Looking to the future

Looking to the future....
In 1998, Kodak had 170,000 employees and sold 85% of all photo paper sold in the world. In the course of a few years, her business model disappeared and they went bankrupt. What happened to Kodak will happen to a lot of industries over the next 10 years - and most people will not see this coming. Could you imagine in 1998 that 3 years later you would never record photos on paper film again?

However, digital cameras were invented in 1975. The former only had 10,000 pixels, but they followed Moore's Law. As with all exponential technologies, they have been disappointing for a long time, until they have become immensely superior and dominant in a few years. The same will happen now with artificial intelligence, health, autonomous and electric vehicles, with education, 3D printing, agriculture and jobs.

Welcome to the Fourth Industrial Revolution!

The software will shred most traditional activities in the next 5-10 years.
The UBER is just a software tool, they are not car owners and are now the largest taxi company in the world. AIRBNB is the largest hotel company in the world, although they are not owners.

Artificial Intelligence: Computers are becoming exponentially better at understanding the world. This year, a computer defeated the world's best GO player 10 years ahead of schedule. In the United States, young lawyers no longer get jobs. With IBM's WATSON, you can get legal advice (for now on more or less basic subjects) within seconds, with 90% accuracy compared to 70% accuracy when done by humans. So if you are studying law, STOP right away. There will be 90% fewer lawyers in the future, only specialists will remain.

WATSON is already helping doctors diagnose cancer, four times more accurate than human doctors.
FACEBOOK now incorporates pattern recognition software that can recognize faces better than humans. By 2030, computers will become smarter than humans.

Autonomous vehicles: in 2018 the first vehicles automatically directed will appear to the public. By 2020, the complete auto industry will begin to be demolished. You will no longer want to own a car. Our children will never need a driver's license or they will own a car. That will change the cities because we will need 90-95% fewer cars for that. We can turn parking areas into parks. About 1,200,000 people die each year in motor vehicle crashes around the world. We now have an accident every 100,000 km, but with self-driven vehicles this will fall into an accident every 10,000,000 km. This will save more than 1,000,000 lives every year.

Most car companies may go bankrupt. Traditional car companies adopt evolutionary tactics and build better cars, while technology companies (Tesla, Apple, Google) will embrace revolutionary tactics and build a computer on wheels. I've talked to a lot of Volkswagen and Audi engineers: they're completely terrified of TESLA.

Insurance companies will have huge problems because without accidents, insurance will become 100 times cheaper. Their car insurance business model will disappear.

Real estate businesses will change. Because they can work while they move, people will move farther to live in a more beautiful neighborhood.

Electric cars will become dominant by 2020. Cities will be less noisy because all cars will rotate electrically. Electricity will become incredibly cheap and clean: solar energy has been on an exponential curve for 30 years, but only now can you feel the impact. Last year, more solar than fossil installations were set up. The price of solar energy will fall so that all coal miners will cease activities around 2025.

With cheap electricity we will have plentiful and cheap water. Desalination now consumes only 2 kilowatts / hour per cubic meter. We have no shortage of water in most places, we only have shortage of drinking water. Imagine what will be possible if each one has as much clean water as he wants, almost without cost.

Health: The price of Tricorder X will be announced this year. We will have companies that will build a medical device (called Tricorder in the Star Trek series) that works with your phone, scanning your retina, testing your blood sample, and analyzing your breathing (breathalyzer). He then looks at 54 bio-markers that will identify virtually any disease. It will be cheap, in such a way that in a few years each person on this planet will have access to world standard medicine practically for free.

3D printing: the price of