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Archive for December, 2006

Top Themes of 2006 – Cost of Living

Thursday, 28 December 2006 11:01 Written by Eric Garland 1 Comment

I’m thinking back on the fascinating year that was 2006, and how much of it is leading toward renewed interest in the future. It seems to me that this was the year when people got over the slump of 2001 and 2002, and recognized that even if the future isn’t rosy, we still have to face it. In short, it’s a fantastic time to be a futurist.

So for the next few posts, I will cover the major trends that are getting ready to shape the world.


This first one is really a message from my generation (Gen X) to our elders
. I have just have one thing to say:

It is not sustainable for housing prices, education, and healthcare costs to outpace wages for decades on end. The result is eating your young.


What do I mean by this? 



It is not reasonable for young people to take on tens or hundreds of thousands of dollars in debt in college, only to face astronomical rents in the economic centers, the prospect of an additional $50,000 of graduate school debt, double digit increases in healthcare premiums, and then the idea of a FIRST home that costs $400,000.

Yes, yes, there is the tired wheel of "you’re all just starting out," or worse yet, "you and your iPods…you want everything."  For young people, the current cost structure of living seems like a completely unwinnable game. In the end,  wages have not risen along with the cost of living.

For those of you nearing retirement, you may be thinking, but my house appreciated in value – it’s a strong economy! Just bear in mind that with the Baby Boomer retirement, healthcare costs are expected to double to nearly $4 trillion a year. In other words, the structural cost of society is expected to bear further down on my generation just as we come into the (ostensibly) highest earning years of our life.

There are some games that are not designed to be won. In 2006, I think the most prominent topic of discussion was real estate prices for Gen X. I would have preferred discussing biotechnology, or the future of jazz, or politics, but instead it seems my generation focused on "Can you believe how much they want for a one bedroom apartment on the East Coast???" or "I hear if you move to North Dakota, you can get a beautiful four bedroom place for $800 a month…how are the winters there?"

Remember, the generation that fought World War II and sent men to the moon did so very often with only one parent working per family. Not only that, they raised many more children on average. In the intervening years, we’ve made the two-income family practically mandatory, increased the number of degrees you need for top jobs, maxxed out our credit cards, and moved two hours into the suburbs to make housing dollars go further.

This cannot continue in definitely. There are limits, both in terms of microeconomics and macroeconomics. And Generation X are the ones who perceive a markedly different future.

This topic will develop considerably in 2007.

-Garland

Spring flowers blooming…in the ALPS.

Wednesday, 20 December 2006 08:38 Written by Eric Garland 1 Comment

As a futurist, I don’t like doomsday scenarios. In the words of my colleague Joe Tankersley, a futurist and writer for Disney, it’s more effective to motivate people with positive visions. But…

Well, the Alps have got no ice in traditionally-frozen lakes and trees are flowering, and…sigh…a lot of disturbing stuff. From the Washington Post:

"Preliminary data from the Met Office, Britain’s national weather service, and the University of East Anglia indicate that 2006 has been the warmest year in Britain since record-keeping concerning weather conditions began in central England in 1659.

Trees are sprouting leaves in Switzerland. And low-altitude ski resorts across the Alps look more like springtime meadows. "We are currently experiencing the warmest period in the Alpine region in 1,300 years," Reinhard Boehm, a climatologist at Austria’s Central Institute for Meteorology and Geodynamics, told the Associated Press in Vienna."

A note to climate skeptics as well. I’d like to say from the futures community — we have absolutely no axe to grind here. I really hope this is all a blip on the radar and was nothing to worry about. I hope that human industry has nothing to do with this, because I think the changes that need to come may be quite difficult to manage.

BUT — there are tremendous opportunities for new products and services that improve energy efficiency, reduce emissions and pollution, and increase profit for companies…and that last part is the cool bit.

-Garland

 

Wildcard Diabetes Cure – The Fallout

Tuesday, 19 December 2006 08:21 Written by Eric Garland 0 Comments

Note to diabetics. The news from the other day does not mean the disease is almost cured!

A couple days ago, a Canadian team reported that they have discovered – in mice – a correlation between central nervous system malfunction and Type 1 diabetes. This is a breakthrough, since ONE DAY, as in not today, they may find a way to translate this discover into a treatment, possibly even a cure for some patients, but WE’RE NOT SURE. And moreover, this is Type 1 genetically-inherited diabetes, not the Adult Onset variety that is plaguing the world.

Of course, this still hit the global airwaves as "Hey guys, we’re almost to a cure for diabetes! It’s KrispyKreme donuts for everyone!"

It took only a couple days, but the unintended consequences are already upon us.

My wife is a physician who specializes in internal medicine at the Veterans’ Administration hospital in Washington DC. As recently as yesterday she had diabetic vets coming in to announce, "I stopped taking my medicine…I heard on CNN you guys have got a cure, so why don’t you give me that instead!"

Science literacy is important.

-

Garland


White Christmas???

Monday, 18 December 2006 09:24 Written by Eric Garland 0 Comments

Look, be as skeptical as you want about global warming…

But it shouldn’t be 65 degrees in Washington DC when I shop for a Christmas tree.

That is all.

-Garland

Labels: Climate change

WILDCARD! A cure for diabetes???

Sunday, 17 December 2006 10:32 Written by Eric Garland 0 Comments

MAN – quite a bit going on just as December comes to a close!

Diabetes is an epidemic, especially in the United States, but increasingly all over the world. The cost of treatment is to be measured in the billions in the coming years. It complicates other diseases. You can go blind. They sometimes cut your feet off. It’s bad. And there is little hope for a cure.

Or is there? In the “Wildcard Event” department, a Canadian team of researchers is claiming to have shut off Type 1 Diabetes in mice.

The team found that abnormal nerve endings in the insulin-producing cells of the pancreas initiated a chain of events that caused Type 1 diabetes in mice. When they removed the nerve cells, the mice did not develop the disorder.That means diabetes may be a disease of the nervous system, not just an autoimmune disease.

It will probably be a while before this becomes a miracle cure for one of the most complex diseases in all of medicine…but it would be an incredible triumph if they can! Right up there with curing the common cold.

-Garland

Labels: Healthcare

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This is the official trend blog of Competitive Futures, a management consultancy that provides trend research and analysis for business and government around the world. Here, we update you on interesting trends we see as part of our work for our clients.


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