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Ask HN: Predictions for 2021?

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Re: Ask HN: Predictions for 2021?

#303

The economy will bifurcate into two sections: a corporate economy that builds platforms, and an individualist economy that uses those platform for creative purposes. Think YouTube + video creators, Spotify + artists, Netflix + more long tail video content, Substack + writers, TikTok + influencers, Doordash + indie chefs, Apple + indie developers. I believe this will feel like visible people are losing jobs and making…

Isn't Netflix the odd one out there? They control both the platform and the content.

Re: Ask HN: Predictions for 2021?

#304
post #196

* 50% of all US currency is printed between now and the end of 2021 * 1 Bitcoin will cost over $100k on Dec 31, 2021 * An animation tool rivaling Adobe Flash for the web will emerge * FB releases a thin virtual reality headset https://research.fb.com/blog/2020/06/holographic-optics-for-... * Austin Tx or Seattle Wa succeeds Silicon Valley as the next major tech hub. San Francisco and its century old Victorians become…

* FB releases a thin virtual reality headset Currently being tested in Seattle! Had a conversation tonight about it. I hear there’s a ray-ban branding partnership. And the product is supposed to be way less creepy than google glass, but similar. Can’t recall if this was spoken to me in confidence. Alcohol. Happy New Years!

I'd be impressed with anything coming from Facebook being less creepy than Google, as low of a bar as that is

Re: Ask HN: Predictions for 2021?

#305

Bitcoin backers will continue to pretend that their hyping of one of the worst ideas in modern history has nothing to do with their significant financial stakes in it.

I'm curious - why do you think that Bitcoin is "one of the worst ideas in modern history"? It's a very bold claim, I'd like to understand your reasoning.

I’m not OP, but I agree with OP.

To me, BTC looks like an inefficient way to partially solve a problem that doesn’t exist — the problem of trust.

It’s only a partial solution because it only deals with the money in a transaction and not the goods/services.

In addition, it also exists purely by consensus and is therefore just as vulnerable to majority demands for inflation (the limit of 21 million is a choice, not a fundamental constraint).

Furthermore, I do not believe that there is a real problem of trust to be solved, not because governments never mess up currencies (of course they do), but because right now they are not messing up currencies — the stability of most major currencies demonstrates that they are broadly trusted, and conversely the value of BTC fluctuates wildly compared to fiat or resource-backed currencies because it isn’t broadly trusted.

It’s also inefficient by design, being a proof-of-work that doesn’t solve real-world problems, and also limits itself to a really small number of daily transactions over all uses of the currency.

Re: Ask HN: Predictions for 2021?

#306
With remote work becoming a significant factor in the US employment landscape, commercial real estate can not longer service their debt and that entire sector falls into crisis. This is partially mitigated by a boom in converting commercial buildings into vertical farms, and by large scale conversion of commercial office space into multi-purpose venues with housing, commercial, and retail within the same former corporate park - becoming mini-cities with corporate services like a college dorm life for the residents and workers at their converted corporate park.

Re: Ask HN: Predictions for 2021?

#308
post #28

Speaking from Ireland. - Car traffic will be only slightly less than 2019 levels, despite rolling lockdowns all year. - Brexit will start to be noticed on supermarket shelves. - The built-up stresses of 2020/2021 will turn some relatively minor issue into a genuine political crisis, in a straw-that-broke-the-camel's-back situation. It might bring down the government.

It is weird how no one wants to talk about the over-inflated euro and its potential impact on Ireland.

Re: Ask HN: Predictions for 2021?

#310

* Facebook will enter a downward spiral and start declining * A security breach bigger than SolarWinds will be discovered and will severely affect market position of a major cloud provider * Google will make its biggest acquisition ever * Inequality, censorship, and polarization will continue to increase

> * Google will make its biggest acquisition ever

Which one?

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