In short, my dear Goddess, Old Future’s divided

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The World in 2036

Most of the technologies that are now 25 years old or more will be around; almost all of the younger ones “providing efficiencies” will be gone, either supplanted by competing ones or progressively replaced by the more robust archaic ones. So the car, the plane, the bicycle, the voice-only telephone, the espresso machine and, luckily, the wall-to-wall bookshelf will still be with us.

The world will face severe biological and electronic pandemics, another gift from globalisation. (…)

Companies that are currently large, debt-laden, listed on an exchange and paying bonuses will be gone. Those that will survive will be the more black swan-resistant—smaller, family-owned, unlisted on exchanges and free of debt. There will be large companies then, but these will be new—and short-lived. (…)

Science will produce smaller and smaller gains in the non-linear domain, in spite of the enormous resources it will consume; instead it will start focusing on what it cannot—and should not—do.

{ Nassim Taleb| Continue reading }

artwork { David Askevold, The Ghost Of Hank Williams, 1979 }