Predicting the future is always tricky, but here are some major events and trends in 2024 that warrant close attention:
Geopolitics
• US Presidential Election: 2024 marks the next US presidential election, and with a potentially divided Congress and ongoing global tensions, the race is likely to be highly contested and have significant implications for domestic and international policies.
• Global Food Crisis: The ongoing war in Ukraine has disrupted global food supplies, pushing millions closer to famine, particularly in Africa. The war has reduced exports of grains and oilseeds, and it has affected consumption of other, more nutritious foods. In the East Africa region, the price of a local basket of food had increased by more than 55 percent over the past 12 months. This crisis is expected to worsen in 2024 if the conflict continues.
• Rising Tensions in Asia: The rivalry between the US and China continues to heat up, particularly in the South China Sea. Potential flare-ups in Taiwan or other contested territories could escalate into a broader conflict.
• Climate Change: Extreme weather events like floods, droughts, and wildfires are expected to become more frequent and severe in 2024, pushing the urgency of climate action even higher.
Economy and Technology
• Global Recession: Many economists predict a global recession in 2024, fueled by rising interest rates, inflation, and geopolitical instability. This could lead to widespread job losses and economic hardship.
• Technological Advancements: Artificial intelligence, quantum computing, and biotechnology are expected to make significant breakthroughs in 2024, raising both ethical and practical concerns. The impact of these technologies on society will be a major point of discussion.
• Cybersecurity Threats: As our reliance on technology grows, so does the risk of cyberattacks. Governments and businesses will need to be extra vigilant in protecting their data and infrastructure from malicious actors.
• Space Exploration: Private companies like SpaceX and Blue Origin are aiming for major milestones in space exploration in 2024, including manned missions to the Moon and Mars. These ventures could pave the way for a new era of human space travel.
Social and Cultural trends
• Social Unrest: Growing economic inequality, political polarization, and climate anxiety could lead to increased social unrest and protests in 2024. Governments will need to address these issues head-on to maintain public order and ensure social justice.
• Mental Health Crisis: The ongoing pandemic and other social factors have exacerbated the mental health crisis, particularly among young people. Public health programs and support systems will need to be strengthened to address this growing challenge.
• Rise of the Metaverse: The Metaverse, a virtual world where people can interact and experience things digitally, is expected to gain more traction in 2024. Its impact on social interactions, gaming, and even work will be fascinating to observe.
Sports Events
• 2024 Summer Olympics in Paris: The Summer Olympics return to Paris, France, in July and August, showcasing athletic prowess and cultural festivities with global participation.
• Copa América 2024 (June 20 – July 14): Co-hosted by the USA and CONCACAF, this tournament welcomes 10 South American teams and 6 CONCACAF teams to compete for the Copa América title. The unique mix of teams and playing styles is sure to create a dynamic and unpredictable tournament.