We are extending life expectancy by leaps and bounds through the miracles of science and technology.
Today, longevity doesn’t necessarily mean quality of life. It means, simply, surviving to a much older age.
Given the march of progress in the medical sciences, it may be safe to assume that over time, quality of life will also increase in the later years of life. As geriatric diseases become treatable, and even curable in certain cases, long life may also become more enjoyable through better health.
But there are other problems with longevity.
I live in the heart of Silicon Valley, right off Sand Hill Road, in Menlo Park, California. Supposedly, this is the seat of the modern Renaissance.
Technology is disrupting everything.
Technology will continue to disrupt everything for the foreseeable future.
While we focus a lot more on lean startups than startups that require capital to get going these days, fat startups still play an important role in developing large-scale success stories with significant, defensible, competitive advantages.
The bulk of the VC industry has moved away from the ‘fat startup’ category. Investors expect that you will have your product launched, customer acquisition model fleshed out fully, and a team in place before Series A.
However, infrastructure software, hardware, networking, chips – they all need capital. Even in cloud software, to build complex technology like personalization, analytics and artificial intelligence requires some serious investment.
The US Presidential election just concluded.
The rage of the white working class that is today poor and disenfranchised has propelled Donald Trump to the White House.
Majority of the college educated did not vote for Trump.
Large numbers, in fact, did not vote at all, finding Hillary Clinton equally uninspiring.
In my previous column, The Future: An Age of Idiocracy, I pointed out that more and more, the uninformed and the ignorant will be deciding on the future heads of states in the Western democracies. [This is already the case, by the way, in countries like India, where bulk of the voting population is uneducated, uninformed, and incapable of making rational choices.]