History The graying of America has boosted the number of people over the age of 60 above the total number of Americans under the age of 18 for the first time in U.S. history this year, and the aging trend is projected to continue for decades to come. If trends continue at the current rate, economists estimate that by the early 2030s, tech innovation could dismantle and semi - automate roughly 38 percent of jobs in the U.S. alone In 20 years, Australia expects to double the number of people with a personal history of cancer to nearly two million. Consumer power is expected to shift over the next couple of decades, as developing countries industrialize and as people in the U.S. shift toward electric vehicles and renewable energy. The 2049 debt as a share of Gross Domestic Product (GDP) will be twice the size of the overall economy-vastly larger than ever before in US history. For the first time in modern history, the world's population is expected to virtually stop growing by the end of this century, due in large part to falling global fertility rates. Fhe first time in world history absolute growth in non-agricultural demand for water will exceed growth in agricultural demand, resulting in a fall in agriculture's share of total water consumption in developing countries from 86% in 1995 to 76% in 2025. Away from cloud, a major advancement that will bring change to the storage industry in 2018 is heat-assisted magnetic recording. Imec will use this year's 2018 Symposia on VLSI Technology and Circuits, to demonstrate for the first time the possibility of fabricating state-of-the-art spin-orbit torque MRAM (SOT-MRAM) devices on 300 mm wafers using CMOS compatible processes. North America is holding the largest market share currently for Shingled Magnetic Recording market due to the convergence of big data will create new opportunities for Shingled Magnetic Recording technology. Brand new heat-assisted magnetic recording drives will appear in 2017. An advance could find applications in quantum information processing, sensors and studies into the fundamental physics of quantum mechanics. DNA will be far better in terms of the scale of the data it can store and the time scale. MRAM is a technology that some are hoping will replace both long term storage devices and volatile memory (e.g. DRAM). Fundamental studies of the quantum mechanical behavior of electrons in materials will lead to an improved understanding of electrical and thermal conduction in a wide range of material systems. MRAM will soon replace conventional computer memory. Switching by spin transfer will be used in the next generation of MRAM and will bring great advantages in terms of precise addressing and low energy consumption. The next generation of MRAM is expected to have a much stronger impact on the technology of computers. Much more compact or even entirely new devices could be developed from magnetic nanomaterials such as the skyrmion-materials. Nanoparticles embedded in membranes will be used to inexpensively purify water. An energy-efficient source for the charge required to create spin currents could be provided. By 2020, for the first time in history, the number of people aged 65 and over will outnumber children aged five and under. Many more farms in all zones of Nigeria will lie fallow this year than at any time in recent history. See full forecast Last updated: 16 July 2019
