The future holds significant potential for economic growth in North America, driven by the localization of industrial production and an anticipated demographic shift as millennials' children enter the market. Progress is expected to occur by 2040, resulting in a system resilient to international economic shocks, characterized by local workers serving local needs. While this transition may be challenging, it presents a compelling growth narrative rather than a mere abundance story. Moreover, advances in health and longevity promise to add two extra decades of healthy life, which could contribute an estimated $38 trillion to the global economy. This demographic shift will empower more individuals and augment economic activity, fostering optimism for the next two decades.
Today, humanity is thriving, but there are fears the good times will not last. Will tomorrow be better than today? Those arguing “yes” say people have better access to resources and technological advances are making us more prosperous. Those arguing “no” say there are widening socio-economic disparities, our globalized world is bound to collapse, and we’re not doing enough to fight climate change. Now we debate: Will the Future Be Abundant?
Arguing Yes: Peter Diamandis, Founder and Executive Chairman of the XPRIZE Foundation
Arguing No: Peter Zeihan, Geopolitical Strategist
Xenia Wickett, Geopolitical strategist and moderator at Wickett Advisory and Trustee of Transparency International UK, is the guest moderator.
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