We’ve all seen how quickly technology can change industrial, economic, and social landscapes. Even in our lifetime, many of us have witnessed dramatic changes. These changes are exponential, courtesy of the extended lifespans that come with medical innovations.
Some experts believe that this is merely the beginning. For example, Haim Israel of Global Thematic Investing Research believes that extended lifespans coupled with rapid technological development can (and likely will) result in a technological domino effect. He calls the potential and far-reaching attempts at technology “Moonshots.”
To put it simply, Israel believes that medical intervention will allow for longer and longer lifespans. This, in turn, will allow for unique alterations to the way we currently view investments. A single person could theoretically see the growth of their stocks over decades – if not hundreds of years. This is just one of the changes Israel predicts.
