What to expect in 2006 ?
With the New Year just arriving and calendars world over being changed to feature the year 2006, what exactly are we to expect during the coming year. Let me be honest, I’m not an expert on predicting anything, but a few things that will happen are certainly running through my head, then again, this is my perspective. What to expect, and also, what not to expect.
The year 2006 will not see any big technological developments, and by big I mean something that will change the way we live. WE have the internet already; people are just going to be working on better optimization off the Internet. Internet Security and Privacy are going to be a large issue that will be worked on all along, especially with the increased use off PDA’s and Smart phones. Along with this, Mobile Commerce, which is basically using chips on your PDA’s to serve as your digital wallet, just flash your phone and your bills are paid, will grow tremendously in the rest off the world; it is predominantly present in certain parts off Europe.
The year 2006 will see a lot off people retiring, especially the baby boomers from the Second World War. It’s going to be harder to find good experienced employees, most companies are going to have a massive drop in their experience levels and its going to be very hard to find good replacements. The positive side is that there will be a lot off available jobs, but it’s the companies and the state that are going to bear the brunt. More Pensions, retirement funds and new salaries. But the increase in man power cost will be equally offset by the ever growing economy.
Developing Nations will grow at nearly three times the pace off developed nations. Countries like India, China, Tanzania will be growing at about 10% whereas the US and UK will not get past 4%, even that would be a tough task. This in turn will lead to a booming stock market. But according to me, real estate prices have to drop, they are already pretty overpriced.
I don’t think there will be any new major political developments either, unless something radical happens. Most off the year will be spend with diplomats shuttling around the place making new ties and straightening old ones. You will see a lot off speeches and statements by Head off States.
Commodity prices will move up and down thought the year, Gold, silver and platinum will end 2006 at the same levels as present, but there will be massive instability. Other industrial metals will move a little to the upper side, but will be only a measured increase.
VoIP will take the market by storm. With the number off companies providing services increasing by the day, and prices dropping, it seems to be the thing off the year. Something to really look forward too personally because I belong to the industry as well. Of course, dropping bandwidth costs are going to help the process even more. The year 2006 will change the way the layman communicates.
The number off vehicles on the road will either go up or down, especially with most countries announcing and starting off new and highly reliable public transport systems. They work, but the question is, are people prepared to walk that last mile? 2006 will see air fares dropping like never before. The world is literally going to be a global village.
We will also see companies increasing their spends on online advertising, moving away from the traditional print media. Along with this increased online advertising, you will see that user generated online content is going to be highly valued. Usage off Blogs and instant messaging will explode.
The weather and nature…. I don’t want to predict anything on that; I’m not the guy who spins the Cosmo’s .Something to think about, what happens if that guy decides to spin us around a little quicker or for that matter a little slower…..
The year 2006 will not see any big technological developments, and by big I mean something that will change the way we live. WE have the internet already; people are just going to be working on better optimization off the Internet. Internet Security and Privacy are going to be a large issue that will be worked on all along, especially with the increased use off PDA’s and Smart phones. Along with this, Mobile Commerce, which is basically using chips on your PDA’s to serve as your digital wallet, just flash your phone and your bills are paid, will grow tremendously in the rest off the world; it is predominantly present in certain parts off Europe.
The year 2006 will see a lot off people retiring, especially the baby boomers from the Second World War. It’s going to be harder to find good experienced employees, most companies are going to have a massive drop in their experience levels and its going to be very hard to find good replacements. The positive side is that there will be a lot off available jobs, but it’s the companies and the state that are going to bear the brunt. More Pensions, retirement funds and new salaries. But the increase in man power cost will be equally offset by the ever growing economy.
Developing Nations will grow at nearly three times the pace off developed nations. Countries like India, China, Tanzania will be growing at about 10% whereas the US and UK will not get past 4%, even that would be a tough task. This in turn will lead to a booming stock market. But according to me, real estate prices have to drop, they are already pretty overpriced.
I don’t think there will be any new major political developments either, unless something radical happens. Most off the year will be spend with diplomats shuttling around the place making new ties and straightening old ones. You will see a lot off speeches and statements by Head off States.
Commodity prices will move up and down thought the year, Gold, silver and platinum will end 2006 at the same levels as present, but there will be massive instability. Other industrial metals will move a little to the upper side, but will be only a measured increase.
VoIP will take the market by storm. With the number off companies providing services increasing by the day, and prices dropping, it seems to be the thing off the year. Something to really look forward too personally because I belong to the industry as well. Of course, dropping bandwidth costs are going to help the process even more. The year 2006 will change the way the layman communicates.
The number off vehicles on the road will either go up or down, especially with most countries announcing and starting off new and highly reliable public transport systems. They work, but the question is, are people prepared to walk that last mile? 2006 will see air fares dropping like never before. The world is literally going to be a global village.
We will also see companies increasing their spends on online advertising, moving away from the traditional print media. Along with this increased online advertising, you will see that user generated online content is going to be highly valued. Usage off Blogs and instant messaging will explode.
The weather and nature…. I don’t want to predict anything on that; I’m not the guy who spins the Cosmo’s .Something to think about, what happens if that guy decides to spin us around a little quicker or for that matter a little slower…..
posted by Yasser Rahman at Monday, January 02, 2006
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