stores will begin to become more service-driven

payments

  • BTC and ETH will be used for large scale transactions between organisations and decentralised services
  • a layer-2 protocol on BTC and ETH will be more widely accepted for day-to-day transactions with businesses
  • increase in direct peer-to-peer transactions separate from centralised entities (banks)

business

  • a handful of leaders will figure out how to operate a business that uses decentralisation as a lever
  • market cap of large tech companies continue to outpace other industries
  • businesses that aim to create infrastructure for a future world will grow fast. industries such as EV and batteries, space travel and colonisation, biomedicine and life extension (a couple of big winners with many, many losers)

consulting

  • Large consulting firms will reach a tipping point and need to make a decision – are we a strategy-focused, design-focused or implementation-focused
  • The current Big 4 will attempt all 3 but lose share to smaller, more focused players
  • Progressive firms will divest dedicated resources to focus on niche competencies
  • organisations will reduce consulting spend as knowledge and skills become more decentralised

manufacturing

  • the Chinese wave of manufacturing leadership will remain but begin to slow
  • large-scale manufacturing hubs will be created in South America (Brazil, Columbia and Peru) and Africa (Nigeria, Kenya, Tanzania, Ethiopia)
  • initial experiments of space manufacturing (either in-orbit or on the moon) will commence from SpaceX and Blue Origin

vehicles

  • significant increase in % of EVs on the roads
  • government subsidies at some point to increase adoption of EVs
  • battery infrastructure will continue to grow
  • some EV leaders will begin testing battery-as-a-service more widely – connected with a push for greater decentralisation, perhaps even paid for by a coin/token of some sort

travel

  • global travel will reach new highs following steady return to mobility post-COVID-19

climate / environment

  • irrevocable damage already done to the environment
  • advanced countries and organisations have or are close to achieving carbon neutrality
  • reminder commit to achieve carbon neutrality by 2050 using processes and technology developed by the advanced

pop culture

  • social media platforms will be reformed as advertisers look to utilise direct relationships between people and idols
  • western culture will adopt their own version of eastern ‘idol’ culture when celebrities start connecting directly with fans

media

  • traditional distribution and payment models will no longer generate enough revenue to justify increasing cost of creating AAA movies, tv shows and video games will become unsustainable
  • subscription models continue to thrive
  • significant increase in media consumed via mobile
  • increase in media that is decentralised and shared on a blockchain

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