In our rapidly changing world, long-term and data-driven predictions often appear to be speculative, yet surprisingly, often stand the test of time. In examining work published in 1986, fascinating insights can be gleaned about our world today, and perhaps our tomorrow.
This article delves into these predilections concerning population growth, commodity price boom, deindustrialization of jobs, and the socio-economic shifts over the decades. We also explore how various trends have peaked and ebbed, shaping the political, cultural and economic landscapes. From EVs to AI, manufacturing trends to environmentalism, this post offers a pensive and unorthodox perspective on our journey towards the future.
The March of Global Commodities
Around the 1980s, as projected in a pivotal book, we witnessed a major shift in the global economy with the rise of the commodity boom starting in 1992. Intriguingly, the foresight was spot on for about two decades as emerging nations rose to prominence, and Canada specifically enjoyed a prosperous run from 2000 - 2014. However, this phenomenon has already dwindled, pointing to the cyclical nature of economic trends.
The Evolution of White Collar Jobs
Unique trends like de-industrialization of white collar jobs and manufacturing have surprisingly been defied, with a major swing only becoming noticeable in the 2000s. Even with modern developments such as the trend of manufacturing onshoring, it is clear these domains do not necessarily offer promising opportunities for employment.
New Norm into The Future
His forecast has one commonality. It's controversial, but the real effect would be felt in the span of not in 5 years, but 15-30 years. From that analysis, we can draw what the future looks like from all the chaotic predictions that are made from the turn of this century.
Fate of Environmentalism
Since the 1980s, environmentalism has shifted from the side-lines to the centre stage of political and societal discourse. The rise of green parties, coupled with broader awareness of climate change, meant the last two decades were largely defined by this global concern. However, the prominence of environmental causes today doesn't necessarily guarantee they’ll be at the forefront forever.
Much like other trends or movements that rise to the mainstream and then decline, environmentalism, too, may follow a similar path. Typically, a strong wave of societal change manifests over a 15-30 years time span before it becomes absorbed as a given consensus as new generation takes on the mainstream. It gives way to new points of urgency in the socio-political conversation.
For environmentalism, this moment could potentially be around 2030. By this time, the generational influence of environmentalists who have been teaching in schools since 2000 will possibly wane as the new generation, shaped by other dominant issues, ascends to its prime. While environmental causes will undeniably remain vital, they may not be the chief political concern anymore.
The Rise and Fade of 'Knowledge Workers'
Coined by Peter Drucker in 1986, 'knowledge worker' is a term that perhaps held true in the past 40 yerars, but will no longer retain its edge. The saturation of Masters/PhD positions and the glut of 'ebook sellers' overemphasize mere information and creativity. Moving forward, the emphasis will likely shift towards data starting 2030.
Remote Work: The New Norm
Amidst the shifting sands of workplaces, we are also seeing the unfolding of the remote work revolution, already in motion since 2010. The ability to work from nowhere, as a digital nomad, has now been brought to mainstream notice during the 2020s. Here, we perhaps see a parallel to Peter Drucker's vision in the 1980s.
The Growth and Decline of Superpowers
The political landscape too is in constant transition. The escalating political divides, the decline of the EU and the United States and the new narratives around China's rise began to surface around 2010. The impact and consequences of these shifts will accerelate from 2030. This decade is filled with deniers and their supporting narratives.
The Healthtech Revolution
Healthcare saw an upheaval in the 2010s, with the discussion of continuous health monitoring and the gradual sidelining of traditional healthcare roles. Given the swift evolution of technology, these innovations are expected to become the norm by the 2030s.
Changing Gears in Automotive Industry
In the case of Japan, the automotive industry is at a critical juncture where discussion about the end of giants such as Toyota has emerged as early as 2020, dethroaned by Tesla and BYD. With electric vehicles and self-driving technologies ascending, we will likely witness major disruptions here starting from the 2030s.
Shifting the Energy Paradigm
With the relentless discourse on clean energy that began in 2000, and discussions on the peak of oil industry from around 2020, it's clear a major shift in the energy sector is already underway. By 2040, the political landscapes of oil-rich countries may be significantly altered.
In conclusion, while foresights and predictions may not always manifest in the exact timelines proposed, their essence often holds true. It's important to remember, the shift in narratives, whether they are immediate or delayed, drives the global socio-economic evolution.