The year 2022 saw the dawn of a new era in technology and innovation. With technologies like Metaverse and 5G making their way into different industries, our anticipation to perceive game-changing innovations in 2023 is reaching its zenith. Let’s take a look at the technology predictions for this year!
Artificial Intelligence at the fingertips!
AI turns out to be our problem-solving buddy. It is at our fingertips today and we are blithely leveraging its potential to solve real-world and everyday problems. From enhancing medical diagnosis, transforming the way of learning, and monitoring businesses to streamlining reducing carbon footprints and achieving sustainability goals, AI has made our way of manoeuvring smart and intelligible. The year is set to put efforts into making AI more inclusive, transparent and explainable. AI will continue to evolve with solutions like Conversational AI, Predictive Analytics, AIoT, Intelligent Automation, Adaptive AI, Edge AI and Natural Language Processing (NLP).
Datafication unlocks new possibilities!
This transformative technological trend is helping us fathom and handle the myriad of information in this data-driven world. Since datafication transforms human engagements into data-informed technology, the focus will be on keeping the data shielded and securely becoming imperative. Organizations are psyched-up to make wider adoption of datafication to boost their business operations, productivity, and revenue, gaining a competitive edge.
Web 3.0 is bringing a paradigm shift in how we use the internet!
The third generation of internet Web 3.0 (World Wide Web) is here to change the web experience by making it more intelligent, personalized, accessible and swift. Monikered as the “Semantic Web”, Web3 will focus on AI and ML to move towards an understandable intelligent network, smoothening the machine-human understanding and interaction. The decentralization of the web will not only make the sharing and storing of data more flexible, but also empower users to have ownership of their digital assets. Social media is one of the platforms which will be widely impacted by this trend. Among other things, Web 3.0 developers will hone in on decentralizing social networks, reducing carbon emissions, organizing permission-less block chain, prop-up cybersecurity, and leveraging cloud computing to boost businesses’ growth and advancement.
Diving into Metaverse and beyond!
Metaverse was one of the biggest technology buzzwords of 2022. This spatial computing platform is poised to transfigure the landscape of the digital world. The global metaverse market is estimated to grow at a compound annual growth rate (CAGR) of 39.4% by 2030 and add 5 trillion dollars to the global economy. The trillion-dollar industry is catching the attention of big technology companies who are ardent about investing and building the future of the metaverse. The technology is set to become mainstream and is expected to observe progression in the AR & VR, home in on making avatars more personalized and mature, and explore AI to unleash new possibilities.
As 2023 approaches, technological advancements will accelerate at a faster rate. Industries across the board are eager to explore the potential for disruption in order to make better decisions, improve efficiency, enhance security, and drive growth. Companies are looking to leverage technology to gain a competitive edge and stay ahead of the curve. With the advent of new technologies such as artificial intelligence, big data, and the Internet of Things, the opportunities for innovation are endless. As the year 2023 approaches, it will be exciting to see how these advancements will shape the future and impact various industries.
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