Economic Development Futures Journal

Tuesday, January 03, 2006

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World Future Society's Latest Forecast

Here are the World Future Society's top 10 forecasts from its Outlook 2006.

My question is: "What are the implications of these forecasts for local economies across the U.S. and the world?" We should practice more long-term thinking in 2006. As I said earlier, let's get the big picture right before we concern ourselves with the details.

1. Nanotechnology will be used for everything from monitoring the health of soldiers in the battlefield to transforming waste into edible material. Medical therapies based on nanotechnology will reach clinical use before 2025. Ultra-tiny machines will monitor internal processes, remove cholesterol plaques from arteries, and destroy cancer cells before they form tumors.

2. U.S. public education will face an uphill battle for survival. According to the National Education Association, the amount of money required to repair ailing school facilities in the United States, build new facilities where they are needed, and outfit schools with modern technology is approaching $322 billion, or ten times the amount states are currently spending on schools.

3. Wind and tidal power will grow considerably in the next five years. Researchers have projected 5,800 megawatts of offshore renewable capacity will be installed between 2004 and 2008, of which 99% will be in the form of offshore wind farms. Worldwide, the offshore wind market will grow to $3 billion a year by 2008.

4. More doctors and hospitals will use wireless technologies such as wearable computers and mattresses embedded with sensors to help care for patients. This technology will allow for more constant and reliable monitoring of patients’ vital signs. As a result, busy nurses will be freed from having to constantly ensure that patients are connected to EKGs. The technology has already been used in Finland, not only in hospitals, but also in what are being called "smart jail-cells."

5. Digital electronic assistant programs will surf the Net on our behalf and enable us to amass entire digital libraries on a given subject by doing nothing more than setting a few key search guidelines.

6. More people will be affected by Alzheimer’s disease. As life spans increase, a growing elderly population is surviving into the years most prone to Alzheimer’s. In developed countries, about 2% of the population already suffers from this illness. By 2054, the number of Alzheimer’s patients globally could grow by a factor of three. The coming "age-wave" will also put stress on a number of public institutions not equipped to deal with large elderly populations.

7. Death by global warming. Climate changes alone could cause a 4.5% increase in the number of summer ozone-related deaths in the New York metropolitan area by 2050. When population growth and projected growth in greenhouse gases are factored in, the ozone death toll could climb by 60%.

Also, urban heat waves will get hotter and last longer. According to a computer model developed by the U.S. National Center for Atmospheric Research, large urban centers like Chicago and Paris will experience an average of 2.8 heat-waves a year, up from 1.66 heat waves currently, representing an increase of 25%. Heat waves will last, on average, nine days longer.

8. Science in Latin America will rise considerably. Citations of science and engineering research by Latin Americans has increased nearly 200% since 1988, significantly outpacing authors in other developing regions of the world. The surge of science scholarship in the region is considered an indicator of nations’ growing commitment to investing in science and engineering as a vehicle for development.

9. Look out for a job boom in solar industries, with some 42,000 new U.S. jobs by 2015. In the next decade, the U.S. solar industry could generate more than $34 billion in new manufacturing investments. Solar power could displace 6 trillion cubic feet of natural gas by 2025, saving U.S. consumers approximately $64 billion.

10. The open-source phenomenon will transform employment as radically as blogging has changed the fields of media and journalism.

3 Comments:

  • These predictions are interesting and gutsy! I admire you for posting them.

    By Blogger HeidiTFM, at 10:20 AM  

  • Thanks Heidi. It's easier to do this when you work for yourself. LOL. Best wishes, Don

    By Blogger Don Iannone, D.Div., Ph.D., at 2:52 PM  

  • Hi Don,

    Great list! Number 2 and number 10 go together like peanut butter and jelly. If you take all the money spent on operating systems and software, and switch users to Linux, OpenOffice.org office suite, Gimp photo editor, and so on....I don't have the numbers but I'm pretty sure it's enough to give education a much-needed boost.

    And just think about taking that same approach to government. Spend the money on something more important than a particular operating system.

    Could be powerful.

    By Anonymous Anonymous, at 10:52 AM  

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