TrendfortNextYears

TrendsfortheNext50Years

Thisreportwascreatedunder

Centerforthe

thedirectionoftheIECente

Governanceof

theGovernanceofChange

Reporthighlights3introduction

6

Chapter1

EmergingTechnologies,Governance,andEthics17

Chapter2

EconomyandProsperity33

Chapter

3

EnvironmentandClimateCrisis

49

Chapter

4

ExistentialRisks

62

Chapter5

EducationandtheFuture

ofKnowledge

73

conclusion

90

contributors

96

highlights

Inthenext50ycitizensfromG2believethat…

highlight

ArtiicialIntelligencewillseamleintegrateintoourdailylives,enproductivityintheworkplace.

healthPersonalizedAhealthccareempoweredbytheadvbiotechnology,will

biotechofhope.

nology

Thepopulationwillwealtbericherinthefuture,butthedistributionofwealthwillbedistrimoreunequal.

tion

Achangingjobmarkepotentiallygrowingjobunemploymentwillre

enhancingskillsandmarketnewtechnologies.

highlight

Theclimatecrisiswillworsen,yetagovernmentclima-ledenergytransitionmaypavetheway

foragreenerfuture.

cris

collaboIncaseofacatastthatputshumanity

ratingcitizenswouldtrythethreat,mobiliz

with collaboratingwith

others

Educationwillplayapivotal

roleinshapingthefuture,withAI-ledclassroomsEducaandemphasisoninnovationand

entrepreneurship.tioTheHumanitieswill

inthefutureofknholisticunderliningaholisthatcombinestechn

approachhumanvalues.

introduct

introductio

50yearsago,thefuturistAlvShock",abookinwhichheintroacutedisorientationcausedbychangeinashorttimespan.Hacceleratedpaceoftechnologadvancementswouldleavenumerfeelingalienated,leadingtosheightenedstress.ToflerfurththesocietalchallengesfacedweofthisFutureShock[1]

AmongTofler'spredictions,oremarkablewastheanticipationinternet,foreseeingthataknowouldeclipsethepost-industritodayevidentwhenconsideringeconomyhasbeengrowingatan10%,outpacingthegrowthofthHealsoforesawthedevelopment

Nevertheless,notallofTomaterialized.Forinstance,disintegrationofcities.Todaytheglobalpopulation,or4.4burbanareas.Projectionssuggesigurewillmorethandouble,wipeoplelivingincities.Toflerwouldinhabitartiicialcitiesthatremainsunrealized

ThedecadesinwhichToflerpenwitnessedtheinceptionoffuforesightstudies.Today,beyonfutureevents,foresightempoweshapeourresponsestotheopportunitiesofthenext50yeforanever-evolvingworld

Tofler,A.(1970).Futureshock.RandomHous

WorldBank.(2021).Digitaleconomyoverview/en/topic/digital-economy/overv

Schneider,K.(2016).AlvinTofler,AuthoroYorkTimes./2016/06/30/bfuture-shock-dies-at-87.html

introducti

Whatisforesight?

WhileToflerdidnotexplicitlyideasabout"futureshock"laithediscipline.Theterminolomuddled,withtermslike"fores"prediction"bandiedaboutinteinaccurately

Forecastingisthescienceofpmightholdbasedonthelessoneverydayexercise,akintothewishingonehadpriorknowleevents[4]

Foresight,however,isnotjustthefuture;it'sanactiveextomorrows,wheretheaimisnotprepare.Throughacombinationarratives,andimmersiveexpseekstopushboundaries,steconventional,andpre-emptingandpitfallsinourever-evolvi

Pundhir,A.(2020).TimeSeriesForecasting/analytics-vidhya/time-series-forecas

Hajizadeh,A.,&Valliere,D.(2021).Entrefutureopportunities.Futures,135,102876.httj.futures.2021.102876

introducti

Why

foresight?

“Thefuturecpredicted,bucanbeinvent

DennisGarborInthenext50years,changewi(1971Physics

NobelPrizetheriseofgenerativeAIandLaureate).[1]technologies,ourworldwill

preparehumanityforthesechannavigatethemeffectively,itengageinforesightexercisesactiveparticipationfromalls

Thequantiiablebeneitsoffortoday'slandscape,asshownby

Inthelastfewyears,UNICEFstrategicforesightwork,analmegatrendswithimplicationsfbeingandUNICEF'smission.Thglobalhealthcrises,inequaldynamics,globalmigration,antechnologyoneducationandempchild-centeredforesightapproavariouscountryofices,suchatrendshavebeenusedtodevscenarios.Theseeffortshavelof17criticalthemesandthelookingactionplanwithintheprogram[6].

Gabor,D.(1963).InventingtheFuture(Sec(pp.184-185).

introducti

AnotherexampleisNetlix,wprimarilyaDVDrentalcompancompanynoticedthesocietalshmedia.In2007,theyinvestediandsecuredcontentlicensingatheironlinestreamingservicegarnered30millionstreaming2023,theyhave238.39milworldwide[9],leadingtoanannmillionin2022[10].Foresightearlyandbecomeadominantentertainmentindustry

Academicliteraturealsosuppor“Corporateforesightanditsperformance:AlongitudinalanandKumdemonstratedthatirmspreparednesssigniicantlyoutpeachievinga33%higherproitabigrowthin2015.Conversely,irmfuturepreparednessfacedaperangingfrom37%to108%,underoleofstrategicforesightin

SchoolofInternationalFutures(SOIF).(20foresightingovernmentsaroundtheworld-fulforScience.https://assets.publishing.service.media/609aa813d3bf7f2888d18fe3/effective-systemreport.pdf.01

VanderPijl,P.(2019).HowNetlixshifttservice,fromDVDtostreaming[LinkedInpost]./pulse/how-netlix-shift-businesvan-der-pijl

Statista.(2023).Netlix:numberofsubscri/statistics/250934/quarterly-nusubscribers-worldwide

Statista.(2023).Netlix:quarterlyrevenustatistics/273883/netlixs-quarterly-revenue

Rohrbeck,R.,&Kum,M.E.(2018).Corporaperformance:Alongitudinalanalysis.TechnologChange,129,105-116./10.1016/j

introducti

WhyIEUniversianditsCentertheGovernanceChange?

Oneofthemissionsofacadindividualsandsocietieswithanticipateandadapttoupcomopportunities,particularlywiByunderstandingtheevolvilandscapeandshiftingsocietcanempowercitizenstoimaginabletoimaginethefuture,sopassiveobserver,butanactithecourseoftechnologytowainclusive,empowering,andaliwell-beingofhumanity

AsIEUniversitymarksitsinnovativeteaching,impact-opurposefulsocialengagementcommunitylooksforwardtothrenewedenergyandthesamecothefutureofeducationasag

Tocontributewithvaluablemission,theCenterfortheGtheappliedresearchinstitutstudiesthesocialimpactofetechnologiesandleveragesfgovernancesolutions-hasusetoconductaforesightexercianalyzessomeofthebigglobaofchangethatwilldetermineinthe2070s.

introducti

Foresightpowerebycollectiveintelligence.

“Incaseswheremattsocialareconsiderestructureisthepubthemostpowerfulstnotengineersorinvordinarypeople.”

YuichiWashidaThisreportharnessescollect(Hitotsubashi

valuableindingsoftenemergeUniversity)and

AkihisaYahatagroups ofpeopleco-developne

(JapanResearch

Institute).existingonesasagroup.Thiinvolvesengagingcitizens,

internationalorganizations,antheprocessofthinkingaboutttranscendsthetraditionalnotifew"gurus"andinsteadfosterencompassingbothpublicopinio

Byincorporatingtheperceptionviewsofexperts,wechallengetobemoreintentionalandinclthediscipline.DataexpertStthatthewayinwhichaquestdetermines,orattheveryleastheanswersobtained.Inaneexponentialgrowthofinformatinotonlytouseexistingdataquestions,butalsotoconsiderpublicopinion.

Leimeister,J.M.(2010).CollectiveintelSystemsEngineering,2(4),245–248

Malone,T.,Laubacher,R.,&Dellarocas,Cgenome,MITSloanManagementReview51

introducti

Wehopetheinsightsfeaturedforesightprofessionalsanddatquantitativevariables,withpudriverforfuturesresearch.Thenrichtheliteratureofforesiscienceofforecasting.Moreoveopportunitytoexploreresiliforesightallowsustoassescommunitiesaregettingreadyinsightscanguidepracticalainternationalorganizations,aidentifytrendsinresiliencesupport.

Methodology

Weoptedtousesurveysasamcollectiveintelligenceintoth

Traditionally,focusgroupshamethodtoaddressbroaderenvironmental,orculturalthsurveys[14].However,thereasurveyshavebeeneffectivelyutoaddressmoreexpansiveissue

Surveysserveasapivotalinstincitizens’behavioralpatterelectricvehicleproductionsursurveystodiscernconsumeranticipateemergingmarketdyna

InAustralia,forexample,acombinedtraditionalscenariop

Chambers,I.,etal.(2019).ApublicopinAustraliain2050.Futures,107,119-132.https

Chan,L.,&Daim,T.(2012).Exploringthestudiesoninnovation:CaseofBRICcountries.

introducti

opinionsurveymethodologies.identiiedkeydriversforenAustrleveragedthesedriversuretocrafscenariosforthecountryby205

Similarly,inJapan,researcherutilizedsurveysaspartoftefforts,acrucialforesightearchmeaimedtoevaluatethepredictivscenariosdevelopedthroughhori

TheChineseAcademyofScienconductinglong-termtechnologyemphasizingtheroleofsurveyactivities[18]

Inourpursuitofcollectivewei

haveoptedforanissue-centere

asarticulatedbyAmanatidouusedet

amethodologythatdrawsinspi

one of the most consolidated

harnessingcollectiveintelligeroved

byGreen,K.C.,Armstrong,08)[20]J.S

Ibid

Washida,Y.,&Yahata,A.(2020).Predictiscenarios.Foresight-Thejournaloffuturest23(1),17-32./10.1108/FS-05-202

Dreyer,I.,&Stang,G.(2013).Foresightaroundtheworld.EuropeanUnionInstitutefor[19]Amanatidou,E.,Butter,M.,Carabias,V.,KSchaper-Rinkel,P.andvanRij,V.(2012),“Onscanning:lessonsfrominitiatingpolicydialogandPublicPolicy,Vol.39No.2,pp.208-221

Green,K.C.,Armstrong,J.S.,&Graefe,fromGroups:DelphiandPredictionMarketsCompssrn.1153124

introducti

Ourprocessunfoldoverthreeiter

1stiteration

consolidatedscenarioforesightframeworks

Weinitiatedouranalysisbyforesightframeworksandspecscenarios,inthecontextofplanning,refertoimaginativeaboutdifferentpotentialfutstepallowedustobuilduponandframeworksthatareexplai

2nditeration

surveyinG20countri

Movingintotheseconditeratscenariosbyintegratingpublscenarios,wederivedasetoposedtoacarefullyselectedacross20countries(the19cG20,plusSpain):Argentina,China,France,Germany,IndiaMexico,SouthKorea,Russia,Africa,Spain,Turkey,theUnUnitedStates.Thissamplesrespondentspercountry,isrepresentative,boastinga955%marginoferror.Oursadistributionofeachcountry’region,age,andgender.

introducti

RespondentswerepartofrecurbyNetquestorafiliatedcompasocialmedia,directmailing,ootherrespondents.Theyreceiincentivesforrespondingtoea

Intheanalysis,responsescateorleftunansweredweretreated

3rditeration

apaneloffuturists

Finally,apanelofninefutuexpertsanalyzedtheindings,results,andproposedtheoriesanticipatewillshapethenextclassiiedinto5categories

EmergingTechnologies,GovernEconomyandProsperit

EnvironmentandClimateCrisiExistentialRisk.

EducationandtheFutureofK

Additionally,theDeansofIEUthisreportbysharingtheirpedriversofchangefortheupcom

Chapter1

EmergingTechnolGovernance,and

Trendsfor

theNex

Years

chapter

Inanagedeinedbytheraptechnologicaladvancement,thetransformativetechnologiesandimensionsofinnovationholdsigniicanceforthenext50yeaasocietyregardingthegovernIntelligenceortheuseofbiobodieswillhaveprofoundimplfutureofhumankind.Thesechoinotonlytheprogressandwelcommunitiesbutalsotheveryemeanstobehuman

OuranalysisfoundthatthereamongG20citizenswhenitcomtechnologicalscenarios.Citibetweenafuturewheretechnounprecedentedsocietalprogressmarkedbyincreasedsurveillandilemmas.However,thereisagrkeypoints:thepositiveroleoivedecadesfromnowandtheuaddresstheclimatecrisisasochallengeinthefuture.

Tofler,A.(1970).Futureshock.RandomHou

WorldBank.(2021).Digitaleconomyovervie/en/topic/digital-economy/over

Schneider,K.(2016).AlvinTofler,AuthorYorkTimes./2016/06/30/future-shock-dies-at-87.html

chapter

TECHNOLOGICALCHALLENGES

Askedtorankfourtech-relateimportanttheywillbein50yeplaceenvironmentalconcernsirthegrowingurgencyofaddressievidentinrecord-breakingtemrecentsurgeinextremeweatherpastsummer.Itcanalsobeagrowingcoverageoftheclimateandtheincreasinglyworryingfromthescientiiccommunity

Thereisatiefortheseconchallengein50years'time.Oconcernaboutgrowingsocietexacerbatedbytechnology,andmasssurveillanceandgovernmenranking.Transhumanidentity(iboundariesbetweenhumansandrankedlast.

Q1.1.

Inyouropinion,whichofthefollowingmostwillrelevantbetheethicalchallpresentedgbytechnologyin50years’time?

22%GrowingSocietal

inequalities

exacerbatedby

technology.

Mass21%surveillance

andgovernment

control.

19%

38%

Transhumanidentity,

blurringtheboundaries

Competitionfornatural

ofhumansand

resourcesand

machines.

environmentalconcerns.

Amongthe20countriessurveyedChinaaresurprisinglytheleastsurveillanceandgovernmentconthisasthetech-relatedchallenwillbethemostrelevantinthinChinacontrastswithaglobalinstance,31%intheUnitedStatKingdomandGermany,and16%inwheninternationalhumanrightscriticizeChina’sgovernmentfortosurveilitspopulationonremarkabletoobservethatCthemselvesappeartoberelativethisissue.

chapter

OneofthemoststrikingtrendswasthedivergenceinfocusbetwMiddleEasterncountriesandtheThesecountriesseemedtotakefuturisticpotentialandrisksofseriouslythandidmostoftheretherisksoftranshumanism,thetransformeveryaspectofhumanbiodisastersandthepromiseexistenceallmuchhigheronavpartsoftheworld

WhetheroneagreeswiththeseperishardtodenythatthosewhogrwithpotentiallytransformativelikeliesttoshapethefutureweandMiddleEasternersseemtobemorethantherestoftheworld,whohavepredictedthatthenext“Asiancentury”.ThemostvitaldemocracyIhaveseenhavebeenTaipei,andthemostcoherentemightbeused(forbetterorworsemanatefromChina.ManyrightincreasinglygravitatetowardsInthantheUnitedStates.Onallideologicalspectrum,wemayexpeAsia.

GlenWey

HeadofWeb3researchatMicrosandFounderofRadicalxChange

THEAGEOFAI

Theexponentialgrowthofgeneraabilitytocreatehuman-liketexbeenahallmarkofrecenttadvancement.Itsimplicationsfofar-reaching,withthepotentialwecommunicate,learn,andaccesThispromptscriticaldiscussiodisinformation,jobautomation,dynamicsofhuman-AIcollaborati

ThereisapositiveglobaloutlroleofAIinoursocietiesivenearlyhalfoftheG20citizensworldwhereAI'sseamlessintegdailylivesenhancesourprodoptimisticoutlookshowsthatciforwardtoafuturewhereAIisally,particularlyatwork.Inccouldpotentiallytranslateintopavingthewayforimprovedlivimoreleisuretime.Thisalignswconsensusregardingthefuturegenerallyperceivedaspromisingbusinessleaders,academics,itechnologists.

Q1.2.

WhichofthefollowingArtiicialIntelligencescenariosdoyoubelieveismostlikelytooccurby2073?

33%AItakesoverand

shapesallaspectsof

humanexistence

20%Concernssurrounding

AIethicsleadtoa

declineinAIusage

47%AIbecomesseamles

integratedintoda

helpingusatwo

chapter

Fromyourperspectiyouanticipatebeininluentialdriversthenext50years?

IntherealmoftechnologyandgoIntelligence(AI)standsasthemincontemporarydiscussions.Itsextendsacrossmultiplesectors,energy,primarilybecauseofitsbusinessmodelsintheseareas.HapproachAIwithcautionandfregulation,albeitwell-inteninadvertentlydisadvantagethoseThecruxofAIgovernanceliescircumstancesunderwhichAIcantakingintoaccountthespeciiciFurthermore,it'simperativetotechnicalspeciicityinregulatiooftechnologyoftenoutpacesregurenderingthemobsoleteiftheyaThus,abalancedapproachisesseinnovationandpublicsafety.

IkhlaqSidh

Deanof IESchoolofScience

andTechnology

chapter

Overall,80%ofsurveyparticipantsakeyroleinoursocietiesenvisioninganexpandedroleIntelligence,whereAIwouldsieveryaspectofhumanWhilexistethisperspectiveisnotinherentlyimportanttonotethatthephsurvey,suggestingthatAImigcertainworrisomeimplications

Only20%ofparticipantsbelievedecreaseiniftyThereyears’istherefime.widespreadbeliefinthegrowiandinluenceofAIworldwide

ThecountrieswhererespondenexpectationsregardingthepotkeyroleinoursocietiesbyIndonesia(89%),andSouthAfrskepticalcountriesinoursurv(72%),theUK(73%),andAustraadividebetween,ontheonehand,ontheotherhand,theAwhereconcernsaboutAIethicspronounced.Infact,theseconenoughinthelatterregionstportionofthepopulationtobewilldiminish.

chapter

Fromyourperspectiyouanticipatebeininluentialdriversthenext50years?

Digitaltransformation,inpartimostinluentialdriversofchangimpactamongdisciplinessuchasandlaw.Governments,companies,embracingtechnology,shouldgotheconcernforamoreequalsocibeneitfromthedigitaltransrespectingethicalandlegalissprivacy,dataprotection,freeconsumersrights?Andhowcansdigitalimmersiontobuildamorpromotetheruleoflawgloballyaccesstojusticeworldwide?ThemostrelevantquestionsweaskregulationofAIiskeytoguaranwillallowgovernment,business,gaineficiencyandtogrowandcreateaframeworktolimittheprofessionalswillplayakeyrimplementingtheappropriateregallowcountriesandcompaniestechnologyandAIandatthesametrustedenvironmentforinnovatio

SoledadAtienzaBecerriDeanofIELawSchool

THEFUTUREOFHEALTHCARE

Theevolvinglandscapeofbiotthepromiseofreshapingnotonalsotheveryfabricofouradvancementsinbiotechnologyexpectations,withtheprospectgenetictreatmentsandinnovasolutionsonthehorizon.Atconcernsaboutthepotentialrconsiderationsthatthisjournefrontiermaybring,areemerging

48%ofcitizensarehopefulan

2073wewillhaveadvancedhealpersonalizedgenetictreatmentsthinkthat,bythen,amajorcacausedwidespreaddistrustinrespondentsaremoreoptimistipotentialofpersonalizedgenetenhancehealthcare:53%ofovdeemthisscenariolikely,compto24-year-olds.Perhaps,toaownpersonalhealthsituationltobelieveinthepotentialhealthcare.

chapter

Q1.3.

WhichoftheBiotechnologyfollowingscenariosdoyoubelieveismostooccurby2073?

Strict22%regulationsAmajor31%catastrophe48%Advancedhealthcasafeguardfosterswidespreadthroughpersonalizagainstdistrustinbiotechgenetictreatment

Therelativelyoptimisticviewinfact,supportedbyanumberForexample,theJournalofTrpublishedin2020anarticle[2“theimplementationofpersonaresultinmoreeficientandeaccesstomodernhealthcaremetcontrolbyindividualsoftheiraseconomicdevelopmentintheh

Vicente,A.M.,Ballensiefen,W.&J?nsson,transformhealthcareby2030:theICPerMedvisi

DIGITALAFTERLIFE

Inrecentyears,theconceptofhasgainedattentionasatopiconlineandinpopularculture.aroundthepersistenceofone'consciousnessontheinternetafdemise.Asourlivesbecomeintertwinedwiththedigitalrewhathappenstoouronlinepersafterwe'regonehasbecomearestudy.Infact,inaresearcharNatureHumanBehavior,ethicisOxfordInternetInstituteargutreatingpeople’sdigital“remaiphysicalhumanremains

31%ofcitizensofG20countriesadigitalafterlifepresence.novelty,radicalnature,andunconcept,aswellasthechacomprehendingitsimplications,nearlyone-thirdofrespondentsspeaksvolumesaboutitspotenreadinessofasigniicantporpopulationtoembracethisjourn

?hman,C.,Floridi,L.Anethicalframeworkindustry.NatHumBehav2,318–320(2018).

chapter

Q1.4.

Ifyouwereafterofferedyourthatdeathyourpresenceorconsciousnessonthe,internetwouldyouaccept?

31%41% 17%

YES,Iwouldliketo

haveadigital

afterlifepresence.

69%NO,Iprefernotto

haveadigital

presenceafter

death.

Thedesireforadigitalaftpronouncedintwocountries,Chthemajorityofrespondentsexwithiguresreaching64%and62countrieswherethisprospectiGermany(only13%wouldaccepttheUnitedKingdom(16%),andpointstoasubstantialdivideAsiaandthewesternworld.Inpredictably,youngerrespondenthavetheirpresenceorconsciouaftertheirdeath.41%ofthoseit,comparedwithonly17%oft

chapter

OnTechnologicalChallenges

Ibelievethatthefourchallengesthatdeeperchallenge,whichisthefactthdecidehowthefutureisgoingtobean

Asclimatecrisisprogressesandsomersomepeople(noteveryone)willhaveawillhelpthemtoadaptbettertotheThatwilleventuallytriggermoresociaresponsewillbeanescalationinreprebe.Sofar,criseshavebeenoverwhelmiandlibertiesand,inmorethanafprogressionhasbeenpresentedasafrmanypeoplehavegoneforsecurity

AshisNandysaidlongagothattheonlighting,istheighttokeepthefuturethepriorityistoexpandthefutureawfromwhichtodealwiththerest

Finally,I’mnottotallyconvincedthmoralproblemsusingcurrentethicalpa

OnArtiicialIntelligenc

IthinkthatAIwillbeintegratedinlifelongbefore2073.Ifweanalyzechangedourlivesin30years,wemustforAI,evenmoreso,giventhehypeawehaveofit.

chapter

Oneofthemaintraitsofpostnormalusdonothaveaclueaboutwhatishsenses,isakindof‘greatwhitehopday.Itsdeploymentwillbeproblematfrequently,butifthelearningcapactoimproveitsperformanceenoughto

Thisdoesnotprecludethatitcouldcontrol.ButIstillbelievethatmanAIisatthewheel

OntheFutureofHealthcar

IbelievethattheirstandtheseconItispossiblethatsomekindofdispossiblethatsuchanoccurrencemabiotechnology.Inmanysenses,thisCovid.Rightnow,agreateffortisbtreatment,andithasahugepotentiaNotonlythat,butthesekindoftrwindowofopportunityforprevention.newregulationsmayalsoemerge.Butreallystopand,evenifitdoesinmeanthattheresearchwillmovetoo

OnDigitalAfterlif

Therehasbeenresearchonhowtoprsometimealready,or,asinthiscastosomesortofdigitalenvironment.isjustanotherconcernforrichpeostruggletomakeendsmeet,thisseemit?Inotherregards,italsomakesm2.0’development.Insteadofgoingtotailoreddigitalspace.This,ofcourtakescareofthedigitalpersonas,uwhatprice?Attheendoftheday,icolonisation.

JordiSerradelPinDeputyDirectoratthePostnormalPolicy&Fu

Chapter2

EconomyandPro

Trendsfor

theNex

Years

chapter

Inthenext50years,theG20undergoaprofoundtransformatitechnologywillplayapivotalexploresvariousdimensionsoffuture,encompassingwealthinancialprospects,andtheevwork.Itoffersaglimpseintgeopoliticalshiftsthatliepictureofthetechnology-drilandscapethatawaitsfuturege

AsubstantialpercentageofG20amoreprosperousfuturefortheircountry,yetanoticeableemerges,withthelattershooptimism.AmidstincreasingdisdistributionacrossmanyG20coprevailingconsensusamongciteconomywillbecomeevenmorethenextivedecades.Tonauncertainties,citizensarecoresiliencestrategies,suchasandincreasedtechnologicallit

chapter

FINANCIALFUTURES

Theinancialaspirationsandscenariosofcitizenscanproeconomictrajectoryofanatioguidebehaviorssuchasinvesconsumption.Weobserveareloutlook,especiallyamongBRICG20nations

Alargerproportionofcitizenthattheyandtheirdescendantnext50years,surpassingthenwhoanticipateadeclineinthNotably,Indonesiansarethemtheirinancialfuture,with75view.Incontrast,nearlyhalfItalians(46%),alongwith41%anticipateadeclineintheiri

Q1.2.

Howdoyouinancialthinkthe

situatwillonchangeforyouandyourdescendantsby2073?

BRAZIL63%16%

21%

RUSSIA

57%

20%

ITALY

28%

34%

15%

46%

TIYEKRü38%27%

25%

KAERO

30%

SHTUO41%29%

INDONESIA75%20%

5%

Theseiguresaresomewhatlink

Richer

economicsituationoftheirco

moderate

positivecorrelation

inancialoptimismandthepro

Remainssimilar

growthoftheirnations.Wecom

Poorer

ofcitizenswhobelievetheyor

bewealthierinthenext50yea

Monetary

Fund's(IMF)projected

for2023.TheSpearman'sRankC

wasfoundtobeapproximately0

However,theperceptionofone'futureandthatoftheircountrysigniicantly,asseeninthecon

Chinesecitizensareoptimisticeconomictrajectory,with82%bebewealthierby2073.However,wpersonalinancialoutlook,fewerimprovement.ThissuggestsconidmacroeconomicpoliciesandgrowreservationsaboutindividualprSouthAfrica,there'sastrongefamilialeconomicadvancementthoveralleconomicfuture.

Inthisanalysis,Spearman'srankcorrelatusingtheformula

ρ=1-6Σd2/[n(n2-1)],wheredrepresentsvalues,andnisthenumberofcountries(20inapproximately0.5667,indicatingamoderatecooptimismandIMF's2023projectedgrowthrates.convertedintoat-valueusingtheformula:t=offreedom,thecalculatedt-value(2.404)e(approximately2.101),conirmingastatisticallypublicsentimentandeconomicprojectionsforthe[DG1]Inthe29footnote,makesurethatformulas

Differencebetweencitizensthe%ofthattheywillbericherandtthinktheirthatcountrywillberich

Moretrust

32%

inpersonal

18%

14%

VScountry

12%

10%13%

10%

8%

situation2%

BRAZIL

2%

china

5%7%

india

indonesia

italy

3%4%

Russia

Saudiarabia

southafrica

7%

turkey

5%

unitedstates

Argentina

Australia

CAnadá

FRANCE

germany

japan

KOREA

mexico

spain

UK

Moretrust

-3%

-10%

-6%

incountry

-15%

VSpersonal

situation

Inthisgraph, a positiveig

percentageofindividualswho

descendantswillbericher,co

individualswhothinkthatthe

Anegativepercentage,onthe

higherpercentageofindividua

countrywillberichercompar

individualswhothinkthatthwillbericher.

chapter

RespondentshailingfromcountriessChina,orSaudiArabiaexhibitarobuitcomestothefuture.Thisoptimismtheremarkableeconomicgrowthandsthesecountriesarecurrentlyunderghopefulabouttheirpersonalprospecaboutth