What do the wealthy have now that will roll down to the rest of in the next 10 years?
What do the wealthy have now that will roll down to the rest of in the next 10 years?
Potentially, nothing. There has been a concerning trend with some car manufacturers. The first buyer of the car buys optional extras, and then when the vehicle is resold those features are disabled again.
Other companies are introducing subscriptions for certain services. The car has the features built in from the start, but you have to pay/sign up for a subscription to unlock them.
companies are introducing subscriptions for certain services
I wish buyers wouldn’t accept such things.
AI advancements will hopefully unlock a lot of services that only the rich can currently afford
Most lower income people may skip getting ad hoc legal counsel, personal fitness trainers/nutritionists, party planners, financial advisors, etc.
But if AI allows for even halfway decent substitutes, these services could become affordable for everyone.
Ever see the movie Elysium?
I think we could definitely be moving towards that kind of world, maybe without the literal rich person spaceship, but with AI defended compounds and AI controlling the population so their position in power could never be threatened again.
Not necessarily wealthy but developed countries have access to really amazing prosthetic limbs. In third world countries obviously injuries that cause people to lose limbs are as common or maybe even more, but it’s very rare to see people with prosthetics and pretty much impossible to have one of those modern with all the new features. In this countries losing a leg or an arm it really means so many things are over.
This applies to basically all of the newest health breakthroughs but I just happen to notice the prosthetic thing a lot.
I hope in a few years this will become more accessible to more people everywhere, this would really change so many lives.
It really depends on what you define as a luxury. How much is a pineapple in your local supermarket?
Back in the 1800's they were a luxury item reserved for only the wealthy because they were hard to transport from where they grow natively. They were so exotic that the middle and upper class would literally RENT pineapples for parties as a sign of wealth/prosperity.
These days thanks to modern refrigeration and distribution networks, the average commoner in many parts of the world can enjoy this delicious fruit (which I'll admit still tastes better when ripened on the plant before harvesting lol)
Yes, other "luxury" things like home ownership, travel, etc are becoming an unobtainable dream for many people in first-world countries around the globe.
But to the OP's point, look at other technology like satellite phones - once a mythical device mentioned only in fantasy novels a few decades ago and now many newer iPhones can send an SOS signal to overhead satellites and one can buy a bluetooth device so any phone can communicate with satellites (assuming you have a subscription).
Although if you look at things a different way, 100 years ago it wasn't uncommon for a horse to be one's primary means of transportation and an automobile was reserved for the wealthy. Now many people (in America) own a car (albeit often in rough condition, but still running somehow lol), but owning a horse is a sign of wealth haha.
Trickledown wealth, yes, but the spirit of OPs question is “stuff”. “Stuff” does generally get cheaper over time.
I bought a 55” Plasma TV in 2008 for $2100. Last year I bout a 65” OLED for $1600. Much better picture, much thinner/lighter, much lower power consumption and heat generation.
This is the spirit of OPs question.
You know why. You’re just trying to be smug.
It’s fine if you don’t want a large television, but someone else isn’t CRAZY for making different choices.
Whole house backup battery systems. Whether it's a self contained unit or a control unit to diy such a set up with a collection of second hand batteries, these seem to be coming down in cost per kWh over time.
Trouble is, owning a home to install such a system is getting less and less affordable. Renter friendly units may be the way backup power becomes affordable.
Also, I think large backup generators will be sold relatively cheap by people who bought a battery pack and home solar.