Hard Numbers: Guess Which Industry will be Worth $13 Trillion by 2050

9.7 billion: A new UN Population Division report projects that the global population will hit 9.7 billion by 2050, up from the current 7.7 billion. Most of that population growth will come from sub-Saharan Africa, which is expected to add another billion people over the next three decades.

13.3 trillion: In other projections to the year 2050, energy trackers at BloombergNEF estimate that the 62% increase in electricity demand over the next three decades will bring in $13.3 trillion in new investments, with $5.3 trillion going to wind and $4.2 trillion to solar. That's a lot of power but sweeping policy changes will still be needed to hit global climate targets.

9,000: Bitcoin, the world's original cryptocurrency, surged past $9,000 this week to a 13-month high following the news of Facebook's plan to launch its own digital currency and payment system. The prospect of the world's biggest social network moving into the crypto space has seemingly legitimized an industry that's been struggling with growth problems, fraud, and volatile prices.

1,232: Local authorities in Berlin this week approved a plan to freeze rent hikes in the city for the next five years as the German capital has become a major destination for European job seekers. Currently, the average monthly rent in Berlin is about $1,232, a 7% jump over the first three months of this year.

More from GZERO Media

Vice President JD Vance participates in a Q&A with Munich Security Conference Foundation Council President Wolfgang Ischinger at the Munich Leaders' Meeting in Washington, DC, on May 7, 2025.
Munich Security Conference.

GZERO's Emilie Macfie reflects on a week of discussions between top European and American leaders at the Munich Security Conference's Washington, DC installment.

Customizing AI strategies for every region, culture, and language is critical | Global Stage

As artificial intelligence races ahead, there’s growing concern that it could deepen the digital divide—unless global inclusion becomes a priority. Lucia Velasco, AI Policy Lead at the United Nations Office for Digital and Emerging Technologies, warns that without infrastructure, local context, and inclusive design, AI risks benefiting only the most connected parts of the world.

AI can only help people who can access electricity and internet | Global Stage

Hundreds of millions of people now use artificial intelligence each week—but that impressive number masks a deeper issue. According to Dr. Juan Lavista Ferres, Microsoft’s Chief Data Scientist, Corporate Vice President, and Lab Director for the AI for Good Lab, access to AI remains out of reach for nearly half the world’s population.

A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on May 7, 2025.
Photo by CFOTO/Sipa USA

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with their Chinese counterparts in Geneva on Saturday in a bid to ease escalating trade tensions that have led to punishing tariffs of up to 145%. Ahead of the meetings, Trump said that he expects tariffs to come down.

UK Prime Minister Keir Starmer speaks on the phone to US President Donald Trump at a car factory in the West Midlands, United Kingdom, on May 8, 2025.
Alberto Pezzali/Pool via REUTERS

UK Prime Minister Keir Starmer achieved what his Conservative predecessors couldn’t.

The newly elected Pope Leo XIV (r), US-American Robert Prevost, appears on the balcony of St. Peter's Basilica in the Vatican after the conclave.

On Thursday, Robert Francis Prevost was elected the 267th pope of the Roman Catholic Church, taking the name Pope Leo XIV and becoming the first American pontiff — defying widespread assumptions that a US candidate was a long shot.