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60% Of Fortune 1000 Companies Will Be Out Of Business Within 10 Years

Authored by Ritesh Jain via WorldOutOfWhack.com,

I had written about some observation from singularity university almost 18 months back and if you look around then it seems everything is falling in place.

The original article below:

Singularity University, based in NASA Campus in Silicon Valley is the world’s leading learning-cum-incubator university for innovation and technology set-up in collaboration with NASA, Stanford etc and we had leading Silicon Valley entrepreneurs presenting here including the guy behind Google Maps.

OBSERVATIONS OF VARIOUS SPEAKERS THERE:

We are witnessing more disruption in human history over next 10-20 years than what we have seen in the last 20,000 years. Their prediction is that 60% of Fortune 1000 companies will be out of business in just next 10 years.

There is a convergence of exponential development & convergence of technologies and also business models across industries (Blockchain, Artificial Intelligence, Biotech & Genetics, 3D Printing, Solar Energy, Cellular Agriculture etc). These are no longer technologies in the lab, but are already commercialised. So a 10 year old for example will never need to go to college or ever get a driver’s

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