Back in the late 1960’s, the classic TV show Laugh-In featured a segment that was called “News of the Future”. It was supposed to be just humor but amazingly their predictions of what would happen hit the mark quite a few times and when you look back on it you might even say “yeah, I could have seen that coming!”
It would be so cool to actually be able to predict things in the future. First of all, you could make a living at it because just about everyone would be interested in it if you actually could deliver. But further, you could make yourself a small fortune placing your bets on things like stocks and bonds, gambling events, and sporting events, parlaying your abilities into big profits!
So speaking of your own very “real” secret powers of prognostication, I’m pretty sure I know of several things that are bound to happen in the future. The signs are everywhere and I think you will be in full agreement on some of them. So here are 10 of my financial predictions that will happen, over the next 20 years. You can thank me later when you get your profits from some of the surefire winners in the business world!
Financial News of the Future*
1. Driverless cars will be everywhere
It’s already begun and the testing and development is making real progress. You can bet that between now and 2037 you will be buying a driverless car! While it does sound a bit scary now and there are certainly some additional kinks to be worked out, the eco-friendly tech uber car is going to be a big part of the yet-to-be-born next generation’s travel habits. If you have the money, investing in this technology is a definite profit maker.
2. Printed materials will almost totally disappear
There will be no newspapers on the corner stand and things like printed magazines will cease to exist by 2037. The combination of the widespread use of electronic media information combined with the efforts and desire to preserve our planet will curtail the use of printing on paper to almost extinction. All of our news, sports, and weather will come from services we wear on our wrist when not at home or on our computers in whatever form they will exist in the year 2037.
3. In 2037 computer voting is now perfected and secured
Every citizen can easily register and vote by computer from home or work saving millions on the election process and having record turnouts! The cyber companies contracted with the government become some of the largest players in the computing world and make a killing in the stock market.
4. Cash is no longer produced or used for retail transactions in the US and around the world
Instead of cash, a system of debits and credits à la the original Star Trek television series in the 1960’s replaces money. All of your “banking” is done in cyberspace. The convenience and cost savings on the use of the alternate payment methods keeps increasing until money becomes obsolete. Start collecting coins now because in 2037 and beyond they will be valuable artifacts. Oh and the phrase, “Daddy, what’s a penny” will be heard in homes all over the country!
5. Almost everyone will be multilingual
Learning a foreign language is no longer an option by 2037. With the rise of India and China and their populations nearing 2 billion people each, they dominate business and politics to such a degree that kids are now required to learn those languages in school. To be a success, learning as many languages as possible is essential in the global economy.
6. The average daily temperature breaks all-time records in 2037 for the 17th year in a row
For environmental protection, scientific solutions and the rollout of alternative methods for pollution controls finally become worldwide standards and regulations that are administered by the United Nations. After a huge debate and vote, numerous sanctions for non-compliance are enacted. American companies lead the way in the control and the now disparate attempt at reversing climate change.
7. College tuitions are finally eliminated for US students
After a 20-year debate, the schools are supported by contracts that students make to pay for the cost of their higher education. Through a term of repayment after graduation and employment begins, students pay a percentage of their annual salary until the contract is completed, with no interest charges. Technology helps in transforming the educational process by reducing both the cost and time so a degree can be earned in just 1 year. Advanced degrees take a second year to complete and by 2037 over 80% of all US adults have at least one degree.
8. California finally secedes from the union
After a 20 year battle over immigration regulation, the US government reels from the effect that most of the artistically talented and technologically educated people in the country are now no longer U.S. citizens. California becomes completely self-supporting. Its population grows to 50 million by 2037.
9. Travel into space becomes a common vacation option
In 2030, the first “space tourists” are flown to the moon and back with regularly scheduled flights from 12 different locations around the world. The business is run at first by a government agency, but by 2037 the private sector begins to completely take over the industry. By 2050, they will have complete control of tourism in space. Buy into these companies as soon as they are available!
10. The US Post Office officially closes
After struggling for years, the post office finally closes its doors for good. The business of mailing letters, bills, and advertising had declined to the point that it just isn’t necessary any more. Those are all sent electronically by 2037 and the post office didn’t adjust for the changes over time. Drone deliveries dominate home and business shipping. Private companies continue to prosper when it comes to delivering supplies and packages as this portion of the business flourishes greater than ever before!
While I am certain that there are many who fear the future as being one with serious problems, that has always been the case, hasn’t it? We as humans have always faced difficulties throughout the generations either because of natural occurrences or man-made ones. The truth of the matter is we all need to do the best we can about building the future and in most cases we can do something about our own lives and fate.
If we look back at just the past 20 years, we see so many changes in our lives brought on by technological achievements alone and these changes keep occurring faster and faster. There’s no telling what the years ahead may really be like. One could predict cures for various long time diseases like cancers and HIV, transportation breakthroughs like hovercrafts, flying cars, and teleportation devices like we saw in Star Trek. Perhaps that could happen in the 21st century.
What do you think life will be like for the world in the year 2037, or beyond?
*Note: While anyone can guess at what will happen 20 years from now, sadly I have no guaranteed powers of fortune-telling. So please accept this post as humorous and don’t consider it actual investing advice!