Foresight
Capitalism Challenged
Unable to shake key issues like inequality, capitalist societies face…
Read moreTitle: Still Being Stupid
Author: Future Agenda | https://www.futureagenda.org
Permalink:
https://www.futureagenda.org/foresights/still-being-stupid
Despite a better understanding of the long-term challenges we face, we individually and collectively continue to make decisions that may make sense in the short-term – but do not lead to better longer-term consequences.
The Doomsday Clock has been maintained since 1947. It is a symbolic clock face that represents a countdown to possible global catastrophe such as nuclear war, climate change or cyber-terrorism. It is maintained by members of the Science and Security Board of the Bulletin of the Atomic Scientists who are in turn advised by the Governing Board and Board of Sponsors including 18 Noble Laureates. In 2010 it was set at 6 minutes to midnight and in 2016 the dial has moved to 3 minutes to midnight. It seems, despite growing public awareness, huge amounts of evidence, and constant reminders, we are incapable of changing our downward trajectory. What is going wrong?
What, then, are the disasters we’re trying to avoid? There are many. Mark Carney, Governor of the Bank of England, is not alone when he points to Climate Change, ‘The challenges currently posed by climate change pale in significance compared with what might come’; The WEF’s list is long, adding geopolitical instability, water crises, food shortages, constrained economic growth, weaker societal cohesion and increased security risks; In ISACA’s global security survey 83% of people said that cyber attacks were in the top three threats facing organizations today. We could also add the global refugees crisis and the threat of nuclear attack.
But none of the above is a new issue. The point is that as a society we have known that we are teetering on the brink of global disaster for a long time and yet despite this, and despite the wealth of innovation, technology prowess and sheer talent at our disposal, we seem incapable of doing anything about it. Why?
One reason may be the sheer size and complexity of the problems we face. They all have similar traits such as an inherent complexity, a need for extensive collaboration to drive change, not to mention the need for huge investment. They also need time for solutions to have an effect – and the possibility of extreme change/disruption if left unresolved. Some say that we are already too late in regards to cracking the problem, or that the correction required would require too significant change from our current way of life, so corrective traction will never willingly occur. Others are more even more direct, pointing out that many of the challenges we face need to be addressed in corners of the world that simply don’t have the necessary infrastructure to deal with the problem, are too poor to carry much weight on the global stage, and so find it hard to get the necessary support.
Read more81 %
people see cyber attacks in the top three threats facing organizations today
3 minutes to midnight – time on the Doomsday Clock in 2016
From
The World In 2025