Megachange: The World in 2050

  • World in Hand

    The next four decades will be full of the unexpected, since we live in an era of particularly rapid change. But Megachange is something to be embraced, not feared. Here's why.

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    Demography has rarely made it onto the political agenda. But that is changing. These days you see news items about China's one-child policy, or gendercide. And you hear a lot about the aging of populations in rich countries and the health and pensions problems this will bring.

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    Public spending on health has already lurched out of control, owing to expensive new technologies and malfunctioning medical markets. Here's why three reforms will be crucial.

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    As the cost of processing power and computer memory plummets while performance improves, society is able to do new things with all that information that it couldn't do before. Call it the age of big data.

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    When investors think about the next 40 years, they should consider the lessons of the last 40. It makes an enormous difference when they started to save.

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    Benefits of globalisation for growth are likely to remain heavily concentrated in the Asian powerhouses implies that over the next 40 years there will be a stunning shift in the distribution of global output.

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    Sickness and disease are part of the human condition. There will be stunning advances in health care in the coming decades — and many new challenges.

  • Mark Zuckerberg

    Always connected and always online: welcome to the social supercloud. The Facebook era of social networking is changing the notion of friendship and collaboration in several ways.

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    By 2050 the big economies will no longer be emerging, and the emerging economies will no longer be very big.

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    The gap between the world’s rich and poor will be far narrower in 2050. It will depend much less on where you live than on how educated you are.