1. Marginal businesses that were trading “four quarters for a dollar” before the pandemic began will be toast
  2. Retail space will be decimated and have to be re-positioned to uses that are a) pandemic-resistant, b) big box store-resistant and c) internet-resistant not to mention that they will have to accommodate a wider range of options including live-work at grade and WFH (work-from-home)
  3. Demand for office space will plummet and, again, office towers will need to be reworked into multi-use places…
  4. Industrial production and demand for industrial space will increase as international trading partners come to distrust each other and global supply chains give way (in part) to more local production
  5. Grow local will be even more of a thing
  6. Agricultural land will increase in value, not for speculation purposes but to produce more foodstuffs, and demand for seasonal plots/micro gardens within an hour or so of towns and cities will rise
  7. Homes in desirable cities will continue to accelerate in value
  8. Small towns within an hour or two of larger centers will boom
  9. Demand for highrise condominiums and apartments will moderate or drop
  10. Work from home will become a permanent feature of modern economies
  11. Everything that can be delivered to the home, will be
  12. Home reno companies and trades will see unprecedented demand as people renovate their residences to become places of work too, not to mention spaces where they can play, entertain, learn, make, create, ship, produce energy, socialize, grow[1], and shop from, plus owners will want to animate their properties (even their principal residences) to allow for both multi-generational living arrangements as well as providing them with some passive rental income from basement apartments, sideyard apartments, attic apartments, micro suites, apartments above the garage, laneway homes, backyard coach houses, tiny homes, mini offices, and workshops…
  13. Car trips will be less frequent
  14. CO(2) generated by car trips will drop
  15. Electric vehicle sales will boom
  16. Demand for more walkable neighborhoods and more destinations within walking distance (like, say, a doctor’s office or dentist or physiotherapist) will rise
  17. TaaS (transportation as a service) and driverless vehicles will arrive in force and, as a result, private car ownership will drop, demand for auto mechanics will crater as will demand for truck drivers, chauffeurs, taxi/Uber/Lyft drivers, used cars, new car dealerships, auto parts, car insurance, collision repair, vehicle maintenance and so forth
  18. Public transit will face increasing competition from TaaS
  19. Demand for oil will drop, so too will demand for parking spaces, garages, and lots, which will be repurposed for higher and better uses than car storage
  20. Reliance on cloud computing and AI will vastly increase
  21. Demand for battery storage and better batteries will rise enormously
  22. The number of gigpreneurs will skyrocket
  23. Business models that surprise and delight, combining unusual things together in ways that please clients and customers will prevail
  24. Companies that don’t treat the words “customer service” as an oxymoron will prevail
  25. Trust will be even more prized and so branding that creates trust will be of paramount importance
  26. People will either become more self-reliant or face being part of the wrong end of a K-shaped economic recovery (in other words, they will be on the downslope of the “k”)
  27. Productivity will increase for those on the upward trending part of the “k,” a good news story for them
  28. AI, artificially intelligent agents[2], will be another boon to knowledge workers making the difference between winners and losers in today’s income wars even more pronounced
  29. Telemedicine is here to stay
  30. Distance education, coaching, mentoring, lifetime learning will be even more important
  31. Homeschooling will be a bigger part of education as will remote learning plus the arrival of true AI will allow mass customization of education so that children can explore more of the world around them and follow more closely their own natural interests
  32. More people will enter the trades and establish their own firms
  33. Demand for universities and colleges, law programs, MBAs, and the like will falter
  34. Artisanal arts will be rediscovered, mind you, wrapped in modern era business models that will flourish
  35. Co-working spaces will fade unless they also provide a place to live and work in ONE building
  36. There will be more pressure for a guaranteed minimum income, which many believe will not only be useful and necessary but more efficient than a myriad of top-heavy, bureaucrat-run government programs now in existence
  37. Cities will either relax their zoning codes to allow more flexibility in how real property is used or face mounting civil disobedience as well as emigration of their best and brightest to more friendly confines
  38. This will mean repurposing mono-cultured mega shopping malls and office towers into mixed-use buildings
  39. Cities, towns, and villages will need to develop different policy planning tools and outside-the-box ideas, so they attract business investment and entrepreneurs and spur on more innovation
  40. Hardening of communities will become a much higher priority — more efficient, more sustainable, more grow local, produce/manufacture local, deal with wastes locally, produce textiles locally, become more energy independent as well as more independent in services (think finance, loans, insurance…), meds/pharma, healthcare, education, entertainment, construction, tourism, policing and so forth
  41. Communities will need to be more affordable, live-work-play, create-make-learn-grow, entertain-shop, exercise-grow-socialize, diversified-visitable, neo-urbanist, walkable, animated neighborhoods, which are both economically and environmentally sustainable…
  42. Weather forecasts will still suck
  43. Privacy is a joke — you have none
  44. Leisure is the new infrastructure… entertainment components (a new economic engine) will be added to almost every new project
  45. It will generate far more economic activity than simply building a new road or putting in additional municipal services
  46. World #1 economy will be China
  47. The first PERSON on Mars will be… Chinese
  48. Arthur C Clark’s elevators to space will be built on the moon and Mars not Earth
  49. Alzheimer’s will be a forgotten disease
  50. Digitally recorded film/video/books/blogs/photos/images will vanish into the void as websites/apps/cloud storage and computers evolve and disappear or are replaced
  51. Entertainers/starchitects/elite artists/writers etc will make more money after they die
  52. Homes will be smaller
  53. Tiny houses will be everywhere
  54. Everyone will have at least five or six careers during their lifetimes
  55. An embarrassed NHL finally gets rid of fighting
  56. English will prove to be unstoppable
  57. There will be more people in ESL (English as a Second Language) schools than any other single course
  58. People will never retire
  59. People will work effectively into their 80s and 90s and people will live into their 90s and 100s
  60. Get ready for a 70-year career
  61. Fewer people than ever will benefit from meaningful pensions
  62. More people will embrace real estate and side gigs as a means to provide for themselves in their senior years
  63. Age of majority, voting age, drinking age, legal age, military service age, and driving age will be 16, and society will stop treating teenagers as incompetent nincompoops and recognize as well as value the energy/passion/speed/sweat equity and luck they bring to EVERYTHING
  64. Helicopter parenting will get worse
  65. Economists will continue to be able to accurately predict nine out of the last five recessions
  66. Female-headed startups will have higher survivorship rates than their male counterparts, but male versions will grow faster and larger
  67. More nation-states will fail and become abominations
  68. Most of those nations will not only repress minorities within their boundaries, but they will also fail to respect/promote women’s rights
  69. Without peace, order, and good government, no value can be created
  70. The future will surprise us!

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Bob Belvedere

Bob Belvedere

Business Consultant with over 30 years experience providing entrepreneurs and startups guidance to successful futures!

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