Here are my predictions for the next ten years:
- Wearable devices like the Apple Watch will become widely used and because of user pushback we will see company’s like Apple, Google, Toshiba, Huawei, Samsung, etc. start to support standards that allow, for example, an Apple Watch to interact with a Samsung TV. Further, I expect a single personal device (watch or phone) to be for most users a connection hub that interacts with public kiosks, displays, input devices, etc.
- Deep learning architectures and techniques will rapidly improve and will continue to rule the world, at least for a while. I expect at least one new dramatic paradigm shift for AI beyond current deep learning, reinforcement learning, etc. models.
- The world economies will get hit hard and wealth will be in a larger part measured in terms of ownership of water and food production, manufacturing, technology IP, and hopefully hard assets like gold, silver, and secure cryptocurrencies. I expect most currencies will eventually be backed by about 20% gold and this will enforce some stability and help eliminate wild printing of fiat currencies. I expect SDRs, or something like them, to be the reserve currency. In ten years, I would expect SDRs to be about equally made up of US dollars, Euros, and Chinese currency.
- Politically, world elites will continue to assume almost total control of news media and governments but they as a group will start to share more resources with highly trained and educated workers and allow the creation of a secure safety net that will provide a safer society because almost all people will have food and shelter needs met (this may take more than ten years). We all have to live on planet earth and everyone’s life improves with fewer wars and higher productivity.