The technologies of the future are set to change the world. They can open new possibilities for businesses, ranging from automation artificial intelligence. They also provide innovative ways to increase human capabilities.
Technology can break down the barriers of distance and allow people to communicate instantaneously across the globe. It is also easier to manage large volumes of information and make educated decisions. It is able to automate repetitive tasks which reduces the possibility of error in manual processes.
In the past the success of businesses was determined by its ability to balance the need to maximize production while utilizing available resources. The technology can help companies increase their output while reducing inputs. This is particularly true for technological tools that enable process automation and data analysis. It’s no surprise that these tools are employed in virtually every field.
Technologies of the future include quantum computing which will be capable of processing data faster and more efficiently than classical computers. This is expected to revolutionize industries such as aerospace, automotive chemicals, finance, and pharmaceuticals. It will also enable “edge computing’ that allows data to be processed closer to the point of origin (ultra-low latency) which will provide greater security and control.
CRISPR and other techniques for genetic engineering are helping us rethink how we approach disease or longevity, and life itself. We also witness advances in mass-personalisation and micro-moments as well as other technologies that enable organisations to offer highly-personalised products and services quickly. Another exciting development is brain computer interfaces (BCIs), which can allow machines to be controlled by the human brain as well as wheelchairs for patients with tetraplegia.