Skip to main content

Thoughts

Some thought provoking, and few far fetched long term considerations...

1. Most people will stop buying cars in a decade-and-a-half (prediction that 95 per cent of all US passenger miles travelled will be addressed by fleets, not individuals, by 2030)

2. People will increase renting of assets (over buying these) because they will never be sure of where they would be living a few years hence.

3. The cost of commute will become the 'next telecom' (virtually free, that is).

4. Most cars will be made from recycled steel, as a result of which ore companies will go belly-up.

5. The large steel sector debt will not be able to be returned to banks.

6. Electric cars, with around 18 moving parts compared with 10,000 for the usual petrol-driven variety, would accelerat the death of the automobile components industry.

7. The demise of the auto component industry will affect the global alloys steel sector (including ore and ferro alloys)

8. Oil behemoths will not be able to repay their loans if oil consumption declined (elimination unlikely)

9. Electric vehicles will come with unlimited warranty. Which means that after you once buy a vehicle, you would not need to buy another, ever.

10. Oil-based economies (Saudi Arabia, Iran, Iraq, Russia, Nigeria etc) will go into a crisis.

11. Some of the funding coming out of these countries (read what you will into this) will disappear and the world will become a more peaceful place.

12. Cash-rich automotive lubricant companies will discover there is nothing to really lubricate.

13. 3D printing will even out the wage arbitrage between developed and developing nations.

14. Robotisation (or artificial intelligence) will clean out jobs (as it has in the banking sector, where business has grown disproportionately faster than recruitment)

15. A number of skills will become obsolete (micro surgical, for instance) because a robot will do it better.

16. Renewable energy will kickstart a long-term coal decline.

17. Large coal behemoths employing thousands will file for bankruptcy (already happening).

18. Banks will become a concept rather than a place, banks will become more about systems than people.

19. The world will move towards deflation arising out of an abundance of money and relatively limited spending.

20. The new retirement age will become 50 years (average)

Sent from my iPhone

Comments

Popular posts from this blog

One of the great messages i saw recently

I woke up today , having dreamt early morning at 4 AM . I was in the biggest DLF Mall of  India looking to buy a pair of socks and a neck tie .
As I walked in, I noticed a sweater with a price tag of RS 9000 .Next to the sweater were a pair of Jeans for Rs.10000 .The socks were Rs.8000 ! And Tie for astonishing 16,000 /- I went looking for a salesperson and found one in the watch Dept  He was showing a man a Rs. 225/- Rolex watch . I looked in the glass case and there was a 4 carat diamond ring also on sales for Rs.95/- Shocked I asked the salesperson "How could a Rolex watch sell for Rs.225/- ? ,and a cheap pair of socks sell for Rs. 8000/-"? He said "Someone slid into the store last night and changed the price tag on everything ". "Everyone is confused , people are acting like they have lost their sense of value". "They are willing to pay lots of money for things of little value ,and very little money for things of great value " "Its like they …

The new age crisis

I don't know who I should credit or discredit, but last couple of years have been incredible for India and it's people and it is not in a good way. Disappointed to note that the politics has completely taken over us and the ideological differences have reached our houses and personal devices. We are not only fighting amongst us on difference of opinion, but also ensuring that the dissent against a majoritarian view is killed to its core, to the extent that the voice is never raised against any impending thoughts or disagreements we may have. 
I am deeply saddened by the fact that most of us now are actually made to believe that the opinion shared by a larger section of society is deemed right since it has the weight of a the population around, and in case you have reservations to even contest that, you are probably branded as a threat. 
I may have had little problems with CAA or NRC if it wasn't done for the political incentives and the treatment of the people not sharing th…