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Message: <blockquote data-quote="awjas2621" data-source="post: 21197384" data-attributes="member: 555526">The FUTURE is approaching  faster  than one can  handle....!    In 1998, Kodak had  170,000 employees  and sold  85% of all photo paper  worldwide.    Within just a few years,  their business model  disappeared and they went   bankrupt.What  happened to Kodak will happen in a lot of  industries in the next  10 years  and, most people  won't see it coming. Did  you think in 1998 that 3 years  later you would never  take pictures on film  again?    Yet digital cameras were  invented in 1975.  The first ones only had  10,000 pixels,  but followed Moore's law.  So as with all exponential technologies, it was a  disappointment for a time, before it became way superior and became mainstream  in only a few short years.  It will now happen  again with Artificial  Intelligence, health, autonomous and  electric cars, education, 3Dprinting, agriculture and  jobs.   Welcome to  the 4th Industrial Revolution.  Welcome to the Exponential  Age.             Softwarewill  disrupt most  traditional industries in the next 5-10 years.    Uber is just a software tool,  they don't own any cars, and  are now the biggest  taxi company  in the  world.    Airbnbis  now the biggest hotel  company in the world, although they don't own any   properties.    Artificial   Intelligence:   Computers become exponentially better in understanding the world .  This year, a  computer beat the best Go-player in the world,  10 years   earlier than expected.    In  the US , young   lawyers already  don't get jobs.   Because of IBM's Watson, you can get legal advice  (so far for more or  less basic stuff) within seconds, with  90% accuracy compared with  70% accuracy when done by   humans.    So  if you study law, stop  immediately.  There will be 90% less lawyers in the  future, only specialists will   remain.    Watsonalready helps nurses diagnosing cancer,  its 4 times  more accurate than  human  nurses.    Facebook now has a  pattern recognition software that  can recognize faces  better than humans.  In 2030, computers will become more                 intelligent than humans. ( NEVER!/Albert)    Autonomous  cars: In  2018 the  first self driving cars  will appear for the public. Around 2020, the complete industry will  start to be  disrupted. You don't want to own a car  anymore.  You will call a  car with your phone, it will show up at your  location and drive you to your  destination. You will not need to  park it, you only pay for the driven distance  and can be  productive while  driving.    Our kids will never get a  driver's licence and will  never own a car.It  will change the cities,  because we will need 90-95% less cars for that.  We can transform former  parking spaces into parks.    1.2million people die each  year in car accidents  worldwide.  We now have one accident every  60,000 miles  (100,000 km),  with autonomous                driving that will drop to 1 accident  in  6 million  miles  (10million km). That will save  a million lives  each  year.    Most car companies will  probably become  bankrupt.  Traditional car  companies  try the evolutionary approach and just build a better car,  while                tech companies (Tesla, Apple,   Google)  will do the revolutionary approach and build a computer on   wheels.    Many engineers from  Volkswagen and Audi; are completely  terrified of  Tesla.    Insurance  companieswill  have massive trouble  because without accidents, the insurance will become  100x cheaper.   Their car insurance                business model  will disappear.    Real  estate  will change.  Because if you can work while you  commute, people  will move further away to live in a more  beautiful                 neighborhood.    Electric cars will become  mainstream about 2020.  Cities will be less noisy  because all new cars  will run on electricity.    Electricity will become  incredibly cheap  and clean:  Solar production has  been  on an exponential curve for 30 years,  but you can now see                the burgeoning  impact.    Last year, more solar energy  was installed worldwide  than fossil.  Energy companies  are desperately trying to limit  access to the grid to  prevent competition from home solar  installations, but that can't last.   Technology will take care of  that  strategy.    With cheap electricity comes  cheap and abundant  water. Desalination   of  salt  water now only needs 2kWh per cubic meter (@  0.25 cents).  We don't have  scarce water in most places, we only have scarce drinking  water.   Imagine what will be possible if anyone can have as much  clean                water as he wants, for nearly no  cost.    Health: The  Tricorder  X price   will be announced this year.  There are companies who will build a  medical  device (called the "Tricorder" from Star Trek)  that works  with your phone, which takes your retina scan, your blood sample   and you breath into it.    It  then analyses  54 bio-markersthat  will identify nearly  any disease..  It will be cheap, so in a  few years  everyone on this planet will have access to world class  medical analysis,  nearly for free Goodbye, medical   establishment.    3D printing: The price of the cheapest 3D printer  came down from  $18,000 to  $400 within 10 years.  In the same time, it  became 100 times  faster. All  major  shoe companies have already started 3D printing   shoes.    Some spare airplane parts  are already 3D printed in remote airports.  The space station now  has a printer that eliminates the  need for the large amount of spare parts they  used to have in the past.    At  the end of this year, new  smart phones will have 3D scanning possibilities.   You can then 3D scan your feet and print  your perfect shoe at  home.    In  China, they already  3D printed and built a  complete 6-storey office building.  By  2027, 10% of everything that's being   produced will be 3D  printed.    Business  opportunities: If you think of a niche  you want to go in, first ask  yourself: "In the future, do I think we will have that?" and if the answer is  yes, how can you make that happen  sooner?    If  it doesn't work with your phone, forget the idea.  And any idea designed for  success in the 20th century is doomed to  failure in the 21st  century.    Work: 70-80% of jobs will disappear in  the next 20 years.  There will be a lot  of new jobs, but it is not clear if there will be  enough                new jobs  in such a short time.  This will require a rethink on wealth  distribution.                   Agriculture: There will be a  $100 agricultural  robot in the future.  Farmers in 3rd world countries can then  become managers of their  field instead of working all day on their   fields.    Aeroponicswill need much less water.  The first Petri dish  produced veal, is now available and will be  cheaper than cow produced veal  in 2018. Right now,  30% of all agricultural  surfaces is used for cows.   Imagine if we don't need that space   anymore.    There are several startups  who will bring insect  protein to the market shortly.  It contains  more protein than meat. It will be  labeled as "alternative protein  source"  (because most people still reject the idea of eating   insects).    There is an app called  "moodies" which can already tell in  which mood  you’re in.  By   2020 there  will be apps that can  tell by your facial expressions, if you are lying.   Imagine a  political debate where it's being displayed when  they’re telling the truth and  when they’re  not.</blockquote>

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