Prediction: A Reckoning on The Impact of NAFTA Status: Happened the Clinton administration planted three magic beans that would later sprout into the Great Recession: “#2. On the surface, the North American Free Trade Agreement or NAFTA and over 200 free-trade deals made sense. Unfortunately, a country with high wages, and a big population had […]
Steve Faktor’s prescriptions and predictions for the future.
Prediction: The maker wave can generate real revenues Status: Not Happening “Very quietly, Make magazine is helping replace the science fair with the Maker Fair. It’s a celebration of hackers, tinkerers, and do-it-yourselfers. Individuals and companies like Google and GE show off inventions from androids to medical monitors to hacked Guitar Hero instruments that can
Status: Occurring Prediction: Google will know all “Google knows your dark, ugly, dirty truths. Your transcribed Google Voice messages reveal you argued nonstop on that island vacation as your kids yelled, “I hate you!” in the background. Your search history shows all your liposuction research, as your Photoshop bills skyrocket. Several of your eHarmony dates
Status: Occurring Prediction: Death of masculinity “Like the Woolly Mammoth and that other guy from Wham!, masculinity is nearing extinction.” “While evolution takes thousands of years, physical labor faded in the last 150. Now technology changes so fast, evolution stands no chance. That businessman is still bigger and stronger, but society couldn’t care less. His primal,
Status: Occurring Prediction: Bitcoin is a zombie as a currency “In case you haven’t heard, Bitcoin is the sexiest thing on the world currency scene. If The Da Vinci Code knocked up World of Warcraft, Bitcoin would be their baby – and Alex Jones its nanny. Supermodels will literally eat out of your hand once
Status: Occurring Prediction: Phone-linked remote medicine will take off “Even without an elegant solution to the data problem, remote monitoring technology will be the next wave of health care innovation. It is the scalable killer app that will cut down on office visits and allow doctors to monitor hundreds of patients’ vitals from the comfort