1) Weapon. Because of War.
2) Entertainment. Because of Pain.
Ask HN: In the next 5 years which markets will grow the most and why?
21–30 of 81 posts
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#22There will be war. Anything that will protect us will do.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#23Person tracking.
We're going through something similar to the industrial revolution, lots of people will lose their job to AI (or still be employed, but with significantly lower wages - even previously untouchable professions like lawyers, doctors and programmers).
To avoid riots, these people will be fed either through existing welfare programs or new basic-income style ones. But the old guard will want to make sure they don't blow their money on hookers and blow and booze, so anyone who peddles "here's how we can figure out which of the welfare recipients is non-compliant with their spending habits" is going to make a killing.
Sad, but inevitable in the current political climate.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#24Most people are terrible at predicting the future in this way. Some of the most accurate predictions sound like (or are) jokes at the time, like when JK Rowling was writing her first book as basically a "welfare mom." She did a lot of the writing while her baby napped at some eatery owned by friends/relatives. She would make jokes to the effect of "When my book gets famous, it will put your place on the map!" That ba…
5 years out is not that hard, since it is basically which technologies that are either just out, or coming out soon will be successful. 10 years is more challenging, 20 impossible.
Five years ago, tablets were basically cutting edge new tech. They were insanely expensive and crappy as hell. They often faced limitations in functionality because a lot of websites did not accommodate them. I know because I bought two of them 5.5 years ago and it was $2000 worth of computers and lots of stuff just did NOT work.
Today, you can get a tablet for under $50 and Google is (or has) split its search stuff into PC and mobile search and is actively optimizing stuff for mobile because mobile search is eating the world. I seriously doubt anyone expected mobile to take over like this when it was new tech.
In contrast, "net books" seem to have gone extinct. I think that was supposed to be The Next Big thing -- until tablets came out and began eating their lunch.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#25Healthcare. Because a large portion of the population in the west (baby boomer generation) is getting older.
Look at healthcare cost going up - this is already happening in all markets. People getting old and fat cost an absolute fortune to keep alive.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#26Person tracking. We're going through something similar to the industrial revolution, lots of people will lose their job to AI (or still be employed, but with significantly lower wages - even previously untouchable professions like lawyers, doctors and programmers). To avoid riots, these people will be fed either through existing welfare programs or new basic-income style ones. But the old guard will want to make sure…
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Re: Ask HN: In the next 5 years which markets will grow the most and why?
#27India. Because it will go from 100mn internet users to 1200 mn, enabled by a massive 4G/fiber deployment currently underway.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#28I personally think the market of add-on or web browser's extension. Why? Because, web browser is second most software used after operating system by a normal computer users. If you are developer you use editor and web browser, if you are writer you use world processor and web browser, if you are market person you use trading software and web browser and so on. I mean web browser is something used by everyone. We have…
I see the browser becoming the OS period. I didn't realize this until I got a ChromeBook and realized (with crouton) I can do everything I normally do on my Linux notebook.
Do you normally just watch Youtube and use Google Docs on Linux? Because that's about where the set of things you can do on both ends
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#29Cryptocurrency.
Have you sent someone money internationally before? How about across different banks? Typical transfers process at around 3-5 days. With the help of cryptocurrencies like Ripple, Steller and the like. Transfers happen in seconds. This will grow because now, banks will utilize this technology to get rid of the old one (Swift anyone?) and will save banks lots of time and money.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#30Blockchain and cryptocoin markets will probably grow the most in the next five years. The total market cap for cryptocoins will grow from $50 billion today to $1+ trillion in the future.
Do you know how few people on HN even own any cryptocurrency? It's likely close to 1-2%. It's been like that for the past 5 years.
While I do agree that crypto-currencies might be a bit overblown, if you're right at 2% if HN readers having them, I'm actually more inclined to believe the OP is right. That's a lot of people.
To me though, the only thing crypto-currencies currently are good for is buying illegal drugs on the internet. There just isn't any reason to use them over regular money the rest of the time.