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The Economist: Megachange: The World in 2050, by Franklin Daniel Franklin
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The Economist Newspapers Ltd,2012
- Sales Rank: #1592934 in Books
- Published on: 2012
- Original language: English
- Number of items: 1
- Dimensions: 8.46" h x .98" w x 5.31" l, 1.07 pounds
- Binding: Paperback
Most helpful customer reviews
34 of 38 people found the following review helpful.
Very factual and less than imaginative; shallow analysis
By Jaewoo Kim
As an avid reader, I thought many chapters of this book stated facts, ideas, and deductions that have been told and maybe even retold in other publications and best sellers. To me this book was quite redundant.
The book has 20 chapters and each chapter is written by a different writer associated with the Economist magazine.
For many chapters, the title was more noteworthy than the content. For example, in a chapter titled "The exponential future", the author basically restates the title. The future technology will grow exponentially and it will have profound (only couple of vague examples given) impact on the future. In another chapter lableled "The Asian century", the author states that China's rising population and economy will make a substantial impact on the global economy and the Asian economy as a whole. Oh really? So where is the deeper analysis and imagination?
If you have never read a book about the future trends (probably majority), then the contents in this book will be very noteworthy. I meet way too many Americans who are still stuck with "America is #1" mentality when America is quickly losing its edge in practically everything. For example, as this book states, did you know that America's life expectancy is not even top 30 in the world? The book also highlights that America's wealth doesn't coincide with its quality of life, which is low by OECD standards. Yes, Americans live way better than countries like North Korea, but its quality of life pales in comparison to many wealthier nations. The future doesn't look that much brighter either. It hurts me that America is losing its competitive and quality-of-life edge and it is frustrating to see how little of this is known by the general American public.
I recommend this book to the general population. I recommend it far less to those who are already familiar with much of the problems and advancements facing America and the world today how they might impact the future.
11 of 14 people found the following review helpful.
The storms of creative destruction are blowing us to a better place
By Ron Immink
This is a quote directly from "Megachange, the world in 2050". Another future babble book in the same vain as "Everything we know is wrong", "Future Files", "Physics of the future", "Future minds" and "Flash foresight".
The book covers
Population (Demography is destiny, 9 billion by 2050, time bomb in ageing population, water, political violence, food, carbon)
Health '(old age, innovation, gnome sequencing)
Women' (will equalize, with choice comes pressure)
Social media' (Facebook, gaming, politics, mobile, embedded into products)
Culture '(art, local, importance of language)
Religion '(10,000 religions, unbelief biggest, fun)
Global warming' (Unrealistic rhetoric of action, Antarctica, technology)
War' (China, technology, robots, nuclear)
Freedom '(Berlesconifaction, complacency, fragmentation)
The state '(f***ed, not making hard decisions)
Emerging markets '(not for long, BRICKs, education and prosperity, services)
Globalisation (in trade, not in movement of people)
Rich and poor' (narrowing between countries, not between people)
Creative destruction (Schumpeter as the new economic theory, innovation, entrepreneurship, frugal innovation)'
Market momentum (volatility of stock market)
Science' (Everything will be biology, China not sited in academia, mindset)
Space '(Aliens and space travel)
The internet (Memex, information overload, sensor dust, 13 billion devices, quickening adoption rates, DNA computers, 2045 singularity event)
Distance (location, Hybrid networks)
Future babble (the future is bright, invisibility of good news)
Recurring themes
The recurring themes are China (mixed story there), technology, biology as the new black (nano is sooo pase), the impact of population growth on the planet and its resources and dependent on where you are coming from, a sense of opportunity and optimism or a sense of impending doom.
Schumpeter
I am firmly on the optimistic side and my favourite chapter is "Schumpeter Inc", which talks about "unleashing flocks of black swans", radical reduction in the life span of businesses, turbulence, SUPER high speed broadband (100 times faster), professional guilds, frugal innovation (houses for $ 300), tidal waves of change, the emerging economies as the cauldron of innovation, embedded sensors, complicated careers, managing life as an opportunity, etc., etc. Flux, chaos, opportunity!
Tidal waves of change
That chapter speaks my language and as I have written many, many times before, as a business you ignore the "tidal wave of change" at your peril. But to go back to the start of this blog; "The storms of creative destruction are blowing us to a better place". How cool is that!? Schumpeter as the new economic theory to future growth and prosperity for the world, but hopefully also for your business.
6 of 8 people found the following review helpful.
Average and wtihout real insight
By GPerenic
The book is a compilation of average journalistic articles about changes happening around us. No real insight as to what can be expected and what will be the real long-term and concrete impact from these changes. Try reading bold and insightful authors like Ray Kurzweil instead.
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