How close are we to different groundbreaking technologies?

What are your thoughts on how close society is to the next generation of revolutionary technologies?

For example,

  • Mars colonization
  • Civilian space exploration
  • Fully autonomous ride hailing
  • Consumer transport drones
  • Surgeons being replaced by robots

Plus any other technologies that you think are in the close or distant future.

 

https://patents.justia.com/inventor/salvatore-cezar-pais

Probably pretty close. The military is decades ahead of what we're currently using and the soft disclosures have already started - creation of the Space Force, the Navy coming out and confirming many sightings/filming of UFO's (High ranking Navy pilots confirming that the physics of the spacecraft they witnessed doesn't coincide with what we currently understand to be possible) , making area 51 into a meme, etc. etc. All of this is done with intention and is no coincidence. Either it's gas lighting or preparation for what's to come.

 

Mars colonization: Mars colonization is less of a technology issue, and more of an investment/engineering/political one. Throw enough money at it, and we can solve it with more or less modern tech. The biggest hurdle will be engineering a landing system big enough for crew carrying cargoes to safely land on Mars. The broader question of whether or not its even legal to set up extra-terrestrial colonies is still up in the air, and how to organize one that wouldn't collapse is gonna be difficult as well.

The big outstanding question for long term Mars colonization is whether or not humans can actually gestate, give birth to, and raise healthy offspring to adulthood in Martian gravity. If the answer to this is no, then tech solutions will be needed, either some form of human genetic engineering, artificial wombs, or the ability to artificially increase gravity (strapping someone into a centrifuge for 9 months likely isn't practical).

Civilian space exploration: Again, this isn't a tech question. The tech exists, if someone is wealthy enough and willing to pay to use it for private space exploration.

Fully autonomous ride hailing: In some places, this exists already. https://techcrunch.com/2019/11/01/hailing-a-driverless-ride-in-a-waymo/

Consumer transport drones: The tech is largely here, but significant regulatory hurdles remain, and profitability is a question that will need to be resolved. https://www.theverge.com/2019/11/1/20943407/ehang-flying-taxi-drone-ipo…

Surgeons being replaced by robots: Some parts of their jobs are already being replaced by automation, but fully replacing surgeons is likely not something that will happen for quite some time.

 
  1. Mars colonization is achievable now we just don't want to put the money to it atleast not yet.

  2. Civilian Space Exploration will probably be a thing within the next decade.

  3. Fully Autonomous vehicles I feel are again about a decade or more off

  4. Consumer transport drones, are we talking about delivering packages? If so that's a thing now on a small scale

  5. Robotic surgeons are quite a way off. Robots lack the ability to make true decisions and think on their feet like people. Until we are able to make a robot that can think faster or react as fast as the human brain or faster than I don't see this happening.

 

Closest one on your list is autonomous vehicles. I was very bullish on AVs since, I don't know, 2010. I've become less sanguine recently. It seems as though the last 2% is extraordinarily difficult. Then you've got the incredibly poor thinkers who will freak out over 1 robot death while we see human-driven traffic deaths increase annually into the 40,000 range. Then you've got the public transport nuts who will try to block progress with regulation. I think we're unfortunately looking at 20+ years for any kind of wide-ranging acceptance of AVs.

Mars colonization is just a scientifically stupid idea. We can't even colonize in any real way the less extreme but extreme climates on Earth where there is oxygen and Earth gravity. Colonizing the atmosphere of Venus makes so much more sense and is technologically feasible with today's technology. It's also much closer and has gravity similar to Earth's. Oh yeah, and all kinds of resources for sustaining a Venus colony can be extracted from the atmosphere. Humans colonizing Mars (not necessarily walking on it) is 100+ years away.

Array
 
Most Helpful

mars - never. the planet isn't dying, that's fear mongering. cost benefit analysis doesn't check out

civilian space travel - 5 years

fully autonomous ride hailing - assuming you mean autonomous that's safe? 40 years. semi autonomous for specific purposes (buses at airports taking you to parking lot, city buses going up and down one avenue, etc.), 5 years.

consumer transport drones - I don't think people will agree to it, so never

surgeons - fully replaced? maybe never, but mostly replaced within 10 years. it's already taking over pathology/radiology and lots of applications in difficult surgery

artificial intelligence - for rote stuff? easy, it's kinda already here. I don't ever think we'll have general AI until we have a full understanding of the human brain, which currently escapes science. not saying it's impossible, just saying I don't think you can program a fake brain until you understand fully the real one, and we don't have that yet

5G (in the US) - 10 years, technology could be there sooner, regulatory stuff won't be

entertainment industry - this is here now and will only continue to grow. algos can make music that youngins like, people will pay to see a concert of dead musicians in holographic form, etc. doesn't have much impact on people on WSO, but it will certainly change that industry

travel - I think AR travel is going to be a booming field. imagine being able to take your wheelchair bound grandma into the pyramids of egypt, the ruins of machu picchu, or atop mount everest. sure, it might be a niche play, but there are some places in this world I'd love to see but getting there is a major PITA

also, I'll say the classic bill gates quote about how we overestimate what's right around the corner (the guardian said by 2020 we'll be permanent backseat drivers, meaning fully autonomous) and underestimate what's a long time away (plenty of examples, like western union doubting the future popularity of the phone)

 
thebrofessor:
also, I'll say the classic bill gates quote about how we overestimate what's right around the corner (the guardian said by 2020 we'll be permanent backseat drivers, meaning fully autonomous) and underestimate what's a long time away (plenty of examples, like western union doubting the future popularity of the phone)

Arguably, everything you're saying here is debatable, but this is right on. Look at Back to the Future. We don't have flying cars but we do have access to all of human knowledge in our pocket.

Array
 

Enim aliquam temporibus totam dolor accusantium. Error et facere unde repudiandae nihil maxime consequatur optio. Molestiae id et animi veritatis. Voluptates animi corrupti deleniti soluta vel maiores.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”