#[2]

Reply to this note

Please Login to reply.

Discussion

It's overall a very optimistic report, most of it seems feasible, but the timeline could easily postponed by 5~10 years imo. Some points I find enlightening in this it:

- "Reusable Rockets Deliver Satellite Power To Traditional Smartphones"

satellite communication Price per minute/text is comparable to terrestrial celluar

- "Cryptocurrency Mining Can Support Larger Solar-Battery Installations"

which is already true. Other sustainable methods like utilizing volcano, or the previously disposed natural gas(also stated in the Bitcoin session of the report).

-"AI Training Costs Continue To Plummet"

They predicted the cost to train GPT-3 level performance will plumet from the current $450,000 to $30 in 2030, without providing any detail analysis. Feels more like a easy logistic regression fit to the current data. My take is may be it's possible if there's hardware innovation + reusing most of the models we have.

-"Based On The Introduction Of Property Rights, Digital Assets Should Accrue Significant Value"

It measure this by Property Rights vs. GDP per Capita, meaning digital property ownership will increase significantly. They forecast NFT transaction will grow from $22 billion to $120 billion by 2027. If they meant NFT, as NFT for the digital ownership of digital commercial products, not only art, then it's very likely.

-"Digital Wallets Create Closed-Loop Ecosystems For Consumers and Merchants"

Obviously, but it's better to have multiple digital wallets to compete for different sectors of customers and merchants.

-"Closed-Loop Transactions Could Account For More Than 50% Of Digital Wallet Payments By 2030" It's mainly about the closed transaction ecosystem in China. In too many ways this is not a good idea.

-"Smart Contract Networks Could Facilitate $450 Billion In Annual Fees By 2030"

If the scale up process is successfully in next 5 years, then this ~40x increase is totally feasible. They also predict the tokenized assets will be around 5% of total financial assets, but I think that may take much longer.

-"Gene Editing Is Close To Commercialization" "RNA-Based Therapeutics Are Gaining Traction" "Targeted Protein Degraders (TPD) Could Treat Many Diseases"

Based + doable + much needed

-"The Molecular Cancer Testing Market Segments By “Tumor Burden”", " Diagnostics + Therapeutics Should Reduce Cancer Mortality"

Sounds good, need more actual implementations

-EV and Autonomous Driving tech seems over optimistic

#Future #Prediction #AI #Crypto #BTC #Robotics #Finance #Medical #Health