I think that industries which rely on coordinating and distributing information will eventually be replaced by cheaper, decentralized protocols. The less tethered their services are to producing physical goods, the less likely they will survive in an increasingly digital landscape.

Some examples:

• Social media: Likely to be replaced by Nostr or something similar.
• Transport: Companies like Uber do not supply the cars or the drivers, only the technology to organize them. Perhaps a driver reputation and coordination system will emerge that cuts out the middleman. Especially when self-driving cars start dominating the roads.
• Online marketplaces: Platforms like eBay do not provide the products, only the platform for buyers and sellers to coordinate trades. A multi-billion dollar company like eBay does not need to exist in a Nostr world.
• Education: All the information you can find at a university is already available online. While people also go for the experience, connections and facilities (like labs if you want to work in STEM), there is a LOT of fat that can be cut from academia. Like, 90% fat.
• Law and accounting firms: These survive based on managing data and understanding esoteric laws. They produce no physical goods. I suspect there won't be many human lawyers and accountants in a few decades.
• Governments: These survive based on controlling money and information, neither of which seems feasible in a Bitcoin + AI world. I don't expect them to disappear, but most likely will be declawed. That also goes for government-adjacent industries like military and social healthcare systems.

It sounds almost cliché, but the Westphalian nation-state model we've been under since 1648 is obsolete now. Networks of individuals themselves, regardless of their geographic location, can attain the sovereignty that heretofore has been limited to nation-states. Like tribes in cyberspace, where each individual person is a node in the network.

That doesn't mean political models like "The United States" or "France" will disappear. But I think we'll soon recognize the distinction between government and governance, between nation and nation-state, and so on.

It's rather difficult to predict the full ramifications of this, for the same reason someone in 1023 didn't yet realize what "The Middle Ages" would become.

20% of high school students are illiterate and the trend seems to be increasing so i think I text based stuff is going out.

We don't know what will happen in 20 years, why bother trying to predict how the world will work 120 years in the future? This assuming we are still around.

Every 10 years there is a new disruptive technology. Can we predict what they are? Probably not, but its fun to speculate. Here are some of those:

• high power technology in the hands of the individual requiring advances in high-power conduits such as high-temperature superconductors.
• free and abundant energy sources owned by the individual
• human-machine interfaces that bypass our five senses
• Better understanding of matter, energy and space, enabling
• • superluminal travel
• • superluminal communication
• • force fields
• • energy-matter conversion
• • synthetic gravity/antigravity

60 years ago we imagined these things would be here in perhaps 90 years from today. Will our grandchildren be living any of these realities?

One thing is certain; we cannot escape the bonds of tyranny without first breaking the chains of dependence on trust in authority-by-force and consequently fiat currency

I suspect we'll be using mostly nuclear power.

The reason a banking industry would continue to exist has to do with outsourcing risk analysis to a specialist whose reputation is at stake. There will still be lending on a bitcoin standard, since it enables consumption smoothing over a lifetime. Some people are going to offer a return on deposits and do the work of figuring out credit worthiness of potential borrowers.

To your actual question, I think the institution of coercive governance might disappear by 2140, or at least the industrial era nation states will.

purnhub

Either complete destruction of the human race due to war, or a type 1 civilization

That’s a long time horizon… financial organisations are more likely to evolve than disappear however.

All financial transactions will be conducted digitally, with cryptocurrency (in some form) being the predominant mode of payment. Centralised control of currencies will be a thing of the past as the market demands for decentralized control over the system.

Artificial intelligence will be closely integrated providing real-time market analysis and adaptive investment strategies. Automated trading algorithms will dominate markets, replacing human traders but their efficiency almost cancelling each other out and removing the opportunity for arbitrage or margin.

Banks and financial institutions will exist and have to work to ensure liquidity, store assets for high net worth individuals / organisations and facilitate trade as a trusted third party. Fiat mindset? Maybe. Not everyone will be able to cope..

Overall, the financial system will be driven by advanced technology regulated by government, with measures such as transparency, sustainability, and accountability competing with individual sovereignty, privacy, decentralisation and liberty.

But will it all collapse in a heap before we get there? …. #bitcoinforthewin

I think there will still be banks. banks intermediate lending and borrowing. I don't think people will not want to borrow money just because they use bitcoin

banks are also at the core of our corrupt states. our states are in a dysfunctional and abusive relationship with banking cartels. like organised crime won't disappear I don't think banks will disappear

I think or hope centralised power generation will be gone. I like to imagine the future will be energy abundant with free/low cost power and I think the innovations that will unleash will be wild

real estate as a store of value. instead value would shift with fads. No place will "go up forever" just like no song is always popular, and like how things go in and out of fashion. Maybe one decade people like the coast. Another decade people like the forest. Another decade people like desert, another people like skiing and snow climates. One decade urbanity is in fashion. Another decade solitude or suburbia. Then we can have a rural/farming decade. Who knows. But theres no real reason why a place would become valuable and stay that way forever and never lose an inch, other than by intentionally constricting the supply of housing because you want it to be a store of value, which is what currently happens. But people do that because they have the impetus to do that, because they are annoyed by inflation and struggle to find ways to avoid it, and housing presents itself as a relatively safe bet to them.

None that I’ll be alive to see