If you had a baby recently – you may wonder what will the world be like when they grow up? Here’s what the experts say:
A baby born this year will be living in a better economy as they grow up. In fact, economists like CNBC’s Steve Liesman predict that incomes will rise by 10 percent by the year 2020.
He also predicts unemployment will drop significantly, housing prices will rise, and interests rates will stay low. So your baby is more likely to have some luxuries while growing up.
What else will your baby have: A bunch of friends named Sophia, Jacob, Isabella and Jayden. Those are the most popular baby names right now – and experts don’t see their popularity changing any time soon.
As far as technology – your child will think of cell phones the same way we think of rotary phones. Tech experts are predicting we’ll communicate in all sorts of ways – from wristbands like they wore in Star Trek – to microchips in our brain.
Today’s babies may never have to sit in traffic on the way to work. Flying cars already exist! But before they become common, the price tag needs to come down from a cool quarter-of-a-million dollars.
And the job they’ll be flying to may be “body part maker.” There have been so many advancements in bio-tissues and plastics that high-tech prostheses will soon be in high demand.
And as far as your baby’s future – they’ll live a long life – probably to age 100. With current medical advancements – and breakthroughs on the horizon – life expectancies will keep increasing.