* Austin Tx or Seattle Wa succeeds Silicon Valley as the next major tech hub. San Francisco and its century old Victorians become the Detroit of the tech world
* Section 230 doesn't get repealed
* WFH and quarantine continues until the summer
* A React competitor that compiles to WASM with promises of perf and space gains will emerge
* A Reddit competitor emerges and wins majority marketshare
>Austin Tx or Seattle Wa succeeds Silicon Valley as the next major tech hub. San Francisco and its century old Victorians become the Detroit of the tech world
Over the long term (more like decades), a prediction like yours might eventually take place but it's not going to happen in the next 365 days.
Yes, old Venice eventually lost its 13th century financial supremacy to New York and London, and New York City lost its film industry to Hollywood California. Therefore, Silicon Valley's dominance won't last forever but they'll still be the #1 tech hub in December 31 2021.
Currently being tested in Seattle! Had a conversation tonight about it. I hear there’s a ray-ban branding partnership. And the product is supposed to be way less creepy than google glass, but similar.
Can’t recall if this was spoken to me in confidence. Alcohol. Happy New Years!
> 50% of all US currency is printed between now and the end of 2021
I don't see why the Treasury and Mint would start making more paper money and coins.
It really bugs me when people incorrectly talk about the money supply as 'currency'. Currency is printed by the US Mint/Treasury. Money appears out of thin air when banks make loans.
I am struck by how unrealistic many of these predictions are. My personal take, response.
* Accelerating inflation perhaps leading high single digits low double digits in the next several years.
* Stocks continue to rise as a function of inflation.
* Unemployment measured by workforce participation rate stays high or increases.
* Full self drivering cars are no closer.
* 50% chance of Bitcoin crash like in 2018, 50% chance of further price appreciation but I think $100,000 is absurd for a commodity that has close to zero intrinsic value...
* Major urban areas see falling rents as WFH continues.
* Silicon Valley loses some of its prominence as a function of WFH but I doubt a wholesale shift could happen in a year.
* 50 % chance of major social unrest in the USA as Trump diehards refuse to accept Biden.
* Tech advertising bubble begins to collapse. Tech bubble begins to collapse by year end. AI, self-driving vehicles discredited.
* Amazon reduces its own shipping service as a money loser increases use of UPS and USPS.
* Subscription web services (rather than ad funded) services begin to emerge.
* Reddit continues to decline in quality but no clear alternative emerges.
* Open source, distributed alternative to Facebook emerges, or linked-in subscription based competition.
* 25% chance major world leader dies
* 25% - 33% chance of major armed conflict, especially involving China.
* 20% chance of well attested "alien" contact.
* 20% chance of second novel pandemic in addition to Covid-19
* 20% chance of extra solar "asteroid" like Oumuamua
* >50% chance of Middle East Peace agreement between Arabs and Israel
* Large chance of abnormal oil price volatility.
* Brexit results in deep recession in UK, Boris Johnson is out.
> 50% chance of Bitcoin crash like in 2018, 50% chance of further price appreciation but I think $100,000 is absurd for a commodity that has close to zero intrinsic value
"$100 is absurd for a commodity that has close to zero intrinsic value"
"$1,000 is absurd..."
"$10,000 is absurd..."
At this point, the burden of proof is on sceptics to show why a commodity with zero "intrinsic" value trends upward despite those sceptics' predictions during the last ~10 years.
I mean, new was always trash, and porn has been on Reddit since practically it’s inception, but the content (that makes it out of new) and discussion quality has unequivocally declined significantly.
* 1 Bitcoin will cost over $100k on Dec 31, 2021
* An animation tool rivaling Adobe Flash for the web will emerge
* FB releases a thin virtual reality headset https://research.fb.com/blog/2020/06/holographic-optics-for-...
* Austin Tx or Seattle Wa succeeds Silicon Valley as the next major tech hub. San Francisco and its century old Victorians become the Detroit of the tech world
* Section 230 doesn't get repealed
* WFH and quarantine continues until the summer
* A React competitor that compiles to WASM with promises of perf and space gains will emerge
* A Reddit competitor emerges and wins majority marketshare
* 2021 will be the year of punk and rock n' roll