For two hundred years there have been predictions that technological innovation would lead to widespread unemployment. Instead, jobs in factories opened as farm work declined, and then jobs in offices and services grew and factory work declined (this process, is called “Creative destruction”. Today we are seeing the rapid transformation of work by robotics, artificial intelligence, the internet, 3D manufacturing, synthetic Biology and nanotechnology.
How Technology is Adopted
Here are the top 5 emerging technologies in 2019
- IoT – is driving business changes by providing the data needed to improve marketing, increase sales, and decrease costs, the report found.
IoT may mean many things to many people, but it can clearly mean incremental or new business to a channel partner if they start adding relevant IoT solutions with their existing and new customers. More importantly, they don’t have to start over from scratch.”
- Artificial Intelligence (AI) – AI is already significantly impacting the way customers interact with businesses via intelligent websites and bots, and these tools are becoming increasingly commoditized and integrated into daily work.
“With more capable staff, better-qualified sales leads, more efficient issue resolution, and systems that feed actual data back in for future process and product improvements, companies employing AI technologies can use resources with far greater efficiency. Best of all, as investment and competition increase in the AI realm, costs are reduced.”
- 5G – The rise of 5G networks is increasing our ability to move, manipulate, and analyse data across wireless platforms, according to CompTIA. As 5G rolls out more fully in the coming years, it will drive the development of more complex apps to solve problems and increase growth across industries.
Additionally, once fully deployed geographically, 5G will help emerging markets realize the same ‘speed of business’ as their mature counterparts. Solution providers that develop 5G-based solutions for specific industry applications will have profitable, early-mover advantages.
Serverless computing – allows organizations to create a No Ops IT environment that is automated and abstracted from underlying infrastructure, reducing operational costs and allowing businesses to invest in developing new capabilities that add more value, the report found.
Biometrics—including face, fingerprint, and retina scans—are becoming mainstream methods for verifying identity. These methods will form the secure foundation for solutions delivered by IT companies moving forward.
The key question today is whether emerging technologies, especially the exponentially declining cost of information technology, robotics and automation, will make next couple of decades fundamentally different than the previous two centuries.
Computer Industry 