From applied AI to edge computing: 14 tech trends to watch

The rapid emergence of new technologies, such as artificial intelligence, edge computing and smart mobility, is accelerating the pace of digital transformation worldwide. Covid-induced market disruptions and widespread adoption of hybrid work models have also fast-tracked the process along with the influx of new investment in the sector. Global spending on digital transformation is predicted to jump almost 18 per cent annually to $1.8 trillion this year, according to Massachusetts-based researcher International Data Corporation. "Technology is changing everything in our work and home lives," Lareina Yee, senior partner at McKinsey and chair at McKinsey Technology Council, said. The consultancy launched the McKinsey Technology Council to help understand new technologies and how they will affect end users.