Looking at the technology growth over the past decade, we can clearly see the massive progress we have made in terms of new technology and its applications in our everyday lives as well as in business.
So it is quite intriguing to see how future technology inventions 2050 could shape up for us, especially in business.
Therefore, we shall look at some future technology predictions in 2050. Moreover, to understand how the new modern technological marvels may impact businesses.
Future Inventions That Could Exist By 2050
The current technology trends in 2020 seem bright in terms of humans working in parallel to robots.
A lot of being said about AI taking away human jobs, but on the contrary, experts have stated that AI is expected to create up to 3 new job opportunities in-lieu than 1 job that it takes.
This means we shall be able to witness the high performance, efficiency, and accurate strategy and planning across major sectors.
IoT is witnessing major growth recently, and the future technology timeline states that it shall witness a boom similar to the dotcom era.
A lot of businesses are currently working on sustainable IoT solutions for home users as well as businesses, and soon a seamless IoT ecosystem shall emerge.
SpaceX has already taken the lead in developing a sustainable space tourism model, and there are other competitors as well as working in this avenue.
This is a huge driver in terms of job creation opportunities, new business avenues within the core business, and further marketing and sales opportunities that shall impact the top line of businesses substantially.
Here a popular future technology idea that is being widely researched and nearing implementation on a full scale.
Self-driving cars have received a major boost owing to multiple positives that it arrives with. With machines taking over, a seamless ecosystem of such cars can emerge that can result in fewer accidents, quicker transit times, and lower human fatigue which further impacts business productivity positively.
There is also the advertising opportunity where humans not involved in concentrating on the driving aspect can concentrate on the advertising boards.
With the impending global warming worries and the hunt for alternative and renewable sources of energy, the future technology timeline is expected to include improved efficiency of solar power generation, geothermal energy harnessing, and decreasing thermal power plants.
This allows for new business opportunities across the globe.
Drones are slowly taking over especially for surveillance and mapping purposes. Military applications of drones are also being highly sought after.
And now companies like Amazon and Jubilant Foodworks are employing drones for the delivery of goods and pizzas respectively.
This is quite an insight into the future as drones might form the basic ecosystem of the entire logistics industry by 2050.
A lot of fields are currently exploring VR-AR. But from an absolute business point of view, some avenues to explore can include academics, employee/customer onboarding, training, tourism such as; adventure sports, and for overall immersive entertainment. We can definitely see a lot of these applications by 2050.
Nanobots are being extensively for research to detect and cure diseases, which includes direct drug delivery. More future technology ideas in 2050 include capturing human memories and emotions. As a result, creating a forever surviving AI-based artificial body as a natural human.
New drug development can also push the human lifespan, while artificial organs can help end the dependency on donors.
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