Happy New Year to my readers!
Here’s a picture from plague-ridden Boston of our healthy 1-year-old and a stocked fridge. Hoping for more of the same in 2015…
And so that this blog doesn’t become indistinguishable from my Facebook feed…. let’s talk about what we’re (realistically) hoping to see in the aviation, technology, and economics world during 2015.
I’ll start off…
- the long-delayed Icon A5 amphibious seaplane delivered to customers (see my review from 2010).
- an announcement (but not a delivery) of the BendixKing AeroVue retrofit flight deck for the Pilatus PC-12 (currently King Air only)
- that the flight recorder from MH 370 will be found (I predicted to friends that it would be found in January 2015 so I hope that it will be found very soon indeed)
- a little progress toward the ground-based copilot idea that I wrote about in September 2008. (Could have been useful for preventing a lot of the aviation accidents that occurred in 2014, actually, which might motivate action (oddly enough probably to add a third pilot to the two-pilot airline crew rather than my idea of supplementing the single-pilot private flight).)
- sufficient progress on OLED that there will be a consumer-priced 4K OLED television announced by the end of 2015, which I think will pave the way for a 4K OLED desktop computer monitor (in the meantime maybe this LG 31″ IPS LCD monitor that my friend Gary loves is the best option).
- despite the fall in oil prices, continued gradual progress in electric cars, solar power, and wind power (due to investments made years ago coming to fruition)
- a further reduction in the percentage of the U.S. labor market where wages are set by a market. Employers will increasingly either be hiring people they wouldn’t otherwise have hired (due to government-established quotas) or they will be paying some of their workers more than a market-clearing wage (due to government-established minimum wages or anti-discrimination orders, e.g., people who call in sick a lot will get paid the same as people who never call in sick due to new requirements around sick leave). This should result in a fall in the percentage of Americans who are working, as companies substitute capital for labor, but the effect will be masked for a few years by the fall in commodity prices. (Why this prediction? It is based on the 2014 election. Voters don’t seem to care what percentage of Americans are working, but are very concerned that every American who does work gets a package of wages and benefits that seem subjectively fair.)