Thursday, March 16, 2006

My Outlandish Predictions - Version1.0

Prediction #1:
Internet will help stabilize real estate prices and reduce crime rates.
Reasoning:
People will work out of home through broadband, making it possible to reduce need for office space. Also, daylight burglaries at home will reduce as a result.

Prediction #2:
We will start receiving salaries in Gold Coins.
Reasoning:
Gold is being delivered in Demat form, and with banks allowing retail individuals to hold multiple currencies with overall limits, payments can now take place in Gold, and individuals can start withdrawing in currency of their choice. With inherent anti-inflation tendencies in prices, companies can stop bothering about raising salaries to meet rising standards of living. A multinational BPO will benefit most from this.This will require processing charges to drop, which can happen only through increased demand for the Demat services.

Prediction #3:
People will have to spend two mandatory years after education as entrepreneurs.
Reasoning:
Companies are awash with funds, but not with capabilities to expand organically beyond limits set by investors. This will pose a huge strain on ancillaries, which are traditionally low-capital, skill-intensive units. There will be little option but to conscript people into entrepreneurship

Prediction #4:
Women will have the biggest jumps in income across all categories of income groups.
Reasoning:
The male-female ratios is increasingly skewed against women. With growing income levels, priorities will now be focused on ensuring gender equality. Both employment levels and income levels are set to increase.

Prediction #5:
Extinction rates of various species will drop and bio-diversity will suddenly shoot up.
Reasoning:
Global fuel reserves will last another thirty years. By that time, hybrid vehicles and commercial fuel cells (or equivalent sources) will be dominant. This will coincide with huge growths in income for the two largest nations, China and India. As growing incomes are highly co-related to high demand for real estate and automobiles, the demand for automobiles will coincide with the availability of alternate fuel sources. In simpler terms, we won't need to cut-down trees.

Prediction #6:
Videoconferencing will become the preferred mode of communication. Airlines will be heavily hit as air-traffic will cater only to the tourist segment.
Reasoning:
Same as previous case.

Prediction #7:
Paperless offices will remain a myth!
Reasoning:
Demand for cheaper computing devices will force screen / monitor sizes to drop. Thus, the size of text thats readable will reduce, increasing need for reading large documents through print-outs.
'But only poor people need cheap computers'.
Oh yeah? How often do we fire printouts for less than a page?? How often do the computerization budgets come under fire??

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