High impact areas in 5ish years?
Which business units do you believe will be high impact / important in 5 years~? TC 125k small Midwest city
Mind control tech
Fb secret leaked
👽
Atleast for Uber/Lyft: If they come up with self driving cars, they reduce driver costs and rise higher than ever. Else, they fall to a bottomless pit. They are on the fence.
Not specific areas, but I think we are seeing an economic shift in the viability of niche products, services, and content. ML is getting stupid good at connecting people to shit they will like/find useful + leading ppl into these sort of online cults that do/buy shit the leader recommends. We're seeing the rise of China, India, and the rest of the world population coming online as a whole, global wealth inequality leveling out. In 5 years you'll probably be able to make just about anything and have F/G/Joe Rogan/ect... hand you a user base, make the money back, then hire experts in that niche to improve the product --rinse and repeat. Of course regulation, policy, ect.. could throw a big wrench into things.
Biotech, driven by CRISPR. People do not grasp the immensity of CRISPR yet. It is a whacky story in the news from time to time for most . Recently I heard an interview. A scientist at some firm that sells made to order DNA for industry and experimentalists was talking about security and how there needs to be some regulation structure so companies do not sell components that might be used to make , say, a modified horsepox that is human infectious. Anyway, he said how seven years ago, in grad school, his entire group made six synthetic genes over 6 years. Now he is at a small place that produces 10,000 a month. That is a factor of 10^5 increase in speed in being able to make synthetic organisms to test what different genes do, or produce some useful medical compound , or make some new meta material for fabricating things. Moore’s law is being left eating dust. We are only just starting to see the impact of CRISPR. It is going to change things we can’t even imagine the same way computers and the internet did in 90s and early 2000s... only faster. Get into biotech. If you are a software person, get into building the information tools the biotech people need... but expect to be treated the same way hardware folks are treated at Google and Facebook. You will do well, but will be a bit of an afterthought/2nd tier in the pecking order. AI has some growth in it. It will put a lot of lawyers and accountants out of business for sure, though that will take a decade or two. Maybe CRISPR was a single leap that will not continue increasing in speed like computers , but a factor of 10^5? The speed of genetic engineering and understanding and manipulating the most complex nanomachines on earth increased 34 years worth of Moore’s law over the past 7.
I know many people who believed exactly the same, so much so that they did their PhDs in genomics, systems biology, or biostatistics. And then worked in the industry for a couple years, only to be frustrated by the slow pace of TC growth compared to their FAAG friends. And then they joined FAAG, and now work in my team in a domain totally unrelated to genomics. Sure genetic engineering will take over the world, in a 50-year timeframe. But in a 5-year timeframe, FAAG gives your career a faster growth.
FAANG is far more mature. Joining a CRISPR oriented company now is like joining Amazon in 1994 instead of say, IBM. Maybe maximize TC and immediately rotate all your RSUs into CRISPR related ETFs.
AR / Short wave wireless networks for iot / b2b tools for server less computing / ??
Definitely not Machine Learning
It’ll turn into Machine Graduated and eventually turn into Machine Working after it passes 2 LC mediums in under 45 mins of course.