My profession as a futurist requires me to gaze into the future, so each year I write about the developing technological trends that will have an impact on how we interact with the digital world in the coming year.
Which technological advancements are proving to be the most popular? What do you consider to be the most significant trends that leaders of businesses need to be prepared for?
The top ten technological trends for 2023 that absolutely everyone has to be prepared for
The Top 10 Technological Trends That Will Dominate in 2023 and Why Everyone Should Get Ready for Adobe Stock
Continue reading to learn about the ten most important trends in technology that you should be watching in 2023.
1. The Pervasiveness of AI
In the year 2023, artificial intelligence will finally become practical for use in businesses. Any company will be able to harness the potential of artificial intelligence thanks to the no-code platform’s intuitive drag-and-drop interfaces. This will allow the company to develop more intelligent products and services.
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In the retail sector, we can already observe this developing pattern. Stitch Fix is able to provide clients with clothing recommendations that are tailored to their preferences and sizes because to the usage of AI-enabled algorithms.
2023 will also see the rise of contactless, driverless shopping and delivery services as major trends. Artificial intelligence will make it simpler for customers to pay for and receive the goods and services they purchase.
The use of artificial intelligence will also improve nearly every job and nearly every corporate function across all industries. Artificial intelligence will be used by more retailers to manage and automate the complicated inventory management operations that occur behind the scenes. As a result, convenience trends like buy-online-pickup-at-curbside (BOPAC), buy-online-pickup-in-store (BOPIS), and buy-online-return-in-store (BORIS) will become the norm in the retail industry.
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AI will also be the motor driving the newest autonomous delivery efforts that retailers are experimenting and rolling out, and an increasing number of retail personnel will need to get acclimated to working alongside machines in order to do their jobs effectively.
2. Portions of the Metaverse Will Be Transformed Into the Physical World
Although I don’t particularly care for the word “metaverse,” it has become a common shorthand for a more immersive online where we will be able to work, play, and socialise on a persistent platform. Although I don’t particularly care for the term “metaverse,” it has become a common shorthand for a more immersive internet.
It is anticipated that the metaverse will contribute $5 trillion to the economy of the world by the year 2030, and the year 2023 will be the year that establishes the course that the metaverse will follow for the following decade.
The technologies behind augmented reality (AR) and virtual reality (VR) will continue to make strides forward. One of the areas to keep an eye on is the working environment in the metaverse. I believe that by the year 2023, we will have more immersive meeting places where we can discuss, think of ideas, and collaborate on projects together.
In point of fact, Microsoft and Nvidia are already working on the development of metaverse platforms for the purpose of working together on digital projects.
In the coming year, we will also witness the development of more sophisticated avatar technologies. It is possible that an avatar, which is the presence that we project when we interact with other users in the metaverse, may look exactly as we do in the real world. Motion capture will even make it possible for our avatars to acquire our own unique body language and gestures.
Even if we are not currently logged into the digital world, it is possible that we will see further development of AI-enabled autonomous avatars. These avatars will be able to act as our representatives in the metaverse.
Training and new employee orientation are currently being carried out by businesses making use of metaverse technologies such as AR and VR; this trend is expected to accelerate in 2023. A metaverse setting known as the Nth Floor has already been developed by the multinational consulting firm Accenture. This virtual world contains replicas of real-world Accenture workplaces, allowing both newly hired workers and those who have been with the company for some time to complete HR-related duties without having to be physically present in an office.
3. Progress in Web3
The creation of more decentralised goods and services by businesses will also contribute considerably to the development of blockchain technology in 2023.
For instance, we are currently keeping everything in the cloud; however, if we decentralise data storage and encrypt that data using blockchain, not only will our information be more secure, but we will also have more creative methods to access and analyse it.
The new year will bring about an increase in the usability and applicability of non-fungible tokens (NFTs). For instance, if you purchase concert tickets from NFT, you may be able to gain access to backstage areas and purchase autographed items. NFTs may be the keys we use to interact with many of the digital products and services we buy, or they may represent contracts we enter into with other parties. Either way, we may use NFTs to interact with many of the digital goods and services we acquire.
4. Bridging the Gap Between the Virtual and Real Worlds
Already, we can observe the beginnings of a connection between the digital and real worlds, and this pattern will most likely carry on through 2023. This union consists of two parts: the first is digital twin technology, and the second is 3D printing.
Digital twins are computer simulations of real-world processes, operations, or products that can be utilised to put novel concepts through their paces in a risk-free setting provided by the internet. To be able to test under any possible situation without the expensive expenditures of real-life trials, designers and engineers are employing digital twins to reproduce physical things inside virtual environments. This allows them to test under every imaginable scenario. In the year 2023, we will see an increase in the number of digital twins used in manufacturing, machinery, automobiles, and precision medicine.
After conducting tests in the digital world, engineers are able to modify and improve components by employing 3D printing technology to create the same components in the physical world.
As an illustration, Formula One teams presently collect data relayed from sensors during races, in addition to the temperatures of the race circuit and the weather conditions, to observe how cars change across races. After that, they send the data collected by the sensors to digital twins of the engines and other components of the vehicle, where they run different scenarios to determine how best to adapt the design in real time. The teams then use the data from their trials to create car parts using 3D printing technology.
5. The Increasing Capability to Alter Nature
In the future, we shall live in a world where it will be possible to alter virtually everything, including persons, materials, and plants. With the help of nanotechnology, we will be able to design materials that have completely new properties, such as resistance to water and the ability to cure themselves.
CRISPR-Cas9 has been around for a while, but in 2023 we will see a significant acceleration in gene editing technology, which will provide us with an increased capacity to “edit nature” by modifying DNA.
The method of editing genes is analogous to that of word processing, in which it is possible to delete certain words and insert others, but in this case, the words being edited are genes. Editing genes allows for the correction of DNA mutations, the elimination of food allergies, an improvement in the overall health of plants, and even the editing of human features such as eye and hair colour.
6. Quantum Progress
There is currently a competition going on all around the world to develop quantum computing on a large scale.
It is anticipated that a technological leap known as quantum computing, which makes use of subatomic particles to produce new ways of processing and storing information, may eventually bring about the development of computers that are capable of running a trillion times more swiftly than the fastest classical processors that are currently accessible.
Any nation that develops quantum computing on a large scale will have the ability to break the encryption used by other nations, businesses, and various other types of security systems. This presents a possible risk associated with the usage of quantum computing because it might render our current methods of encryption obsolete. This is a trend that will be important to keep an eye on in 2023 as countries such as the United States of America, the United Kingdom, China, and Russia invest significant funds into the development of quantum computing technology.
7. Developments in Environmentally Friendly Technology
In order to make headway against the climate problem, one of the most significant difficulties that the world is currently confronted with is the task of reducing carbon emissions.
In the year 2023, you may anticipate the continuation of development made with green hydrogen, a new form of energy that burns cleanly and creates nearly zero emissions of greenhouse gases. Shell and RWE, two of the most important energy firms in Europe, are collaborating to build the world’s first big green pipeline from wind farms in the North Sea.
Additionally, there will be advancements made in the process of decentralising electrical grids. Using this concept for distributed energy generation creates a system of tiny power producers and storage that are positioned in communities or individual homes. As a result, these systems are able to provide power even in the event that the primary grid is unavailable. Decentralized energy initiatives have the ability to democratise power all across the world while simultaneously reducing carbon emissions, in contrast to the current state of our energy system, which is mostly dominated by enormous gas and energy firms.
8. In the Future, Robots Will Have More Human-Like Traits
By the year 2023, robots will seem and behave increasingly more similarly to humans, and this similarity will extend to their capabilities. In the actual world, robots of this type will have a variety of applications, including those of event greeters, bartenders, concierges, and companions for elderly people. Additionally, they will be able to carry out difficult jobs in warehouses and factories while working with humans in the production and logistics industries.
One business is making significant progress towards the development of a humanoid robot that can do useful tasks in our homes. Elon Musk unveiled two Optimus humanoid robot prototypes during the Tesla AI Day event that took place in September 2022. He also stated that the company would be ready to begin accepting orders within the next three to five years. Since the robot is capable of performing basic actions such as lifting objects and watering plants, it is possible that in the near future we may be able to have “robot butlers” that assist us around the house.
9. Developments Made in Fully Autonomous Systems
The heads of corporations will continue to make headway in the development of autonomous systems, particularly those revolving around distribution and logistics. A great number of warehouses and factories have already achieved either partial or complete autonomy.
In the year 2023, we will see an increase in the number of self-driving trucks, ships, and delivery robots; also, an increased number of warehouses and factories will use autonomous technology.
Ocado, a British online supermarket that advertises itself as “the world’s largest dedicated online grocery retailer,” employs thousands of autonomous robots in its highly automated warehouses to sort, lift, and move items. Ocado describes itself as “the world’s largest online grocery retailer.” In addition, the warehouse makes use of AI to ensure that the most sought-after products are positioned within easy reach of the automated picking systems. The company Ocado is now making the successful automated technology that they employ in their warehouses available to competitors in the grocery store industry.
10. Technology that is more environmentally friendly
In the year 2023, we will finally see an effort made towards developing technology that is more environmentally friendly. The majority of us, if not all of us, are addicted to technology such as our smartphones, tablets, and computers; however, where do the components that are used to make our most beloved electronic devices come from? People are going to give greater thought to the question of where the rare earth components that go into products like computer chips come from and how we use them.
In addition, we make use of cloud services such as Netflix and Spotify, both of which are still operated in enormous data centres that use up a significant amount of power.
In the year 2023, we will see a further push towards making supply chains more transparent, as a result of the growing demand from customers that the goods and services they spend their money on be environmentally friendly and supported by technology that is more eco-friendly.
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