What better way to spend the last day of the year than making up predictions for the next one?

  1. Technology layoffs are temporary, and reshuffles brain trust in the industry without associated increase in labor costs. Why?
    • Smart-X (substitute X for phone, car, home, office, and entertainment) trends continue, and accelerate through advances in artificial intelligence (AI) technology. Both chat-gpt3 and generative AI are impressive tools that will find widespread use in these industries.
    • Cloud computing will continue to prosper, despite having negative effects on an organizations operational costs, will continue increasing usage due to the Smart-X trend.
  2. Cybersecurity and compliance tooling demand investment and gain traction. Why?
    • Well published failure of decentralized finance to operate in a loosely regulated world. Crypto will not vanish, but maybe and hopefully evolve to be useful in the real world?
    • Cybersecurity will continue becoming even more challenging, especially with generative AI now being use to producing phishing content.
  3. Worldwide trade suffers, and we all become poorer. Why?
    • Nationalist governments are ruling strong in China, Russia, India, and other middle east countries, and feel disadvantaged in their dealing with the west.
    • Energy industry is starting to get disrupted with the rise of electric only cars. The inflection point may still not be reached within 2023, but it is getting a lot of high up people uneasy.