By 2050, more countries are likely to be defined as superpowers, joining the United States and creating a multipolar world order. Extrapolating current economic, geopolitical, and demographic trends would suggest that China is likely to become a new superpower, although its economy is currently faltering.
China – The world's manufacturing hub, China is expected to be most powerful economy by 2050. A number of leading organizations such as United Nations, World Bank and European Union have also indicated towards China's rising influence in world order.
China, India, and the United States will emerge as the world's three largest economies in 2050, with a total real U.S. dollar GDP of 70 percent more than the GDP of all the other G20 countries combined. In China and India alone, GDP is predicted to increase by nearly $60 trillion, the current size of the world economy.
Political experts have also considered India as one of the possible emerging superpowers of the world along with China, Brazil, Russia, and the European Union. Currently, only the United States fulfills the criteria to be considered a global superpower.
Australia can become a renewable superpower provided it doesn't have to waste too much energy moving stuff around. Most of the energy in the world is used to move products and people from one place to another. And that is one of the main reasons that has led to increases in emissions during the era of globalisation.
According to a recent report by Harvard University, “From economic complexity growth estimates, India is growing at the annual list at the rate of 7.9 percent as the fastest growing country for the coming decade.
Africa and the Arab World will shape our future, while Europe and Asia will recede in their influence. By the end of the century, the world will be multipolar, with India, Nigeria, China, and the US the dominant powers. This will truly be a new world and one we should be preparing for today.”
"China will be unable to surpass the U.S. economically, even after 2036," JCER said, due to slower productivity gains coupled with labor shortages. The Communist Party of China has set two long-term targets for 2035 and the middle of this century in amendments to the constitution made in October.
The United Nations says that sometime in 2023, India will officially overtake China as the most populous country in the world. It may actually have happened already: India hasn't had a census since 2011.
There will be 10bn people in the world and the great demographic division will be one of age. The relatively young regions—Africa, and to a lesser extent the Indian subcontinent—will be fast-growing and often chaotic. Older regions, such as continental Europe and Japan, will be even more cautious and inward-looking.
By 2050, China is forecasted to have a gross domestic product of over 58 trillion U.S. dollars.
On the low end, the UN estimates the year 2300 will see only 2.3 billion people walking the Earth, fewer than we saw in 1940. On the high end, it predicts 36 billion — five times the current size. But tucked in the middle is a number it forecasts will hold steady from approximately 2050 onward: 9 billion.
In 2050, artificial intelligence can outperform humans in a majority of professions. AI software can outmatch humans in white-collar jobs involving constructing company reports, market research, and most administrative functions. In some scenarios, they can also write screenplays, make music, write novels, and more.
The world population is expected to reach 8.5 billion people by 2030. India will overtake China as the most populated country on Earth. Nigeria will overtake the US as the third most populous country in the world. The fastest-growing demographic will be the elderly: 65+ people will hit one billion by 2030.
Technology forecasts for 2027
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The average person in 2040 could have: A highly-detailed and realistic 3d avatar with several pre-set outfits along with hundreds or thousands of individual clothing items to choose from. Decorated 3d home space containing doorways to their bookmarked metaverse worlds.
The next exceptional technology trend - Virtual Reality (VR) and Augmented Reality (AR), and Extended Reality (ER). VR immerses the user in an environment while AR enhances their environment.
Reason One. According to the United Nations, Australia is the second-best country in the world to live, due to its excellent quality of life index. The UN establishes a qualification, also known as the Human Development Index, based on an annual survey of social progress and economic indexes of the 187 countries.