In the next decade, we will share our offices, hospitals, schools, battlefields, nursing homes, and homes with a new breed of companion. A robot renaissance is underway, according to the IFTF.
China expects to have 25,000 kms of high speed train tracks by 2020. China will be a major global manufacturer of such tracks competing with the likes of Siemens and Alstom (source: Patrick Dixon).
By 2020, farm animals, at least in some Western countries, may enjoy more rights than ever before (source: Forbes, September 2010).
Longview Economics points out that several long-term cycles seem to be moving in a hostile direction for Western economies, with commodity prices rising, populations ageing and the debt spree unwinding. The Economist feels that this is not necessarily bad news for financial markets next month, or even next year, but it does suggest that a very awkward decade lies ahead.