The Roaring 2020s: A Decade of Unprecedented Innovation, Revolution, and Disruptions?
Are we on the cusp of another roaring 20s? Is it the beginning of a global economic boom now that the pandemic is over? Or are we staring at another “once-in-a-lifetime” recession in just two decades? We’ll explore these questions against the broader context of technology and global economic changes.
The human brain is wired to seek patterns in information that come its way. This pattern-seeking tendency allows CEOs to identify emerging business trends and the average Joe to see conspiracy theories where none exist. In other words, sometimes, patterns are real, and some other times, they aren’t. With that in context, entrepreneurs, business leaders, and economists alike are drawing strong parallels between the 1920s and the 2020s.
A century ago, a global pandemic that killed 5% of the world’s population was dwindling; industrial economies were experiencing exuberant activity; new tech like radio was being hijacked into mass social manipulation tool for selling products and services. Fast forward 100 years, and it appears that the same script is being played out today.
Here’s how the macroeconomic forces, socio-political developments, and technological advances are changing the world today.
