2050 may come faster than we expect and it’s realistic that a child born today will be alive in the 22nd century. I suggest taking an optimistic perspective in 2025 and I’ll share some reasons for this with a holistic perspective of 2030.
Think back to Y2K and try to recall where you were that New Year’s Eve, what kind of phone you had and what computer brand you were using at the time. Now compare how your phone and computer have changed. Remember your landline, Compaq and Blockbuster Video? We’re halfway from there to 2050.
We can also look back as recently as our outlook in 2019 to see how society has improved for the better, net of the obvious challenges. The point of this exercise is to highlight how the pace of technological advancement continues to accelerate exponentially, transforming industries and improving societies at an increasingly rapid rate. The rules are changing more rapidly and there are opportunities for everyone, and more so for those of us who are paying closer attention and avoiding the tendency to be distracted by habitual norms.
The rules may be changing faster than our ability to pay attention to them.
Let’s stay in contact to exchange our respective developments across both personal and financial aspects so I can help us pay attention to when and where the opportunities for improvement are present. I’m looking forward to applying this optimism with you and, of course, to your continued success.
-D. Scott Bloom, CFP®
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Think back to Y2K and try to recall where you were that New Year’s Eve, what kind of phone you had and what computer brand you were using at the time. Now compare how your phone and computer have changed. Remember your landline, Compaq and Blockbuster Video? We’re halfway from there to 2050.
We can also look back as recently as our outlook in 2019 to see how society has improved for the better, net of the obvious challenges. The point of this exercise is to highlight how the pace of technological advancement continues to accelerate exponentially, transforming industries and improving societies at an increasingly rapid rate. The rules are changing more rapidly and there are opportunities for everyone, and more so for those of us who are paying closer attention and avoiding the tendency to be distracted by habitual norms.
The rules may be changing faster than our ability to pay attention to them.
Let’s stay in contact to exchange our respective developments across both personal and financial aspects so I can help us pay attention to when and where the opportunities for improvement are present. I’m looking forward to applying this optimism with you and, of course, to your continued success.
-D. Scott Bloom, CFP®
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
RSS Feed
