This document discusses 10 key external factors that will shape the future of academic libraries: 1) Covid and future pandemics, 2) climate change, 3) funding of higher education, 4) inflation and interest rates, 5) demographic changes leading to increased student populations, 6) diversification of student bodies, 7) the student mental health crisis, 8) changing patterns of academic engagement, 9) increased public scrutiny, and 10) advances in artificial intelligence. These factors come from a mix of political, economic, social and technological influences that will create an uncertain or "VUCA" environment for universities and libraries. The interplay between these contradictory forces will require strategic responses from academic libraries.