10 Obscure Companies That Could Dominate The World In 10 Years

10 Obscure Companies That Could Dominate The World In 10 Years 10 Rethink Robotics Whether it's The Jetsons or The Terminator, robots and artificial intelligence have always seemed like sci-fi fantasies, or potential nightmares

But in the modern day, the technology is reaching the point where it could make major changes to the way we live, not to mention major profits Rethink Robotics one company looking to push the boundaries of robotics with Baxter, a new generation of factory robot with a cute face and massive learning potential Unlike traditional factory robots, which are essentially just programmed motors, Baxter can be externally taught – manually It can even be guided using thoughts via EEG brain wave technology While Baxter is just a child right now, technology moves fast, and it’s certainly possible that advanced enough factory robots, or even just manual labour units in general, could completely reshape business as we know it – but probably at the cost of quite a few jobs

9 Memphis Meats Meat vs veganism can be a contentious subject nowadays – wouldn’t it be nice if we could just sidestep the subject altogether? Thanks to the development of synthetic meat, it’s possible to eat animals in an ethical and environmentally conscious way In theory, replacing farm-grown meats with lab-grown could reduce the world’s total carbon footprint by as much as 18%, and could free up 840 million peoples’ worth of grain in animal feed Even now, 65% of surveyed people would eat in vitro meat, and that number is likely to increase

Memphis meats is one of the companies at the forefront of the synthetic revolution The company has already succeeded in creating synthetic meatballs, chicken and duck, and claims it has developed self-renewing meat cells that eliminate the need to keep animals Pioneering this tech could revolutionise the meat world and take a major bite of the $740 billion worldwide industry 8 Planetary Resources You’ve probably noticed that the earth is running out of resources

Estimates vary, but we likely have just half a century before we reach breaking point For Planetary Resources, however, it’s a prime example of crisis breeding opportunity The space exploration startup aims to scan asteroids that pass the earth and remotely mine them for their immense resources For example, one containing 90 million tonnes of platinum passed near earth in 2015 At current market values of $32,000 per kg, that would be worth around 3 quadrillion dollars

And it’s not just precious metals Water costs a massive $50 million dollars per tonne to send into orbit, so it could theoretically be cost effective to mine it from passing objects And this tech is developing fast than you’d think Planetary Resources is launching test satellites in 2018 and an orbiting telescope to scout out potential mining sites in 2020 All that’s left is actual mining

7 ArgoAI Whether you like them or not, self-driving cars are coming at us as fast as well, self-driving cars – which is to say exactly as fast as their programming allows

Tesla pioneer and actual wizard Elon Musk even predicts that all new cars will be self-driving in the next decade ArgoAI could be spearheading the self-driving revolution, thanks to a $1bn investment from Ford The company’s aim is to develop an autonomous on-demand self-driving service – in other words, robot taxis It has even begun initial testing into self-driving pizza deliveries There’s a real incentive for whoever perfects self-driving technology

IT giant Intel released a report in 2017 predicting an annual $7 trillion market to take advantage of, as well as a potential 500,000 crashes prevented But as the market crowds with Google, Uber and others all making strides, ArgoAI could be in for a fight 6 3D Systems You might not be familiar with the term “killer app”, which refers to a feature of a product that pushes it into the mainstream 3D-Printing is waiting for just that

Right now it’s too expensive, often costing thousands of dollars, thanks to the cost of 3D printers themselves and the low cost of overseas labour But if a company was able to reduce the technology to a consumer-friendly price point, it could create $33 billion market by 2023 As a pioneer of the method in the 1980s, 3D systems could be the one to do it It already offers the widest range of products and it could be just a matter of time until it cracks household additive manufacturing Industry professionals predict future manufacturing shifting away from companies and into homes, and cornering that market could make 3D systems, uniquely positioned to capitalise on such a paradigm shift, becoming a world leader in the process

5 Improbable Depending on who you ask, VR is either a gimmick like 3D TV or a rival to AI as the most important technology in decades But if it does pan out, the possibilities are virtually endless Improbable boasts owning ‘the world’s most advanced games development platform’, but its long-term goals are much loftier In its own words, it wants to create the Matrix

It has already created what it says is the most detailed simulations of cities ever created, and is working on being able to simulate the real-world, large scale consequences of a small blip like a car crash Next the $1 billion startup is hoping to push those simulations into a fully fledged social experience with an as-yet unachievable level of detail – hence the Matrix Right now, Virtual Reality technology exists firmly in the gaming sphere, but this kind of development could lead to it becoming part of everyday life 4

Academi If you know of Academi at all, you probably know it by its pre-2011 name Blackwater It’s the biggest private military organisation in the US and subject to frequent criticism US military operations have increasingly relied on private military manpower over the last few decades, having jumped from 10% in World War II, to 50% at the start of the Afghanistan conflict, to 75% in 2016 As a result, private companies like Academi wield significant, arguably dangerous influence over Governments and their foreign policies In the US, they don’t answer to Congress or the Freedom of Information Act in the same way as government troops, meaning there’s worryingly little oversight

There are even accusations that the company’s founder, Erik Prince, has been involved with meetings tying the Trump administration transition team to Russian Intelligence, which, if true, could have troubling implications for Academi’s influence on international affairs and foreign policy 3 Carbon Engineering If you aren’t aware of the full extent of the carbon in the atmosphere, you’re either not paying attention, residing in the White House, or both Recent assessments suggest that merely slowing carbon emissions won’t save us – we’ll actually have to extract carbon from the atmosphere Luckily, companies like Carbon Engineering, along with Global Thermostat and Climeworks, are spearheading the tech to do just that

After years of development, it’s now possible to create facilities that carry out so-called negative emissions This Swiss Climeworks plant (show on screen) can absorb 900 tonnes of carbon per year and put it to use in farming That sounds like a lot of pollution, but it would take 250,000 of the same units to extract just 1% of the world’s carbon output But as the technology becomes more streamlined, it’s possible that profits from repurposing carbon, in addition to international grants, could elevate negative emissions companies to global status 2

IDE Technologies Water shortages are a major problem worldwide According to the UN, earth could face a massive 40% shortfall compared to its demand by 2030 Even now, 844 million people worldwide lack a reliable source of water But Israeli company IDE technologies appears to have solved the issue through ocean desalination Thanks to IDE, Israel is now the only eastern country whose desert is shrinking due to surplus water allowing for greater irrigation

But it’s not just Israel, IDE provides more than 3 million cubic meters of water to the world daily, and is responsible for saving California from its devastating 2015 drought Considering the increasing scarcity of traditional water sources, IDE could stand to become an international powerhouse by solving the world’s drought issues 1Moderna Therapeutics Gene therapy, in other words altering DNA, is undoubtedly the medicine of the moment And Moderna Therapeutics is one company that could upend the entire biotech market with its contribution

The 5 billion dollar startup is responsible for a swathe of prospective medical innovations based on the body’s mRNA which it says can be hijacked to make the body create its own medicine But among the most promising is its so-called personalised cancer vaccine Moderna’s method involves analysing the makeup of an individual person’s cancer to work out where the genetic deviation lies, then using that to create a bespoke treatment Right now it takes around 100 medical professionals to create a single person’s vaccine, but Moderna hopes to soon produce at scale

If it pans out, this could see Moderna pioneering gene therapy treatments and given the money in patents, becoming a giant in the medical world That was 10 Obscure Companies That Could Dominate The World In 10 Years, which do you think will come out on top? Let us know in the comments and make sure to like and subscribe While you’re at it, check out this great Alltime10s video on screen now

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