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Apr 10, · Their forecasts range from $ to $ On average, they predict Zoom Video Communications’ stock price to reach $ in the next year. This suggests a possible upside of % from the stock’s current price. View analysts’ price targets for Zoom Video Communications or view top-rated stocks among Wall Street analysts/5. Dec 06, · The provider predicts that ZM could rise to $1, a share by the end of and to as much as $3, by the end of Although the service does not provide Zoom stock forecasts for , its longer-term 5-year ZM prediction suggests the price to reach $5, in December In , ZM is forecast to generate $,, in earnings, with the lowest earnings forecast at $,, and the highest earnings forecast at $,, The average Zoom stock price prediction forecasts a potential upside of % from the current ZM share price of $ What is ZM’s Earnings Per Share (EPS) forecast for
Zoom (ZM) stock forecast: Bargain opportunity or slippery slope?.Online courses | Business studies online | London Business School
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Our polis will be less informed and less financially stable. Technology will also continue to amplify neoliberal logics that put individuals in a very precarious place. Nowhere will this be clearer than in the realm of health care. We have so much technology in the health space, so much knowledge, and yet our supply chains are broken and inequality in access to health care is at an all-time high.
Many entry-level job opportunities will have vanished simply because of retrenchment in service-oriented industries as disposable income decreases. This will strongly depend on the availability of a vaccine, highly effective non-pharmaceutical interventions such as air filtration and UV-C lights, more effective treatment protocols.
If neither exists in , many sectors such as restaurants and live entertainment will disappear except in countries that manage to suppress the virus in their population to levels that make indoor gatherings plausible.
Many of the new touchless technologies, e. For example, the difficulties encountered by public primary and secondary schools in attempting an abrupt transition to distance learning due to underinvestment in education, not generally poor technology choices by school administrators.
None of these problems will be fixed by , and few areas will see substantial progress with the possible exception of partially reversing some of the worst policies of the [Trump] administration.
Only trust in each other provides a good overall solution. A key point is a lack of accountability of technology companies and their sheer arrogance at not addressing the identifiable harms caused by their products. Inequality is still excessive in nearly all nations. Shifts to new forms of remote access to services e.
The drive by governments towards greater use of data and algorithms in response to acute planning need will only likely lead to further automation of inequality. In general, the predictions as ever focus on the technology and what it can do, and not on the underlying social forces and structures and general human behaviour.
As operators of limited-choice platform economies they have both a moral and an ethical duty to address these issues, to become more transparent and frankly more open and democratic in how they are run. They need to show citizens and consumers greater respect. Rather than cosying up to these platforms, governments should be protecting their citizens from the worst excesses of these companies. People whose work requires them to be present in physical locations will lose more economically.
The pandemic will also normalize levels of surveillance and social control that previously seemed unimaginable, especially for individualistic Western societies that have traditionally valued individual civil liberties. The impacts of that surveillance disproportionately affecting the least powerful in society.
Because online education tends to privilege students who have access to technology and private spaces, the pandemic will have a lasting impact on diversity in the technology industry. On the other hand, that workforce might become even less diverse than it was before the pandemic due to disparate impacts among the most vulnerable. Exactly what they are, how deeply they will penetrate, whether we have the wisdom, tools and strength to respond positively to the pandemic is not obvious.
What has occurred in the past five months relative to the virus unfortunately fits in much too closely with predictions of contagion, about a U. Kevin T. In the end, every technology has five different features: 1 what the inventor believes the technology will do, 2 what the buyer of the technology thinks the technology will do, 3 what interested observers think the technology will do, 4 what the new, front-line users of the technology think it will do, and then 5 what the technology actually does, which is rarely if ever a neat summary of 1 through 4.
The lethal brew involves the connection of technological innovation with governments that have been asleep at the switch for almost 40 years. We have almost no antitrust enforcement. No IRS auditing. Extensive financial deregulation. Almost unbelievable economic concentration in leading sectors. Technology and technology companies have inadvertently in most cases aided in the creation of a rolling cultural and economic disaster.
Technology has not reduced educational inequalities because educational inequalities are created by families rather than schools and technology increases those family-based inequalities. And technologies have to take some of the blame for destroying the labor markets of the middle class. But the ability of technology companies to exploit cultural and economic weakness to benefit themselves has far outpaced any outcome that could be viewed as a public good that has reduced inequalities.
In the absence of drastic, non-technological intervention, these problems will only get worse rather than better. The relatively privileged will work at least part time at home, reducing their social interactions, with serious consequences for their mental health.
Important institutions will have been bankrupted in the aftermath of the pandemic. America will have fewer theaters, restaurants, coffee houses, concerts and universities. The U. Even if Trump is not reelected, other countries will have learned that America both is incapable of keeping its population healthy and is vulnerable to electing unreliable and bizarre leaders. We can expect other countries will take steps to reduce their reliance on and interaction with the U.
That will lead American high-tech corporations to relocate more and more of their research and development to other countries that will be attracting the best students and that will be able to keep the best graduates. The shift to work-at-home will lead to social isolation and a dispersal of the population into exurbs that use more energy and destroy nature.
Tech companies will increase their surveillance abilities. People will spend more time online, reducing their social interactions and making them ever more vulnerable to manipulation by advertisers and extremist politicians and groups.
The most ominous development could be a permanent shift to online education. New York Gov. Addressing the downside, the economic impact of the pandemic and of structural inequality will require major reforms in the political economies of larger countries.
The COVID crisis is further centralizing power among the digital elite and among those best able to take advantage of high stock valuations for those companies that are thriving during the pandemic. There will definitely be an expansion of applications that improve the quality of life for a large portion of users and even ameliorate the downside of digital application.
However, without serious reforms I expect that the overall trade-offs will be a net loss for the average citizen, and particularly for underserved communities. This may, of course, be masked by highly publicized applications that generally improve some aspects of life for specific communities.
My worry is too much concentrated power! While a few powerful companies are seriously interested in ethical considerations, most continue to be primarily focused on their image.
The deterioration of privacy is likely to continue as it serves the bottom line. More importantly, surveillance technologies in both democratic and more authoritarian countries will place a damper upon, if not actually suppress, free expression. We need people to speak truth to power, and to have the power to listen.
And we need people to cooperate. From the vantage point of , in , people will likely be more entrenched in smaller and smaller tribes, talking only to each other and less inclined to give up what they feel they have earned. People in developed regions will have more flexibility in work and will be continually monitored. Economic inequality will decrease because everyone will be able to access how much money people make, how much they pay in taxes, and how they contribute to their community through contributions to philanthropic causes or political campaigns.
People who make public statements or declaim something on social media about scientific or historical issues not based in fact will be immediately quashed with data.
If those in power — governments and corporations — contain technology advances and manage them to their advantage, everyone will suffer over time. I worry that the use of tracing and public health surveillance technologies and the associated supporting legislation necessary to respond to the pandemic will continue to be deployed once the pandemic justification has receded.
Some of it produces good, but it also produces so much harm for people and societies, including harassment, disinformation and inequity, and those harms seem to be gaining steam rather than losing it. The pain will be felt acutely in the developing world, where progress has been made in meeting basic needs, but the blow to the global economy will make this difficult to sustain. An expert in in the history of U.
Furthermore, without action to end systemic racism, state violence and mass incarceration against Black and other marginalized Americans, we will rightly continue to have protests. Without making strides toward providing child care and maternity leave, to creating stronger protections and more security for contingent workers, all of the technology in the world will not solve our problems. Already, we are seeing the negative effects of the existing income gap damaging our society through the rise of violent right-wing nationalism, anti-immigration sentiments and rising isolationism.
I fear we will just see increasing unrest. Republicans will likely continue to trot out their tired canards about the threats of socialism, but no party has done more to make socialism appealing to the masses than selfish conservative policies that have redistributed wealth upwards to the wealthiest, while the rest of the country is left with stagnant wages, poor health care, a degraded environment and few protections from rapacious corporate greed.
The experience of work differs dramatically for those who can protect themselves and get access to preventative care and treatment and those who do not have access. Mobile devices linked with place-based surveillance are ubiquitous as contact tracking continues. The focus should be on the issues of division based on class, race and the many flavors of gender, the clash with the immediate public health needs, which will be exhaustingly present in , and the ever-more-pressing woes of climate change.
A possible benefit would be if the United States developed a social conscience and instituted the kind of safety net that civilized countries have. This situation is unjust. If it became perpetuated, then this aspect of injustice would also be perpetuated. Our lives are already riven and sickened with injustice.
I hope we can find ways to reduce injustice. Alice E. The pandemic has shown us that people can be productive without an office environment, and many people who believed they had to live in very expensive metro areas to work in their desired field will opt to live in lower cost-of-living areas while still being active participants in their workplace.
However, I do not envision system-wide reforms for some of the systemic inequities that the pandemic made highly visible. The immense difference in the U. The difference between parents who can afford to hire nannies, teachers or tutors for their children and those who cannot will manifest in greater educational inequality along lines of race, class and income level.
Expansion of surveillant efforts of the state and criminal justice system will further marginalize the poor, people of color and political activists. The use of algorithms to distribute social benefits punishes the poor, especially the elderly or those without access to the internet. Many of the economic effects of COVID will continue to be felt five years from now, from urban centers that never fully regained their economic vibrancy to long-term salary depression on people who were laid off or entering the workforce during the pandemic.
In addition, without national-level, comprehensive privacy reform, the use of social technologies by the criminal justice system, the police and the government will continue and will further entrench unevenly distributed levels of privacy.
While in-person service jobs have provided significant employment for lower skilled workers, those industries will likely still suffer in Until there is real investment in ensuring that everyone has reliable access at home, reliable and appropriate devices not only a smartphone and the skills to use the internet for their needs, any tech-related changes that may be developed will continue to serve mostly those with more privilege and access to resources.
The very real needs facing our communities during this pandemic present challenges ripe for technical innovation and solutions, however those facing the most needs today are also those most likely without service and devices. We need to have our collective interest in change include bringing everyone online. The role of private equity should worry everyone, as well as the continued monopolization of technology, especially AI tools entering homes. And that many of our leading technology firms take little or no responsibility in addressing the fact-free narratives that increasingly shape societal attitudes and political decisions.
I fear it will be long road to recovery not only from the economic damage but the impact to trust and integrity, not to mention the unknown long-term impact from social isolation. While we have high hopes for technology, COVID has taken the divide between digital inclusiveness and digital inequality to a new level due to the need for home schooling, remote work and telemedicine.
While affordable, fast and reliable connectivity is paramount, the issues are not limited to access. Key digital obstacles include but are not limited to basic online literacy, language capabilities, understanding of relevancy and access to technical support. Combined with increasing privacy deficits and risks of fraud, these issues are impacting several segments of society more than others.
This is not surprising as older cohorts in general have not embraced a digital lifestyle and do not understand what they are missing. Tech skepticism will and should! For white-collar workers, the forced mass adoption of collaboration tools will provide some more efficient and better ways to work.
At the same time, three years of unemployment will redirect power into the hands to the corporations wielding those tools. Productivity and connection tools are uncomfortably close to remote-worker monitoring, which is also on the rise. Technology exists today that could enforce social distancing in meatpacking plants, and yet laws enable these health and safety measures to be circumvented. We probably will have another rise of populism and anti-poor and anti-foreigner sentiment unless a National Health Service-like attitude prevails for a new morality around people being humans who are deserving of humane treatment without regard and despite differences in status and origin and ethnicity and identity.
People are becoming more reliant on digital technology, thus they need to understand how it is created, understand the motives of the technological giants that make it. This pandemic is unprecedented for a humanity that has achieved, thanks to its technological development, degrees of mobility that are a threat to strategies necessary for containing and controlling the virus.
The precarious state of information literacy in all the strata of society is a danger. Rather than creating tools in a way that allows users to solve problems as they wish, technology designers force users to think within the logic of the tools.
A digital emergency should be declared, similar to that decreed in the face of climate change, in order to take measures that guarantee the individual liberties of each person, including those of information and expression. Rescue and preserve the individual freedom of each one and stop encapsulating people as a user-product.
Technological resources, mainly those based on artificial intelligence, must guarantee the interpretability of the results they yield. This applies to developments promoted by technology companies as well as to those promoted by governments. The digital environment is consolidating as a bubble that limits the possibilities of individual development and conditions communications between humans. Our dependence on digital tools is now higher than ever.
COVID is highlighting the unequal distribution of resources and power in the digital economy. Given the current distribution of capacity and resources in AI and AI ethics, given the underrepresentation of women in AI, gender equality will take a huge step backwards. For the average woman, that would mean adapting to digital tools designed and deployed by men in all spheres of their lives employment, economic security, well-being, civic participation.
If we focus on access to work, for example, new research shows that due to COVID, the participation of women in the workforce has been set back 30 years already. As governments are digitizing services to citizens, their reliance on private technology companies is proportionally increasing, giving them more and more power. Not to underplay their expertise and capacity to contribute positively to society, but these are privately owned and managed for-profit organizations that suffer from a critical lack of women and diversity.
There is currently no legal obligation to socialize the benefits of the data they collect. Furthermore, from startups to mid-sized businesses in AI, AI expertise is either underfunded or nonexistent.
Given the current landscape of uneven access to AI, the lack of large-scale efforts to help citizens understand the implications of AI and data governance, the diversity and gender crisis in AI technology companies, the nonexistence of social impact assessment frameworks, the absence of an obligation to use AI and data to achieve SDGs, I am concerned about the increasing role of technology companies in the lives of citizens in Gary A.
There is a lack of collective commitment to default processes that work primarily to the benefit of humans, such as a fundamental right to data ownership and privacy.
The continued dependence by many governments on legacy processes and old technology that keep them from nimble response to citizen needs is a negative.
There is a lack of widespread commitment to ethics and inclusion, leading to the continuing dehumanization of technology. While technologies hold promise, as tools of transformation, exponential speed of change minimizes the potential benefits.
It takes vision and political will to harness technologies for benefit. The lack of coordinating mechanisms among people within and across nations are negatively impacting response to [the] pandemic. Emerging cyber-civilization could improve lives only if leaders apply systems thinking and foresight management in the design of policies that ensure the traditionally marginalized communities are supported with technology access, technology education and training and economic opportunities for wealth creation and sustainable, meaningful career paths.
My worries are related to: 1 Ethics and privacy rights. Department of State recognized that without media literacy skills, our democratic institutions are threatened. The creative and cultural industries are currently at the back of the queue for support. This will make the world a greyer place, and mental health will suffer.
Lower down the scale, life will be more constrained, with many jobs keeping us locked up in our homes and personal contact minimised.
On the technical side, the internet will be ever more critical to how life functions. I fear also that governments will not take the opportunity to embrace a greener regeneration. Sorry to be so pessimistic but we seem to have been cursed with a mostly short-sighted and venal collection of leaders at this juncture.
Hopefully as we acknowledge where technology leaves people and businesses behind we will leverage technology to solve for those predicted negative outcomes.
One of the biggest changes will be in terms of working from home. Looking specifically at companies and people who can afford to work from home, the value of doing so will be redefined. If it becomes commonplace for social interaction and financial transactions to happen online, those who are unable to afford high-speed internet or even the internet in general will continue to be left behind, furthering the class gap.
Generally, I hope this pandemic and the issues it has raised within our society will lead to positive innovation as opposed to further class segregation.
Email is probably the last protocol in use which one can use without having to agree to terms of service with some pointless third party. They are as much a gatekeeper as Verisign. And the final result is that participating in society while also managing to avoid the pointless rent seekers is impossible. The pandemic has changed the set of winning rent seekers, but not the fact that the public square is now under an end-user licensing agreement. Absent some unimaginable event, I cannot imagine the rent seekers being reined in.
It will also accelerate overseas work in places like India and China, where labor costs are significantly lower even for educated technology workers. I fear we will see a greater economic division and a worsening situation for workers outside of the technology arena, such as people in service industries.
Kate Klonick, a law professor at St. I believe the models those systems function under will be the longest for recovery close contact, indoors and thus the most economically damaged and least likely to recover. I worry people will become out of practice with in-person interactions. I worry that rushing to certain types of technology to stop the spread of COVID, like contact tracing, will have terrible long-term effects on privacy with little benefit.
Also, technology will kill some careers, and those who will not be able to adapt to new ways of working will lose their jobs. The average person in my part of the world is mostly uneducated, a farmer, living in a rural area without electricity and water.
So, for the average person in my part of the world, the new normal in will be worse. I hope technology will make the world smaller and services affordable and much more reachable. Alan S. Those whose work is not so place-dependent, based on their human capital and expertise, and can be done via technology may well be winners.
Others not. The others include most of the service workers who do the physical work to make the economy go, such as restaurant workers, brick and mortar retailers, agricultural and meatpacking workers, janitorial workers and many others.
Their work is primarily tied to a place, and place may well still be compromised in The private sector is very important for economic growth, but private sector institutions have to see themselves in a very different light than the past: one with a social responsibility to share the gains which stem from society, to ensure future balance and stability. In the Western context such resources are only available to a handful of large tech corporations, who effectively form a monopoly.
As these technologies are further threaded through sensitive domains, from COVID contact tracing, to determining which students get into which schools, to deciding who goes to jail and who gets bail, to determining who gets a loan and much, much else, we are increasingly ceding control to these sensitive decisions to obscure and unaccountable companies.
Because such systems are almost always developed and sold by private companies, they are hidden behind corporate secrecy, and not open to scrutiny by researchers or the public. Employee activity will be increasingly tracked, measured and analyzed through quantification, and this encroachment will have a significant negative effect on individual agency, happiness and safety. I hope there is a renewed interest in building, deploying and adopting decentralized noncorporate infrastructure for tasks that are now provided by companies like Facebook.
Such platform dominance and the perils it presents will only expand. Everyone is already worried about the fact that four people rule the world, answerable to no one. The problem is, as usual, worst in the U. But, just as in the case of fast food, the rest of the world has been eager to import the very worst things our society produces instead of toilet paper, the only thing we do better than the rest of the world.
The computerization of elections is another terrifying development. Michael G. What happens if you, for any reason, annoy the company that maintains and licenses to you that business environment? We already are seeing the incredible power that Amazon, Facebook and Google have over the businesses and people who use their software.
At some point such companies will have to be broken up unless proper laws can be crafted that rein in that power. Some form of universal basic income UBI will need to be implemented, hopefully coupled with the requirement that those who receive it must at the same time be acquiring educational credits. Over time, more and more people will be educated via online targeted courses with targeted certifications.
Only the wealthiest will be able to afford a traditional education in which they physically gather on campuses to learn philosophy, history, science, mathematics, etc.
In we can expect blanket surveillance and deeply personal data collection. But this will not be without strong voices continuing to hold corporate and governmental entities accountable. We can expect that additional tragic events and unjust outcomes of predictive policing and data breaches will have helped create stronger public pushback against invasive technologies.
A significant number of these expert respondents argued that the health crisis spawned by the pandemic and the accompanying broader dependence people have on the internet heighten threats of criminal activity, hacks and other attacks. Michael R. One possible solution would be end-to-end encryption and cloud services that let me encrypt my data using keys only I control. But that requires networks that are reliable, ubiquitous, flexible and affordable — and interoperable.
That means a lot more than just the 5G solutions that some companies are pushing. I worry that governments are writing rules to regulate the Tech Titans and not realizing that those rules will kill the opportunities for new entrants to provide new services and compete with the established players. If Europe will not be able to counter and resist the pressure of the internet giants and reestablish ethical and human rights-based principles in the digital world, nobody else will do it for us.
It also will be important to understand the elections in the U. Those with wealth will pay to protect as much as they can their privacy and their valuable information. The new poor will simply give their identity in exchange to access to basic services that appear to be available for free. I expect an Orwellian model, albeit in somewhat softer form, to proliferate in China and nations under its growing influence, as well as in democracies that cannot effectively adjust to the triple pressures from a Depression, accelerating automation and environmental crises.
Universal surveillance can actually become a tool for both public safety and protection of individual rights, but it will require a radical rethinking of societal design, including how that surveillance is implemented. The new normal might superficially look quite a lot like the old normal, just less forward-looking and risk-taking. A sense of unease regarding the next crisis is likely to become a default state for many, with the attendant shortening of planning horizons. There is a risk that people will become less prone to take risks such as getting a new education or starting a new business, as the focus shifts very much to the immediate future.
People will still believe in innovation and new technology, yet there is a distinct risk that there will be far less investment and support for the same, as fear drives organizations and societies to take less long-term risk and focus more on a few key areas such as health care.
There are of course many things one could worry about — privacy, data security, the fragility of systems and so on — but the thing that worries me the most is that companies may cut down on the kind of long-term research and development that we will need in not just , but in decades to come. We have many communications highly centralized in a few large corporations, location data tracked by a similar handful of large corporations and are moving towards having delivery of the necessities of life increasing under the control of some large corporations.
Morgan G. There is little incentive for technology companies, especially less high-profile but more specialized ones, to avoid close cooperation with fascist regimes around the world. While there has been a lot of focus on the role of Microsoft, Google, Apple and especially Amazon and Facebook in this already, there are many others who have avoided scrutiny in this area.
– Worries about life in | Pew Research Center
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