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Emerging Technologies

Emerging technologies are always on the horizon. They refer to innovative ideas, concepts or devices, which are currently being developed or are expected to become commercially available in the near future. Emerging technologies are constantly developing and releasing to public. Some of these have the potential to change our life styles. Additionally, we must be aware of them in order to stay ahead of the curve.

Prediction

While, coming up to this point! It’s a challenging task to predict emerging technologies. Meanwhile, some following potential technologies that may emerge in future.

Edge Computing

This technology allows data processing and storage ,closer to the edge of the network. It enables faster and more efficient data processing. Cloud computing is used to process the data which is not progressing with time. Whereas, Edge Computing is used to process data in current time.

What’s Next with Edge Computing?

Edge computing enables city traffic management effectively. Such as optimizing bus frequency, managing lanes creation. In future, will be managing autonomous car flows and making it more efficient, safe and convenient.

Brain Computer Interface (BCI)

BCIs allow direct communication of brain with external devices, potentially allowing people to control machines with their thoughts. For example, a user may imagine moving his head causing a robot’s head to move in a same way.

Future of BCIs

Brain computer interfaces have already seen in assisting people with paralysis. In future they are expecting to aid people with disabilities and improve their national defensive capabilities.

Human Centered AI

Human centered AI refers to the development of artificial intelligence systems, designed with user’s needs and experiences in mind. This approach puts people at the center of AI development, ensuring that AI developed systems prefers human values, ethics and privacy. Some of its key principles are

  • Transparency
  • Fairness
  • Privacy
  • User experience
  • Accountability

Why Human Centered AI in future?

Human centered AI has potential to create more ethical, reliable, and trust worthy. AI systems that are better aligned with human values. By prioritizing the user’s experience, HC (AI) can help to ensure its development and deployment for human welfare.

Quantum Computing

Quantum Computing uses quantum-mechanical phenomena such as superposition and entanglement, to perform operations on data. Unlike classical computing, which depicts data either 0 or 1 state. It uses quantum bits or qubits, which can exist in multiple states simultaneously.

Quantum computing is still in early stages, there must be some factors to overcome before it can widely adopt. It includes developing error correction, improving qubit stability and fault tolerance methods. Lastly, once it’s done with all of these it may become the backbone of emerging technologies.

Block Chain

Basically, Block chain is a registered technology that allows for secure and transparent transactions via decentralization. Unlike traditional centralized networks, where permanent records exist on each node spread across the system. This particular specification makes it difficult to lose data. Moreover, Once a block is added to chain, it’s virtually impossible to modify or delete without the consensus of network. Some of its potential applications include:

  • Crypto Currency
  • Supply Chain Management
  • Identity Verification
  • Voting Systems
  • Smart Contracts

Impact of Emerging Technologies on Society & Economy

Emerging technologies have potential to significantly impact society in both.Further, Some of following examples are:

  • Increased efficiency and productivity
  • Improved health care
  • Advancements in living style
  • Environmental sustainability.