The rapid advancements in technology have transformed the way we live. The technological evolution the world is experiencing for over a decade has drastically impacted our lives. Before the 1960s, engineers didn't know how the concept of virtual reality could shape the world. However, in the long marathon of technology revolutions, there is a lot more yet to be discovered. Moreover, it is intriguing to realize that converging technologies have paved the way for other potential technologies to upsurge.
The latest technologies have made our lives easier besides a greater influence on the global economy. Every new invention is a building block for the next. With a rapid pace, the world is changing the future beyond our expectations. From IoT to blockchain, every transformation is itself paving the way for the next.
Let’s discuss the top emerging technologies that can redefine our future:
Blockchain technology
Blockchain is the peer to peer network technology. It is based on the decentralization phenomenon, where no individual or bank is controlling your transactions. The cryptographic blocks are all lined with each other and are impossible to decode. All the information is stored in a public ledger. With a blockchain, an autonomous vehicle can trust the data that it is seeing from infrastructure or its line of sight.
Analyzing the security aspects of blockchain, NFT( non-fungible token) is worth mentioning here. It is built on the technology of blockchain. NFT provides you with a digital certificate of ownership. The unique hash secures your digital asset. It will be early to predict how the NFT's future unfolds, but it has certainly created a stir in the digital art sector.
IoT (Internet of things)
The IoT revolution has taken the communication between the cloud and the devices to the next horizon. Internet of things is a term that comes side by side with 5G. With IoT powered around, the network infrastructure deploys fewer resources. Besides, a billion devices connecting to the network have supported many industrial sectors.
IoT has made the global control systems and home appliances follow the network instructions in no time. Moreover, the IoT hub has enabled AI (Artificial Intelligence) easier to control. Now that is the impact of converging technology we are highlighting here.
Augmented reality (AR)
In the mobile computing industry, augmented reality is a widely popular term. It employs a real-world context, and users can, interestingly, control their behavior in the real world. AR is playing an unparalleled role in technological evolution. It supplements the surroundings with additional exciting images or informational graphics.
From a broader perspective, we can say that AR has shrunk the line between the real and virtual worlds. The healthcare sector is owed to the incredible AR technology for its assistance in disease diagnosis.
Virtual reality (VR)
With VR you can live-experience a physical world that will be virtually organized. It allows you to experience an immersive environment. With VR the user feels as if they are actually in another simulated real world. In the United States, 47% of people have shown their interest in owning a VR device. No doubt, the incredible technology has already taken the internet by storm.
Artificial intelligence
Artificial intelligence is linked with machine learning and solving the problem with the help of programming technology. A computer scientist Dr. Kai-Fu Lee stated that “AI is going to change the world more than anything in the history of mankind, more than electricity.”
AI is considered to be the main driving force of the converging technology section. There is no doubt the future is quite bright for AI technology. It has helped cybersecurity companies to recognize patterns in data to reduce the prevalence of cyber attacks.
Robotics
The robotics industry is growing rapidly as technology advances and new applications are found for robots. Service robots are used in many industries, such as healthcare, hospitality, retail, and education. Personal robots include home assistants like the Amazon Echo and Google Home, as well as consumer robots like the Roomba vacuum cleaner. The truth is that the future of robotics has already started, however, there are apprehensions about robots taking over human jobs.
3D printing
3D printing is achieved using an additive manufacturing process, where successive layers of material are laid down in different shapes. Recently, technology became more widespread and affordable. There are many reasons why businesses should consider using 3D printing. It can be used to create prototypes for new products, custom parts for machinery, or even replacement parts for broken items.
3D printing is already making waves in the dental industry, and what’s worth noticing is that it has enabled 3G printing software solutions in the development and design sector.
Quantum computing
Quantum computing is an emerging technology that could potentially solve certain problems much faster than classical computers. In a quantum computer, instead of 0, 1, each bit can be in multiple states simultaneously, allowing it to represent a vast range of possibilities.
There are still some challenges that need to be addressed before quantum computing can become mainstream, such as error correction and scaling. However, research in this area is progressing rapidly, and quantum computing will likely change the course of computer dynamics.
Gene editing
Gene editing is the process of manipulating genes using biotechnology. It involves the cutting and pasting of DNA sequences, which can change the nature of a gene. Gene editing has been used to treat genetic disorders, such as sickle cell anemia, and to create genetically modified crops.
The CRISPR-Cas9 system is the most commonly used gene-editing tool. It was developed in 2013 and allows scientists to edit genes more easily than ever before.
The bottom line
The most important takeaway from the above discussion is that we have entered an era of constant change. The listed technological revolutions will transform our lives like we never imagined before. There was a time when we couldn't even think of driving vehicles without humans. But Autonomous Vehicles technology has done that for us. Deep down we all are skeptical about what the future holds for us. Nonetheless, to stay ahead of the curve, it is important to understand how these technologies will change the patterns of our lives.