What Will Boom? - 2018-2023

[GetShitDone]

Within the next 5 years, what industry do you think would boom?

For example, real estate has boomed in Vancouver and Sydney over the past 5 years and is at it's peak right now.

What industries do you think would be in their boom period from 2018-2023?

 

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[ruzara5]

Within the next 5 years, what industry do you think would boom?

For example, real estate has boomed in Vancouver and Sydney over the past 5 years and is at it's peak right now.

What industries do you think would be in their boom period from 2018-2023?

Alot will 'boom'. Two that come to mind. 3d printing. Alternative building materials. Just my approach on it. I see alot of oppurtunities. Hope that gets it rolling a little.

 

[JAJT]

It seems like for folks with some money they don't mind burning on speculation there is huge potential for cryptocurrency.

Bitcoin went up $1000 in 1 week the other day. Just... just nuts.

 

[Ninjakid]

AI and robotics

The world’s best Dota 2 players just got destroyed by a killer AI from Elon Musk’s startup

EDIT: I don't believe it will be a "boom" per se, but it definitely won't become less significant

 

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[mike24601]

I don't know what will boom in the next 5 years, but I can tell you what is going to bust, and that's higher education. I feel very confident about that.

 

[TonyStark]

Bitcoin, it will go boom!

 

[Lex DeVille]

Virtual reality and augmented reality are about to be huge and will impact multiple industries. At first video games and shopping experiences. Later these will expand to include other experiences such as theatre and movies, and probably at some point the entire internet. The ability to tell a good story will become more important than ever as we go deeper into an internal world. So storytelling and digital development will also be huge industries where companies need a lot of help in transition, and have limited supply of individuals with that kind of knowledge.

 

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[MJ DeMarco]

A self-driven taxi fleet of Teslas.
Pay-per-use cars.

 

[Jonathan C]

Metamaterials such as graphene may become big. You could try to become a graphene tycoon the way Andrew Carnegie was a steel tycoon.

Quantum computers may become big too. There was a recent breakthrough in quantum computing.

A New Breakthrough in Quantum Computing is Set to Transform Our World

Scientists May Have Discovered a Sweet Way to Mass Produce Graphene

 

[ZeroTo100]

Self driving cars/planes, Augumented reality/VR, Cryptocurrency, Artificial intelligence, Weed, Privacy on mobile and social networks, Cyber security, Green building materials, Sustainability energy, sustainable farming, and I expect more video online.

Also, I expect more millionaires on TMF ! Boom

 

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[Xavier X]

I don't know what will boom in the next 5 years, but I can tell you what is going to bust, and that's higher education. I feel very confident about that.

Chances of that happening are effectively zero.
Such core aspects of global society do not decelerate from 100 to 10 in time spans like five years.

Fifty to a hundred years.. still highly unlikely, but maybe.

In five years, would you trust your heart surgery to some bro who learned it at a 2-week webinar? I doubt it.
Although, I agree many liberal arts majors aren't worth the cost of attendance, and the time/money can be better utilized.

 

[ZeroTo100]

I don't know what will boom in the next 5 years, but I can tell you what is going to bust, and that's higher education. I feel very confident about that.

You know what will be going bust...

Snapchat! Oh it's happening!

 

[ZCP]

Engineering and construction..... everything in this country needs to be rebuilt in the next 15 to 25 years ..... we have a HUGE cliff of engineers and tech people leaving the work force.....

Automation will help. But the bottleneck will be the design to satisfy all the levels of regulation / insurance / liability.

Lots to do!

 

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[Sequential]

In my opinion.

AI
Gene Therapy
Smart Drugs (drugs created on an individual basis for a specific person who has been screened at a deep level (maybe a bit early for this though)
Neuro Networking - think how the internet connects millions of computers together - this will be our brains at some point.

 

[Raoul Duke]

Real estate.

 

[PickOcean]

Big Government...More hand outs-Big Time... The give=me generation

 

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[ZF Lee]

Virtual reality and augmented reality are about to be huge and will impact multiple industries. At first video games and shopping experiences. Later these will expand to include other experiences such as theatre and movies, and probably at some point the entire internet. The ability to tell a good story will become more important than ever as we go deeper into an internal world. So storytelling and digital development will also be huge industries where companies need a lot of help in transition, and have limited supply of individuals with that kind of knowledge.

I'm keeping my fingers crossed for VR marketing. But I haven't found anything on it so far.
And VR movies as well. Authors, especially fiction fantasy might have a chance to have their books turned into near-realistic shows that are even more sharp-edged than conventional TV shows lol.
Even if most of us aren't going to help program VRs, we can be first movers, occupy market space and still make a bounty. It's going to be like the old Internet days...Chuma mode.

Also, I expect more millionaires on TMF ! Boom

 

[rollerskates]

Worker bots. They already have them in some fast food places, and I can see a lot of industries where they would prove way more cost efficient.

 

[ApparentHorizon]

Virtual reality and augmented reality are about to be huge and will impact multiple industries. At first video games and shopping experiences. Later these will expand to include other experiences such as theatre and movies, and probably at some point the entire internet. The ability to tell a good story will become more important than ever as we go deeper into an internal world. So storytelling and digital development will also be huge industries where companies need a lot of help in transition, and have limited supply of individuals with that kind of knowledge.

VR Is the Fastest-Growing Skill for Online Freelancers
Reported by UpWork, no less. Those things are going for 1k/job minimum.

 

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[Justin1999111710]

Food delivery services. When I started working at the local company I work for 3 years ago we were the only restaurant delivery service in the area. Now big companies like Uber and door dash are moving in. People are becoming more introverted and leaving there homes less. They would rather push a couple buttons on there keyboard and have the food brought to them then go out and deal with people.

 

[Duane]

The marijuana industry, it'll be legalized in every state and there will be some serious money to be made.

 

[ColbyG]

I believe augmented reality glasses will replace the smartphone. Current barriers to this happening are the size of the glasses, control methods and field of view.

 

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[oldkevx]

I don't know what will boom in the next 5 years, but I can tell you what is going to bust, and that's higher education. I feel very confident about that.

I agree 100%. With all of the free education online, I don't see how much longer they can keep running the scam of higher education.

 

[ColbyG]

I agree 100%. With all of the free education online, I don't see how much longer they can keep running the scam of higher education.

Even for fields like law, medicine and engineering? Totally agree for business, arts etc

 

[Thoelt53]

Engineering and construction..... everything in this country needs to be rebuilt in the next 15 to 25 years ..... we have a HUGE cliff of engineers and tech people leaving the work force.....

Automation will help. But the bottleneck will be the design to satisfy all the levels of regulation / insurance / liability.

Lots to do!

Yup!

There's a HUGE building boom taking place across the country at the moment. Some regions more than others...

 

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[MidwestLandlord]

The marijuana industry, it'll be legalized in every state and there will be some serious money to be made.

Yeah, this is gonna be big.

Not just retailing either. Services in support of retailers will be big too. Wholesaling, supplies, real estate, signage, etc.

Once government regulations increase (they will, especially on the quality, tax revenue, and "public safety" sides of things), then services in support of maintaining government compliance will be big too. It's big business in other highly regulated industries like alcohol, tobacco, petroleum, food production.

I expect states will create new divisions working under their Department of Public Safety. Just like the various weights and measures, health, and environmental divisions are usually under that department now.

"Department of Public Safety; Marijuana Division" haha

Quality-Testing Legal Marijuana: Strong But Not Always Clean

All said and done I expect that weed will be controlled on the production level like alcohol is now, and at the retail level like a measured/weighted product is now. (THC levels and product safety will be controlled at production, weights and measures will be controlled at retail [like gasoline])

People that position themselves to service retailers will make a lot of money in the next decade.

 

[luniac]

90's toys

 

[G-Man]

Once government regulations increase (they will, especially on the quality, tax revenue, and "public safety" sides of things), then services in support of maintaining government compliance will be big too. It's big business in other highly regulated industries like alcohol, tobacco, petroleum, food production.

This is already happening. A friend of mine has created sort of "plug and play" weed farms. The state has very tight regulations as to how much weed can be grown by one person, and how the growing spaces are to be separated, so he bought a decrepit warehouse in Michigan, then built little farm "boxes". Each has cameras to monitor remotely. Then he recruits people to be "farmers" and basically just takes a vig on every crop. It's gonna be yuge.

I think there's a market for a weed growing MLM if executed correctly.

 

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[mike24601]

You know what will be going bust...

Snapchat! Oh it's happening!

Hahaha, I believe it. I've been following the SNAP demise since last week. Slight rebound now, but even a dead cat will bounce when dropped from a great height.

 

[Sequential]

BTW if any of you are interested in learning about VR and other relatives from a fictional standpoint, I highly recommend Neal Stephenson's Snow Crash, and The Diamond Age.

The Diamond Age

Snow Crash