FX.co ★ Top 10 important forecasts for 2020

Climate crisis

In the 21st century, the climate crisis is sure to pose a great threat as it will profoundly affect our life and well-being. Naturally, such a problem will not be resolved overnight. It is causing havoc already. Thus, humanity will have to make an effort to cope with it. Governments of some countries will have to seek additional funds to deal with negative environmental impacts. Experts think that many countries will introduce a tax on harmful emissions. In the areas that will be unaffected by the climate changes, the real estate prices will soar up. AVC experts suppose that people will maximize the use of nuclear energy by building up nuclear reactors that are safe to manage. The number of solar panel installations is expected to increase around the world.

Rise of cryptocurrencies

Analysts envisage a surge in demand for cryptocurrency in 2020 and in the years to come. Countries will launch their own digital currencies to compete with other countries. Notably, China is likely to take the lead in this race as the country will benefit the most from this trend. As for the US, the country will lose a lot of time while trying to overcome regulatory restrictions. This may greatly slow down the crypto integration in the country. That is why, other countries, especially the Asian ones, will take advantage of the delay. Unlike Europe and the United States, China and other Asian countries do not impose restrictions on the circulation of cryptocurrencies. Experts are sure that this trend will persist in the future.

Decentralized Internet

After the rise of digital assets, the decentralization of the global network will be just a matter of time. Analysts at AVC believe that in the near future, a decentralized Internet with independent infrastructure services such as big cloud storage, quick throughput and calculations will appear. According to AVC forecasts, the development and implementation of decentralized apps may take a long time.

Production automation

Production automation is not a new trend. It has been developing for many years However, in 2020, the automatic production will take a step ahead. It will be implemented in new services and areas which will significantly boost their efficiency and productivity. In 2020, experts do not rule out the competition for access to such automotive systems around the world. As a result, new leaders will come to the market who will distribute the world's wealth and earn big profits.

China’s leadership in market

In 2020, China has all the chances to become the new leader of the global market, leaving the United States behind. Analysts at AVC believe that the country will become the world's superpower. Plus, China will able to conflate technological progress and modern life. However, the US will not give up so easily. The country has always had an ace in the hole. Therefore, the competition between the two countries for leadership is inevitable. However, the US will mainly focus on domestic policy and development, maintaining the policy of isolationism.

Significant changes in nutrition

AVC experts reckon that by the end of this decade, our eating habits will change. For instance, our diet will largely be vegetable-based food. There will be many substitutes for meat, dairy, and vegetable products. Some experts make far bolder predictions. They assume that meat and fish will become delicacies. What is more, in the nearest future, the lion's share of food will be produced in laboratories.

Commercialization of space

In 2020 and the following years, space exploration will be commercialized. It means that space investigation will be implemented mostly by private companies whereas the role of the countries’ authorities will become secondary. They are likely to completely stop investing in space. At first, there will be a spike of investment in space exploration but then this trend will ease. The main reason is that investors will no be able to gain quickly sufficient revenue from space exploration and pay off the prime costs.

Total surveillance over private life

One of the main drawbacks of the future will be total surveillance by governments and corporations. Experts warn that people will face pervasive control over their private life. With the help of apps and different services, the government will easily collect the necessary data. Thus, little by little, the government will impose total control on many spheres of life. However, experts note, there will be special gadgets designed to protect people against an unwanted intrusion. That is why people will focus on the development of high technologies capable of protecting their private life.

New generations to come

According to experts at AVC, in 2020 and next years, the baby boomer generation will be replaced not only by millennials but also by generation Z. The new generation will determine the overall political picture by the end of this decade. Experts believe that when hiring employees, the heads of large companies will pay less attention to age and experience, and more to creativity, creative thinking, their ability to take risks and not be afraid of responsibility.

Great discoverers in genetics

In the near future, genetics will have a great impact on the healthcare industry. Advances in this area will help to find a cure for a number of heavy diseases. Scientists will make groundbreaking discoveries on cancer treatment and will be able to combat this disease. The fertility issue and childbirth rate will also be of great importance. Therefore, the scientists of the current decade will seek a balance between positive changes and negative consequences in the field of genetics.