AU The world 70 years from now
Property Here - Monday, August 19, 2013
Homeowners can expect to pay an average of almost $12 million for new properties. Picture: Supplied Source:News Limited
SEVENTY years from now, we will all be millionaires, witness teleportation and pay $34 for a loaf of bread, experts say.
Using the year 2083 as a benchmark, researchers from an investment firm used historical data calculated with annual growth rates to compile an astonishing list of predictions.
Data projections have found bread will cost about $34 a loaf in 70 years. Picture: Milan Scepanovic Source:News Limited
Homeowners can expect to pay an average of almost $12 million for new properties.
The data projections also found people would live much longer.
"Many of our investors ... want to know how to plan for their children's future and what that future might look like financially,'' said DGCAssetManagement.com managing director David Garner.
"We used historical data to calculate compound annual growth rates, which we then applied over the next 70 years to 2083.
"We also adjusted for inflation, to provide a better comparison with today's prices.''
Separate research at FutureTimeline.net predicts that hyper-intelligent computers will perform "the equivalent of all human thought over the last 10 thousand years in less than 10 microseconds''.
The 2080s are expected to make house prices today look super cheap. Picture: Supplied Source: News Limited
Researchers also say that the average citizen will have access to a wide array of biotechnology implants and personal medical devices.
These could include fully artificial organs that never fail, bionic eyes and ears providing superman-like senses.
The 2080s will not be so bright for many animals, though, as lizards and polar bears will be extinct.
Polar bears will be extinct in the 2080s, according to data projections. Picture: Supplied Source: Supplied
Spain, Italy and the Balkans will turn into desert nations, with climates like North Africa, and agriculture will suffer.
Enjoy it while you can, Italy is expected to be a desert nation in 70 years. Picture: Supplied Source: Supplied
On a brighter note, experiments in quantum entanglement, made possible by artificial intelligence and picotechnology, will provide major breakthroughs in travel.
By 2083, the future experts claim it will be possible to teleport macro-scale objects from one location to another.
Read more: http://www.news.com.au/realestate/news/the-world-70-years-from-now/story-fncq3gat-1226699742008#ixzz2clXtyi80