My interest in Futurism began soon after Nokia, Ericsson and Kodak collapsed. In my opinion, Nokia and Ericsson failed mainly because they did not adopt bigger glass screens. Kodak invented the digital camera but it stuck with film too long. Fortunately, I was not invested in these companies, but I had to ask myself, If such big companies can fail so quickly due to changes in technology, how do we avoid the losers and pick the investment winners of the future? I concluded that successful investors had to have some idea of how the economic and industrial playing field is changing if they were to have any chance of choosing safer investment strategies. More importantly, one had to invest in new technology leaders, not followers.
I started by subscribing to a Futurism publication, reading numerous Futurism books and perusing countless articles on the internet. In addition, I attended numerous talks, including some from Singularity University of California, which promotes Futurism, and endlessly watched YouTube clips and other recorded talks on a wide range of topics. Fortunately, I found it all very fascinating and became totally immersed in this emerging wonder world of exponential technological change. More importantly, I got a glimpse of just how rapid, comprehensive and disruptive the transition was going to be. Most important, I realised that understanding this in time could help one take pre-emptive action to mitigate the disruption. It was then that I got a growing urge to share it with others.
What was most fascinating was the all-encompassing breadth and depth of the looming disruption to our lives, and the rate of change, which is accelerating to the point where we will struggle to keep up in the next decade. While it may seem frightening, because people often focus on the overhyped negatives like the threat of rising unemployment, it is more likely to be extremely positive in the longer run. Regrettably, such major transitions never happen without some pain in the shorter term. The real question that will emerge from self-reflection after reading this book is, Are you going to be one of those who prosper because you embraced change, or are you going to be disadvantaged because you were reluctant to do so?
Introduction
Change is now accelerating so rapidly that the experts estimate the world will probably see more change in the next 20 years than we saw in the past 2000 years, and I believe it. The most important concepts to take away from this is that absolutely everything in our lives is going to change so radically by 20302035 that you will hardly recognise our world. Anticipating that change is the art/science of Futurism. So, what is Futurism? My definition is as follows:
Futurism is the art/science of evaluating actual and emerging trends in all spheres of life, including the disruptive consequences of the convergence of many technologies and trends, for the next 10, 20, even 30 years, evaluating all the risks and opportunities, and then choosing a better future.
However, it is important to note that most foreseen changes frequently beget countless unforeseen changes, such as that Digital Phones morphed into infinitely versatile Smart Phones that put the world in your pocket. Therefore, Futurism not only about being prepared for the future, but also about being willing to adapt whenever life/technology throws you a curved ball.
Ideally, everyone needs to urgently embrace Futurism as you need to understand the impact that accelerating change, disruptive technologies, and other trends will have on your children, family, lifestyle, business, customers, wealth, society and country. The winners of the future will be those who choose to embrace change and adopt a new approach to life now, or by the latest 2025. I picked that date because 2030 could be too late. Regardless of the date, the longer we wait, the greater the risk that our future could be mediocre or even relatively regressive, instead of splendid.
This book is about the future, so please do not relate the revelations in this book to where we are now. Rather keep imagining where we are most likely going to be in a decade, because the purpose of this book is to show you what our world may look like in 20302035, inter alia:
To convey just how unbelievably rapidly the future is going to change, how all-encompassing that change will be and how unimaginably disruptive it will be to everything you know and hold dear;
To convey concepts, not details. Concepts create the life changing picture, whereas details can distract from that message, so please do not dwell on the details as these keep changing;
Not to give you all the answers, but to give you a broad overview and bring about a realisation of just how radical the breadth and rate of change will be;
Not to tell you what to do, but to reveal some of the tools you will need to cope with the disruption. NB! It will disrupt your life far sooner than you think;
To get you to say my life, children, family and business will benefit if I understand this space better and get you to actively engage in, and/or delve deeper into this topic;
To bring about the realisation that Futurism is very interesting and exciting. However, please remember that Futurism is about probabilities. It may not be right on everything, but it will be right on almost everything. It may not get the timing exactly right, but it will be close, and most things will probably happen sooner;
To get you to start Googling and YouTube-ing and start your own journey of discovery, since that is far more convincing at a personalised level.
There are a few problems with tackling such a broad and complex topic in a single book, because:
Pursuing a topic this broad is complicated by the fact that breakthroughs are happening daily, which means a cut-off had to happen at some point, where-after the publication process started;
The scope of this book is so broad that it is not possible to cover all the technological breakthroughs that are happening around the world today and certainly not in any detail. Therefore, you will no doubt think of things you feel I should have included in this book, but do not let that distract you from the overall message, which is the breadth and depth of the disruption;
Disruption is caused by the convergence of multiple technologies, which means I end up with a chicken and egg situation, in that terms and concepts need to be introduced before they are explored in greater depth in later chapters. Therefore, I recommend that you first skim through the chapter headings in the table of contents, so that you get a sense of the scope of this book and know that some of the terms and concepts, like Blockchain (the last chapter), will become clearer as you progress through the book. I have also provided a list of definitions, or should I say explained some terms, at the back;