Thursday, March 24, 2011

What will the biggest change be in the next 20 years?

Level setting.

As technology continues to develop and enable the almost frictionless move of information and capital, development and investment will continue its relentless pursuit of the "low points" (i.e., less developed areas where opportunities are better).

Like water in an uneven terrain - development will continue to gravitate to the valleys. Eventually, these "low points" will be "filled" and the world will see a more even landscape.

For those entering the workforce in the "high points" today (i.e., developed countries), education, hard work, and the ability to go with the "flow" and be flexible will be key.

In 100+ years, will a world with a more evenly distributed standard of living be finally a reality?

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