10 tech/product predictions for 2019

Fortnite challenges, scooter company woes, and Facebook scandals

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Photo by Trent Szmolnik on Unsplash

YouTube will continue unchallenged

Cost for companies to start a video platform is huge. Switching costs for consumers is probably even larger. If you want to build an online video channel, you post to YouTube. No one else is even close. YouTube is probably still undervalued.

Scooter companies will begin to run out of money and consolidate.

Scooter companies are awesome, but they raised a lot of cheap VC money because no one wanted to lose out on the last mile Uber. I expect 2 or 3 acquisitions in the space.

Income Sharing Agreements will become a larger trend

With the success of Lambda School, ISA platforms will emerge in fields beyond technology as students realize that paying a portion of their income for a few years, as a financing model beats student debt & investors look for new investment instruments in a bear market.

Facebook will have another scandal

Someone will get data they shouldn’t have. Some bad actor will have been taking actions for a while before they are stopped. People will keep using Facebook.

There will be another major acquisition or public offering from a Utah company

They won’t beat Qualtric getting bought for 8 billion. But it will be a major acquisition or public offering.

There will be a new social app or website appear suddenly and become popular

Peach was big for a few weeks. TikTok seemed to come out of nowhere. Vine 2 could be a contender.

Instagram will become a full fledged e-commerce destination by launching the IG marketplace

They should partner with Shopify. They won’t. They will try to clone something similar. Swipe up to buy without leaving Instagram. For buying clothes, makeup, home decor, furniture, consumer electronics, and maybe surprisingly cars.

Bitcoin will continue to underperform the faithfuls expectations

It will get close to $5,000 in price. Most people will still never use it.

A new game will rise to challenge Fortnite

Just like PUBG was getting popular before Fortnite blew past it, another game will start to get hot. Players tired of Fortnite will gravitate to it. Streamers and YouTubers will hype it as a way to differentiate themselves from the streamers that have already won an audience based off Fortnite. It won’t be more popular, but it will steal some headlines and market share. Free to play.

There will be more misplaced tech backlash

People don’t understand tech companies. They don’t understand what tech can and can’t do. (aka Facebook listening to everything you say) There will be more calls to break up monopolies but because of aggregation theory, those breakups will not happen, or if they do happen will not have as big a desired effect.

What will stay the same

You might notice that a lot of my predictions are about things that will stay the same or continue as they are. I don’t feel those are the easy way out. Jeff Bezos had a quote I think about sometimes:

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Code, design, cook. Make stuff. Cookies. @BYU grad.

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