Every 11 seconds, a baby boomer turns 60. This Internet-savvy cohort represents an enormous market of time and money, driving new opportunities in "mental exercise," online education, and eventually, an "eBay for information" that exceeds the market for physical goods.
Past Top 10 Predictions that came true:
November 2001: Mobile Devices
- The price of electronic components and the cost of designing electronic devices go down as design tools become easier to use and make programmers and designers more productive.
January 2006: John Doerr Sees Green
- Per Tom Friedman, green is the new red, white and blue. Investments in and for our environment will create innovation and broad benefits across the globe.
March 2007: Going Green
- Going green could be the largest economic opportunity and imperative of the 21st century.
November 2004: Internet
- Ten years after the first web browser we're witnessing incredible innovation and systemic rethinking/ reinvention in important web services, e.g. Google/search, commerce, personalization, even browsers. Has the internet been under-hyped?
From: John Doerr
January 2006: Technology Tackles Time
- The most compelling technology-based business opportunities will either help individuals get more time or make better use of the time they have.
From: Roger McNamee
November 1998: Software
- The conventional software model is kaput. As early as 1999, instead of buying software, you'll subscribe to software, and it will be maintained elsewhere.
- Ceding innovation, the US is on a path to be a third-world follower. The US continues to forfeit its ability to lead in innovation due to criminal neglect of our educational system.
From: John Doerr
November 1998: Ecommerce
- In 1999, E-commerce finally comes of age - mainly in the business-to-business space, to some degree to the consumer space. Large companies that are not the net start-ups will be forced to embrace an e-commerce strategy.
- The web gets personal. The future of commerce lies in customer service.
January 2006: Wireless
- Wires disappear everywhere from home electronics to all things digital -except for power. Power lines in the home become the new home network.
From: Joe Schoendorf
November 1999: Venture Capital
- Venture capitalists used to own private equity. Now they compete with angels, corporate investors, investments bankers, and others. This has forced the smarter VCs to emphasize services above mere cash.
November 2000: Energy
- Fuel cells reduce our reliance on oil and allow businesses and homeowners to produce electricity independently.
November 2004: Tech and Healthcare
- The personal electronic health record will be a big deal, and a lot of business will coalesce around it. It will foment new apps for data-sharing and protection, domain-specific health-oriented search and the like.
From: Esther Dyson