Jan 21, 2011
My Reaction to The Observer’s 20 predictions for the next 25 years
Posted by Daniel W. Rasmus in category: futurism
The UK’s Observer just put out a set of predictions for the next 25 years (20 predictions for the next 25 years). I will react to each of them individually. More generally, however, these are the kinds of ideas that get headlines, but they don’t constitute good journalism. Scenario planning should be used in all predictive coverage. It is, to me, the most honest way to admit not knowing and documenting the uncertainties of the future—the best way to examine big issues through different lenses. Some of these predictions may well come to pass, but many will not. What this article fails to do, is inform the reader about the ways the predictions may vary from the best guess, and what the possible alternatives may be—and where they simply don’t know.
1. Geopolitics: ‘Rivals will take greater risks against the US’
This is a pretty non-predictive prediction. America’s rivals are already challenging its monetary policy, human rights stances, shipping channels and trade policies. The article states that the US will remain the world’s major power. It does not suggest that Globalization could fracture the world so much that regional powers huddle against the US in various places, essentially creating stagnation and a new localism that causes us to reinvent all economies. It also does not foresee anyone acting on the water rights, food, energy or nuclear proliferation. Any of those could set off major conflicts that completely disrupt our economic and political models, leading to major resets in assumptions about the future.
2. The UK economy: ‘The popular revolt against bankers will become impossible to resist’
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