From 600+ conversations with the world’s leading thinkers.
The second big change I foresee is the continued convergence of the complex OTC derivatives market and the exchange traded futures and equity options market. Those lines will continue to blur due to regulation, legislation, increased capital and margin requirements, increased requirements for trade reporting, and increased pre and post trade price transparency in OTC markets.
The only way to engineer virality and make a product work is to understand the consumer, and that changes from city to city, from country to country.
the overall picture that's emerging is that the controls which still work operate more along corporate boundaries than along national boundaries.
This exponential scaling reveals the immense complexity lurking beneath the surface of reality. Taking full computational advantage of these quantum laws is the essence of quantum computing.
We haven't really had a technology like AI in the history of technological development – the closest analogy would be the movable type printing press, which came to the fore at the beginning of the enlightenment, some five hundred years ago.
Social media really orients us around our identity and our interests because of the way those connections are formed. It's going to suggest people for you to follow, groups for you to join, and so it slots you according to what you're most likely to be interested in based on your individual and group identity.
Our boredom threshold has declined to the point where we're unable to stand idle in an elevator for ten seconds without pulling out our phones. There's also an epidemic of social avoidance, particularly among younger people, as the skills required for face-to-face interaction are more demanding.
It feels great to have the iPad launched into the world... it's going to be a game changer.
We're taking capability from NASA that used to cost billions of dollars, and we're doing it for tens of millions of dollars. We want to learn that critical information necessary to develop those resources.
What's going to happen is that you just get busier and busier and move faster and faster! We treat productivity tools as if they're going to lead to our salvation, they're absolutely not going to.
BitCoin might not be the final model but it is definitely here to stay. Many have criticized BitCoin because it enables illegal transactions. I think the critique is lame. Did you know that 75% of the value of all U.S. cash is in $100 bills? Cash is the problem.
Technology, scale and globalisation has helped people involved in business- and led to increased incomes for many groups. The conundrum we have in society is that many of the 'less-skilled' members of the population have not done so well from these trends and that's part of the reason for backlash.