MindBullets is a part of the global FutureWorld Network, constantly sensitive to changes in the technological, economic, social, political and business landscape. The MindBullets Contributors scan this rapidly changing environment for clues about possible future trends. The results of this synthesis are combined by our contributors into an on-going series of MindBullets: News from the Future - with a summary emailed to you every Thursday and the complete MindBullets data base available online to explore each scenario in more detail. Exciting scenarios of alternative futures based on breakthrough thinking today. A powerful tool to help you learn from the future - a new MindBullet every week!

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Filtered by tag: Economics

CAPITALISM IS DEAD

Published on: 18 July 2019 1 Comment

Long live postcapitalism!

Dateline: 27 September 2031

Capitalism has run its course and expired. Now we live in the age of postcapitalism, a technology enabled society where work is disconnected from wages, and profit is tempered by purpose. Some people call it 'technotopia' or 'luxury communism'. We call it the 2030s. We've been told for decades that capitalism was doomed, that it was the architect of its own destruction, and to a certain extent that was true; but the experiments known as communism and central planning were abject failures. Without ...

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COFFEE IS THE NEW BLACK (GOLD)

Published on: 11 July 2019

Everyone wants a tastier caffeine fix - and an energy boost!

Dateline: 27 October 2028

Climate change, crop disease and deforestation - things were not looking good for the coffee bean in recent years. For some coffee connoisseurs, the panic reached crisis levels, and so they intervened, only to revolutionize the joe we all know. December 2018 saw the launch of Atomo molecular coffee - coffee made, well, without coffee! Through a process of reverse engineering, they also managed to remove the traditionally bitter taste that coffee lovers have learned to accept. In fact, there ...

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SOCIAL COHESION NOW FOR SALE

Published on: 27 June 2019

Politicians are now buying votes in the open market

Dateline: 28 June 2028

Why make promises you can't keep, and end up with disillusioned voters? Rather enter into a contract, pay them to vote for you, and deliver on your contract; then everyone's happy. That's the new philosophy behind open, transparent bidding for votes, and it works both ways. Voters can't complain about politicians whose money they've accepted, and pols have a contract they have to honour, or get sued. And it's all above board and legally enforceable. Cynics would say, this is what happens anyway, ...

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SCREENS ARE SO NINETIES

Published on: 30 May 2019

Now the rich are outsourcing their aching neck muscles

Dateline: 9 May 2023

Back when mobile phones just arrived on the market, it was all the rage to walk around with the Nokia brick in your hand. As the years went by, the more screens you had, the higher your status; laptop, tablet, phone, smart watch - the more you had, the better. Time and again though, what happens after ubiquity? Yes, you guessed it, the exact inverse. It's the poor who are living, learning, and dying by screens because the rich are opting for real people. A single mom in the Bronx can't afford a ...

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BITCOIN FINDS ITS BASE

Published on: 16 May 2019

It's looking a lot like gold

Dateline: 15 June 2021

We all remember the great Bitcoin crash of 2018, and the volatility that followed, but now it seems that the cryptocurrency is finding its niche, with investors at least. Bitcoin has been to the peak of inflated expectations, and through the troughs of disillusion and despair; the hype is finally (almost) over, and it's emerging onto the plateau of acceptance. As the poster child of blockchain tokens of value, Bitcoin has weathered the storm of extreme volatility better than most of the junkcoins ...

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GLOBAL POPULATION BOOM GOES BUST

Published on: 9 May 2019

Our planet will be a lot emptier than we first expected

Dateline: 18 June 2024

It's always been hard to question the status quo, whether it's speaking out against Apartheid or tackling climate change. Very few people take on the UN over one of the most widespread assumptions in society. But thank goodness someone did. In 2019 the weak signals were there for those who wanted to see. Whereas the UN projected 9 billion people in 2050 and 11 billion by 2100, a select group of scientists and demographers modelled a different future; one in which the global population stabilizes ...

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DEAD BATTERIES WORSE THAN NUCLEAR WASTE

Published on: 2 May 2019 2 Comments

China is drowning in unusable electric car batteries

Dateline: 3 May 2024

They say that the only real problem with nuclear power is taking care of the depleted fuel rods, often called nuclear waste, for hundreds of years after they've ceased to function. Sure, a small percentage can be 'reprocessed' into new types of nuclear fuel, but costs are so punitive, most power stations simply store the used fuel on site. Now we're running into a similar problem with electric cars, but on an exponential scale. New energy vehicles, or NEVs, have been a runaway success, in the US, ...

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HYDROGEN ECONOMY EXPLODES

Published on: 4 April 2019

Cheap solar powers the next energy revolution

Dateline: 5 April 2036

Now that solar power has become so ubiquitous and abundant that it's almost free, energy companies are turning to the most efficient and harmless way of storing excess electricity for later use - hydrogen. It's over 30 years since Jeremy Rifkin predicted the hydrogen economy, but it's finally in full swing. The beauty of hydrogen is that it's easily manufactured from water if you have lots of spare power, can be stored and transported, burnt as ultra-clean fuel, or simply converted back into ...

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THE NEW DUTCH EAST INDIA COMPANY IS... CHINESE

Published on: 7 March 2019

African government outsources its citizens to Alipay

Dateline: 1 April 2024

They say history never repeats itself - but it sure does rhyme. In a move that can best be compared to the way large parts and populations of Africa and India were divided up and dished out to the management of private firms, such as the British and Dutch East India companies in the 17th and 18th centuries; Zimbabwe's embattled military government has decided to delegate the governance of its citizens to the Chinese tech giant, Alipay. Under the new deal, Zimbabwean citizens will each be ...

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THE RETURN OF A JOB FOR LIFE

Published on: 21 February 2019

The gig economy fails to deliver the dream

Dateline: 7 April 2024

The freelancers wanted to be free, so they went their own way. The corporate rebels quit their cubicle jobs and threw off their chains. The entrepreneurs were born to answer the call of independence. Going it alone, however, was much more daunting than many realized. Since 2008, trend and research reports started proclaiming that "the Japanese model of lifelong employment is dead!" By 2022, more than half of the US workforce was made up of freelancers. For a while it went well, as the consultants ...

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ONE APP TO RULE THEM ALL

Published on: 17 January 2019 1 Comment

Digital swamp monsters are taking control of our lives, and we are happy to let them

Dateline: 2 January 2022

We've just begun a new year in the early 'twenties, and looking back with perfect hindsight over the past 20 years, we might be shocked at how deeply digital transformation has changed our businesses, and our lives. It's no longer about the 4th Industrial Revolution, it's the fourth age of humanity, of society, of the world - we've become Digital Humans. It's all very well to blame it on smartphones, even though, back in 2002, all we had were BlackBerrys and Nokia Communicators - remember them? In ...

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CEO BEATS PHD FOR BETTER GDP

Published on: 27 December 2018 1 Comment

Startups as dissertations are remaking economies

Dateline: 28 March 2025

What students need and what society needs, is not a PhD thesis in the form of 200-400 pages of new analysis, but rather the results of an applied trial in the real business world. It's a no-brainer, right? You'd think so, but it took hundreds of student protests around the globe and a US$ 3.5 trillion defaulted student loans crisis in the US; but now the world can finally see that startups should be the new dissertations. In 2018, the Indian Institute of Technology announced that they would ...

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ELECTRIC FEAST FROM THE EAST

Published on: 1 November 2018

China exports latest technology for organic food

Dateline: 9 January 2023

In dramatic style, China has surged ahead with the production of organic fruit and vegetables at affordable prices. Since the breakthrough achieved five years ago, China's 'ion farmers' have grown exponentially - and it's all thanks to electricity! If it sounds like science fiction, you're excused, but in fact electromagnetic pulses are beating pests and accelerating plant growth in millions of greenhouses across the country. Facing the daunting task of feeding a burgeoning population with ...

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UN REJECTS MARKET MECHANISM

Published on: 27 September 2018

Favours increasing state intervention to realize development goals

Dateline: 15 March 2020

"Existing economic theories are incapable of meeting the needs of the future, and we need an economic transition, away from neoclassical economics and market capitalism," said the latest Sustainable Development report. In other words, capitalism and free markets are not good enough to guarantee prosperity for the people of the world. According to the UN. This position is bound to stir up heated debate from all quarters. No one can argue with the fact that democratic market economies and global trade ...

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INTELLIGENT MACHINES CREATE THE NEW HEGEMONY

Published on: 20 September 2018 3 Comments

China and America reap the AI dividend

Dateline: 3 December 2030

In the last 15 years, we have witnessed the stunning rise of an exponential technology - machine learning and artificial intelligence. Like Moore's Law on steroids, smart machines and computer systems have created entirely new global industries, turbo-boosted productivity, and destroyed old, industrial age business sectors. The Economist, now a purely digital research and analysis house, estimates the 'new value' created by this phenomenon at over US$ 19 trillion globally. But a full 70% of this ...

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DIGITAL CREATIONS BECOME MILLIONAIRES

Published on: 23 August 2018 1 Comment

Actual existence not a prerequisite for wealth anymore

Dateline: 28 September 2023

For a long time, people invested in and trusted those who they could see in the flesh. Steve Jobs presenting the new iPhone on stage. Tick. Warren Buffet speaking at the Berkshire Hathaway shareholders meeting. Tick. Heidi Klum strutting her stuff for Victoria's Secret. Tick. Not anymore. The world economy has witnessed a new influx of millionaires who built their wealth on, well, nothing. Nothing but data, that is. It started with computer-generated models and Instagram influencers who dethroned ...

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IT'S NOT ROCKET SCIENCE

Published on: 16 August 2018 1 Comment

Your children will need more than just technical skills

Dateline: 26 June 2027

We've reached the age of skilled machines, a new age of enlightenment, where automated systems are often smarter than most people. Not because they are more inventive, but because they can think faster, and sift through masses of data, coming to conclusions more rapidly than humans. How do you prepare your children to live and thrive in this technologically dominated environment? Not by teaching them math and coding - those are just basic life skills! No, to rise above the average, kids today need ...

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THE FREE REPUBLIC OF LIBERLAND GETS UNITED NATIONS SEAT

Published on: 9 August 2018

Not-so-small-anymore micro nation sets precedent for other tiny tax havens

Dateline: 16 July 2030

The Free Republic of Liberland has grown from an eccentric community of radical libertarians into a diplomatic force to be reckoned with, in the 15 short years since it was founded. The small sovereign state, which occupies a seven square kilometre area of disputed territory between Croatia and Serbia on the west bank of the Danube river, now boasts almost five million citizens. Many of Liberland's citizens are Bitcoin billionaires and millionaires who have use their citizenship to hide their ...

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CHINA STEPS INTO THE BREACH

Published on: 2 August 2018

Together with India, they make a formidable pair

Dateline: 8 August 2020

The vacuum left by America's leadership crisis has been filled, but not by Europe. Power has shifted to the east, and now China is stepping up to the plate in a big way. In a world where western free market ideology has become tarnished and mean, China's economic imperialism is eagerly welcomed. Make no mistake, Russia still has command of massive resources, but its technology seems rooted in the industrial age; an economic minnow, left stranded by the tsunami of digital tech sweeping the ...

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THE ULTIMATE CURE FOR AGING

Published on: 26 July 2018 3 Comments

It's not drugs or gene therapy

Dateline: 26 June 2024

In the last six years, a bunch of longevity entrepreneurs, or should I say aging researchers, have been seeking the holy grail: a way to slow down or even reverse the aging process. In other words, keep you living longer, and having healthier lives while you do so. For money, of course, but it's a noble purpose, so no-one is complaining. Now prominent geneticist and longevity evangelist Craig Vesper has announced that he has the answer, and it's not a miracle drug, or even modifying your genes, ...

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Filtered by tag: Economics