Nowadays the rate at which we are moving forward in the world of technology has reached a velocity unlike anybody has ever seen before. We are constantly seeing new inventions pop up into the mainstream due to how helpful or futuristic they might seem. We humans are always on the lookout to modernize and make our lives easier. In this blog, you will get to know about Technological advancements we look forward to seeing in the coming years.
Houses connected online?
The development of AI in our households has already been underway, and it will only grow over the coming year. In reality, we’ve gotten accustomed to Google’s Nest and Amazon’s Alexa adjusting the configuration of smart items in our homes to match pre-set criteria.
However, these two products are just the start: as with other internet-related businesses, both services benefit from connectivity and will increase consumer value dramatically when more features are introduced. When it detects someone getting up, an algorithm that can brew a morning coffee while raising the curtains and boosting the bathroom heat is far more beneficial than the total of three distinct algorithms doing these jobs.
Artificial Intelligence technology has already been common beyond 2020; it just isn’t as entertaining as we anticipated. If you’ve overlooked the AI train, it would go like this: Greater storage capacity (cloud), computation capabilities (chips), and access to large datasets (e-commerce, social media…) have enabled businesses to construct statistical models on steroids that can develop when provided with fresh data. Affective AI could push that approach one stride even further incorporating feelings into it. An algorithm may efficiently detect your emotions based on the way you appear (by utilizing a learning algorithm on facial image), write, or talk, and then propose people products and services based on that.
PROPER Autonomous Vehicles
The year 2020 was intended to be the year of the self-driving automobile. That hasn’t gone entirely as planned. The “pandemic setback” will not dampen the enthusiasm of major corporations, who will continue to upgrade their algorithms in order to develop automobiles that do not require drivers at all. To refresh your memory, there are five degrees of autonomous driving, ranging from “no automation” to “full automation.” Levels 0–2 need considerable human supervision, whilst levels 3–5 rely on algorithms to monitor the driving environment. The most sophisticated self-driving cars on the market (Tesla) are presently straddling levels 3 and 4. It is hoped that we will be able to reach level 5 (and full driving automation) by 2025, if not sooner. However, the road ahead is lengthy, with challenges ranging from ethical quandaries to statistical headaches still plaguing the business.
Even if level 5 is reached, it is probable that we will never fully replace automobiles as we know them, but will instead build separate roads and areas for autonomous vehicles so that the two do not collide.
Thousands of tiny low-orbiting satellites to be deployed soon.
Our night time sky might just end up changing forever in the next couple years, due to the plans at SpaceX, where they are going to deploy up to 42,000 small satellites all around the globe to try and create a solid internet connection from wherever you are in the world. Other companies like OneWeb and Amazon are playing a role in this scheme, also planning to deploy a few thousand nano-satellites from their ends. Who knows what it’s going to look like? It could ruin the night sky or fill it up with some crazy constellations. Only time will tell!
Wider usage of Blockchain technologies
We’ve all heard about how blockchain is revolutionizing almost every business conceivable. Banking, politics, and healthcare and even online casinos may all benefit from the development of a decentralized digital ledger that monitors and saves information in several locations, making forgery difficult. Because identification is supplied by complicated computations, identity theft is also nearly impossible. However, one word sticks out in the above description: Decentralised. Banks, governments, and hospitals do not want their authority to be limited (unless on their own terms). As a result, we are probably going to see some progress in the blockchain area.
Cryptocurrencies, which are frequently referenced in the same phrase as blockchain, employ the concepts described above to allow the digital trade and economic cooperation (again in a decentralised fashion, which is one of its main appeals). Many individuals feel that cryptocurrency will become the next hot topic in economics.
That sounds great, but there are two major concerns with cryptocurrencies:
Its main draw (apart from illicit dealings) is that it is hip and stylish. It was never intended to maintain the attention it received in 2017, and it will never recover from the crypto-bros’ relentless stupidity. The stuff works; the problem is that there is no consumer market.