Tagged With lee jae yong

Last year, Lee Jae-yong, the de facto leader of Samsung, was found guilty of bribery and embezzlement. Lee was sentenced to five years in prison, hinting at a future in which powerful South Korean leaders are unable to evade culpability for white-collar crimes. But on Monday, the Samsung heir was freed from prison after an appeals court reduced and suspended his sentence.

In a historic move, a South Korean court convicted Lee Jae-yong -- known as Jay Y. Lee in the Western world -- of bribery and embezzlement on Friday. Mr Lee has been sentenced to five years in prison, and the future of leadership at Samsung is now in question. For South Koreans, the verdict signals a new era of accountability for the handful of powerful families that control more than 80 per cent of South Korea's gross domestic product.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.