There are trends in technology that are dying before they are well born and others that prove so important that transform not only the industry but also the way we actually live.
And in an industry that is so inextricably linked to innovation and innovation, things remain extremely fluid in terms of setting trends.
But there are times when Silicon Valley doesn’t hide what it’s looking for behind closed doors, as in our interconnected post-industrial world few things remain a secret.
The ever-increasing adoption of digital assistants, the infamous Internet of Things, interconnected applications, and even the new strategies of operating smart machines remain pillars of technology, the foundations upon which our young and brave world is built.
But with cutting-edge computing, increasingly smart homes, and even smart cities, more and more tech-savvy evangelizers are embracing the new, advanced 5G protocols, as well as greater security of e-commerce with the help of artificial intelligence. Or Bitcoin!
Large technology exhibitions, like the infamous CES, often point to the direction that industry giants will follow in terms of both consumer products and innovation. And now the weight is falling on both augmented and virtual reality, on motor vehicles, robotic technology, smart energy and so much more.
And of course the tech industry is one of those that doesn’t exactly expect the consumer to adopt technologies and adopt new devices. The blocks you see in space have the power to establish strategies and promote the digital transformation of our world in a way that “no” fits.
IDC Research tells us it expects more than $ 1.3 trillion will be spent. dollars to adapt the market to the dance industry of the tech industry. At the same time, the colossus at Gartner Inc. technology research is predicting rapid changes to e-security services, as cybercrime is something that no one can ignore.
And of course all market players expect much more diffusion of artificial intelligence in everything from the purely industrial sector to tertiary production. Gartner is referring to “robotic employees” in its long-awaited annual report, namely smart machines that “turn into a competitive necessity”.
Amidst the enormously exciting and always subversive technology landscape, what trends stand out for 2020, as evidenced by the estimates of expert analysts and the great Silicon Valley players themselves…
Our biggest dependency on data
From mere chatting with our online friends to online ordering or media streaming, whatever we do online today requires a long line of interconnected services. Services and applications that work naturally with data, so much data that have triggered an unprecedented explosion and call for bold reforms to continue to work this scary digital building seamlessly.
Most of us do not often realize what volume of data we are talking about. Want a thick image? So every minute of the hour there are some 900,000 Facebook posts, 450,000 tweets, 156 million emails and 15 million text messages. With such astronomical numbers, what we are essentially doing is doubling the volume of data that goes online every two years.
Something that requires enormous efforts from the tech industry to keep things running smoothly, an ever-evolving process that will naturally continue, as a necessity rather than a new vision…
The Internet of Things and how our machines are constantly becoming ‘smarter’
As the Internet of Things, we strongly call for the connectivity of our devices to the Internet and their ever-increasing interaction. From industrial robots to the simple technological objects of our day, they all rely on built-in sensors that collect and analyze data in order to do something. So we can, for example, open our home’s air conditioner from a cellphone.
The Internet of Things is one of those directions that is more or less imperative for the tech world. Everything nowadays is smart or done as we speak, constantly collecting data and interacting with other devices, thereby exponentially increasing data usage and without human intervention.
And tech industry estimates show that this trend will not only continue, but will dominate. By 2020, Gartner estimates, more than 250 million cars will be connected to the Internet, providing smart features and self-driving services!
The Internet of Things already has countless devices to communicate with, only to have just begun! Technology research firm IHS predicts that by 2020 there will be more than 75 billion internet connected devices…
The exponential increase in processing power is fueling huge technological developments
It goes without saying that none of this, neither the Internet of Things with its billions of devices nor the management of astronomical data, would have been possible without the huge leaps in pure computing. To put it in perspective, between 1975-2015 the computing power doubled every two years, before reaching today’s extremely high levels, where the growth rate has fallen to 2.5 years.
Only with these and these we have reached the limit of almost everything that a computer could have traditionally worked on. That’s why Silicon Valley has turned its attention to quantum computers, the biggest revolution in the way computers work and what they can do. Quantum computing will see its devices become millions of times faster and space leaders are leading the race for who will launch a commercially viable version of the market.
A version that can solve problems and perform calculations that are currently unthinkable. And to solve natural problems that we haven’t even thought about yet …
The incredible diffusion of artificial intelligence
Machines are the ones we are talking about today that are capable of learning exactly the same way we humans do. We are essentially talking about a scary leap in the industry, as today’s algorithms are not based on simple data processing, but can deliver their own programs and applications, acting as templates. As human minds, in other words.
It goes without saying that supercomputers are at the heart of all this development, as the faster artificial intelligence learns, the more accurate its estimates become. Only this jump in algorithms means that smart machines can now do more than traditional human tasks, as it is not just the automation of the production they master.
Programs recognize things in our world with great accuracy (facial recognition technologies, for example), read, write, listen, speak, produce reactions and emotions, and put us in glasses so spiritual that they were once considered exclusively human. And Silicon Valley is not going to stop …
The unstoppable train we call ‘automation’
The smarter our robotic assistants become, the more they can do for us. Which means that even more functions, processes, decisions and systems are automated as we speak, with artificial intelligence algorithms at their heart that can do just about anything.
Automation does not just affect production or the secondary sector, occupying jobs that are cumbersome and risky, jobs that make things faster, more efficient, safer and cheaper. But now she even gets the job of accountants, even lawyers!
And so the forecasts suggest that they will soon replace the human factor in practically everything, from the builder to the foreman and the professional truck driver to the doctor. An estimate even predicts that 47% of Britain’s jobs are now in danger of being overtaken by automation (“creative disaster” they typically call it), one of Silicon Valley’s most beloved destinations …
3D printing is already transforming the industry (and others)
Directly related to automation is the development of the infamous 3D printing, which changes – if not stops – industrial production as we know it. 3D printing is becoming more and more constant in the manufacturing industry as printers are now processing everything from metal and plastic to cement, liquids, powders and even human tissue (!), Creating cheaper objects one layer at a time.
Not only the cost, but also the creative solutions of 3D printing, as it can and does deliver much more sophisticated designs than traditional industrial design. And it consumes of course much less material. Products that come out of an industrial 3D printer can easily be adapted to the customer’s needs without having to worry about economies of scale at the same time.
2020 is sure to see even more amazing things in 3D printing…
We will interact with technology in a completely different ways
The way we talk to smartphones and other tech products has changed dramatically in recent years. But we haven’t seen anything yet, as the big players at least promise. Thanks to smartphones and tablets, we can now stroke the screen and even on the go a huge plethora of things, as 2016 was the milestone year for mobile technology overpowering traditional PCs (desktops). Google also confirmed this, telling us that mobile searches surpassed those of desktops in 2017.
At the same time, we are now talking on our devices, using voice commands in Siri and related programs (Alexa, Cortana). Estimates here say that by 2021, 50% of all online searches will be done via voice rather than typing, and a good 30% won’t even need a screen.
Naturally, the business world is now forced to link its products and services with industry developments, harmonizing them with their respective applications (Siri, Alexa and Google Assistant remain the benchmarks). Add to all of these applications that provide both artificial and enhanced intelligence, the next big step in how we interact with our devices, and you see where things are going…
Blockchain technology that is changing the… banking system
In other circumstances, a few years ago, this would be something we would learn backwards. But not anymore, as nothing is hidden in the world of technology. The Blockchain you are talking about is the technology behind the digital currency Bitcoin, one of those things that has caught the hexapin mankind and no one can turn their back on it.
It is essentially a platform that transforms the way we trade, store, and exchange data, so that everything is done without intermediaries, but with greater security. Think of Blockchain as a decentralized and extremely secure database, that is, much safer than any other transaction protection technology, as all of this data is not stored “somewhere”.
It is a box of chains – wherever the platform gets its name – only this chain is not managed by an organization or group of people, but is based on its users. And with Bitcoin coming into our day-to-day discussions for good, we intuitively understand exactly what it is.
And is it really a serious attempt to democratize the global financial system, an effort based on the simple idea of why a third party (be it a bank, agency or service) is involved in trading between two parties?
As experts say, the banking, insurance and health services are the key areas that will soon adopt Blockchain technology, despite the fact that most have not even heard of it, a good… 90% of the top European and US banks are already exploring its operation.