PREDICTIONS OF 2020'S
By e-learning, individuals are becoming highly educated and skilled. We used to train ourselves vertically by focusing in a single subject, but now we can educate ourselves both vertically and horizontally. This will stress recruitment systems of human resources and keyword match based systems will fall short to identify talents. Either proven portfolio based systems of freelance workers or performance based systems of C suite executives will be the new foundation for developing new recruitment systems.
As we made ourselves able to design websites without coding, we will be able to build softwares without coding as well, although we already have those services, they will be highly developed. Towards the end of 2020's we will be able to process data much easier than using data analytics tools. Softwares will be easily understood, statistics and algorithms will be made ready to apply.
Education's reach to human became faster than humans' reach to education by e-learning systems. This will give birth to expert individuals rise even before they receive their graduation degrees. Such as Data Scientists of today.
The aged population of European Union's economy will struggle to cope with the pace of digitization spread by the U.S. and Asia and will keep on developing policies against this trend, backed by human rights. For example protection of Personal Identifiable Information (PII). On the other hand, improved advanced materials will change many of the finished products' production phases, Imports of advanced materials in EU will be bigger than Exports by a big margin. Therefore to sustain their economy, EU will strategically turn its face to their land resources and will implement new policies for development of tourism (as new destinations), agriculture, forestition and maritime. We will see countries like Estonia; by using their competitive advantage of being an EU country will implement new innovative systems in where developed countries of EU loses their advantage for example in terms of tax and regulations.
Travel rates of Chinese millenials are likely to double the older generations and this will be a boost to global tourism as well as technology intensive startups of Chinese people in surprising countries. The countries that will act soonest to offer incentives will be the winners.
Use of Technology in Hotel rooms will be increasing, the first drivers will be cleaning and hygiene equipments followed by direct marketing through gaze detecting TV screens. The use of gaze detecting screens then will be subjected to regulations and decision will be left to allowance of visitors.
Money will be poured into Blockchain and ICOs, this will cause countries to develop policies and somehow involve in the decentralized network by setting regulations to the new born companies via ICOs. Africa used to receive help from bitcoin since 2011, cryptocurriencies still will be in high demand in Africa, we may see large projects backed by ICOs.
Millenials so far developed products, applications, services for millenials. Due to ageing population of the world, we will see a shift of targeted key customers of millenials' new ventures. First time ever products and services of age 60+ people will grasp our attention.
Through digitization, B2B service providing companies will be in search of new revenue stream channels and will be analyzing online revenue generation types outside of their CVP in B2B market, and we will be witnessing many B2B companies innovating their business models according to their key resources and by implementing new key activities, will enter to online B2C markets.
The more educated the person, the more fact based and individualized purchase decisions he/she makes. Therefore we will be seeing advertisements that focused more on technical properties of the products.
Although we started using blockchain and smart contracts to improve value chain of agriculture products and somehow benefiting these new advancements, we are on the totally reverse direction...