During the New Year period, it is difficult to resist summarizing and trying to predict the development of events for the coming year. The Financial Times, The Wall Street Journal and Business Insider were no exception and presented their vision of the main business vectors for 2023.

The main economic publications gave their forecasts for 2023

Editorial The Wall Street Journal focused on trends in the field of high technologies. A team of experts will read the following to the entrepreneurs:

  • The development of services in the metaverse due to the emergence of a new generation of VR and AR, not only from Meta (recognized as extremist and banned in the Russian Federation), but also from HTC and Apple,
  • Tightening their belts in technology, which is experiencing its biggest slump since 2008: there will be new mass layoffs and subscription prices will start to rise,
  • Tightening the rules for the use of subscriptions: Since the beginning of 2023, Netflix itself intends to ensure that only people living under the same roof use paid services, and the streaming channel may be the first to be followed by others with a policy similar forced,
  • Tensions with China: companies, like Apple, will try to get rid of dependency by diversifying supply chains and moving production facilities to other countries (India, Vietnam, Mexico, etc.),
  • The real use of artificial intelligence in marketing, research projects, database management: we are talking about the generation of texts and images (services like Dall-E 2, ChatGPT, etc.),
  • The continuation of the crisis of the crypto market, as well as the increase in the number of scammers in it,
  • Developing new iterations of smart home projects, where apps from Apple, Samsung, Google, Amazon, and other developers could integrate with each other.
  • Rigid influence on the technology market by regulators: again we are talking about antitrust policy both in the production of products and in the conduct of business in the online space.

Forecasts financial times they are a close fusion of economic and political information. The post predicts:

  • The continuous blackouts and the current energy crisis in Europe,
  • The ECB’s refusal to support the bond markets of Italy or other EU countries,
  • The growth of the key interest rate in the context of the presidential race in the United States,
  • China’s economy growing by more than 5%, despite tensions with the US,
  • An increase in global warming that does not exceed acceptable forecasts (no more than 1.5 degrees by the end of 2023),
  • The absence of new sources of military conflicts,
  • Twitter continued operations despite internal difficulties.

Business Insider and was completely limited to three key trends:

  • tensions with china
  • Wealth Agenda: The US has seen dramatic increases in spending on education, health care, housing, childcare, electricity and food over the year, and is now committed to investing in more medical education, building more homes and developing renewable energy.
  • Strengthen discipline in the technology sector: In the midst of the crisis, companies will demand greater efficiency from their staff, they may take tough positions (like Elon Musk) on layoffs and internal politics, and you can also expect many new companies to go bankrupt , more business consolidation and an increase in the number of private transactions.


Ekaterina Alipova

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.


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