About a month ago, I shared visualcapitalist's 2021 predictions to check how well they fared at the end of the year.
Honestly, the list was pretty good. It wasn't perfect, but you wouldn't expect it to be.
In that article, I asked this question:
What's going to happen as a result of the continuing pandemic, inflation, interest rates, the ongoing supply chain issues, and the growing anxiety and unrest brewing underneath the surface of the new normal? In January, we'll get to see VC's predictions. Before that, what do you expect to happen in 2022? - How'd These 2021 Predictions Fair?
Let's be clear - most predictions are either vague and easily guessed (and therefore not helpful) or random conjecture.
But, there's value in prediction, and there's value in analyzing the data before you. The caveat is that prediction is better when it's applied to human nature and not the machinations of fate, and data can be a distraction if it's not being carefully curated and analyzed to remain relevant to your goals.
For example, I agree with their general direction for technology. Tech is continuing to grow in influence, and as Web 3.0, the blockchain, and AI mature as platforms for sub-technologies, I think their importance is only going to skyrocket.
Prediction can also be entertainment. I certainly catch myself looking for patterns and differentiators for everything from whether my meal is going to come to the table correctly, to who's going to win the Super Bowl.
I know the chances are low, but I still think it's going to be the Cowboys ...
It's always exciting for me to watch the Cowboys make the playoffs. Meanwhile, yesterday, the San Francisco 49ers ended the Cowboys season in the first round of the playoffs.
Only one team can win the Super Bowl. I know that. Yet, most seasons, somehow, I expect the Cowboys to have a real chance. That form of hope and wishful thinking comes with being a fan.
Whether you like football or not, one thing we can probably agree about is that geriatric white dudes shouldn't rap. At least ... that's what my kids tell me when I try.
Unfortunately, Cowboys owner, Jerry Jones, didn't get the memo.
As we enter the new year, it feels appropriate to focus a little on our mortality. What better time for an existential crisis?
Below is an infographic that shows events in the life of a typical American. However, you can personalize it to display how long you likely have to live by filling in your education level, sex, country of birth, and when you were born. Seeing where you are ... versus how many dots are left can be jarring.
The average life expectancy for men in the U.S. is 76.
How many amazing vacations do you have left? How many jaw-dropping moments? How many fantastic meals? How many Super Bowls?
What about time with your parents or older relatives? It's easy to forget to call or to miss an important event because "life happens". But, if you realize you may have already used 95% of your in-person time with that person ... doesn't it become more special?
In my TEDx talk, I mentioned "living like you only have a year left" – and how much more "life" we got out of the last part of my dad's life.
That is an example, but I want to take it one step further.
To start, think of some of the activities you do, places you go, experiences you have that are special and make you feel like your best self.
Hitting flow-state and creating something new and exciting;
Taking an amazing vacation and experiencing something completely new;
Having a moment with someone you love that makes you stop and say - Wow!
Making a difference in someone's day or giving back to your community;
Experiencing peace and relaxation;
Feeling pure joy.
It's easy to get lost and take for granted these moments when they happen, but when you think about how much time you have left, they take a whole new meaning.
How can you maximize the time you have left? Fill it with the best experiences, activities, and people you can.
To start, think about different time frames:
What activities could you commit to doing at least once a year?
What activities could you commit to doing at least once a month?
What activities could you commit to doing at least once a week?
What activities could you commit to doing at least once a day?
Make those lists ... it is a simple way to get a better return on the time value of your life.
Seriously, try it.
Let me know how it worked for you – and what you chose.
But, sometimes, it's fun to see what others have to say as well.
Every year Visual Capitalist puts together a list of their predictions for the coming year. As we reach the final two weeks of 2021, I figure it's worth taking a look!
Honestly, that was a pretty good set of predictions. While some of this list didn't pan out, much of it did. We're seeing a growing exodus from major cities (where people lived to pursue opportunities previously available only in such places), movies are recovering, and hybrid work models are all the rage.
Could they have predicted how much of an issue COVID would pose throughout the year? Probably not.
As we near the end of 2021, there's a lot of uncertainty in the air.
Global markets have the jitters - and we don't see the increased volatility changing anytime soon.
What's going to happen as a result of the continuing pandemic, inflation, interest rates, the ongoing supply chain issues, and the growing anxiety and unrest brewing underneath the surface of the new normal? In January, we'll get to see VC's predictions. Before that, what do you expect to happen in 2022?
Looking at the list, we see new editions like Clubhouse and Strava. Partially due to the quarantine, you're still seeing an increase in digital cash transfers with tools like Venmo, an increase in e-commerce shops like Shopify, and an increase in (you guessed it) collaboration tools like Zoom or Microsoft Teams.
Just to pick out some of the key figures in the chart this year.
Amazon users spend $283,000
6M people shop online
TikTok users watch 167M videos
and, Zoom hosts 856 minutes of webinars.
Before 2020, I already thought that big tech had a massive influence on our lives. Yet, somehow this past year has pushed their impact even higher.
One other thing this chart also helps put into perspective is the rapid rate of adoption. As you look at different year's charts, you can see how quickly apps have become part of the cultural zeitgeist.
How do you think these numbers will grow or change in 2022?
Here Are Some Links For Your Weekly Reading - February 13th, 2021
Here are some of the posts that caught my eye. Hope you find something interesting.
Lighter Links:
Trading Links:
Posted at 08:46 PM in Business, Current Affairs, Gadgets, Games, Ideas, Just for Fun, Market Commentary, Science, Sports, Television, Trading, Trading Tools, Web/Tech | Permalink | Comments (0)
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