Threats – Know Laboratories

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Top 11 Quick Hit Knowledge Bits

See what you’ve missed with today’s Top 11 Quick Hit Knowledge Bits. Here’s all you’ve got to do — just tap the latest headlines we’ve curated just for you.

Planet

Disaster and Belief

Economic Carbon Costs

Predictable Weather Extremes

Magnetic Reversals

Above and Below the Surface

Photo Image: Journal of 2020 Foresight by KnowLabs

Previous: “What’s the Science of Two Brains Kissing?”

CENTER FOR KNOWLEDGE CREATION AND INNOVATION

July 2, 2019

Change Itself Doesn’t Hurt. What Hurts is Our Resistance to Change.

“… will require changes in product design and business approaches that have ripple effects throughout supply chains and economic systems.”

What are multi-level solutions? How is MIT driving innovation towards zero waste in circular economies? Can apps really fuel data-rich pictures to save the planet? What’s on the near horizon for healthcare? Is money really the root of all evil? Or, is it simply an entrenched mindset highly resistant to change?

And, finally why are physicists “high-fiving” themselves for discovering a formula for water drops? Is it about the potential commercial opportunities from the formula’s cascading, rippling effects?

We Need a Data-Rich Picture of What’s Killing the Planet

“To tackle the marine litter mystery, Eriksen and other antipollution groups built an app that hundreds of volunteers used to map the banks of the Los Angeles River, where trash was entering the marine ecosystem. Now cities can use that data to do surgical interventions, like identifying hot spots that need more trash cans or more frequent cleanup. “It’s totally scalable,” Eriksen says, and groups from Ecuador to Hawaii plan to use the app for their own surveys.” WIRED · by Clive Thompson Illustration CAITLYN GRABENSTEIN

Calling Innovators To Join The Circular Economy Challenge

“This realization, fuelled by escalating consumer concern, is driving businesses to find multi-level solutions for circular economies with zero waste. In support, MIT’s Solve initiative is calling for innovators to submit their sustainable solutions. The leading question is, ‘How can people create and consume goods that are renewable, repairable, reusable and recyclable?’ Generating these solutions, Solve proposes, ‘will require changes in product design and business approaches that have ripple effects throughout supply chains and economic systems.’” by Natalie Parletta ROMOLO TAVANI, ADOBE PHOTO STOCK

Curated by Steve Howard in “The Journal of 2020 Foresight,” the Know Laboratories’ digital magazine.

The next frontier in health care: regenerative medicine

“This is done through diet, lifestyle, acupuncture — which stimulates the body’s own stem cells — mindset and other practices. Regenerative medicine is an exciting aspect of this care. ‘Prescriptions and surgery certainly have their place in health care, but I think people in general are recognizing the need to be stewards of their own health,’ Dr. Lawrence said. ‘If we can look at the whole person and picture, we can see a long-term better result. Hopefully this is where we’ll see healthcare going — with different health care providers coming together.’” By Lauren Glendenning Shutterstock images

Rise of the Extinction Deniers

“What does all of this serve? Obviously, just as with climate denial, the more you deny that extinctions happen or that they’re a problem, the more you can drill, blast, pave, extract or eliminate—all so you can remove any barriers to your “freedom” and make as much money as you want. Amidst a very real extinction crisis affecting species around the globe, that’s the type of mindset that needs to go extinct.” Scientific American By John R. Platt Credit: Paul Brennan Pixabay

Scientists Discover an ‘Unexpectedly Simple’ Formula Behind The Nature of Water Drops

“This infinitesimal phenomenon has been studied by physicists for decades, but while the overall concept may be easy to imagine, discerning the mathematical relationships that underpin such electrified explosions has been anything but. Now that it’s been figured out, scientists say this one formula could lead to new advancements in everything from space propulsion to mass spectrometry, high-resolution printing, air purification, molecular analysis, and more.” BY PETER DOCKRILL (peter bocklandt/iStock)

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April 24, 2019April 24, 2019

Is Now the Time for You to Digest, Pivot and Profit?

Scientific revolutions. Peak equity. Machine learning tools. Fertility declines. Drowning nuclear plants. Location. Location. Location.

That’s all well and good, but don’t burst my bubble when it comes to the health benefits of red wine.

What’s next? Attacking my Dove dark chocolates? That’s just going too far!

Insights and implications curated from The Journal of 2020 Foresight in time for you to digest, pivot and profit.

Economic Trends

With A Recession Looming, Is Now The Time To Sell Your Home? “Whenever it happens, the recession will likely usher in a buyer’s market, in terms of housing. And as buyer’s gain the upper hand, home values will start to stagnate, pushing down the potential profits of would-be sellers. To gauge what types of homes would be most likely to retain and lose value in a potential recession, real estate brokerage Redfin recently analyzed home prices on 111,000 properties both before and after the Great Recession. According to the findings, single-family homes held their value better than townhomes or condos, as did older properties—specifically those built before 1940.”

Technology Trends

What Are The Biggest Machine Learning Trends Of 2019? “The most notable trend right now in machine learning is the rapid growth in machine learning developer tooling and how that changes the process of building, deploying and managing machine learning.“

Medical Science Trends

A cardiologist revealed the truth behind red wine’s health benefits “Humans have been drinking wine since the Dark Ages. The ancient Greeks even worshipped a god of wine. It wasn’t until the 20th century that we started asking ourselves, is red wine good for us? And that question is now more relevant than ever. After all, Americans have never consumed so much wine in their lives, but recent studies have shown that no amount of alcohol is good for you, and it seems pretty absurd that after all of this time, something so ingrained into culture could suddenly be bad for you. What if 10,000 years of human history has been wrong?”

Scientific Trends

Could An Incompleteness In Quantum Mechanics Lead To Our Next Scientific Revolution? “This is called the principle of locality, and it holds true in almost every instance. But in quantum mechanics, it’s violated all the time. Locality may be nothing but a persistent illusion, and seeing through that facade may be just what physics needs.“

Climate Trending Wildcards

U.S. Nuclear Power Plants Weren’t Built for Climate Change “According to a Bloomberg review of correspondence between the commission and plant owners, 54 of the nuclear plants operating in the U.S. weren’t designed to handle the flood risk they face. Fifty-three weren’t built to withstand their current risk from intense precipitation; 25 didn’t account for current flood projections from streams and rivers; 19 weren’t designed for their expected maximum storm surge. Nineteen face three or more threats that they weren’t designed to handle.“

Sperm Study Increases Concern That Climate Change Will Kill Off Species “’Our study is consistent with current evidence that the production of sperm and mating behavior are sensitive to developmental temperature, and, in an era of global warming, further research in this area — examining both male and female fertility — is vital,’ co-author and University of Lincoln evolutionary ecologist Graziella Iossa, Ph.D., said.“

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

April 3, 2019April 3, 2019

Is It Too Late to Stimulate Your Creative Juices?

Reconnect the dots in new and different ways to uncover hidden opportunities for your career and personal life.

Consider the case study about the builders of the “Doomsday Seed Vault” and the horror they must have felt, when they realized the genius of their deep-future planet-saving food-bank scenario failed to include the present day risk of Arctic Warming.

Oops, now what?

What if …

What are some of the other consequences triggered by the continuing change in the ocean conveyor built, especially at a time when we may be reaching “Peak Indifference” on climate change?

Curated by Steve Howard in “The Journal of 2020 Foresight,” Know Laboratories’ digital magazine.

Or, what about the second and third degree rippling effects?

What are the implications for the cost of your insurance premiums?

Which industries will boom and which will decay if the first graphene-based device is real, and available for market before the end of this year?

Tick. Tick. Tick.

As a consumer, a citizen or a power plant operator, what are the implications of the patent filed by Tesla to bypass the Electrical Grid?

Or, what if science gets it right and can turn abundant seawater into hydrogen fuel bypassing the need for hybrid-vehicles?

How will your life change, or the life of someone you know and care about, if the science of deep brain simulation becomes available?

Tick. Tick. Tick.

Or, what are the unintended consequences of Harvard’s discovery of a DNA gene-controlling switch for whole-body regeneration?

Game, set, match?

And, finally a little bit closer to home.

What about the so-called “Economic Singularity”?

Snooze alarm.

How realistic is it, if what futurists fear the most, robots come and take our jobs away.

Yours, mine, theirs?

Forever?

No need to be an alarmist, here.

But, what if …?

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

March 6, 2019

Consciousness, Disruption and Chaos. It’s All Good!?

But that happened over several generations and centuries. We are going to see that kind of upheaval in many industries in half a generation.

“The results can have a tremendous impact on our understanding of how the immune system functions and how the incidence of some of the most serious illnesses, including diabetes, cancer and Alzheimer’s, might be avoided,”

Economic Recovery

Journal of 2020 Foresight

The Coming Recession Will Be Different

“Markets and most businesses will figure out how to survive. New businesses will keep launching. New technologies will thrive. We will continue to need food, shelter, transportation, communication, and all the things we think of as normal today. This will all happen while technology “eats” jobs faster than it creates them. It was all well and good when we went from 80% of the workforce on farms to 1% today. But that happened over several generations and centuries. We are going to see that kind of upheaval in many industries in half a generation. Can you blame frustrated workers? People wishing that they can have their jobs protected? Wanting the government to do something? In the coming decade, I think politics will be more important to markets than ever before. That is not to say investors can’t figure it out. Recovery from the Great Recession was the slowest on record. The next recovery will be even slower.” John Mauldin Contributor, Markets forbes.com Photo- Getty

Technology-Driven Disruption

10 Industries On The Cusp Of Technological Disruption

“The experts of Forbes Technology Council are often ahead of the curve when it comes to tech trends. Below, nine members share their insider perspectives on the industries and services that are on the cusp of tech disruption in the near future.

1. Doctor’s Office Visits. 2. Financial And Legal Services. 3. Healthcare Diagnostics. 4. Education. 5. Data Protection. 6. Customer Service. 7. Insurance. 8. Automotive Industry. 9. Security. 10. ‘Paper Pushers’. Expert Panel, Forbes Technology Council.” forbes.com Photo- Getty

Memories of the Past

How the Brain Creates a Timeline of the Past

“The brain can’t directly encode the passage of time, but recent work hints at a workaround for putting timestamps on memories of events. Invigorated by empirical support for their theory, he and his colleagues have been working on a broader framework, which they hope to use to unify the brain’s wildly different types of memory, and more: If their equations are implemented by neurons, they could be used to describe not just the encoding of time but also a slew of other properties — even thought itself. But that’s a big if. Since the discovery of time cells in 2008, the researchers had seen detailed, confirming evidence of only half of the mathematics involved. The other half — the intermediate representation of time — remained entirely theoretical. Until last summer.” Jordana Cepelewicz, Staff Writer quantamagazine.org Photo Cydney Scott for Boston University Photography (Howard); Courtesy of Karthik Shankcar

Consciousness Frontiers

How we identified brain patterns of consciousness

“Research like this has the potential to lead to an understanding of how objective biomarkers can play a crucial role in medical decision making. In the future it might be possible to develop ways to externally modulate these conscious signatures and restore some degree of awareness or responsiveness in patients who have lost them, for example by using non-invasive brain stimulation techniques such as transcranial electrical stimulation. Indeed, in my research group at the University of Birmingham, we are starting to explore this avenue. Excitingly the research also takes us as step closer to understanding how consciousness arises in the brain. With more data on the neural signatures of consciousness in people experiencing various altered states of consciousness – ranging from taking psychedelics to experiencing lucid dreams – we may one day crack the puzzle.” Davinia Fernández-Espejo theconversation.com Photo whitehoune/Shutterstock

Chaos and Serious Illness Prevention

Immune system found to tap into chaos theory to regulate itself

“This isn’t just a system that tolerates chaos either. As the levels of NF-κB swing up and down, the activation of certain genes increases, meaning the protein is working at peak efficiency when there’s a healthy amount of chaos in the system. “The results can have a tremendous impact on our understanding of how the immune system functions and how the incidence of some of the most serious illnesses, including diabetes, cancer and Alzheimer’s, might be avoided,” says Mogens Høgh Jensen, co-author of the study. “For example, we know that cancer is related to a failure of signaling within the body. So, to avoid cancer, it is imperative to have the right dynamic at work in cells.” Michael Irving newatlas.com Credit: agsandrew/Depositphotos

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

December 4, 2018

What Do You Need To Know As AI Changes Your World?

Deep learning involves feeding data to large neural networks that crudely simulate the human brain

The picture out there and the one painted above is one of massive and rapid change to the way people think and operate, which will affect material pain.

The AI Survival Guide For Leaders

“I am not a huge fan of perpetual clichés like, “The world will be changing faster than ever before,” and “This time is different,” but this time is different. The picture out there and the one painted above is one of massive and rapid change to the way people think and operate, which will affect material pain. But with change also comes excitement and opportunity. And those reading articles like this one will react to the impending change with a sense of enablement, not shock. Avoiding amygdala hijacks in favor of optimistic clarity will allow leaders to harness the newfound time — freed up by artificial intelligence — to steer an ever-growing enterprise.” Forbes CommunityVoice by Laura Berger photo Pexels

The A-Z of how artificial intelligence is changing the world

a is for… artificial intelligence

“Since the early days of computers, scientists have strived to create machines that can rival humans in their ability to think, reason and learn – in other words, artificial intelligence. While today’s AI systems still fall short of that goal, they are starting to perform as well as, and sometimes better than, their creators at certain tasks. Thanks to new techniques that allow machines to learn from enormous sets of data, AI has taken massive leaps forward. AI is starting to move out of research labs and into the real world. It is having an impact on our lives. BBC future” By Richard Gray Image credit: Getty Images

One of the fathers of AI is worried about its future

“Yoshua Bengio wants to stop talk of an AI arms race and make the technology more accessible to the developing world. Alongside Geoff Hinton and Yann LeCun, Bengio is famous for championing a technique known as deep learning that in recent years has gone from an academic curiosity to one of the most powerful technologies on the planet. Deep learning involves feeding data to large neural networks that crudely simulate the human brain, and it has proved incredibly powerful and effective for all sorts of practical tasks, from voice recognition and image classification to controlling self-driving cars and automating business decisions.” View on technologyreview.com by Will Knight ECOLE POLYTECHNIQUE | FLICKR

The difference between AI and machine learning, explained

“Machine learning is a subset of artificial intelligence, just one of the many ways you can perform AI. Machine learning relies on defining behavioral rules by examining and comparing large data sets to find common patterns. This is an approach that is especially efficient for solving classification problems. For instance, if you provide a machine learning program with a lot of x-ray images and their corresponding symptoms, it will be able to assist (or possibly automate) the analysis of x-ray images in the future. The machine learning application will compare all those different images and find what are the common patterns found in images that have been labeled with similar symptoms. And when you provide it with new images it will compare its contents with the patterns it has gleaned and tell you how likely the images contain any of the symptoms it has studied before.” thenextweb.com By BEN DICKSON

What is machine learning? We drew you another flowchart

“Machine learning is the process that powers many of the services we use today—recommendation systems like those on Netflix, YouTube, and Spotify; search engines like Google and Baidu; social-media feeds like Facebook and Twitter; voice assistants like Siri and Alexa. The list goes on. In all of these instances, each platform is collecting as much data about you as possible—what genres you like watching, what links you are clicking, which statuses you are reacting to—and using machine learning to make a highly educated guess about what you might want next. Or, in the case of a voice assistant, about which words match best with the funny sounds coming out of your mouth. Frankly, this process is quite basic: find the pattern, apply the pattern.” MIT Technology Review View on technologyreview.com by Karen Hao

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

19) Anticipate the growing shifts in life and business. Nobody wants to swim upstream if the current is moving everything in the opposite direction. Clue your fans in.

August 10, 2018

Which forces have peaked or are reversing themselves?

Turbulent changes in the current of our life – its pace, pattern and scale – challenge our notions of what is real.

Since beginningless time people have wanted to know where life will take them.

Today you and I are in one of those periods that occur every 200 or 300 years when people don’t understand the world anymore, when the past is not sufficient to explain the future.

Turbulent changes in the current of our life – its pace, pattern and scale – challenge our notions of what is real.

How do you stimulate your own powers of foresight?

Consider the following thought provokers.

Ask yourself, in following categories

What are the brand new trends and forces?
Which are the ones growing in importance?
Which current forces are loosing their steam?
Which have peaked or are reversing themselves?
Which are the “wildcards” about to disrupt us in the future?

TECHNICAL thought for food:

Electronics,

Materials,

Energy, Fossil, Nuclear, Alternative, Other,

Manufacturing (techniques),

Agriculture,

Machinery and Equipment,

Distribution,

Transportation (Urban, Mass, Personal, Surface, Sea, Subsurface, Space),

Communication (Printed, Spoken, Interactive, Media),

Computers (Information, Knowledge, Storage & Retrieval, Design, Network Resources),

POLITICAL thought for food:

Post-Cold War, Third World,

Conflict (Local, Regional, Global),

Arms Limitation, Undeclared Wars, Terrorism, Nuclear Proliferation, Weapons of Mass Destruction,

Governments (More/Less Power and Larger or Smaller Scale),

Taxes,

Isms: Nationalism, Regionalism, Protectionism, Populism,

Cartels, Multinational Corporations, Balance of Trade, Third Party Payments,

Regulations (OSHA, etc.) Environmental Impact,

U.S. Prestige Abroad.

SOCIAL Thought for food:

Labor Movements,

Employment Patterns, Work Hours / Schedules, Fringe Benefits,

Management Approaches, Accounting Policies, Productivity, Energy Costs,

Generations: Elderly, Boomers, X, Y, Z

Urban vs. Rural Lifestyles,

Affluent vs. Poor,

Neighborhoods and Communities,

ECONOMIC Thought for food:

Unemployment / Employment Cycles,

Recession, Balance of Payments,

Inflation,

Taxes,

Rates of Real Growth,

Distribution of Wealth,

Capital Availability and Costs,

Reliability of Forecasts,

Raw Materials, Availability and Costs,

Global versus National Economy,

Market versus Planned Economies,

Planned or Organic Growth.

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

19) Anticipate the growing shifts in life and business. Nobody wants to swim upstream if the current is moving everything in the opposite direction. Clue your fans in.

July 31, 2018

If a New Era of Technology is in the Driver’s Seat, Where Are We Going?

4 tech developments that will impact every business this year

Could a robot ever replace you? Predictions from LinkedIn, Kemosabe, Quantcast, and more

The Industrial Era Ended, and So Will the Digital Era

“Today digital technology is all the rage because after decades of development it has become incredibly useful. Still, if you look closely, you can already see the contours of its inevitable descent into the mundane. We need to start preparing for a new era of innovation in which different technologies, such as genomics, materials science, and robotics, rise to the fore. You can’t rapidly prototype a quantum computer, a cure for cancer, or an undiscovered material. There are serious ethical issues surrounding technologies such as genomics and artificial intelligence. We’ve spent the last few decades learning how to move fast. Over the next few decades we’re going to have to relearn how to go slow again. So while the mantras for the digital age have been agility and disruption, for this new era of innovation exploration and discovery will once again become prominent. It’s time to think less about hackathons and more about tackling grand challenges.” hbr.org Greg Satell TARA MOORE/GETTY IMAGES

Could a robot ever replace you? Predictions from LinkedIn, Kemosabe, Quantcast, and more

“I don’t think my job will be taken over by robots, but that doesn’t mean my role won’t change significantly as a result of AI. Although AI ‘stealing’ jobs is a hot topic, we need to look at the array of benefits tech has had on our working lives, and the solutions AI can offer, helping to remove some of the repetitive elements of work and freeing up our time. Looking at the marketing and advertising industry, AI is perfect for picking up some of those admin and data analysis tasks, but technology will never replace humans. With more time available, people can put a greater focus on developing relationships and being more creative with our campaigns, providing the emotional engagement a robot will never be capable of.” By The Drum Photo Tom Pepper, UK director of marketing solutions at LinkedIn, says he’s not threatened by robots.

AI will create as many jobs as it displaces – report

“Our analysis suggests the same will be true of AI, robots and related technologies, but the distribution of jobs across sectors will shift considerably in the process.” PwC said about seven million existing jobs could be displaced by AI from 2017-2037, but about 7.2 million could be created, giving the UK a small net jobs boost of around 200,000. Some sectors would benefit disproportionately, however, with jobs in health increasing by 22%, scientific and technical services by 16% and education by 6%. By contrast manufacturing jobs could fall by 25%, transport and storage by 22% and public administration by 18%, PwC said.” bbc.com Source: PwC

4 tech developments that will impact every business this year

“1. New global landscape. The global economy is being redefined by frequent political and societal changes, which increase uncertainty and risk for businesses, the report noted. 2. Rethinking business models. That means enterprises must rethink the way they have traditionally run their companies, and embrace new tools like digital technologies and data analytics to evolve and remain relevant. 3. Human and machine collaboration. Advances in artificial intelligence (AI) and machine learning have already impacted the workforce, and the relationship between humans and machines will likely continue to augment human skills, more so than replace them, the report noted. 4. Digital workplace. The digital workplace involves flexible, connected workspaces, as workers’ digital lives become integrated across their job and home, according to the report.” techrepublic.com/ · Alison DeNisco Rayome Image: iStockphoto/metamorworks

Telling a good innovation story

“Appealing to people’s emotions helps new ideas cut through the clutter. A “best beats first” innovator takes the measure of a competitor who may be dominating a market with an acceptable product, and then leaps to the front with something even better. It’s about winning through cunning, instead of using the conventional playbook of scaling a similar product with heavy investment to maintain share. Many innovators told us that the “fast follower” meme is bereft of emotion: no one ever wins people over by talking about their capacity for imitation.” mckinsey.com By Julian Birkinshaw McKinsey Quarterly Firms Look to Emerging Tech to Drive New Business Models

While CIOs are increasingly being tasked with deploying and overseeing the new capabilities.

“They include a set of artificial intelligence technologies – computer vision, deep learning and natural language generation – aimed at helping firms “build decision engines that increasingly automate operations and engagement processes,” Forrester analysts said in the report. Other key technologies include business networking fabrics, blockchain and other distributed ledgers, edge, quantum and serverless computing, additive manufacturing, and virtual, augmented and mixed reality. Unlike building up a company’s tech foundation by leveraging various IT products and services, CIOs are increasingly being tasked with deploying and overseeing capabilities with the goal of “creating breakthrough business solutions.” Mr. Hopkins said. blogs.wsj.com PHOTO: EUROPEAN PRESSPHOTO AGENCY

You May Run From It, But Disruption Is Going to Occur All the Same — Here’s How to Embrace Change

“The world is constantly changing and improving, which means any business that does not innovate will be outpaced by the rest of the economy. To ensure your company evolves with the times, consider the following tips: 1. Find inspiration in unlikely places. Some industries, such as health care, endeavor to avoid disruption by placing strict regulations on what and how providers can serve customers. Countless companies have tried to disrupt health care over the years and always encounter plenty of red tape. The latest attempt is a joint venture by Amazon, Berkshire Hathaway and JPMorgan Chase. Stay tuned: The disruption there may be big. 2. Stay ahead of technology trends. 3. Lean into disruption as a positive force. In all fairness, disruption is no fun for established businesses. Leaders who are able to view the shifting sands as a prompt to improve their organization and evolve with consumer demands, however, stand to gain financially.” entrepreneur.com · Per Bylund Image credit: Uber

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

19) Anticipate the growing shifts in life and business. Nobody wants to swim upstream if the current is moving everything in the opposite direction. Clue your fans in.

July 12, 2018

When’s the Next Recession? Will You Be Ready This Time?

Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

Get an early handle on the potential for a major recession, consider the potential impacts on you, your career, your organization and respond sufficiently ahead of any expected economic downturn.

Source: Shaping Tomorrow’s AI Robot, Athena.

Forecast: The Fed will tighten too much and tip that curve into recession territory sometime next year.

Trend: Economic, Political

Sector: Financial

Insight and Source: Economist who helped discover predictive powers of bond market says there’s no sign of recession right now Ron Insana | @rinsana

Forecast: Developed countries are badly equipped for another recession, both economically and politically, and central banks should be wary of raising interest rates just to control inflation.

Trend: Economic, Political

Sector: Financial

Insight and Source: Summers Warns the Biggest Economies Are Not Prepared for Another Recession Christopher Condon , Joao Lima , and Paul Jackson

Forecast: Many economists now expect a mild recession in the U.S. by 2020 at the latest.

Trend: Economic, Political

Sector: Financial

Insight and Source: IDC Forecasts Worldwide IT and Telecom Spending to Slow After Last Year’s Rebound; Economic Risks Have Increased

Related Forecasts:

“The U.S. central bank forecast one or two more hikes for 2018.
Assuming no additional stimulus in 2020, the fading of the U.S. fiscal sugar-rush after 2018-2019 could lead to withdrawal symptoms that could exacerbate a cyclical slowdown.
The U.S. could target an additional $200 billion in Chinese goods, followed by another $300 billion – bringing duties on a total of $550 billion Chinese products, which is more than the $506 billion the U.S. imported from China in 2017
In the US, headline inflation is projected by the IMF to increase to 2.5% from 2.1%.
The IEA predicts the U.S. will add 1.7 million barrels per day in 2018, followed by another 1.2 mb/d in 2019.
Being well overdue for a recession in the US, the unbridled optimism of global investors will eventually end, once they consider the plethora of rising risks.
Achieving policy objectives will become more challenging from 2020 amid a technical recession in the US and a faster deceleration in Chinese economic growth rates.
In the next three years, a rising amount of bonds maturing within one year entails rollover risk if financial conditions tighten abruptly.
A recession in the US will cause economic growth in Canada to slow to a little above 1% in 2020.
The risk of a recession really picks up after a year, or sometime in 2020 because that is when you start to see the fiscal stimulus start to fade.
One change from recent years is that corporate car rental prices in North America are expected to rise by as much as 5 percent in 2018 due to operator issues.
The US stock market is on the brink of an imminent crash that could trigger another global recession.
Borrowing costs climb to a four-year high just as investors begin to anticipate a downturn in the global economy.
US rate hikes risk triggering a recession in 2019 or 2020 by putting the brakes on growth.
With unemployment at 4.1%, inflation fears are rising: Typically, the Federal Reserve starts to increase interest rates to slow the economy and push inflation back into its lair – but in doing so, the Fed raises the risk of recession and pushing down already lofty stock markets.”

Steps:

6) Anticipate changing circumstances and economic cycles.

7) Persist and pivot to navigate external threats and opportunities.

17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

Share this:

Share this:

“… will require changes in product design and business approaches that have ripple effects throughout supply chains and economic systems.”

Share this:

Share this:

Reconnect the dots in new and different ways to uncover hidden opportunities for your career and personal life.

Share this:

But that happened over several generations and centuries. We are going to see that kind of upheaval in many industries in half a generation.

“The results can have a tremendous impact on our understanding of how the immune system functions and how the incidence of some of the most serious illnesses, including diabetes, cancer and Alzheimer’s, might be avoided,”

Share this:

Deep learning involves feeding data to large neural networks that crudely simulate the human brain

The picture out there and the one painted above is one of massive and rapid change to the way people think and operate, which will affect material pain.

Share this:

Turbulent changes in the current of our life – its pace, pattern and scale – challenge our notions of what is real.

Since beginningless time people have wanted to know where life will take them.

Share this:

4 tech developments that will impact every business this year

Could a robot ever replace you? Predictions from LinkedIn, Kemosabe, Quantcast, and more

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Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?

Get an early handle on the potential for a major recession, consider the potential impacts on you, your career, your organization and respond sufficiently ahead of any expected economic downturn.

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