For further comments or to arrange an interview, contact Sam Bowman, at sam@adamsmith.org | 07584 778207.
- New paper predicts technological solutions to today's social and environmental problems, such as climate change
- Economic growth will mean that Britons in 2050 earn twice as much as they do today
- Self-driving cars will reduce city densities and allow people to work or sleep during their commute
Britain will use fast-growing trees to capture and store atmospheric carbon dioxide by 2050 and most of Britain’s energy needs will come from gas, solar and nuclear power, not wind, according to a new monograph released today (Monday) by the Adam Smith Institute.
The paper, The UK and the World in 2050, by Adam Smith Institute President Dr Madsen Pirie, looks at trends in scientific research and makes predictions about how new technology will change how ordinary Britons live their lives and solve the energy, environmental and health problems currently facing Britons.
People in the UK will be earn twice as much in real terms by 2050 as they do today. An average 2% annual growth rate will achieve this. The people of 2050 will live at the standard of today's millionaires.
Agriculture will have experienced a green revolution, with genetically modified crops that are self-fertilizing, pest-resistant, saline tolerant, drought resistant, altitude capable, heat tolerant and cold tolerant, and ones that can grow on land previous thought insufficiently fertile. Many of these will be developed in UK laboratories and universities, as will trees that can mature in 6 years instead of 50. Tree cover will be many times what it is today.
New genetically hybridized vegetables will be available to eat, the paper says, as will inexpensive lab-grown meats, bringing an end to factory farming as we know it and delivering substantial environmental gains, as well as freeing up large amounts of land for recreational use. Micro-organisms will be developed to produce nourishing food very cheaply and in abundance.
Looking at healthcare, the paper suggests that the NHS will have been radically reformed by 2050. The state will own no hospitals outright, nor employ ant doctors or nurses. People will choose state-funded healthcare from a variety of private institutions, many non-profit and some for profit.
Driverless electric vehicles will be the norm, with petrol and diesel engines banned from cities. They will be free to re-charge. Inside they will not have two rows of forward-facing seats, but some will be customized as extensions of the home or office, some even with folding beds. People will be prepared to commute longer, given such comforts, and this might make city housing less attractive and therefore less expensive.
The paper argues that behavioural change is secondary in solving social problems after technological adaptation. Environmental challenges are better overcome by investing in new technologies than in trying to make people consume less, the paper says.
Commenting on the paper, the Executive Director of the Adam Smith Institute Sam Bowman said:
“Futurology can often tell us as much about the present as it does about the future. In this paper we have shown just how many of our current problems are on their way to being solved, not by changing people, but by changing the world around us. Dr Pirie’s vision for the future is an optimistic one that sees human ingenuity as the key to improving people’s lives around the world.
"The future often looks bleak because we focus on the negatives – but the reality is that things are getting better, much better, all the time.”
Notes to Editors:
For further comments or to arrange an interview, contact Sam Bowman, at sam@adamsmith.org | 07584 778207.
To download The UK and the World in 2050, click here.
The Adam Smith Institute is a free market, libertarian think tank based in London. It advocates classically liberal public policies to create a richer, freer world.