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2024 01 Visual Capitalist Global Forecast Report 1705752631
2024 01 Visual Capitalist Global Forecast Report 1705752631
Geopolitical Uncertainty
Economic Concerns
AI
75%
Reskill
AMD
Hiring Freeze
Marketplaces
25%
3D Printing War Interest
Cost
Optimization Rates
Budget
Digital Twin ARM Data
Centers Uncertainty
Industrial
Automation Intel AWS Union Election
AI Infrastructure Reshoring
0%
Inflation
Edge Computing AI
Layoff 5G Supply Chain
Cloud
IoT Shortage Sustainability
Nvidia Emission Covid
GPU Recession
CPU Generative AI
-25%
AI Models
Large Language
Model
Small and Fading ChatGPT Big and Fading
in Importance in Importance
Metaverse -50%
0% 1% Keyword Importance 10% 100%
(Logarithmic scale)
Economics ....................................... 3
Markets ......................................... 20
Geopolitics ................................... 31
Technology ................................... 40
6th: Coronation
end of COVID-19
of King Charles III.
global emergency.
ST STR
IKE! recorded month for
announces strike. global average surface
air temperature.
1
Prediction Consensus Dots = Predictions
Economy
The S&P 500 Robotic There will be an Heightened Bonds are back!
makes new workers loom AI deepfake global migration (for real this
all-time highs over labor election scandal flows time)
Sources: The Global Forecast Series predictions database which includes 700+ predictions from Deloitte, Goldman Sachs, Atlantic Council, IHS
Markit, Reuters, IMF, Forrester, Zillow, USDA, State of AI Report, Hubspot, EIU, Bloomberg, Economist, Fitch Solutions, Wells Fargo, Linkedin,
Fortune, CNBC, Forbes, Vox, Barrons, UBS, Vanguard, Mastercard, Morgan Stanley, NiemanLab, Knight Frank, Udemy, All-In Podcast, Oliver Wyman,
C|Net, SearchBlog, WSJ, Exponential View, TrendOne, TrendHunter, No Mercy / No Malice, Colliers, CBRE, Cushman & Wakefield, Wood Mackenzie,
Kiplinger, The Verge, Gartner, Nasdaq, Saxo Group, Eurasia Group, RANE, Instagram, Kantar, McKinsey, PwC, Coinbase, MIT Tech Review, Center
for Strategic and International Studies, WIRED, TechCrunch, BlackRock, Schwab, ING, and many more… 2
1 Economics
- UBS
3
Biggest Risks History shows us that the
biggest risks in a typical year aren't
usually from out of left field. Rather,
they are often hiding in plain sight.
Likelihood & Impact
- Charles Schwab
of Economic Risks in 2024
High
Investor fear
over sovereign
debt levels
Japan exits
yield curve
control Chinese property
market crash
Impact
Sudden geopolitical
fracturing from
Natural gas and elections or conflicts
energy price spike
Corporate
capex shrinks
Low High
Likelihood
Other Advanced
Economies
While The World Bank forecasts
0.3% China
0.8%
2.4% global growth, the OECD,
S&P Global, and the IMF forecast
2.7%, 2.8%, and 2.9% respectively.
U.S.
0.2%
-2.8%
Argentina 0.7%
Argentina Forecast
Annual real GDP growth
Argentina’s newly
2.8% IMF elected president Javier
Milei has left forecasters
Average mixed on the country’s
S&P Global -2.5%
0.7% growth prospects.
5%
2024 Median Forecast 4.6%
4%
3%
2%
1%
The Fed's “dot plot” shows the expected path
of interest rates as predicted by Federal Reserve
Board members and Reserve Bank presidents.
93% 32% 7%
7% 64% 39% 7% 1% 2%
5%
5% 51% 39% 12% 14% 1%
3% 3% 41% 30%
4%
22% 37%
1% 18%
1%
by Institutions
in June with 100 basis points
of cuts by the end of 2024.
Nomura
5 Number of
institutions HSBC
UBS Barclays 2
Bank of America 1 Morgan Stanley Oxford Economics
We expect the Fed to start Our view is for the first rate
cutting policy rates in July in cut in June from the Fed and
response to a contraction in the ECB. BOE may become the
economic activity. first of the three to cut rates.
- Citi - Jefferies
75 HSBC Barclays 2
100 Morgan Stanley Bank of America Citi Nomura 4
125 Goldman Sachs J.P. Morgan Evercore ISI 3
175 MUFG Deutsche Bank 2
200 TD Securities 1 We think the most
probable risks are for
225 Wells Fargo Jefferies 2 more (rather than less)
interest rate cuts.
275 UBS 1 – UBS
Sources: Goldman Sachs, Wells Fargo, J.P. Morgan, Morgan Stanley, UBS, Bank of America, Barclays,
Citi, Deutsche Bank, Evercore ISI, HSBC, Jefferies, MUFG, Nomura, Oxford Economics, TD Securities 8
Looking Back at Past
Rate Cut Cycles
Past interest rate easing cycles indicate
that once the Fed starts cutting, deep
cuts can come swiftly.
-4%
-5.5%
-5.1% 2000–2003
-5.8% -5.9%
-6% 2007–2008
1984–1986 1969–1972
-6.9%
1989–1992
-8%
-8.3%
1974–1977
-10%
-10.5%
1981–1983
-12%
0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44
Months after first rate cut
8.1%
8% 7.8%
Current
6.9%
6.3% 6.3%
6%
2024 5.4%
Forecast
4.7%
4.3%
4% 3.9%
3.7% 3.7%
3.1% 3.1% 3.2% 3.1% 3.1%
2.7% 2.8%
2.4% 2.3%
2.2% 2.1% 2.2% 2.2%
2%
0.7%
Forecast
S&P 500 U.S. 10-year yield
5,300 4%
60%
Soft-ish landing
Strong growth, falling inflation,
and lower interest rate
expectations bring lower yields.
The lack of a severe recession
enables earnings growth.
Forecast
S&P 500 U.S. 10-year yield
5,000 3.5%
Base Case
20%
Hard landing
Sharp fall in growth, possibly
due to prior rate hikes, and a
moderate to severe recession.
Lower earnings expectations
feed equity declines. Bonds fare
well as interest rate expectations
fall and investors seek safety.
Forecast
S&P 500 U.S. 10-year yield
3,700 2.5%
Downside
Source: UBS 11
N. America
Canada
2023
47.7
Change Q4 2024F
3.8 51.5
Global
Mexico
U.S.
52.5
48.2
-1.5
4.8
51
53 Manufacturing
S. America Forecasts
Brazil 49.4 3.6 53
Colombia 49.4 2.6 52
Asia
China 50.7 2.3 53
Manufacturing locations
Hong Kong 50.1 3.9 54 across members of the
India 56 -2 54 Association of Southeast Asian
Indonesia 51.7 1.3 53 Nations (ASEAN) and India
Japan 47.7 4.8 52.5
Kazakhstan 48.0 4.5 52.5
offer lower labor costs
Malaysia 47.9 2.1 50 compared with mainland China.
Myanmar 48.1 3.9 52 Stronger demand for labor —
Philippines 52.7 -1.2 51.5 as firms deploy a "China plus
Russia 53.8 -4.8 49
Singapore 50.3 1.7 52
one" strategy — is fueling solid
S. Korea 50 2 52 wage growth in the region,
Taiwan 48.3 1.7 50 putting this competitive edge
Thailand 47.6 5.4 53 at risk.
Türkiye 47.2 4.6 51.8
Vietnam 47.3 3.3 50.6
As the production of
Oceania increasingly more technical
Australia 47.8 6.2 54 products is brought to the
New Zealand 42.5 7.5 50 region, the pressure on the
limited supply of skilled labor
Africa will be a growing upside risk to
Egypt 48.4 1.3 49.7 wage growth.
Kenya 45.8 6.2 52 - S&P Global
Nigeria 42.8 8.4 51.2
S. Africa 48.2 2.8 51
Sri Lanka 49.5 2.5 52
2023 figures indicate latest available data, either November or December readings and August reading for Nigeria
Source: TradingEconomics 12
Confidence in the Will the global economy
Global Economy
be stronger in 2024 than
it was in 2023?
Weaker Stronger
Global average 50% 50%
N. America
Mexico 38% 62%
U.S. 55% 45%
Canada 61% 39%
S. America
Brazil 40% 60%
Colombia 46% 54%
Chile 49% 51%
Peru 49% 51%
Argentina 49% 51%
Europe
Poland 44% 56%
Hungary 54% 46%
Romania 55% 45%
Spain 56% 44%
Netherlands 56% 44%
Great Britain 57% 43%
Switzerland 57% 43%
Italy 60% 40%
Germany 60% 40%
Sweden 66% 34%
France 67% 33%
Portugal 67% 33%
Asia
India 15% 85%
Indonesia 18% 82%
China 18% 82%
Philippines 26% 74%
Thailand 32% 68%
Malaysia 38% 62%
Singapore 41% 59%
Türkiye 57% 43%
S. Korea 67% 33%
Japan 70% 30%
Oceania
New Zealand 44% 56%
Australia 52% 48%
Africa
S. Africa 51% 49%
Base: 25,292 adults aged 18 years and older in India, 18-74 in Canada, Malaysia, New Zealand, South Africa, Türkiye, and the U.S.,
20-74 in Thailand, 21-74 in Indonesia and Singapore, and 16-74 in all other countries. Friday, October 20 – Friday November 3, 2023
Source: IPSOS 13
An Economic
Bird’s Eye View
The IMF’s 2024 forecasts for real GDP
growth, inflation, and unemployment
around the world.
Source: IMF 14
2024 IMF Forecasts
Europe Real GDP Inflation Unemployment
Albania 3.3% 4.8% 11.0%
Andorra 1.5% 5.2% 1.9%
Austria 0.8% 7.8% 5.1%
Belarus 1.3% 4.7% 4.0%
Belgium 0.9% 2.5% 5.7%
Bosnia & Herzegovina 3.0% 5.5% 15.3%
Bulgaria 3.2% 8.5% 4.6%
Croatia 2.6% 8.6% 6.3%
Czech Rep. 2.3% 10.9% 2.8%
Denmark 1.4% 4.1% 5.0%
Estonia 2.4% 10.0% 6.7%
Finland 1.0% 4.5% 7.3%
France 1.3% 5.6% 7.4%
Germany 0.9% 6.3% 3.3%
Greece 2.0% 4.1% 10.8%
Hungary 3.1% 17.7% 3.9%
Iceland 1.7% 8.6% 3.4%
Ireland 3.3% 5.2% 4.1%
Italy 0.7% 6.0% 7.9%
Kosovo 4.0% 4.7% --
Latvia 2.6% 9.9% 6.7%
Lithuania 2.7% 9.3% 6.5%
Luxembourg 1.5% 3.2% 5.2%
Malta 3.3% 5.8% 3.1%
Moldova 4.3% 13.3% 4.9%
Montenegro 3.7% 8.3% --
Netherlands 1.1% 4.0% 3.7%
North Macedonia 3.2% 10.0% 14.3%
Norway 1.5% 5.8% 3.6%
Poland 2.3% 12.0% 2.8%
Portugal 1.5% 5.3% 6.6%
Romania 3.8% 10.7% 5.6%
San Marino 1.3% 5.9% 4.0%
Serbia 3.0% 12.4% 9.1%
Slovakia 2.5% 10.9% 6.1%
Slovenia 2.2% 7.4% 3.6%
Spain 1.7% 3.5% 11.8%
Sweden 0.6% 6.9% 7.5%
Switzerland 1.8% 2.2% 2.1%
Ukraine 3.2% 17.7% 19.4%
UK 0.6% 7.7% 4.2%
Source: IMF 15
2024 IMF Forecasts
Africa Real GDP Inflation Unemployment
Algeria 3.1% 9.0% --
Angola 3.3% 13.1% --
Benin 6.3% 5.0% --
Burundi 6.0% 20.1% --
Botswana 4.1% 5.9% --
Burkina Faso 6.4% 1.4% --
Cabo Verde 4.5% 5.2% 8.5%
Cameroon 4.2% 7.2% --
Central African Rep. 2.5% 6.5% 0.0%
Chad 3.7% 7.0% 0.0%
Comoros 3.5% 11.1% --
Rep. of Congo 4.4% 3.5% --
Côte d'Ivoire 6.6% 4.3% --
Democratic Rep. of Congo 4.7% 19.1% --
Djibouti 6.0% 1.2% --
Egypt 3.6% 23.5% 7.1%
Equatorial Guinea -5.5% 2.4% --
Eswatini 3.3% 5.5% --
Ethiopia 6.2% 29.1% --
Gabon 2.6% 3.8% --
The Gambia 6.2% 17.0% --
Ghana 2.7% 42.2% --
Guinea 5.6% 8.3% --
Guinea-Bissau 5.0% 7.0% --
Kenya 5.3% 7.7% --
Lesotho 2.3% 6.9% --
Liberia 5.3% 10.6% --
Libya 7.5% 3.4% --
Madagascar 4.8% 10.5% --
Malawi 3.3% 27.7% --
Mali 4.8% 5.0% --
Mauritania 5.3% 7.5% --
Mauritius 3.8% 7.8% 7.4%
Morocco 3.6% 6.3% 12.0%
Mozambique 5.0% 7.4% --
Namibia 2.7% 6.0% --
Niger 11.1% 4.6% --
Nigeria 3.1% 25.1% --
Rwanda 7.0% 14.5% --
Senegal 8.8% 6.1% --
Seychelles 3.9% -0.8% 3.0%
Sierra Leone 4.7% 42.9% --
Somalia 3.7% 5.7% --
S. Africa 1.8% 5.8% 32.8%
S. Sudan 4.2% 16.3% --
Sudan 0.3% 256.2% 46.0%
São Tomé & Príncipe 2.4% 20.8% --
Tanzania 6.1% 4.0% --
Togo 5.3% 5.0% --
Tunisia 1.9% 9.4% --
Uganda 5.7% 5.8% --
Zambia 4.3% 10.6% --
Zimbabwe 3.6% 314.5% --
Source: IMF 16
2024 IMF Forecasts
Asia Real GDP Inflation Unemployment
Armenia 5.0% 3.5% 13.5%
Azerbaijan 2.5% 10.3% 5.9%
Bangladesh 6.0% 9.0% --
Bhutan 3.0% 5.2% --
Brunei 3.5% 1.7% 4.9%
Cambodia 6.1% 2.0% --
China 4.2% 0.7% 5.3%
Georgia 4.8% 2.4% 18.4%
Hong Kong 2.9% 2.2% 3.2%
India 6.3% 5.5% --
Indonesia 5.0% 3.6% 5.3%
Japan 1.0% 3.2% 2.5%
Kazakhstan 4.2% 15.0% 4.8%
Kyrgyzstan 4.3% 11.7% 9.0%
Laos 4.0% 28.1% --
Macao 27.2% 0.9% 2.7%
Malaysia 4.3% 2.9% 3.6%
Maldives 5.0% 3.5% --
Mongolia 4.5% 12.3% 6.6%
Myanmar 2.6% 14.2% --
Nepal 5.0% 7.8% --
Pakistan 2.5% 29.5% 8.5%
Philippines 5.9% 5.8% 4.7%
Russia 1.1% 5.3% 3.3%
Singapore 2.1% 5.5% 1.8%
S. Korea 2.2% 3.4% 2.7%
Taiwan 3.0% 2.1% 3.7%
Tajikistan 5.0% 4.6% --
Thailand 3.2% 1.5% 1.2%
Timor-Leste 3.1% 6.0% --
Türkiye 3.0% 51.2% 9.9%
Turkmenistan 2.1% 5.9% --
Uzbekistan 5.5% 10.2% 8.4%
Vietnam 5.8% 3.4% 2.1%
Source: IMF 17
Real GDP
Low High
Russia
Canada
1.6% 1.1%
U.S.
China
1.5% 4.2%
Guyana
26.6% Indonesia
Mexico
5.0%
2.1%
India
Brazil
6.3%
1.5%
Australia
1.2%
Inflation
Low High
Russia
Canada
3.6% 5.3%
India
Brazil
5.5%
4.7%
Australia
5.8%
Argentina
121.7%
Unemployment
Low High
Russia
Canada
5.5% Spain Ukraine 3.3%
11.8% 19.4%
U.S.
China
3.6% 5.3%
Sudan 46%
Brazil
8.3%
Australia
3.7%
S. Africa
32.8%
Source: IMF 18
Economic Predictions
I’ve always felt there was a possibility
that the economy could cool off in a way
that enabled inflation to come down
without the large job losses that have
often been associated with high inflation
and tightening cycles.
- Jerome Powell
Audience Poll
Will China or India see greater
real GDP growth in 2024?
19
2 Markets
For the past two years, the outlook was
gloomier for stocks in the U.S. than anywhere
else in the world.
- Morgan Stanley
20
What CEOs are Talking
Geopolitical Uncertainty
Economic Concerns
AI
75%
Reskill
AMD
Hiring Freeze
Marketplaces
25%
3D Printing War Interest
Cost
Optimization Rates
Budget
Digital Twin ARM Data
Centers Uncertainty
Industrial
Automation Intel AWS Union Election
AI Infrastructure Reshoring
0%
Inflation
Edge Computing AI
Layoff 5G Supply Chain
Cloud
IoT Shortage Sustainability
Nvidia Emission Covid
GPU Recession
CPU Generative AI
-25%
AI Models
Large Language
Model
Small and Fading ChatGPT Big and Fading
in Importance in Importance
Metaverse -50%
0% 1% Keyword Importance 10% 100%
(Logarithmic scale)
2020
Where will
2024 end up? 2024 2017
2014
For 2024, analyst forecasts
2016 2012
for the S&P 500's returns
2011 2010
average between 5-10%
yet again. 2007 2006
2005 1999
2004 1988
2024 is likely to be 2018 1993 1986
a “tale of two halves,”
2015 1992 1983
with a cautious first half
1994 1987 1982
giving way to stronger
performance in the 1990 1978 1979
second half of the year. 1984 1970 1976 2023
-50% -40% -30% -20% -10% 0% 10% 20% 30% 40% 50%
Forecasts
new highs in 2024.
5,400
Yardeni Research
gh
Hi
5,000
Average: 4,900
Lo
w
4,200
J.P. Morgan
4,000
A more challenging We expect the S&P 500 to 5,400 by the end of 2024
macro backdrop is anticipated close at 4,900 at the end of and 6,000 by the end of 2025
for equity markets in 2024. 2024. Over positioning still because I think this is a bull
Lackluster earnings growth needs to be adjusted, but big market that has legs.
and geopolitical risks are set tech will continue to present a
to weigh on the outlook for good investment case. I've been thinking for quite
stocks. some time that we're in a
While we expect some P/E recession, but I argued that
J.P. Morgan analysts estimate compression in the Magnificent it's a rolling recession, not an
S&P 500 earnings growth of seven, earnings growth will still economy-wide recession.
2–3% and a price target of be strong and the investment Now I think we're in a rolling
4,200, with a downside bias. case intact. recovery.
10%
5%
0%
-10%
-15%
-20%
-12 -10 -8 -6 -4 -2 0 2 4 6 8 10 12
Months around first Fed rate cut
15% 15%
5% 5%
1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2024
*Fed cutting cycles since 1984
Sources: Goldman Sachs Investment Research, Datastream 24
Bonds are With interest rates likely at their peak,
more fund managers than ever expect
Back in Style
bond yields to fall in the future.
50%
Nov 2008
40% Aug 2006 Aug 2019
Mar 2020
30%
20%
10%
2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023
Long EM 15%
Long Magnificent Seven 14%
Short U.S. dollar 7%
393%
1 Cambodia 110%
Growth in
FDI Projects Growth in
FDI Capex
Emerging markets
9 Serbia 29% 219% are on a structurally
sounder footing amid
tighter global financial
conditions.
10 India 55% 127% - AXA Investment Managers
1.0M
0.5M
$1,000,000
+559%
$10,000 +6,523%
Returns from
halving date to
cycle’s peak price:
+8,114%
$100
35%
Don’t miss out on the Japanese assets for Mexico and India will
AI opportunity in equities secure diversification benefit from geopolitical
in developed markets fragmentation
- BlackRock - Citi
OUTLIER/CONTESTED PLAYS
Sources: The Global Forecast Series Predictions Database, UBS, J.P. Morgan,
Morgan Stanley, BlackRock, Goldman Sachs, Bank of America, Citi 29
Market Predictions
Audience Poll
Will the S&P 500 make
new highs in 2024?
30
3 Geopolitics
31
Global Elections
2024 is due to be the busiest election year Countries representing
recorded, as nearly half of the world’s more than 57% of world GDP
population hits the voting booths. are hosting elections in 2024.
- Mercer
National Elections
Finland
UK
Russia
Ireland
U.S. Ukraine
S. Korea
Iran Taiwan
India
Mexico
Venezuela
Indonesia
S. Africa
10%
1800 1820 1840 1860 1880 1900 1920 1940 1960 1980 2000 2020
Sources: Deutsche Bank, Haver Analytics, UN World Population Prospects, The V-Dem Project, European Commission 32
Global Elections To Watch
2024 features a flurry of elections in the first half of the year,
before the U.S. presidential election in November.
1st Iran
13th 14th 9th Pakistan 10th
Taiwan Indonesia S. Korea
17th Russia
31st Ukraine
2nd
Mexico
India
6-9th
EU
5th
U.S.
33
U.S Election The 2024 U.S. presidential election is
filled with uncertainties as candidates
Outlook
bolster their war chests.
D. Trump $60.5M
J. Biden $56.8M
R. DeSantis $31.7M
V. Ramaswamy $26.6M
Swing states could
be Arizona, Georgia,
N. Haley $18.7M Pennsylvania, and
Wisconsin.
- James Bennett,
R.F. Kennedy Jr. $15.1M The Economist
Wins electoral
but not popular vote
San Diego, CA
San Francisco, CA
San Jose, CA
Honolulu, HI
Austin, TX
El Paso, TX
Portland, OR
Las Vegas, NV
What we have yearned There are many potential North Korea will likely
for from day one is for the war "trip-wires" that could ignite a focus on developing new
to be directly between us and broader conflict in the region, ballistic missile programs that
the American and Israeli but the most likely is at the can be considered as a direct
enemy. Lebanon–Israel border. threat to security of the U.S.
- Houthi leader
Abdul-Malik Al-Houthi - Sam Lichtenstein - The Diplomat
Russia
Ukraine
North Korea
Türkiye Iran
China
Israel South Korea
Taiwan
Sudan Yemen
India
Djibouti
Venezuela Philippines
Guyana
The Philippines’
increasingly confrontational
Venezuela could make a Sudan’s collapse could stance against China’s
land grab for neighbouring reverberate for decades “grey-zone” tactics and its
Guyana, a Commonwealth throughout the Sahel, the further alignment with the US
member. Horn and Red Sea regions. could keep tensions simmering
or even risk an outbreak of
- Roger Boyes, The Times - Crisis Group serious conflict. - SCMP
35
Israel and Palestine
Israel’s Internal Politics
2023 Israel
2023 Palestine Sooner or later, a majority of
1967 Border Israelis will formally lay the blame
1947 UN Partition
for the biggest security failure in
decades at Prime Minister
Benjamin Netanyahu’s door.
36
Russia and
Latvia
Ukraine Ukraine’s fate will hinge
on elections all around. 2024
will be an inflection point.
- Ian Bremmer
Occupied Territories before Feb. 2022
Lithuania
Occupied Territories after Feb. 2022
Belarus
Russia
Poland Kyiv
Ukraine
Bakhmut
Kharkiv
Kherson
Moldova
Romania
- Simon Kuper, Financial Times - Peter Ricketts - Simon Kuper, Financial Times
1% 8% 91%
Apr Sep Not Before Oct
2024 2024 2024
Audience Poll
Will the Israel-Hamas war escalate,
stay the same, or resolve in 2024?
39
4 Technology
- Michael Tannenbaum
40
Artificial Intelligence’s
Tech Innovation Cycle
Past technological innovations brought waves of software
platforms and app creation. AI is just getting started…
80%
40%
20%
Source: Coatue 41
The Most Popular Chatbot
Text Generator
mber of Visits
u
=N
Size
e
ri cl
60.2% 3.8B
C
of Industry Total
15.8%
Quillbot
1.1B
4.7%
ChatGPT Midjourney
14.6B
500.4M
2.1%
Hardware Providers
Power Users
43
2024 will feel like a AI is about to supercharge
breakthrough year in terms of the innovation pipeline and
AI capability, safety, and accelerate the rate of new
general positivity about its discoveries at a pace we’ve
potential impact. never seen before.
- Greg Brockman - Bill Gates
AI Dreamers
VS
AI Skeptics
44
A Pivotal Year
for Virtual Reality
Apple enters the VR scene in 2024,
but Meta's financials show the difficult
reality of the space.
- Rex Woodbury.
Daybreak Ventures
40M iPod
Apple
Watch
20M
12.6M
9.3M Vision Pro
Macbook
3.6M
0.4M 1.5M
3 In May, China’s
Chang’e 6 to obtain
4 April 8, Total solar
eclipse across
first samples from North America.
the lunar far side.
5 In November,
Artemis II to orbit
the moon with four
astronauts.
6 In November, VIPER
to explore the Moon’s
7 October 2, Total
solar eclipse across
south pole for water South America.
and carbon dioxide.
Source: Omdia 46
Things You’ll See
More of in 2024
Expensive coffee CRISPR gene-editing trial
(and cups) for common conditions
Expect a growing chorus of In 2023 we saw CRISPR tackle
governments and cafes to introduce sickle cell anemia. In 2024 we may
surcharges for disposable cups to see it be applied to more common
combat environmental harm and conditions like high cholesterol.
waste. Consumption of coffee is now
outstripping production, according to - MIT Technology Review
the International Coffee Organisation
as well.
- Polly Denison
- Adrien Brook
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Technology Predictions
Some of the hype and herd
mentality behavior that shifted from
crypto to AI in 2023 will shift back to
crypto in 2024.
- Rob Toews
Audience Poll
Will 2024 bring more
layoffs in the tech sector?
With Apple’s Vision Pro launching, will 2024 be the breakout year
for virtual and extended reality headsets? Who will lead if so?
No, it won’t take off 53% 9% 38% Yes, Apple will lead
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Thank you for reading the
2024 Global Forecast Report!
For further exploration, below are six of the
most insightful and interesting publications
we found while gathering predictions for the
Global Forecast Report.
Further Reading
17 Predictions for 2024 - Nividia AI Experts
https://blogs.nvidia.com/blog/2024-ai-predictions
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