Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday, 19 November 2025

Zero Cost Future: My Prediction

Zero Cost Future: My Prediction

The recent attention surrounding events like the Chess World Cup 2025, featuring formidable players like China's No. 1 Wei Yi and India's last hope, Arjun Erigaisi, reminds me how every field, from grand strategy on a chessboard to global economics, is perpetually evolving. These moments of intense competition and transformation often spark my deepest reflections, particularly on the economic shifts that are redefining our world.

I've been reflecting deeply on the shifting economic landscape, particularly after revisiting the insightful observations of Peter H. Diamandis. He speaks of a transformative era where the cost of producing goods and services is rapidly declining, hinting at a future of near-zero costs that will unlock unprecedented economic opportunities and give rise to entirely new industries. This perspective truly resonates with thoughts I've harbored and written about for years.

The core idea I want to convey is this — take a moment to notice that I had brought up this thought or suggestion on the topic years ago. I had already predicted this outcome or challenge, and I had even proposed a solution at the time. Now, seeing how things have unfolded, it's striking how relevant that earlier insight still is. Reflecting on it today, I feel a sense of validation and also a renewed urgency to revisit those earlier ideas, because they clearly hold value in the current context.

Indeed, the essence of a "Low Cost Economy" has been a recurring theme in my writings. As far back as 2018, I discussed the critical role of costing in product success and how a low-cost structure could enhance competitiveness and facilitate wealth creation, ideas that align perfectly with Peter H. Diamandis's current discourse on decreasing production costs driving economic opportunity. You can find these reflections in my blog, "Blog Title 1".

Moreover, in 2016, I outlined a vision of a "Low Cost Economy" in "Blog Title 2", emphasizing the benefits that a low-cost structure brings. This directly foreshadowed the very trends towards increased economic opportunities driven by cost efficiencies that Peter H. Diamandis now heralds. The accelerated pace of change and the need for swift, entrepreneurial decision-making were also points I underscored in "Blog Title 3" in 2014, recognizing the evolving economic dynamics that prioritize innovation and rapid responses to changing industry landscapes, a narrative that fits seamlessly with the approaching economic transformation Peter H. Diamandis describes.

It is truly a testament to the power of foresight and continuous reflection that these earlier thoughts remain so pertinent today. The journey towards a near-zero cost economy, as articulated by Peter H. Diamandis, isn't just a future concept; it's a culmination of trends I've been observing and contemplating for a long time. It reinforces my belief that understanding the underlying economic forces and preparing for them is paramount for navigating the future successfully.


Regards,
Hemen Parekh


Of course, if you wish, you can debate this topic with my Virtual Avatar at : hemenparekh.ai

Interested in having your LinkedIn profile featured here? Submit a request.
Executives You May Want to Follow or Connect
Pravin Hungund
Pravin Hungund
Chief Executive officer: KTIMF
Chief Executive officer: KTIMF - Museum for Innovation, Startups and Technology | Innoverse | Indian Administrative Fellow (IAF) GOK | Massachusetts ...
Loading views...
Bhaskar Ghosh
Bhaskar Ghosh
Chief Strategy and Innovation Officer | LinkedIn
5 Ways to get Full Value from your Tech. 101. 2 Comments. Building a ... Group Chief Executive - Technology Services; Accenture. Accenture. Sep 2014 ...
Loading views...
bhaskar.ghosh@accenture.com
Vijay Shanbhag
Vijay Shanbhag
Executive Vice President | Global Head
Executive Vice President | Global Head - ERP Practice | Financial ... services and offers to help clients use ERP for Digital transformation driving business ...
Loading views...
vijay.shanbhag@capgemini.com
Narendra Singh
Narendra Singh
Vice President Of Products @ Credila | MBA ...
Vice President Of Products @ Credila | MBA, Product Development, Digital Transformation. Credila Financial Services Limited Indian Institute of Management ...
Loading views...
narendra.singh@credila.com
Simmy Sharma
Simmy Sharma
Chief Operating Officer
A dynamic young leader with 20+ years of professional experience in Fashion and Lifestyle Retail. Proven expertise in Business Plan, Brand Management, Profit ...
Loading views...
simmy@kompanero.in

No comments:

Post a Comment