Finweek - English

This is the world of 2030

historians are good forecasters. They are good not because they possess some original insight into the future but because they are smart in their choice of time horizon: instead of speculating about life over the next few months, they prefer to predict the distant future. It buys them more degrees of freedom and less oversight. This is because humans tend to overestimate change in the short term but vastly underestimate change in the long run.

So, taking a leaf out of the historian’s playbook, let me try my hand not at predicting

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