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What Will Happen in the 2020s

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Re: What Will Happen in the 2020s

#291
post #231

Earlier quoted context omitted.

I really doubt dashcams and gps will be required in the next decade but I bet installing them will get you a discount of some kind.

The eCall system - which automatically phones the emergency services with your position after a crash - is already mandatory on new cars in the EU. The GPS is already there. Making further use of it, perhaps to assist self-driving cars, doesn't seem like such a stretch. (Which is not to say I welcome it.)

I think there's quite a gap between, 'built into every car' and insurance companies requiring access to it. GPS is in every customer phone but insurance companies don't require access to that either.

Re: What Will Happen in the 2020s

#292

A few good takes, but China becoming the dominant global power? Not a good take. China is fairly good at a few things, namely lending money and manufacturing goods. What they aren’t good at is making people happy. See Hong Kong for the last 6 months. I don’t think the United States is becoming increasingly isolationist. I think we’ve seen a brief period of these attitudes, but it’s not indicative of the next decade i…

"What they aren’t good at is making people happy. See Hong Kong for the last 6 months." Wrong Chinese people are very happy. In some rankings they belong to the happiest people. Here they are medium range: https://www.washingtonpost.com/news/worldviews/wp/2013/09/10... My prediction: We will see an economic depression, also caused by energy problems. The current quantitative easing is actually the first sign of the p…

"How's life in soviet russia?"

"Can't complain!"

This is the mistake you're making regarding China.

Source: grew up there

Re: What Will Happen in the 2020s

#293
post #17

> We will see nuclear power make a resurgence around the world, particularly smaller reactors that are easier to build and safer to operate. Funny, I was digging into this issue just this morning. One family member supports Andrew Yang, but another won't support anyone who advocates for nuclear power. Despite Thorium not being fully proven yet, I lean toward agreement with Yang: https://en.howtruthful.com/o/nuclear_p…

By the numbers nuclear is very safe but it does have asymmetric risk and most importantly a bad reputation. Next gen nuclear should be a marketing rebrand in addition to new tech. So Yang is right to focus on thorium.

Is the asymmetric risk really any worse than hydro-electric, though? The Banquiao Dam failure killed something like an order of magnitude more people than Chernobyl. And there was the recent Oroville Dam incident which didn't kill anyone but it came pretty close to failing catastrophically.

Re: What Will Happen in the 2020s

#294
post #2

>5/ A decentralized internet will emerge, led initially by decentralized infrastructure services like storage, bandwidth, compute, etc. The emergence of decentralized consumer applications will be slow to take hold and a killer decentralized consumer app will not emerge until the latter part of the decade. The pendulum of history suggests this will occur (at some point), and I hope it happens sooner than later in man…

I think we should be asking: What problem does it solve? why is that problem important? and why would someone use that new solution rather than what they're already using.

Re: What Will Happen in the 2020s

#295

I don’t really buy into 4-6. I don’t see any benefit for a country to turn its currency into a crypto asset. Either they are relinquishing a great deal of control in democratizing their financial system (also exposing themselves to attack), or it’s a crypto in name only that doesn’t seem any better than digital cash through banks except for a buzzword. Decentralization is hit or miss. You get economies of scale with…

I don't think any major currencies will get turned into crypto assets either, there's no reason for a government to do that. Instead what's happening is that traditional banking systems are being upgraded to allow instant and person-to-person transfers of money. This is one of the main benefits of crypto - being able to instantly send money to anyone. If you can just use your existing online banking system, so much easier. And the government still gets to track it all and make sure we're not cheating on our taxes or funding terrorists or whatever.

I'm not an expert but I believe many EU countries now have instant P2P bank transfers. Australia just got their system going in the last few years too. The US is a bit behind but I'm sure it's coming.

Re: What Will Happen in the 2020s

#296

A few good takes, but China becoming the dominant global power? Not a good take. China is fairly good at a few things, namely lending money and manufacturing goods. What they aren’t good at is making people happy. See Hong Kong for the last 6 months. I don’t think the United States is becoming increasingly isolationist. I think we’ve seen a brief period of these attitudes, but it’s not indicative of the next decade i…

"What they aren’t good at is making people happy. See Hong Kong for the last 6 months." Wrong Chinese people are very happy. In some rankings they belong to the happiest people. Here they are medium range: https://www.washingtonpost.com/news/worldviews/wp/2013/09/10... My prediction: We will see an economic depression, also caused by energy problems. The current quantitative easing is actually the first sign of the p…

[deleted]

Re: What Will Happen in the 2020s

#297

I kind of doubt most of these. My prediction: 1. China will fall to internal strife of some kind. Still may maintain power, but famine and mass executions / disappearances will occur. 2. we will have further centralization of the internet 3. Solar will only account for 10k Gw 4. Agree that nuclear will make a massive resurgence 5. Gas will still be the dominate power source for mobile transportation, but less so. Thi…

13. Wait... you think they’re _not_ already doing that?

Well, if they are, the public isn't aware yet, which was part of prediction 13.

Re: What Will Happen in the 2020s

#298

A few good takes, but China becoming the dominant global power? Not a good take. China is fairly good at a few things, namely lending money and manufacturing goods. What they aren’t good at is making people happy. See Hong Kong for the last 6 months. I don’t think the United States is becoming increasingly isolationist. I think we’ve seen a brief period of these attitudes, but it’s not indicative of the next decade i…

A lot of the article seems to be based on liberal ideals, which include a less prominent America, the promotion of Veganism, and embracing the fall of the West. For the most part, the author’s expectations about crypto are mistaken in that they assume financiers in the west trust China enough to buy into its digital currency. We are bordering on a Cold War; we aren’t about to trust them to keep their promises on cryp…

In theory the US could add Guam and Puerto Rico... but how would that ever be politically viable? There's no way this is going to happen if one party in a two party system knows it will lead to their doom.

Re: What Will Happen in the 2020s

#299
post #181
post #17

> We will see nuclear power make a resurgence around the world, particularly smaller reactors that are easier to build and safer to operate. Funny, I was digging into this issue just this morning. One family member supports Andrew Yang, but another won't support anyone who advocates for nuclear power. Despite Thorium not being fully proven yet, I lean toward agreement with Yang: https://en.howtruthful.com/o/nuclear_p…

I support nuclear power, however I doubt we will ever see many more reactors built in most countries. The growth of photovoltaic solar power combined with coming cheaper grid scale battery storage is going to wreck the economics for nuclear (including fusion if it ever works).

The big assumption being economical grid storage. We don't have a technology yet to do that.

Re: What Will Happen in the 2020s

#300
post #295

I don’t really buy into 4-6. I don’t see any benefit for a country to turn its currency into a crypto asset. Either they are relinquishing a great deal of control in democratizing their financial system (also exposing themselves to attack), or it’s a crypto in name only that doesn’t seem any better than digital cash through banks except for a buzzword. Decentralization is hit or miss. You get economies of scale with…

I don't think any major currencies will get turned into crypto assets either, there's no reason for a government to do that. Instead what's happening is that traditional banking systems are being upgraded to allow instant and person-to-person transfers of money. This is one of the main benefits of crypto - being able to instantly send money to anyone. If you can just use your existing online banking system, so much e…

All the big consumer banks in the US also have instant transfers to phone numbers or email addresses:

https://en.wikipedia.org/wiki/Zelle_(payment_service)

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