Encouraging trends:
- Energy is getting fixed. Simply because wind and solar are cheap, and electric vehicles work well. There will be lots of kicking and screaming during the transition, but 20 years out, it won't be a problem.
- We seem to be past peak crazyness in major national leaders. Donald Trump is out. Boris Johnson is out. Benjamin Netanyahu is out. Putin remains a problem.
- Vaccine technology has made huge strides in recent years. Omicron vaccine ships in October. Broad-spectrum vaccines for most of the flu/coronavirus family are in test. We have a monkeypox vaccine already. Cranking out a designed vaccine for a new threat is now routine. Even an AIDS vaccine, which is really hard, now looks possible.
- The supply chain disruptions of the last few years have led to major investments in new manufacturing capacity all over the world. From wafer fabs to fertilizer factories, plants are going up. Having multiple sources is now important again. It takes a while for this to have an effect, after which prices go down.
- The population bomb fizzled out. World population is leveling off. All the major developed countries are now below replacement rate.