Back to the complete issue
Thursday, 26 December 2019

We’ll be living in a different world in 2030

…So, that whole climate change thing turned out to be real: 2030 will be here sooner than we think but we’ll probably be living in a different world. Fast forward 10 years, and no one will be able to turn a blind eye to climate change. Global warming is currently estimated to be 1.0°C above pre-industrial levels and its impact can already be felt. If warming exceeds a maximum of 1.5°C above pre-industrial levels, there could be irreversible damage done to natural and human systems including extreme temperatures in most inhibited areas, drought, heavy precipitation and eventually the loss of some ecosystems and the extinction of some species, according to UN estimates. Even worse, the World Health Organization predicts that climate change could cause 250k deaths per year between 2030 and 2050 if we continue along our current path. The good news is that those extreme effects of climate change can be avoidable if the world manages to cut emissions of greenhouse gases by 45% over the next 10 years.

On the lighter side of things: Your iPad, mobile screen and even virtual reality headset may well be considered legacy tech by 2030, as a new generation of displays that project 4D images directly onto your retina become the norm. By then, the Internet of Things will have also taken over our lives, helping to wake us up in the morning, prepare our coffee and tailoring our breakfasts based on analyses of nutritional needs. We will then go to work in our driverless cars, free of traffic jams, road rage and car accidents. (cough, Skynet, cough).

Sounds far-fetched? Maybe. More plausible predictions come from MIT Sloan Management Review, which forecasts a continuation of urbanization to the point where two-thirds of us will live in cities, creating the need for more urban agriculture and smart buildings. Limited resources, including water and staple commodities, will also become major issues. As the world becomes more open, privacy will be a thing of the past, with the growth of so-called surveillance capitalism thriving as tools used to collect customer information become more advanced.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.