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 2050 to understand how business shall be affected due to the new modern technological marvels.
Future Inventions That Could Exist By 2050
The current technology trends in 2020 seems 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 of 1 job that it takes. Which 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 business, 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 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 is one among many popular future technology ideas that are being widely researched and nearing implementation on a full scale. Self-driving cars has 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 with them being put to use 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 delivery of good 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.
VR-AR is currently being explored in a lot of fields. But from an absolute business point of view, some avenues to be explored 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 researched to detect and cure diseases, which includes direct drug delivery. Some more future technology ideas 2050 include capturing human memories and emotions to create 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.