This is the Future of America

This is the Future of America

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By 2050, your life will be completely  unrecognizable. Your home, your job,   even the cities you live in—everything will  have changed dramatically. But what will it   actually look like? And how did we get there? We’re going to dive into the changes already   underway and explore what life  will really look like in 2050.  Let’s start with the six  years between now and 2030.  One of the biggest changes coming to the 2024  to 2030 period will be the rise of what some   are dubbing megacities. These are massive cities  that have populations above 10 million people,  

combined with large surface areas enabling  future growth and strong transport systems.   The U.S already has two megacities: New York,  with over 23 million people, and Los Angeles,   with more than 18 million. And a couple more might  join the list by 2030 since Chicago and Washington   are both on the verge of breaking the 10 million  barrier, with the takeaway being that cities are   going to become more jam-packed than ever before. And they’ll only get bigger as   we move closer to 2050. Your actual home is about  

to look very different too, largely thanks  to smart home adoption. Nearly 43 million   Americans already had some form of smart home  technology by 2019. By 2024, that number has   risen to almost 70 million Americans, accounting  for over a sixth of the population. And the trend   will only grow from there – 2028 is projected  to see over 103 million Americans living in   homes that include some form of smart technology. Other technological changes will likely include   restrictions being placed on social media  platforms, something like what has happened   to TikTok previously. Sam Adams, who’s a 24-year  veteran at IBM, suggests that we’ll see the rise  

of new platforms that place a greater focus on  privacy – an issue about which 71% of American   adults say they’re “very” or “somewhat” concerned.  Going hand-in-hand with that will be the sheer   scale of misinformation on these platforms and the  web as a whole. Deepfake artificial intelligence,   or AI, will continue to grow in popularity, going  from a market size of $564 million in 2024 to   more than $5 billion by 2030. This represents a  compound annual growth rate, or CAGR, of 44.5%   and it spells one thing for the immediate future  of the U.S. – millions of fake images and videos   trying to misinform you about social situations. But back to the megacities and the general  

increase in urbanization of the U.S. between 2024  and 2030. That can’t spell good things for the   environment, right? Sadly not.  In January 2023, Stanford University published  a report in which it claimed that we’re on   track for global warming to reach 2.7 degrees  Fahrenheit above pre-industrial averages by the   2030s. Worse yet, it won’t matter how much we do  to limit our greenhouse emissions between now and   then – the temperature is going up regardless.  For context, the world was 2 degrees Fahrenheit  

warmer than it was before the industrial age in  2023, meaning temperatures are going to increase   more. Expect to see more melting of polar ice  sheets and an increasing prevalence of extreme   weather events as we move closer to 2030. In sheer costs alone, the impact of climate   change is expected to set the U.S. back by  between $2 billion and $4 billion every year   in healthcare alone. Agriculture, sanitation,  and water sectors will be the ones worst  

affected by these temperature changes. It’ll only get worse from there,   so keep watching to see just how much  the planet will have warmed by 2050.  Still, there are some bright spots. The  Solar Energy Industries Association,   or SEIA, has a target to ensure solar  power will be responsible for generating   30% of America’s annual electricity  by 2030. That’s a target, mind you,   rather than a guarantee. At the current rate of  adoption, solar power will only account for 15%  

of electricity generated by 2030. The United  Nations has even more ambitious targets – it   hopes to help create a world (and the U.S.) in  which 65% of electricity comes from renewable   sources. If nothing else, you’re likely to see  a lot more solar panels and wind farms by 2030.  It may not be enough to stop  climate change, but it’s a start. 

Of course, population growth could be the  enemy of these attempts to combat climate   change. And according to the Census Bureau,  2030 will mark some key demographic changes   in the U.S. Starting with Baby Boomers, all  will be above the age of 65 by this time,   meaning a fifth of Americans will be in retirement  age. Keep watching to see what impact that will   have on the American population in the 2030s. Population growth will continue, hitting an   average of 1.8 million people per year between  2017 and 2060. That average will be influenced by  

2.3 million per year growth up to 2030, though  it’s going to decline in the coming years to   the point that 2030 will likely mark the first  time in American history that net international   migration will outpace natural increase through  birth as the leading American population driver.  That growing population will also experience  some serious changes to work and society   between 2024 and 2030. The rise of artificial  intelligence, which is already well underway,   will dictate most of those changes. According  to PricewaterhouseCoopers, 37% of people are  

worried that the increased automation that comes  from rising AI use will put them out of work.  They may not be wrong. Dig Insights estimates  that automation will replace 30% of American   jobs by 2030. The organization suggests we’ll  see a rush toward the increased use of robotics   for jobs in meat processing, hospitality, and  several other industries. But there are some  

bright spots. 74% of Americans say they’re willing  to learn new skills to ensure they’re employable   in the future, with 73% saying they believe  technology can never replace the human mind.  The big question is simple:  are those people right?  You’ll learn the answer as we move deeper into  the 2030s and toward 2050. What is certain is   that 2024 to 2030 will lead to rising instability  in the job market, with 60% of Americans believing   that long-term stable employment will soon be  a thing of the past. They may have a point.   The Congressional Budget Office, or CBO, projects  that the unemployment rate will rise continuously   up to 2030, from its 2024 first quarter rate of  3.8% to 4% by 2025 and, finally, 4.5% by 2030. 

There’s not a whole lot of encouraging information  there. Still, things will start to improve as you   reach the 2030s and move closer to 2040, right? Well, yes and no.  On the technological front, Allianz Partners  offers some interesting insights into what   housing will look like. It suggests that the  majority of homes will be 3D printed rather  

than made using traditional construction  methods, with the resulting homes being   built by construction robots and designed to  incorporate full network connections to make   them “smart.” On the plus side for the average  person, these new construction methods will   result in the creation of “super-smart” homes  that cost 60% less than equivalent homes in   2024 and can be built in a matter of weeks. Whether those savings would be passed on to   homebuyers is another question entirely, and  there’s no good precedent for that being the case. 

Enhancements to medical care will also  have a defined impact on American society,   especially in relation to childbirth. Based on  United Nations projections, Axios predicts that   the average American child will be expected to  live up to 83 years by 2040. For context, that’s   five years more than 2024’s life expectancy.  Infant death will also decline dramatically,   with only three in every one thousand infants  passing away, representing a halving of the   current rate. So the average U.S. citizen  will be “wealthier and healthier” than ever.  But let’s dig deeper into the expected  healthcare innovation we’re likely to   see during the 2030s. Some predict that  innovations in global healthcare, including  

the adoption of new technologies, will reduce  the total burden caused to the U.S. healthcare   system by disease by between 6% and 10%. Such  innovations include molecular technologies and   the “omics” sciences, key components of the “Bio  Revolution.” These technologies allow doctors to   target specific molecules within cells, similar  to how the COVID-19 vaccine targeted the S protein   found on the surface of that virus. By 2040,  this emerging approach will become widespread  

to the point where it’s practically the standard. Regenerative medicine and cellular therapy will   also become more widespread. CAR T-Cell  therapy is a good example – the American   Society of Hematology reported in March 2023  that a study relating to this technology saw   76% of patients enter remission from cancer. Look  for this type of medical technology to improve  

by leaps and bounds by the time we hit 2040. Other technological advancements are perhaps more   speculative. For instance, we could see the full  rollout of 7G wireless communication technology by   2040. This tech will provide internet connection  speeds that are a staggering 100,000 times faster  

than the peak speeds of 20 gigabits per second  achieved by the 5G standard we have in 2024.  Those faster speeds will make things like full  virtual assistants, or VAs, possible. Your home   will be equipped with a host of diagnostic sensors  and systems that can conduct constant physical and   medical checks on you, with your VA essentially  being a repository of the data collected that   you can quiz at any time. You may even have  a small fleet of robots, drones, and other   AI-powered tech in your home – and some experts  think that up to 90% of your household chores   will be completed by robots and drones by 2040. Don’t think we’ve forgotten about the emerging   megacities either. By 2035, Dallas will  crack a population of 10 million people,   with Houston following soon after in 2043.  San Francisco will also have become part of  

the megacity phenomenon, suggesting American  cities will continue a trend toward becoming   more congested than they are in 2024. It’s amazing to see it happen in real   time. But you can’t shake the feeling that  you’re increasingly losing control of your   life. It’ll only get worse from here. For now, let’s examine the impact that   having more people who are more densely packed  together will have on the environmental front. 

To get an idea, we can look at the condition  Florida will be in by 2040. By that year,   global sea levels will have risen anywhere  between seven inches in a moderate scenario   and 16 inches in an extreme scenario. That  spells potential catastrophe for people living   in Florida’s coastal cities. Pensacola, for  instance, faces a 17% chance of experiencing   annual floods of three feet in the moderate  scenario, with the percentage rising to 100%   in the extreme scenario. St. Petersburg and  Fernandina Beach fare even worse – the former’s  

annual three-foot flood risk ranges from 19% to  100%, while the latter’s is between 20% and 100%.  Mortality rates in the state will also  increase as both extreme heat and cold   affect the state’s older population. Right now,  20.5% of Florida’s population is aged 65 or above,   which is higher than the overall U.S. average of  16%. By 2035, climate change will cause an annual  

average of 1,000 additional deaths in the moderate  scenario, rising to 1,400 per year in the extreme   scenario. Floridian agricultural irrigation will  also require 3.7 billion gallons of water annually   in 2035—up from 3.2 billion in 2015—at a time  when droughts are more frequent and widespread.  But hey, at least there’s a minor plus – Florida’s  changing temperatures will lead to cotton and soy   yields increasing by between 5% and 6% in 2035. Still, that sliver of a silver lining doesn’t mean   much for a state that’s likely to be devastated  by climate change. And while Florida offers one  

of the most extreme examples due to being a  coastal state, the rest of the U.S. will be   feeling the environmental pinch. It’ll only  get worse, too – keep watching to see what   state the U.S. will be in if climate change  continues at its current rate up to 2050.  Can anything be done to  stop this sort of scenario?  The U.S. will certainly be trying. It currently  has a target to reach net zero emissions by 2050,   with 2030 to 2040 seeing it deploy zero-carbon  technologies at a rate of between 60 and 70   gigawatts per year. It won’t hit net zero by  the end of 2040 – power consumption in the   U.S. was over 3.6 million gigawatts in 2020  and it’s going to increase as the population  

grows, but it’s at least a start. Granted, it’s  a start that Climate Action Tracker classes as   “insufficient.” According to that organization,  America’s policies and actions are lacking   compared to most other developed nations, with  its financing for climate-related activities   being “critically insufficient.” So, the U.S.  will be making progress, but it’ll have fallen   behind many other countries on the environmental  front by 2040. And, as Floridians will be able to   tell you by 2035, it’ll be paying a price that’s  only going to grow larger as we move toward 2050. 

But let’s switch focus for a moment. We’ve touched on America’s growing population,   so how will the country’s demographics and  population change between 2030 and 2040?  Fairly substantially, as it turns out.  Between 2030 and 2040, the number of   people aged 65 or over in the United States  will rise from 73.1 million to 80.8 million,   with the latter figure representing 22% of the  population. Florida’s current higher-than-average   number of retirees won’t be an outlier  anymore – it’ll be the new U.S. standard.  That increase in older people will  be matched—inversely—by a decrease   in population growth. The 2.3 million per year  average seen up to 2030 will take a sharp decline,  

with the U.S. population only growing by 1.8  million people per year on average between 2030   and 2040. Remember that the Census Bureau predicts  average population growth of this amount between   2017 and 2060 – that means more declines in  growth are to come as we move toward 2050.  Net international migration will also have  fully overtaken births in the United States   as the country’s main driver of population growth.  In 2030, one million people will be born, versus  

1.1 million people who arrive in the U.S. from  other countries. Again, that’s a trend that will   continue throughout the next decade and into the  2040s. By 2040, only 45% of 30-year-olds in the   United States will be non-Hispanic white people. How much longer will it be, then, before   America’s collection of minorities  becomes the majority in the country?  Interestingly, demographics will also be changing  in terms of how you live and what religion you   follow. On the religious side, published by  the Pew-Templeton Global Religious Futures  

Project reveals that the current Christian  majority in the United States will still be   in place. But it will be falling. By 2040, 30%  of people aged between 30 and 44 will identify   as being unaffiliated with any type of religion –  almost double the 18% who said the same in 2010.  As for where you’re living, the odds are that  you’re going to be in a major urban area, such as   one of the emerging megacities. The U.N. published  data on world urbanization prospects back in 2018,   suggesting that a staggering 87% of the American  population will live in some form of urban area by   2040. Granted, this isn’t too far from the  current figure, as 82.66% of Americans lived   in urban areas in 2020. Still, there’s a trend  away from rural and toward wealthier cities at   play here, which will continue into 2050. Earlier, we mentioned the possibility of  

the new smart homes being built between 2030 and  2040 being 3D printed. What does that mean for   the construction industry? It could actually mean  good things, at least from an industry standpoint,   as the rise of 3D printing for homes could lead to  productivity boosts that result in the realization   of forecasts that global construction could  be a $22 trillion industry by 2040. That would   require a compound annual growth rate of 3.2%,  though, which is a long way ahead of the 0.4%   annual growth seen between 2000 and 2022. Looking toward the wider world of work,  

AI and automation will have continued their  unstoppable march through 2040, eliminating   millions of jobs while placing many millions more  at risk. Forecasts vary depending on the source,   but there are predictions that 63 million jobs  will be lost globally to automation by 2040, with   the hardest hit sectors including agriculture and  construction. So, while the construction industry   will be booming between 2030 and 2040, it’ll come  at the cost of people who are the bedrock of the   industry right now, perhaps someone just like you. Other forecasts offer even more doom and gloom,   especially seeing as AI exploded in popularity  shortly after Forrester released its report. In   March 2023, Goldman Sachs said it believes around  300 million jobs around the world could be lost to   the rising tide of AI by 2040, noting that the  technology will handle about a quarter of work   tasks in the U.S. in the process. But it’s not  all bad news. The rise of AI will lead to new jobs   being created, as well as productivity increases  that result in the total annual value of goods   and services around the world increasing by 7%. Staying with the work front, unemployment will  

stay stable at around the 4.5% mark reached in  2030 but a slowing demand for labor due to AI and   automation brings us closer to wage stagnation.  The Congressional Budget Office says wage growth   started declining in 2024, dropping to 4% from  the 2023 figure of 4.3%. By the 2030s, growth will  

have slowed even further, tapering off to 2.7%. Other changes are more social.  In a trend we’re already seeing in 2024,  more and more of your relationships will   be formed online. Up to 70% of them, in fact, if  research published by the dating website eHarmony   is accurate. The downside to this, assuming you  don’t consider meeting online to be a downside in   and of itself, is that these meetings will come  at the cost of your data. Information about you   will become a currency to major online businesses,  which will use it to do everything from matching   you up with people to advertising products based  on every little action you take. Who knows?   Your entire brain may be mapped to the internet  by this point if technocrats like Elon Musk get   their way. After all, he’s been saying for  years that humanity must merge with machines. 

So, the period between 2030 and 2040 is a mixed  bag. The way you live will have transformed   dramatically, with ever more intelligent smart  homes becoming the norm and a higher possibility   that you’ll be living in an urbanized area.  Internet speeds will also feel like they’re   lightning-fast. However, America’s current  approach to climate issues will lead it on a   slow march toward a full-blown crisis, and those  who can’t adapt to automation and AI may find   themselves being left in the dust. All of which brings us to the   period between 2040 and 2050. On the technological front, you’re   doing less and less for yourself. You’ll find  that with self-driving cars. IDTechEx believes  

that self-driving cars will have already reached  the level where they match or exceed human safety   levels by the end of 2024. From there follows  constant growth and adoption of the technology.   By 2046, there will be enough of these vehicles  to meet the three trillion miles per year mobility   demands of the United States, with self-driving  cars reaching the point where they can handle   the entire world’s transport needs by 2050.  That’ll be good news on the accident front,   too, according to the company – these cars  will record less than one accident per year.  Beyond that, practically everything you own  will connect to the cloud (and the internet)   by 2050. Internet of Things, or IoT, technology  will be built into 95% of electronics products.   And it’s not just your devices that are getting  plugged into the cloud – your own brain might be   able to “plug into” a device to the point where  you’re able to fully immerse yourself in virtual   reality from within your nervous system.  Some, such as futurist Ray Kurzweil, even  

predict that we’ll be able to upload ourselves so  thoroughly to the cloud that AI will be capable   of reincarnating us as digital beings once we  die. That may seem a little “pie in the sky,”   especially as Kurzweil predicts this could be a  possibility by 2050, but it’s worth noting that   86% of the futurist’s predictions have come true. Speaking about getting away from the real world,   space tourism will also be feasible thanks  to the efforts of companies like SpaceX and   Blue Origin. But don’t go ordering your  spacesuit just yet – in 2050, the average   price of a voyage will be around $132 million.  Space will become a rich person’s playground. 

And it’s no wonder that so many people will be  trying to escape to space or virtual reality – the   U.S. will be experiencing a climatological  nightmare by the time 2050 rolls around.  We’ll get the really bad news out of the way  first – large portions of the United States   will be underwater by 2050. In 2020, Climate  Central released an interactive map showcasing   what coastal communities will have to endure as a  result of rising sea levels if the climate crisis   continues unabated. Regular flooding will be seen  in every coastal region, with Atlantic City in   New Jersey and Ocean City in Delaware being  among the hundreds of communities affected. 

It gets worse. By 2050, entire segments of America’s   coastal states will be below the 100-year flood  level, essentially putting them underwater in the   worst-case scenario. We might lose the likes  of Newark Airport, Flushing Meadows, and many   coastal regions. NASA says that average sea level  rises will have reached the one-foot mark by 2050.  Still, it’s not all bad news – 2050  will also mark the year that the U.S.   achieves net zero carbon emissions, even  if it’s potentially too little too late. 

On the population and demographic fronts, the U.S.  will have continued its march toward old age. An   enormous 85.7 million people will be above 65  years old by 2050. Though this still accounts for   22% of the population, the same rate seen between  2030 and 2040, it’s part of an upward trend that   sees the percentage tick up to 23% by 2060. The trend toward net international   migration becoming the leading driver of  population growth also continues. By 2040,   1.1 million of the 1.7 million new people  added to the U.S. will be migrants. By 2050,  

the numbers will be 1.1 million migrants versus a  400,000 natural increase. Speaking of increases,   America’s population growth will have slowed  substantially by 2050. It will plateau at a   rate of 1.5 million people per year between 2040  and 2060 – a sharp decrease on the average of 2.3   million per year seen between 2020 and 2030. Oh, and do you remember that we mentioned that   there’s a chance America’s minorities will  actually become the majority in the country?   That happens in 2045, according to  Census projections, which will have   an obvious impact on American culture. Coming back to the population as a whole,  

we’ll all also be a little…chunkier…than  we had been in the past.  That’s according to a study conducted by  researchers from MIT and Harvard. Using advanced   models that treat obesity like an infectious  disease, the team predicts that the American   obesity rate in adults will be 42% by 2050,  meaning an 8% increase over the rate in 2010.  

Worse yet, this is a best-case scenario based  on data from 2010 – it’s very possible that even   more of America will be fatter. That shouldn’t  come as too much of a surprise given that we’ll   have created a world for ourselves in which  we’ve automated so much of what we used to do.  And that’s a world that many Americans  believe is coming. In December 2018,   Pew Research found that 82% of American adults  believe that computers and robots will either   probably or definitely do the majority of the  work currently done by humans in 2050. Most are  

also worried about this – 76% of people believe  that the gap between the rich and the poor will   increase as a result of this rise in automation  versus 33% who believe the new automated economy   will create new and better-paying jobs for humans. And so, we come to our final question – what will   the world be like for the average person by 2050? There will be a lot of positives. Healthcare will   have advanced incredibly to the point where  doctors can target specific DNA strands to   combat disease. You’ll also leave a much “smarter”  life at home, with lightning-fast internet speeds,   a home that can adapt itself based on your  instructions, and access to virtual reality. Your   entire self may be uploaded to the cloud, creating  the possibility of AI-based reincarnation. 

Whether that’s a good or a bad  thing is up to your interpretation.  But you will be doing less. Your car will be  driving itself, your home will be telling you how   you feel, and as for work… Well, you may not even  have a job. Unless you’ve reskilled to the point   where you can work in some capacity in the growing  AI and automation industries, you may be facing up   to a world where there are very few jobs available  for you. As for what’s happening with the climate,   the less said about that the better. But what do you think? Are you excited   about what 2050 may hold for you and your family  or are you worried about what the future will bring? Tell us all about it in the comments and as always,  thanks for watching, and take care out there!

2024-11-03 01:59

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