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Economy 2016

VIEW Trends
Trend creation

CoLab members create proposals

Aug 31, 2016 12:00 EDT - Oct 10, 2016 12:00 EDT
Finalist selection
Expert judges select finalists

Oct 10, 2016 12:00 EDT - Oct 27, 2016 12:00 EDT
Completed
Winners present to potential implementers

Oct 27, 2016 12:00 EDT
How is the way we work changing? What new industries and firms are emerging and what new jobs will be created between now and 2030?

The economy is changing rapidly, from the way goods and services are produced and consumed, to the way stocks are traded in markets, to the way individuals participate in the workforce. Between now and 2030, different industries will rise and fall in prominence and the number and distribution of workers employed in various occupations can be expected to change.

10 Trends
Positive civic actions are sensed with smart city technology and monetarily rewarded
Singapore will transit from Knowledge-Based Economy to Algorithm-Based Economy by 2030 in the advent of Algorithmic Age.
Because everyday is a Fashion Show and the world is our Runway ….. The dominant use of 3D printing in homes will be for clothes
Transitioning to the Zero emissions , Zero waste economy
Organizations work in buildings according to schedule. People sleep, work, shop in buildings. Simulation software adjust flow of money.
Asean members should collaborate to establish Asean Economic Community in a close-knit network that reflects indigenous kampung spirt
Competition to stay relevant demands that companies reinvent themselves or mak way for smaller companies that can charge less and do more.
Digital & Cryptocurrencies like Bitcoin will revolutionize the economy sector, Large funds can be anonymously sent and received.
New companies would emerge where office spaces are no longer required and work can be done anywhere. Our economy would move to IT-centric.
Having a cashless society where every payment and transcation can be made through payment apps using a mobile device