At Davos in 2014, forecasters were focused on the pace of the U.S. economy and Federal Reserve tapering of monetary stimulus, the dizzying heights the U.S. stock market has reached, and the impact of those on the rest of the world, including widely expected tough times in emerging markets. There’s the future of China’s economy and the future of the price of oil and its impact in the world’s petro-states –which tend to also be many of the politically troubled parts of the world. There are divided opinions over the future of the Japanese economy under Abenomics. Palpitations are growing over more extreme weather like the “polar vortex” that gripped much of the U.S. earlier this month.
What’s striking about this year’s predictions is that there are no gloom and doom scenarios on forecasters’ lists.
The World Economic Forum’s Global Risks Report, based on a survey of more than 700 experts around the world who were asked to rank risks according to their probability and impact was released on January 17.
* income disparity is the risk most likely to cause an impact on a global scale in the next decade
* Other highly probable, high impact risks include extreme weather events, unemployment, and fiscal crises
Blackstone Vice Chair Byron Wien predicts a 10 percent correction from market extremes but a total return of 20 percent by year’s end.
China has kept ahead of worries despite many predictions of a hard landing.
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
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He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.