The early 2000s were not a good time for technology. After entering the new millennium amid the impotent panic of the Y2K bug, it wasn't long before the Dotcom Bubble was bursting all the hopes of a new internet-based era. Fortunately the recovery was swift and within a few years brand new technologies were emerging that would transform culture, politics and the economy. They have brought with them new ways of connecting, consuming and getting around, while also raising fresh Doomsday concerns. As we enter a new decade of the 21st Century, we've rounded up the best and worst of the technologies that have taken us here, while offering some clue of where we might be going. There was nothing much really new about the iPhone: there had been phones before, there had been computers before, there had been phones combined into computers before. There was also a lot that wasn't good about it: it was slow, its internet connection barely functioned, and it would be two years before it could even take a video.
The modern world is changing more and more quickly with each passing year. If you don't pay attention to new changes or keep up the pace, it's easy to fall behind the times (and the market) while other companies beat you to the punch. To keep abreast of current changes – at least at a level of basic understanding. Adding to that, if you can't understand the buzzwords others are using in conversation, it's much harder to look smart while participating in that conversation. In this post, we're going to give you the 10 IT & technology buzzwords you won't be able to avoid in 2020 so that you can stay poised to take advantage of market opportunities and new conversations alike. The first in our definitive rundown of tech buzzwords 2020 is computer vision. Exciting and futuristic, the concept of computer vision is based on computing devices or programs gaining the ability to extract detailed information from visual images.
At the Last Futurist, we enjoy looking at AI Trends and digital transformation trends. In between those two are more broad technology trends. In fact these topics make up the mission statement of this new news site. However the last decade had a lot of technology and gadgets that didn't fare so well in the real world. The decade was mobile all the way, with mass adoption taking place the way we might expect the brain-computer interface (BCI) to achieve mass adoption in a future decade years from now. In the decade ahead the move to automated stores and electric vehicles are real trends, but it's important to differentiate the hype from the reality. Autonomous vehicles, quantum computing going mainstream, better self-learning AI, hang on a second! Even mass adoption of digital currencies is coming faster. From computers to the internet and smart phones, a few generations shows a lot of progress. But technology never stands still. Advertising has scaled a world of surveillance capitalism normalization and an AI-arms race is now taking place. Most technology trends and AI listicles only touch the surface of how humans are embedding technology increasingly into their lives. However looking at it from the perspectives of many industries and across technology and innovation stacks gives a more complete picture. The real world and customer experience are the real tests for new technological innovations and pivots. It will take decades for 3D printing, quantum computing and an AGI to even become mature, but an age of biotechnology and AI in healthcare, education and finance is inevitable. From Huawei, to ByteDance (TikTok), to Didi, China will wage major battles for global market share in 5G, consumer apps, E-commerce, mobile payments and ride sharing, among others. Chinese led tech companies -- with the support of the Chinese Government and venture funds such as Softbank Vision Fund -- can mean that in the 2020s China's ecosystem fully replaces Silicon Valley as the leader of innovation. In 2019, some believe this has already occurred.
With the progressing year, the technology diversified ways in which we could communicate and retrieve the information from the pocket fitting devices. Technologies such as IoT, automation, and cognitive computing moved beyond the conceptual stages in 2016. As the year takes up, companies throughout the world are developing their business strategies. In order to move forward in the competition, companies are turning towards major investments in technology. The world's biggest consumer technology convention, CES is one of the best places to find a handful of key technologies. CES 2017 finished another spectacular year with pioneering technology trends including smart homes to self-driving cars. This year is assumed to bring transformative technology trends for us to explore and invest in. AI, also known as Artificial Intelligence has been studied for decades and now the vision of transforming insentient objects into intelligence is gradually becoming a reality. AI based Innovations are now pondering into the market and becoming part of our daily lives with quick adaptability. Artificial intelligence assists humans and handles the tasks flawlessly, without interrupting your comfort. Whether to set an alarm, or remind you of something important, or to play your favorite music or to read out general news for you or to find your phone, AI can make the task more convenient and smart. Sit back and relax while you command your device to do things for you.