Emotional AI and other 'moonshot' technologies could grow to $6 trillion market by 2030, says Bank of America
"The pace at which themes are transforming businesses is blistering, but the adoption of many technologies -- like smartphones or renewable energy -- have surpassed experts' forecasts by decades, because we often think linearly but progress occurs exponentially," say the strategists. They say a paradigm shift in the explosion of data, faster processing power and the rise of artificial intelligence will bring about the "fastest rollout of disruptive tech in history." And in the big stock universe, an increasing few are showing investors the money. "Over the past 30 years, just 1.5% of companies generated all the net wealth on the global stock market, meaning that actually only a handful of disrupters ("superstar firms") really influence long-term financial markets," says Israel and the team. Here are the 14 technologies: 6G, brain computer interfacing (BCI), emotional artificial intelligence, synthetic biology, immortality, bionic humans, eVTOL (electrical vertical takeoff and landing vehicles), wireless electricity, holograms, metaverse, next-gen batteries, oceantech (ocean energy, precision fishing, etc.), green mining and CCS (negative-emissions technology that captures and stores carbon dioxide before it can be released).
Sep-22-2021, 01:00:07 GMT
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