Our Account Manager, Mark Grayson, has a really inspiring article for us, all about where all these fresh new technological developments we are currently seeing emerging, are going in the next few years. It’s exciting stuff. Are you sitting comfortably?
Ten Technological Developments to Make Your Head Spin!
With driverless cars coming just coming on the scene, Amazon using drones to deliver consumer packages, and the development of robotic workers, the future will soon be before your very eyes!
Technological developments which you are currently seeing, reading, and hearing about in concept, will reach tipping point by 2025, according to a report from The World Economic Forum’s Global Agenda Council on the Future of Software and Society.
The World Economic Forum has carried out a survey of more than 800 influencers and experts from the technology sector, to piece together their thoughts and predictions of when emerging technologies will become mainstream.
From scrutiny of the survey, The World Economic Forum recognised 21 defining moments that they envisage will occur by 2030. I have taken a good look at the Top 10… prepare to be impressed!
1. By 2018 90% of the population will have unlimited and free data storage
Having to purchase store will be a thing of the past. Within three years 90% of the population will have unlimited and free data storage. How will this be paid for by the company? Through online advertising.
Why are companies like Amazon and Google photos doing this? A major reason is that the price of a hard drive is coming down, year on year. According, to the report, it’s estimated about 90% of all data has been created in just the last two years. One caveat: Microsoft took offline its plan to offer unlimited storage on its cloud services.
2. A robot giving you your prescriptions by 2020
Robots have been building cars and other devices for years. To think that a robot would hand you your medical prescription over the counter! Currently there are trials in America for the first robotic pharmacist, which, as you can imagine, will have an interesting impact on service-oriented job roles in the future. Let’s just hope, like with the use of drones in mining, these roles can be easily re-attributed to human workers in other areas.
3. The internet of things explodes, figuratively speaking.
By 2022, one trillion sensors will be connected to the internet. The cost of physical hardware (i.e. sensors) is already coming down in price, and power is increasing every year. In shops, for example, tracking the footfall traffic with sensors in the floor, to the clothes that we wear… all the time, gathering data.
This isn’t really too surprising seeing as a number of connected accessories (wearables), appearing on the market. The report states that “Every (physical) product could be connected to ubiquitous communication infrastructure, and sensors everywhere will allow people to fully perceive their environment”.
4. Can you really print a car?
Audi are leading the way, unveiling a model of the historical Grand Prix sports car, Auto Union Type C, from the year 1936 on a scale of 1:2. This just goes to show that 3D printers are increasingly becoming more powerful and capable of printing complex objects. Below is an example of the prototype they are going to sell:
5. Technological developments in implantable devices
Being glued to your mobile phone screen will take on a whole new meaning before 2030 comes around.
The report suggests that the first implantable phone will become commercially available in 2025. The device will potentially be able to track a person’s health more accurately, while also allowing them to communicate thoughts via brainwaves or signal instead of verbally, as stated in the report.
And it’s likely we’ll see more widespread adoption of implantable technologies emerge before this date.
6. The Government will use technological developments in big data
Collecting data, managing and understanding it is a massive job, and is, overall, a few years out of date. Governments are moving away from census as we know it to focus on big data technologies to help understand their population.
Canada is leading the way when it comes to finding out what its citizens are doing by using big data technology. They are scaling down their traditional census methods in favour of using big data technologies.
80% of survey participants estimate that that the first Government will replace the census with big-data systems by 2023.
7. 10% of reading glasses will be connected to the internet by 2023
As the VR and AR world is continually growing, 86% of the survey respondents said connected eyewear will become common by 2023 even for those who don’t need glasses to see.
Eye-tracking technology will also allow us to control the interface hands-free. Google, of course, already introduced similar technology with Google Glass, which is currently in redevelopment following its initial flop, and is currently working on connected contact lenses.
8. 80% of people on Earth will have a digital presence online by 2023
The big players like Facebook and Google are focusing on several key projects in the remote parts of the world to have internet connection.
The report explains that “digital life is becoming inextricably linked with a person’s physical life”, and intimates that it will only continue to grow in importance. Digital identity is becoming more important as the internet expands.
9. This is a game changer: A Government will collect taxes for the first time via blockchain in 2023
Bitcoin is a digital currency. It uses a mechanism called blockchain to perform transactions. The blockchain is a shared public ledger. No single person has control. Those using the system keep it up to date to continuously keep track of transactions.
The beauty of the ledger is that is very transparent and can be looked in real-time. Applications of blockchain could be public databases, titles for land or other goods. NASDAQ is even about to start using the technology to record trading in securities of private companies. It’s predicted that the first government will collect taxes using the technology 2023… though who knows which country will be the first to implement this brave new tech?
10. By 2024, more than 50% of internet traffic to homes will be from appliances and devices
As more sensors are deployed, and more products become connected to the internet, we will see a big shift in internet traffic. Currently, most of the internet traffic through domestic residences is – of course – for personal consumption of media, communication and entertainment, for example. But by 2024, about half of the internet in the home will be used for home automation purposes. That’s the internet of things at work again!
For more awesome insights on technological developments coming up in the next few years, check out the report from The World Economic Forum’s Global Agenda Council on the Future of Software & Society.
What are your predictions for the technological developments that are most likely to change the world in the coming years? Why not drop us a tweet? Alternatively, you can contact Mark on Twitter directly.