Business

Environment

Politics

Media

Economy

Society

Family

Technology

Social Trends 2009 Selected Vocabulary

BUSINESS:

Outsourcing Backlash:

Risk:

CSR (Corporate Social Responsibility) aslo, corporate conscience:

Transparency:

ECONOMY

Deflation:

Inflation:

ENVIRONMENT

Urbanization:

Bio-fuel Backlash:

FAMILY

IMBYs:

Debt Stress:

Single family households:

MEDIA

Facebook fatigue:

Micro-boredom:

POLITICS

Virtual protests:

Fall of the U.S. empire:

SOCIETY

Enoughism:

Old skool:

TECHNOLOGY

Data security:

Device convergence:

Geo-fencing:

In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.[1] When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.

In economics, deflation is a decrease in the general price level of goods and services.[1] Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). This should not be confused with disinflation, a slow-down in the inflation rate (i.e., when inflation declines to lower levels).[2] Inflation reduces the real value of money over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods with the same amount of money over time.

Mercantilism is an economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism.[1] It includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods.

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A geo-fence is a virtual perimeter for a real-world geographic area.

Technological convergence is the tendency for different technological systems to evolve toward performing similar tasks. Digital convergence can refer to previously separate technologies such as voice (and telephony features), data (and productivity applications), and video that now share resources and interact with each other synergistically.

IMBY: In my backyard imby is the local social network—a virtual community designed to build real community. There are limitless ways to connect with your neighbors.

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A biofuel is a fuel that contains energy from geologically recent carbon fixation. These fuels are produced from living organisms. Examples of this carbon fixation occur in plants and microalgae. These fuels are made by a biomass conversion (biomass refers to recently living organisms, most often referring to plants or plant-derived materials). This biomass can be converted to convenient energy containing substances in three different ways: thermal conversion, chemical conversion, and biochemical conversion. This biomass conversion can result in fuel in solid, liquid, or gas form. This new biomass can be used for biofuels. Biofuels have increased in popularity because of rising oil prices and the need for energy security.

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A decade ago, those monotonous minutes were just a fact of life: time ticking away, as you gazed idly into space, stood in line, or sat in bumper-to-bumper traffic.

Boredom's doldrums were unavoidable, yet also a primordial soup for some of life's most quintessentially human moments. Jostled by a stranger's cart in the express checkout line, thoughts of a loved one might come to mind. A long drive home after a frustrating day could force ruminations. A pang of homesickness at the start of a plane ride might put a journey in perspective.

Increasingly, these empty moments are being saturated with productivity, communication, and the digital distractions offered by an ever-expanding array of slick mobile devices. A few years ago, cellphone maker Motorola even began using the word "microboredom" to describe the ever-smaller slices of free time from which new mobile technology offers an escape.

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ENOUGHISM (Noun) It is the theory that there is a point where consumers possess everything they need, and buying more would actually make them worse off. It emphasizes less spending and more buying restraint. It is the antonym for Consumerism.

OLD SKOOL 1. derived from "old is kool" becoming "old's kool" and then becoming "old skool"

meaning old is cool.

2. something that is out of date.

The idiom "red herring" is used to refer to something that misleads or distracts from the relevant or important issue.[1] It may be either a logical fallacy or a literary device that leads readers or characters towards a false conclusion. A red herring might be intentionally used, such as in mystery fiction or as part of a rhetorical strategy (e.g. in politics), or it could be inadvertently used during argumentation as a result of poor logic.

"GRIN" TECH, for Genetic, Robotic, Information, and Nano processes,[

SocietyGlobal Risk

Dangerous currents

Possible red herring

* Size of circle denotes likely impact of trend (hey, it’s just an educated guess).

Technology

Economy

Environment

Politics

Business

Family

Media

Trend Blend 2009+a m a p o f t i m e a n d t i d e

L E G E N D

www.nowandnext.com

/gas price spikes

Alternative energy bubble

Outsourcing backlash

Low cost competition

Resource shortages

Skills shortages

Increased regulation

Asset price uncertainty

Networked risk

Rehiring of retirees

Energy insecurity

Web 2.0 campaigning

Immigration backlash

Green taxes

ProtectionismVirtual protests

EMF radiation

Rapid growth oftransnational crime

Map by Richard Watson with help from Ben. More at www.nowandnext.com

Credit default swaps

Collapse of nuclear non-proliferation treaty

Global supply chain disruption

Electricity shortages

People taking trend maps too seriously

Slowdown in growth

Industry consolidation

Growth of autocracy

Rising protectionism

Globalisation in retreat

Fall of US Empire

De-leveraging

Virtualisation

Simplicity

Data security

Energy storage

Telepresence

Device convergence

Cloud computing

Merchantilism

Pensions funding

Prediction markets

Shorter product lifecycles

Re-regulation

Inflation

2-speed economies

Sovereign wealth funds

Deflation

Allowable luxuries

Debt stress

Single person households

IMBYs

Extended financial families

Renting things

Home cooked meals

Unplugging

Middle class unrest

Gated communitiesBack to basics

AgeingGRIN tech

Web 2.0

Green IT

Iran

Utility

Authenticity

Trust

Islands of Tranquility

Enoughism

Old skool

We not meSearch forcontrol

Space weather

Power Shift Eastwards

Climatechange

crisisDigitalisation

Anxiety

Debt

GlobalConnectivity

Sustainability

Uncertainty

Obesity

Volatility

Facebook fatigue

Flight to quality

Seriousness

e-books

Fantasy & escape

Micro-boredom

Digital diets

Digital privacy

Influenza pandemic

Severe heatwaves

Return of SARS

Religious and ethnic tension

Increased societalappetite for risk

Food shortages

Nicole Kidman winsanother Oscar

Major internet

failure

Criticalinfrastructure

attack

Major earthquake ineconomic centre

Severe water shortages

Storytelling

Too muchinformation

Online video

Short formats

Skimming

Urbanisation

Green cities

Nuclear power

Energy dashboards

Negawatts

Peak landfill

Declining water quality

Bio-fuel backlash

Eco-Cynics

Vertical agriculture

Nano-solar

Wind powerClean coal

Oi

Collapse of US dollar

CSR

Transparency

Income inequality

Pakistan

l

This map is published under a Creative Commons Attribution - ShareAlike License.

Robotics

Gesture based computing

Mobile computing

Geo-fencing