This is the season for top-10 lists of predictions for the year ahead. Here is my one annual prediction for what will dominate the year ahead.
Recovery. That’s the prediction for ‘21. And that’s going to make technology even more important.
Covid-19 is horrible, and we’re not out of the woods yet. But the vaccines have arrived, and will be reaching hundreds of millions of people in early ‘21.
With the weight of Covid gradually lifting, things may bloom into what UCLA economists are predicting to be another “Roaring 20s.” If vaccinations go as planned, they predict, the nation’s gross domestic product will grow from 1.2% in the current quarter to 6% in the second quarter of 2021, thanks to pent-up demand.
Corporate surveys exhibit a similar bullishness. A survey of financial executives by BillingPlatform in…