Technology Advancements in 2050 and How the World Will Look Like

Abstract

The last 100 years have shown technological progress at a tremendous pace. Simultaneously, the social, economic and political changes have also been influenced by the technological progress but at a slower pace. The present work makes the daring exercise of envisioning how the technological landscape will look like in the year 2050, not from a purely technical viewpoint, but also taking into account social, economic and political aspects. We come to the conclusion that there will be either a closed world, where access to technology is strictly controlled and innovation is possible only under a controlled environment or an open world where there is unrestricted access to technology and innovation continues to thrive, by being built on open systems .