Future predictions, 2017 and way beyond

In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt because of the development of digital cameras. 

What happened to Kodak will happen in a lot of industries in the next 10 years - and most people don't see it coming.

Automated Software will disrupt most traditional industries in the next 5-10 years.

Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world.

Airbnb is now the biggest hotel company in the world, although they don't own any properties.

Artificial Intelligence: Computers and algorithms become exponentially better in understanding the world. This year, a computer beat the best Go player in the world, 10 years earlier than expected. In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice within seconds, with 90% accuracy compared with 70% accuracy when done by humans.

So if you study law, stop immediately.

There will be 90% fewer lawyers in the future, only specialists will remain.

Watson already helps nurses diagnosing cancer, 4 times more accurate than human nurses.

Facebook now has a pattern recognition software that can recognize faces better than humans.

By 2030, computers will become more intelligent than humans.

Autonomous Cars: In 2018 the first self driving cars will appear for the public.

You don't want to own a car anymore. You will call a car with your phone, it will show up at your location and drive you to your destination. You will not need to park it, you only pay for the driven distance and can be productive while driving. Our kids will never get a driver's license and will never own a car. Most car companies may become bankrupt.

Agriculture:
There will be a $100 agricultural robot in the future. Farmers in 3rd world countries can then become managers of their field instead of working all days on their fields.

There is an app called "moodies" which can already tell in which mood you are.

There will be apps that can tell by your facial expressions if you are lying.