Fund manager Samir Arora recommends you read these books so that you can be ‘Future Ready’
Business Insider India
- During an interview with Business Insider on the 2021 Budget, Samir Arora segues into sharing some book recommendations that are interesting "not only from an investing point but also fascinating."
- The book, The Future Is Faster Than You Think discusses how fast-paced technological advancements will create more wealth in the next ten years that will surpass what we have seen in the past hundred years.
Future Crimesby Marc Goodman shatters the utopic imagery of technological advancements and brings to the fore the dystopic flipside.
…the real difference between investors isno longer information but knowledge.
When Samir Arora, Founder and Fund Manager at
The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives by Peter Diamandis and Steven Kotler
AdvertisementAfter the success of Abundance and Bold, bestselling authors and futurists Peter Diamandis and Steven Kotler released their third book, The Future Is Faster Than You Think, in 2020. The book delves into how technological disruptions will transform our daily lives and society as a whole in the next decade. It provides readers with insight into how technology will revolutionize every aspect of our lives — from transportation, health, entertainment, to food — by examining the science of technological convergence. The book also discusses how fast-paced technological advancements will create more wealth in the next ten years that will surpass what we have seen in the past hundred years.
Mr Arora refers to a specific instance in this book that indicates that the Indian "auto industry is over" primarily because India's auto sector is not future-ready. Electric and autonomous cars are what the future is headed towards, and that segment is almost non-existent in our country.
Physics of the Future: How Science Will Shape Human Destiny and Our Daily Lives by the Year 2100 by Michio Kaku
Released in 2011, theoretical physicist, Michio Kaku, predicts all the possible technological developments over the next century in this book. Kaku also explores how inventions in the fields of computing, medicine, nanotechnology, artificial intelligence, space travel, among others, will affect the global economy and answers questions like what kind of jobs will people have and which countries will be able to cash-in on these advancements. For this, he interviewed and worked with three hundred leading scientists of the time. The book that was featured in the New York Times Bestseller List for over a month predicts that by the year 2100 there will be maglev cars, space elevators, basically all the ingredient for a decent sci-fi movie.
A decade later, Mr Arora endorses this book because these concepts "is not some imaginary stuff. It is being done somewhere and they have given the examples."
Future Crimes: Inside the Digital Underground and the Battle for Our Connected World by Marc Goodman
This book by Marc Goodman, a former FBI Futurist, Interpol advisor and beat cop, shatters the utopic imagery of technological advancements and brings to the fore the dystopic flipside. It highlights the buffet of crimes we are exposing ourselves to by simply clicking into a device. The book reinstates the bleak view of cyber doom Goodman had during a TED talk in 2012 where he said, "I study the future of crime and terrorism, and frankly, I'm afraid."
The book features scenarios that not so long ago may have seemed like an exaggeration but has now become a distinct possibility. "Cars have been hijacked electronically. People through Wi-Fi can control aeroplanes," Mr Arora says, "these are not, what if these things happen? somebody has done it."
Checkout India’s budget 2021 key Highlights
AdvertisementExperts say India and China both need to show their voters that they won in Ladakh for the disengagement to be successful
Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO
- Wholesale growth expected to continue for tractors, passenger vehicles and two-wheelers, says equity research firm Emkay
- Centre finalises One District One Focus Product to promote in cluster approach
- A Mumbai-based EV startup launched the cheapest electric car with a 200 km range
- HP's worldwide shipments grow 5.6% in fourth quarter of 2020, says IDC
- NITI Aayog proposes price of COVID-19 between ₹300-500