Digi topia Local economy Industrial manufacturing and consumer goods will see major changes, while efforts to create a circular economy that cuts down on wasted resources will intensify. Industrial waste recycling will take on new importance, and thanks to the wide variety of digital services this industry may represent a potential way of earning money for individuals. The knowledge economy (leveraging knowledge to create added value) will become more dominant and lifelong education will become essential with improvements in artificial intelligence and automatization of certain activities or jobs.
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Changes on the job market Leaders expect continued growth in the number of external contractors (the gig economy). However, the increasing number of experts working on different projects for different companies will certainly lead to creating new forms of social programs and taxation methods. A combination of these factors could make the shared economy an attractive business model with perspective for the future. Food production One critical advance will be the option to find details on the origin and conditions of plant and animal products in response to pressure from consumers over how to handle food. Tracking origin will be possible thanks to geolocation using blockchain technologies, already in use today for organic products. We can expect growth in local food production at the expense of large industrial operations. This will involve not only local farmers, but also an expected increase in urban farms using advanced digital technologies. Experiments to this end are already underway. At the same time, however, feeding an ever-growing population will make genetically modified foods a necessity.
