For most of human history, technological breakthroughs happened once a century or so. And that was fine. You didn’t need to reinvent the wheel every day, right? Today, in order to keep up with market and societal needs, technology needs to reinvent itself every two years. The pace is overwhelming and most professionals in the industry strive to keep up by also reinventing themselves.
The World Economic Forum’s “Future of Jobs Report” shows that in only two years time, 30% of core skills demanded by the tech industry will change.
Staying up to date, and even more so, one step ahead of the date, became mandatory for both employees and entrepreneurs, as the Moore’s law already started to become irrelevant while the new technologies push the computing boundaries.
Here are the most disruptive technologies that will make 2019’s agenda, as well as their downsides.
AI – Artificial Intelligence
There is no doubt that artificial intelligence and its subsequent technologies, like augmented reality and machine learning will play the leading role in the technological arena in 2019. This trend not only affects the business environment, but our daily lives, how we live, relax, shop, or communicate. The organizations will use AI-driven tools to run their daily operations, and augmented analytics will allow companies to make better decisions, faster. Even more so, a larger number of employees at will be able to use the flexibility of machine learning technologies to analyze, consume, and share data, with an efficiency never seen before. However, many fear this trend will lead to losing a lot of jobs that will be automated and handed to computer systems. Fear not. In a LinkedIn study, Machine Learning field is one of the top emerging job generators.
In other words, chain of data, many refer to blockchain as strictly a cryptocurrency generator. However, it is much more than that. Cryptocurrencies are only one of the many blockchain’s applications. Blockchain is, in fact, a new way of creating and distributing data, more securely. The data are created by appending new digital “blocks” in a decentralized network so that no single entity has total control over that data. All data is verified before it’s allowed to enter the system, while the system also reduces error by encrypting the records. The applications are many. Blockchain made possible entirely new ways of making high-risk transactions in a simpler, faster and safer way, managing financial assets or transferring property.
Nowadays, everyone uses cloud computing, a technology that few trusted five-six years ago. Today we can hardly imagine our lives without Google Docs, Dropbox or Microsoft 365.
However, the ever-increasing amounts of data stored “in the clouds”, as well as our expectations towards faster computing capabilities, allowed the emerge of edge-computing. That is, the storing and processing data closer to its source location. Edge-computing allows faster processing of time-sensitive data with the help of IoT, meaning, well.. the help of your toaster for example. Many argue the security issues raised by edge-computing. Companies like Microsoft are already working on alleviating these concerns by working on harder to hack security solutions.
Beyond game changers
Some new technologies may lighten up the imagination, but if they will truly become the norm or will be thrown away in tech worlds’ recycle bin, only the future will tell. Here are a few of the potential IT prodigies:
At the beginning of this article, we discussed Moore’s law, which stipulates that the transistors will become so small that their number on a chip will double every two years, also doubling the processing power. This trend has obvious limitations, what will we do when we hit the atom barrier? The current processors already struggle with limitations like overheating and increased production costs. Here is where, engineers say, we’ll step into the realm of quantum physics. As Microsoft says, “quantum computing will operate with nanoscale components, at temperatures colder than intergalactic space. Taking only days or hours to solve problems that would take billions of years using today’s computers, quantum computers will enable new discoveries in the areas of healthcare, energy, environmental systems, smart materials, and beyond. “
Robotic Process Automation
In the future, with the help of AI, many repetitive, but also creative tasks will be performed by intelligent systems, capable of learning and developing complex cognitive processes. The future already came and robots all over the world are learning at this very moment how to provide answers to complex questions, how to diagnose illnesses, how to teach, how to play games and how to manage other machines or even humans. Sounds scary? IBM’s Watson has been doing it since 2011. Check it out.
2019 will be all about connecting and processing data with faster and in more secure ways. The previous technological trends will start merging into a new, unified paradigm, where people, devices, and data are connected in ways never imagined before.
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