The future is what will happen in the time after the present. Its arrival is considered inevitable due to the existence of time and the laws of physics. Due to the apparent nature of reality and the unavoidability of the future, everything that currently exists and will exist can be categorized as either permanent, meaning that it will exist forever, or temporary, meaning that it will end. The future and the concept of eternity have been major subjects of philosophy, religion, and science, and defining them non-controversially has consistently eluded the greatest of minds.[1] In the Occidental view, which uses a linear conception of time, the future is the portion of the projected time line that is anticipated to occur.[2] In special relativity, the future is considered absolute future, or the future light cone.[3]
Modern practitioners stress the importance of alternative and plural futures, rather than one monolithic future.
In the philosophy of time, presentism is the belief that only the present exists and the future and the past are unreal. Religions consider the future when they address issues such as karma, life after death, and eschatologies that study what the end of time and the end of the world will be. Religious figures such as prophets and diviners have claimed to see into the future. Organized efforts to predict or forecast the future may have derived from observations by early men of heavenly objects.
Future studies, or futurology, is the science, art and practice of postulating possible futures. Modern practitioners stress the importance of alternative and plural futures, rather than one monolithic future, and the limitations of prediction and probability, versus the creation of possible and preferable futures.
The concept of the future has been explored extensively in cultural production, including art movements and genres devoted entirely to its elucidation, such as the 20th century movement futurism.
Forecasting is the process of estimating outcomes in uncontrolled situations. Forecasting is applied in many areas, such as weather forecasting, earthquake prediction, transport planning, and labour market planning. Due to the element of the unknown, risk and uncertainty are central to forecasting.
Statistically based forecasting employs time series with cross-sectional or longitudinal data. Econometric forecasting methods use the assumption that it is possible to identify the underlying factors that might influence the variable that is being forecast. If the causes are understood, projections of the influencing variables can be made and used in the forecast. Judgmental forecasting methods incorporate intuitive judgments, opinions and probability estimates, as in the case of the Delphi method, scenario building, and simulations.
