Technology continues to develop at an ever-expanding pace. The internet just made it into our homes in the 1990s and the smartphone has been around for merely 13 years, however, both are currently integral to how we live.
Era-defining new technologies are not easy to anticipate, though, and there is a certainty that the following decade will see new technology built to support changes to how we live, work, play, and everything in the middle. As these advancements take place, organisations will be affected and will need to adjust so as to stay ahead of their competitors and to satisfy the needs of their customers.
Welcome to it: Another decade of out of control technological blasts, notable turning points, and extraordinary bounty.
Global gigabit connectivity will connect everyone and everything, everywhere, at ultra-low cost:
The launch of both authorised and unlicensed 5G, together with the launch of a large number of global satellite systems, will result in low-cost communication that will be available for everyone, anywhere. What’s more, today’s skyrocketing connectivity is bringing the internet an extra three billion people, driving several trillions of dollars into the worldwide economy. This metatrend is driven by the convergence of low-cost space launches, equipment advancements, 5G networks, AI, materials science, and flooding computing power.
Everything is smart, embedded with intelligence:
The cost of particular AI chips is decreasing with the rise in the global interest. Together with the explosion of low-cost microscopic sensors and high-data networks, we’re going into a decade wherein every device becomes intelligent. Your child’s toy recalls her face and name. Your children’s drone securely and tenaciously follows and records all the guests at the birthday celebration. Appliances respond to voice commands and envision your needs.
The AI-human collaboration will skyrocket across all professions:
The rise of “Artificial Intelligence as a Service” (AIaaS) platforms will empower people to band together with AI in each part of their work processes, at every level, in all industries. AI devices will become rooted in regular business activities, filling in as intellectual associates to employees—supporting creative tasks, creating new ideas, and handling already unattainable innovations. In certain fields, AI will become a necessity for organisations. For instance: in the future, making certain diagnoses without the consultation of AI might be esteemed malpractice.
Globally abundant, cheap renewable energy:
Preceded by innovation in solar, wind, geothermal, hydroelectric, and atomic energy, national strategies will drive humankind closer to cheaper, abundant, and universally sustainable power sources. And, as the world’s poorest nations are also the world’s sunniest, the equal distribution of both new and conventional storage innovations will provide energy abundance to those already bathed in sunlight.
CRISPR and gene therapies will minimize disease:
A huge scope of infectious diseases, extending from AIDS to Ebola, are presently curable. What’s more, gene-altering innovations continue progressing in accuracy and usability, allowing families to treat and ultimately cure several inheritable hereditary illnesses. This metatrend is driven by the convergence of different biotechnologies (CRISPR, gene therapy), genome sequencing, and AI.