An increasingly multi-layered digital mesh and new channels such as chatbots, AR, VR and mixed reality means our data is used in new ways that goes beyond what we now call the internet and digital or mobile influence. Forget the information or digital economy, the automation economy increasingly scales machine learning, algorithms and AI to the point where many of our jobs are affected. As mobile devices continue to replace PCs and secretaries, the device mesh, smarter apps and innovation in IoT and new more powerful wearable devices means sensors in the IoT device mesh become more accessible. Facial recognition, drones, wearables and new kinds of VR, AR and mixed reality mix with video to create new modes of expression and social interaction.
As an amateur futurist I'm always watching the trends of innovation, here are some technology trends I'm keeping a close eye on as we approach 2017. Now we are entering a period where the convergence of multiple technologies and integrations results in an exponentially increasing potential for disruption in the future of work, commerce, manufacturing, Bigdata and AI. Distributed ledger technology that are decentralized databases that are hacker and fraud proof don't just have the potential to impact Banking and FinTech, but transform how our digital identity and customer reviews work. In an era where trust in at an all-time low between citizens and institutions, the blockchain can give the fallen credibility of various institutions a new measure of legitimacy. You would not have thought Amazon's 9-inch tall cylinder speaker controlled by a cloud-based voice assistant that goes by the name Alexa would change the world, but it's becoming increasingly apparent this product is a deal-breaker that not only tap into chatbots, product search and ecommerce but the future of how apps work together via a personal assistant.
New Roles "Brands that are leveraging data science today are largely forced to do the heavy lifting themselves. That will change in 2018 - we'll have tools that won't just manage analysis; they'll also prescriptively recommend and execute the best course of action based on a marketer's desired outcome. Not only will the technology actually deliver on those promises, it will also be broadly accessible to all growth-oriented ecommerce brands. Roles that are nearly entirely dedicated to operating software, for example, will start to be phased out - both in house and across the broader services industry. Marketers will be forced into - or more accurately, will finally be able to experience - roles that are increasingly strategic, creative, and above everything else: customer experience oriented."
A successful startup is associated with a brilliant idea accompanied by brilliant execution. Startups oftentimes base their innovations on the latest technologies and trends. In fact, the innovations they come up with are sometimes so incredible that it is received very well by the market. Technology changes at a fast pace but gives enough opportunities for innovation. So, those planning to build a startup or aiming to update their business models can base it on the technologies described below.
Artificial intelligence has been fascinating to the human imagination since the term was first used by the first science fiction writers. The roots of the concept of "artificial intelligence" must be sought deep in the ancient world, where folklore, legends and myths in almost every culture spoke of artificially created creatures endowed with supernatural intelligence, consciousness or other human qualities. The only factor uniting the myths of the whole world is that artificial intelligence was always created by a man so passionate about his work that his brainchild went beyond the boundaries of matter and turned into life, sometimes surpassing man. Now we are standing at the crossroads of history, where two progressive technologies are beginning to merge and produce an absolutely new phenomenon. At first glance, the apparent antithesis of AI, the blockchain technology, exploded on the global technology arena as progress in technological constraints; a revolution that announced the creation of completely new industries and new perspectives.