Advancements in every stage of man’s history is most probably shaped or driven by technology. About two decades ago, the Internet was only limited to a few large companies. At the start of the new millennium, the coolest mobile phones didn’t even have GPS or a touch-screen feature. In 2004, Facebook was just a college directory. Today, almost everything is already done online, smartphones are ubiquitous, and social media communication a usual daily activity.
A lot can happen in just a wink of an eye and technology definitely plays a major role in bringing about drastic changes in the world—whether for the better or for worse. Below are four nascent technologies that can have a significant impact on man’s lifestyle, culture, and business in the future:
- Virtual Reality
Virtually reality (VR) the world currently has is still a far cry from perfect, but it provides a great starting point at which future quality may be improved. Developed mainly for video games, VR is fast becoming more mainstream, with businesses and even schools starting to capitalize on it to deliver specific functions.
VR is a three-dimensional digital environment that has the potential to change the competitive landscape in various industries. It can be used to provide tours, make events more immersive, enhance online shopping, and even for training purposes. While today’s VR quality may already be considered relatively awesome, in 10 years-time perhaps, it would already be lifelike. That’s enough time for the visionary entrepreneur to make a mint.
Image source: wired.com
- Alternative Transportation
Self-driving cars, the Hyperloop, maglev trains, the Waze app… Apparently, the transportation sector is entering an era of potentially dramatic changes. There are now drones that can deliver packages, jetpacks that propel users into the air, and trucks powered by solar energy. The traditional air and ground transportation industries are ripe for disruption, and it would just be a matter of time before we can see flying cars, high-speed pod-like capsules, backpack helicopter, or even space taxis.
Image source: autoevolution.com
- Artificial Intelligence and Smart Services
It will be very difficult to develop a technology that can accurately mimic how the human brain works, but that does not mean that Artificial Intelligence (AI) can never be achieved. Every passing year, the number of smart devices being released just keeps on growing. These technologies were developed using superior algorithms designed to analyze human behaviors, emotional patterns, and even personal decisions on choices for clothes, videos, music, and books, among others. Such application can be a game-changer, such that businesses can learn more about their customers and create products based on their actual preferences. The same technology may be used for other areas such as staffing, advertising, and even political campaigns.
Image source: theconversation.com
- 3D Printing
Three dimensional (3D) printing—also known as additive manufacturing (AM)—is like the physical version of virtual reality. This technology lets people bring imagination into the physical world, allowing for the creation of a prototype product to investors or custom-made items for consumers. 3D modelling and 3D printing have been used to create a wide spectrum of products, including medical equipment, car parts, ceramics, bags, and even candies.
Image source: pcadvisor.co.uk
From simple activities like slicing a cake to more complicated ones such as online banking, the possibilities for new tech are endless and what is currently seen to be just a sci-fi thing may soon become a reality. Technology will just continue on evolving as man’s appetite for consuming innovations may never slow down.