The Future of Industries: 4 Sectors Set to Explode in 20 Years
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Chapter 1: Introduction to Future Industries
Everyone is keen to discover what the “next big thing” is, as predicting it can lead to substantial financial gain. For instance, early investment in smartphones could have resulted in remarkable wealth. The challenge lies in accurately anticipating market developments and identifying the companies that will seize first-mover advantages.
While I lack any supernatural foresight, I offer these insights based on observable industry trends. There is a noticeable uptick in startups in these sectors, coupled with growing public sentiment, which I believe will propel these innovations to the forefront of society in the coming years.
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Chapter 2: The Rise of Flying Cars and EVTOLs
Before dismissing the idea, take a moment to consider the reality of flying cars. They are emerging, albeit not in the way you might envision. Introducing the Jetson ONE:
This innovation is not merely theoretical; it is happening now. Jetson plans to start fulfilling pre-orders this year, with their 2022 orders already sold out and 2023 nearly filled. Numerous companies are entering this space, and if you’re curious, you can explore investing in LIFT Aircrafts, a leader in urban air transportation and eVTOL technology.
As battery technology advances, so will the capabilities of these vehicles. Current limitations mean most have a flight duration of only 15-20 minutes on a single charge. However, LIFT is developing a hybrid model aimed at extended flight times.
Chapter 3: Automation in the Food Industry
Have you ever walked into a restaurant where a robot prepared your meal? That may soon change. Several companies are pioneering food automation technologies. A notable example is "Flippy" from Miso Robotics, a robotic arm designed to handle tasks from flipping burgers to managing fryers.
Miso Robotics is not alone; various forms of automation, such as fully automated pizza kiosks, are entering the market, with several unmanned restaurants already operating. The industry is rapidly shifting toward greater automation, making it a critical area to watch.
Chapter 4: The Expansion of Private Equity Secondary Markets
Have you ever wondered why only wealthy individuals get to invest in companies at their early stages while most people wait until they’re valued in the billions? This dynamic is changing swiftly. Equity crowdfunding and the JOBS Act of 2015 are key components driving the democratization of finance, allowing everyone to invest in startups.
The influx of capital from everyday investors seeking significant returns is notable, and Wall Street's participation is increasing as well. We are nearing investment levels not seen since the tech bubble.
However, a significant issue remains: liquidity. If you invest $700 billion in startups within a year, and your investment skyrockets, cashing out is challenging without an IPO. Imagine investing in ByteDance when it was valued at $10 million—your investment could be worth 35,300 times what you initially put in, yet you remain unable to liquidate it.
Currently, established secondary markets are scarce, but various platforms are experimenting with different models. StartEngine is developing a typical trading model, while Carta has launched CartaX for one-time liquidity events.
Chapter 5: The Future of Modular Housing
Do you enjoy playing with Legos? Imagine constructing homes in a similar fashion. The housing market is currently chaotic, with rising material costs and lengthy construction times. Wall Street now owns 1 in 10 homes, complicating the situation further.
Fortunately, companies like Boxabl aim to address these challenges. They manufacture homes in factories, allowing for rapid setup and occupancy upon delivery. The initial model is a simple box, and buyers can combine multiple Boxabls to create more complex structures over time.
By starting with a basic unit costing approximately $50,000, homeowners can gradually expand their living spaces.
Chapter 6: Conclusion
In summary, the future holds immense possibilities for several industries, including flying cars, food automation, private equity secondary markets, and modular housing. Keeping an eye on these developments could provide valuable opportunities for investment and innovation.
The first video, titled "15 Top-Paying Jobs of the Future (and jobs that have no future)," explores emerging career paths and those that may become obsolete.
The second video, "Businesses that Never Fail? 6 Businesses with Amazingly Low Failure Rates [Backed by Data]," analyzes resilient business models that show impressive success rates.