Technology has changed the world and will continue to do so in the future. We have seen great leaps in digital technology in the past year (thanks to CoVID-19), let alone be during the past five years. Smartphones, cloud computing, artificial intelligence, and electric mobility are all innovations that revolutionized the way we live and work. But, believe it or not, we are just getting started! Technology will get even better, and in no time in our near future, we would be living the reality of how people in sci-fi movies do.
In this blog post, we'll be sharing some upcoming, real-life products that revolutionized the world as we know it. Come, unfold some digital marvel with us.
1) Artificial Intelligence (AI)
Any conversation about emerging technologies that will impact our lives is impossible without a reference to Artificial Intelligence. It is a powerful trend that will shape the future of work, transform every sector imaginable and touch every aspect of life. But the truth is, AI is already underpinning every major technology trend in the market today, and this will only deepen in the years to come. Every major technology that will dominate the industry in the next five years intends to leverage AI in some form or another.
2) Mobile applications
Mobile applications have changed the way we consume media and communicate. From news to streaming services, texting to keeping in touch with our near and dear ones, mobile applications have changed the way we go about living our daily lives. They help us find on-demand rides, short and long-term rentals, have food delivered to our door, to name a few of the countless benefits. There are more than 2 million apps in the Apple App Store, generating about billions in revenue.
3) Voice assistants
For many people, the heart of the home is voice assistants such as Amazon's Alexa. It control devices in your home, tell you the weather, read out the news, play music, and lots more! There are billions of voice assistant devices in use since 2019 and envisioned to grow more than double in the coming few years.
4) Social Networking
Socialising was very different a couple of decades ago. The 2000s saw Friendster and Orkut, the sites launched in 2002 and 2004, respectively, and allowed people to fill out an online profile and connect with people, whether they knew them or not, in real life. But in the same year, 2004, Mark Zuckerberg changed everything when he launched a social networking site for college students called Facebook. It opened to the general public in 2006 and quickly left Friendster, Orkut, MySpace, and alike far behind. Today Facebook helps people connect and stay connected, but its real business is advertising. It also helped pave the way for other social networks that helped people chat, share photos and find jobs, among other activities making it the most liked platform to stay connected.
5) E-Commerce website
E-Commerce brought in a revolutionary change in the way people bought or sold their products by bringing new methods and a better shopping experience. The substantial turnaround was that anyone could start their business from anywhere as the store is on the internet and where they can sell their products at an excellent price. One can sell anything to everything online - from clothes to furniture, from plants to bags, from stationery items to plane tickets! There are many advantages of such platforms, like enabling people to buy things on the go, get a variety of options, easy payment methods, no rents for shops in every location, and many more. Many brands like Amazon, Walmart, Shopify, and Alibaba, have brought the world at the tip of their fingers.
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