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Keogh August Newsletter

- 26 Aug 2015
Posted by: Kendall Hogg

The World of 2045 - Do You Have the Right Foundation?

 

Prior to 2001, Wikipedia did not exist. Prior to 1990, there was no World Wide Web, and in the web's infancy, moving even a single page of content was tedious and time consuming. Today, Wikipedia alone boasts nearly 14 million articles in over 200 languages, and Cisco's Nexus 7000 data switch can move every single bit of Wikipedia's data in .001 seconds.

The average smart phone is 1,000 times more powerful than MIT's one computer in 1965 and is 100,000 times smaller and more than a million times cheaper.

In 2012, Forbes noted that the top 10 jobs that year didn't exist in 2002. These included app developers, social media managers, cloud computing experts, and elder care service providers. Today, there are more people over 65-years old than any other time in our nation's history, and the top four jobs in our country are health care related. By 2050, it is estimated that 25 percent of the population will be over 65, and every baby-boomer will be over 85. Geriatric health care is only going to grow in importance.

If change remains constant or accelerates, thirty years from now the world will be a very different place. A child born today will enter a job market that does not yet exist. In fact, we will not have the mental foundations to even imagine these jobs for another 15-20 years. It is said that new technical information doubles every two years, so over half of what a student in a 4-year program learns will be outdated before they graduate.

In 2008, the human brain was estimated to be 10 times faster than the world's fastest computer. In just four years (2012), the Sequoia supercomputer became the fastest computer in the world, estimated at more than twice the computing power of the human brain. In 30 years, an average 2045 version of a common laptop will have more computing power than the brains of every person on earth combined. The next step in this process is developing and improving upon exascale supercomputers. Today, the top 500 computers in the world combined cannot produce a single exaflop of processing power, but experts predict this will be accomplished in the next three to five years.

With an aging populace and exponential growth in computing power, a major focus of the next three decades will be genome research, modification, DNA sequencing, and genotyping of viruses, mutations, and the like. The genome project of the 1980s and 1990s was severely hampered by limited computing power. With exascale computing, what took two decades of genome research can be accomplished in mere days. Using new genome data, DNA modification of drugs, treatments, therapies and even children will be important careers in just 20 to 30 years.

Hydrogen technology careers will be in demand as everything from your phone and fridge to your car transition to hydrogen power. You can already purchase a hydrogen UPP that gives your iPhone a week's battery life. With the spread and improvement of hydrogen cells, very soon all mobile devices and home appliances will have a nearly endless supply of inexpensive power. 

Magnetic bikes, scooters, skates, and boards will become commonplace. Hendo already makes an expensive magnetic hoverboard. Expect prices to come down and the technology to spread into all forms of entertainment and transportation. This is going to be an exciting area of creativity and innovation where the only bounds are those of the imagination.

With all of the changes coming down the pipe at an exponential rate, are you prepared for the future, or do you already feel like the stereotyped grandparent who couldn't program the VCR?

How do schools prepare children for a world that does not yet exist? How do you prepare yourself? Foundational skills will never be outdated. Reading, writing, and math will still be essential. Granted, the writing will likely be done through speaking, or even tracked eye movement, but the technical aspects will still not go the way of the Walkman.

Heraclitus taught us that the only constant is change. With that in mind, the two greatest skills you can possess are the ability to learn and be flexible. Believe it or not, there are people who are just not teachable. For many, learning new skills and adapting to new environments and ways of doing business is very difficult. Yet, as jobs adapt to rapidly-changing, new technologies you need to be flexible. Students, regardless of their age, need to learn to apply information instead of simply memorizing tasks. Those who said the car was just a fad and staked their future on horses and buggy maintenance were soon disappointed, a lesson not learned by those at Kodak, Atari, Blockbuster, Commodore and so forth.

Perhaps the greatest change to the job market will be the aspects of physical-social interaction. Tele-commuting and flex scheduling are already becoming commonplace as are multi-national virtual teams. The idea that you will go a set location and perform many duties for one company will be foreign to those seeking employment 30 years from now. Employees will be experts in their fields and work on virtual teams collaborating with teammates around the world from the comfort of their homes or virtual data centres. The vast majority of manufacturing will be performed by remotely-controlled machines most often controlled by supercomputers. The number of in-person meetings and events will decrease dramatically as nearly instantaneous communications technology allows for real-time global communications and facilitation. 

What can you do to prepare for the future, now? Start by making sure your tech skills are up to date. If you can't get a pizza delivered to your house by touching just one button on your phone, you need to work on your skill set. Mastering, or at least learning, Spanish or Chinese would also serve you well as we transition into a truly global market. Enunciation will be an important skill as you navigate many more voice-activated and controlled technologies. Work on your diction and oral fluency skills to ensure you are ready to make the leap to hands-free messaging, computing, and living.

While there are no crystal balls, you can be certain change is coming. It brings with it exciting opportunities for those who are prepared, flexible, and willing to learn.

 

THE BOSS HITS A NEW MILESTONE...

 

Bruce Springsteen and the E Street Band’s “Born to Run” album turns 40!  The legendary performer has continued to spellbind crowds ever since.  His energy seems endless; some would argue it is even growing stronger.  In July 2012 he performed his longest concert ever at over 4 hours and covered 33 songs.

The Boss is tied for 3rd place with Elvis Presley for total No. 1 albums in the United States.  If ever there was a person committed to delivering excellence, it is Bruce Springsteen.  He has continued to explore ways and means of expanding his music and delighting the audience.  Whether playing in his home town to small crowds, or in front of mega audiences, there is one thing we know – it will always be performed with the heart and soul of a true music legend.

40 years on, and a young 65, we congratulate Bruce and look forward to many more years of his gracious spirit and enthusiasm…

Listen to some of Bruce’s music courtesy of the Wall Street Journal... Listen to his tunes 

TASTER

Kids in the kitchen...Pancakes for Fathers Day?

INGREDIENTS 

1 cup self-raising flour

1 cup of milk

1 whole egg

1/2 tsp vanilla essence

1 tsp sugar

Pinch salt

20 g melted butter

METHOD

Beat egg, milk, sugar and vanilla together. Whisk well into the flour form a batter, add melted butter and whisk to combine. Wrap and rest for 30 minutes before cooking.

To cook melt a little butter in a pan over moderate heat and when the butter starts to splutter pour the batter into the hot pan and cook on one side until bubbles appear in the batter then flip and cook for 2 more minutes. Serve straight away with whipped butter, jam and cream

FRESH STRAWBERRY JAM

Equal weights of cut strawberries and white sugar covered in a bowl overnight 2 minutes in the microwave before serving warm strawberry jam. Peter Hogg

INSIGHT 

"A goal without a plan is just a dream..." 

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