For several thousand years, the progress of our civilization was rather flat. At the end of the 18th century, suddenly prosperity, due to technological inventions, increased rapidly. This leap in progress was triggered by developments in mechanical engineering, chemistry, metallurgy and other areas, known as industrial revolution today.

At that time, pure physical work was increasingly replaced by steam powered machines and the technological progress fundamentally changed how people have worked and lived. The second industrial revolution was driven by the invention of electricity, and this was followed by the third, the age of information technology, which continues to the present day.

In the future, there will be many more different technological revolutions happening on a global scale even faster than in the past, with more opportunities as well as risks. From artificial intelligence, robotics, biotechnology, materials science, space industry, renewable energy to the metaverse, innovations will continue to change our everyday lives and solve major challenges such as climate change, resource scarcity, population growth, poverty and disease.

Although technology has brought us many benefits, it has also caused harm and will continue to do so, as its impact on society has too often been ignored or insufficiently understood.

I’m a futurist and social trader, and on this blog, I share my thoughts, ideas, and enthusiasm for technology, innovation, investing, and the future.