The arrival of the Internet in the early 1990s is one of the latest paradigm shifts that has profoundly transformed the economy and people's lives.
The Internet was a change with such a radical (or almost as radical) impact, argues Jeff Desjardins, editor of the book "Visualizing Change: A Snapshot of Our Data-Based World," such as the creation of Nicolaus Copernicus's heliocentric model. of Albert Einstein's relativity.
In the business world, adds the founder of the Visual Capitalist website, Technological change is the most obvious way to drive change in markets.
But also the new consensus in this area can be driven by people (such as Steve Jobs, Warren or Jeff Bezos); by innovative models (such as SpaceX, Uber or Spotify); by changes in the mentality of consumers (such as the inclination towards renewable energies); or by changes in the balance of economic influence in the world (such as the rise of China).
"This means that great opportunities they can come from anywhere, "says Desjardins.
"Tomorrow's paradigm shift is happening somewhere today," he adds.
And it can come hand in hand with Africa's economic growth, the explosion of crypto-coins, the omnipresence of artificial intelligence, the green revolution, or any other site, notes the editor.
In this article, we have selected some of the forces that will change the future of the economy, according to the information in the book.
1. The invasion of technological giants
For decades, the world's leading companies had an industrial focus on large-scale mass production or the extraction and processing of natural resources.
This is the case of companies such as Ford, General Electric, Exxon or Mobil.
Over time, companies engaged in financing, telecom or product sales in the industry entered the top ten of the companies with the highest market value. retail.
But now technology and commerce have come together in such a way that information has become more valuable than physical assets.
The paradigm shift has accelerated so rapidly that in the last five years the list of the largest trading companies has changed radically, as the chart shows.
2. Increasing the speed of Chinese growth
Although not something new, what stands out is the speed with which the Chinese economy and technological development advances.
China currently has cities whose economic productivity is greater than that of entire countries.
In fact, the country has more than 100 cities with more than one million inhabitants. They were developed based on the creation of factories, the extraction of natural resources or the handling of data.
One example is the development of cities around the Yangtze River, where are located Shanghai, Suzhou, Hangzhou, Wuxi, Nantong, Ningbo, Nanjing and Changzhou.
The latter, with a Gross Domestic Product (GDP) of US $ 2.6 billion, higher than Italy.
For the time being, calculations indicate that between 2017 and 2019, China will be the fastest growing economy (35.2%) and, by 2030, will surpass the United States as the world's leading economy.
3. The increase in megacities
In the coming decades, the population growth of cities will transform the global economy.
Projections suggest that Western countries and China will see birth rates stabilized, while African countries and those in the rest of Asia will experience a boom demographic and rapid urbanization.
This phenomenon, much studied, is known as the emergence of megacities.
By the end of this century, Africa will be at least 13 megacities larger than New York.