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Using the futures cone

What is the Futures Cone?

The Futures Cone is a conceptual framework created by Joseph Voros used in futures studies to organize and think about different types of future possibilities. It offers a structured way to analyze how the present and past inform potential futures and helps strategists and decision-makers navigate uncertainty.

Philosopher perspective:

The Futures Cone connects deeply with epistemology and ethics, prompting reflection on our assumptions about the future and our role in shaping it.

  • Ethical Dimensions: The "preferable" category raises critical questions: Who defines what is preferable? How do power dynamics influence these preferences? Philosophers can use the cone to critique utopian visions or dystopian fears by examining the values and biases embedded in those futures..
  • Broader Implications: By considering "possible futures," the cone challenges deterministic views of history and technology, emphasizing the agency humans have in shaping outcomes.

Sociologist perspective:

From a societal viewpoint, the cone is crucial for understanding how collective human behavior and cultural contexts shape the future.

  • Collective Action: Societal preferences often dictate which futures move from possible to probable. For example, climate action becoming mainstream has shifted green technologies from plausible to probable futures.
  • Inclusion: The cone encourages inclusive futures thinking. Marginalized voices often conceptualize "preferable futures" that differ starkly from dominant narratives, enriching the collective vision of what's achievable.

Technologist perspective:

The cone is invaluable for understanding technological evolution. The cone divides futures into categories like possible, plausible, probable, and preferable, enabling technologists to assess innovations not just based on technical feasibility but also on societal acceptance and ethical considerations.

  • Application: When developing technology, use the cone to map possible innovations (what could exist based on current trends and scientific understanding) and compare them to plausible innovations (what society is ready to accept). For example, autonomous vehicles are a probable future, but public trust, regulations, and infrastructure influence their path to reality.
  • Challenge: Stay adaptive to the idea that what is considered "impossible" today could shift into "possible" with breakthroughs, highlighting the dynamic nature of the cone.

Economist perspective:

From an economic standpoint, the cone is a tool for identifying investment opportunities and risks over different time horizons.

  • Using the Framework: Economists can use the probable futures segment to forecast market behaviors and economic conditions based on historical trends, while exploring plausible futures to prepare for less-likely but impactful scenarios, such as global financial disruptions or technological revolutions like blockchain's rise.
  • Decision-making: The preferable futures zone helps businesses and policymakers align their strategies with long-term societal goals, such as sustainability or equitable economic growth.

Mathematician perspective:

The cone has a mathematical flavor, particularly in how it models uncertainty and boundaries over time.

  • Quantitative Insights: Probabilities can be assigned to futures in the "plausible" or "probable" categories based on Bayesian methods, helping refine predictions. However, possible futures involve uncertainties that defy strict quantification, akin to chaotic systems in physics.
  • Temporal Dimensions: The cone's widening over time mirrors the idea of increasing entropy in physical systems: the further into the future we look, the more possibilities emerge, reflecting the inherent complexity of the universe.

Practical steps to use the Futures Cone

  1. Identify Current Trends: What trends, technologies, and societal shifts define the present? These help define possible futures.
  2. Assess Plausibility: Use expert analysis, evidence, and cultural contexts to determine what is plausible.
  3. Focus on Probabilities: Based on current trajectories, prioritize scenarios that are most likely to occur.
  4. Shape Preferable Futures: Engage diverse stakeholders to outline a vision of a desirable future and work backward to identify actions needed today.

Summary:

Voros’ Futures Cone is not just a forecasting tool but a critical framework for engaging with the complexities of time, uncertainty, and human agency. It enables a structured, interdisciplinary approach to navigating the future, making it essential for decision-making in an increasingly complex world.