TPEX

About futures thinking

Futures thinking acts as a navigational compass rather than a crystal ball. It doesn't predict the future but equips us with tools to explore, anticipate, and adapt to potential scenarios. It's akin to plotting multiple paths on a map, preparing for various outcomes based on informed insights and trends. This approach guides us in understanding possibilities, mitigating risks, and making informed decisions to shape a desired future rather than passively predicting it.

Applied Futures Thinking Horizon 2

Accurate predictions in futures thinking don’t ensure success; it’s the agility to adjust and respond to evolving landscapes that truly determines future outcomes. We offer these predictions for 2029, written 2023-12-16, just for interest.

Geopolitics and Security

Ukraine-Russia Dispute: Frozen conflict except for ongoing pressure over Crimea.
Taiwan’s Status: Remains independent but establishes significantly improved relations with mainland China.
Democracy in Petrochemical States: Struggles to emerge, leading to internal divisions.

Energy and Environmental Sustainability

Renewable Energy: Significant investment and adoption of both solar and wind power sources.
Expansion of Grid-Level Storage: Noticeable expansion and development of grid-level storage solutions.
Increases in Battery Capability: Significant advancements leading to substantial increases in battery capacity.

The incompatibility of abundant electricity, and neoliberal billing models, restricts deployment.

Education and Technology

AI-Powered Lifelong Education:
AI facilitates the creation of personalized, lifelong education programs.
However, funding models struggle to adapt to this evolving educational landscape.
Adoption of AR Systems:
Significant adoption of Augmented Reality (AR) systems in various sectors.
This adoption subsequently fuels increased usage of Virtual Reality (VR) within the entertainment industry.

These advancements in AI, AR, and VR have transformative potential, yet financial models may need adjustment to fully harness their benefits.

UK Economy and Society

Interest Rates: After fluctuations, interest rates stabilize at around 4%.
Productivity Challenges: Persistent productivity issues persist despite technological innovations.
Rent Costs and Technology: Rent costs remain embedded within the economy as a break on growth despite advancements in new technologies that continue to drive innovation.
Emerging Dystopia Spurs Reflection: Societal fractures prompt a collective pause as people reconsider values amidst the unfolding disarray.

These circumstances could pose challenges for economic growth despite the stabilization of interest rates and technological advancements.

Opportunities Tenth Person

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Futures Thinking 2024

Futures Thinking 2024 Horizon 2

into 2029