10 technology trends that could prove to be real game-changers – Mint
Smarter algorithms and machine language: AI has been the driving force for most products, applications and even devices that we use today. On 22 November, Gartner predicted that the total revenue in the AI software market is expected to hit $62.5 billion in 2022, an increase of 21.3% from 2021. The AI software market is picking up speed, but its long-term trajectory will depend on enterprises advancing their AI maturity," said Alys Woodward, senior research director at Gartner.
AI deployment in 2022 will be in knowledge management, virtual assistants, autonomous vehicles, digital workplaces and crowdsourced data, Gartner said. In addition, companies like Google are developing newer language learning models like LaMDALanguage Model for Dialogue Applicationswhich, the company claims, can hold their own in natural conversations.
Faster networks with bigger bandwidth: 5G has been in the works for what seems like years now, but 2022 may finally be the year we see these next-generation networks rolling out. India has already approved trial spectrum for telcos such as Bharti Airtel and Reliance Jio. The 5G spectrum auctions are expected in the first half of next year. 5G networks will start rolling out to the public next year if all goes well. In short, 5G means lower latency, which is what users perceive as speed. The new networks will allow new use cases for enterprises, enable smart city implementations and more.
Intelligent cloud and edge computing: The new use cases with 5G networks are heavily dependent on 5G. For instance, in September, Airtel tested Indias first cloud-gaming session in a 5G environment at its Manesar facility. The companys chief technology officer, Randip Sekhon, said cloud gaming would be among the biggest use cases" for 5G networks. The dependency on the cloud will only increase among enterprises.
Moreover, edge computing is finally set to flourish. It is helping enterprises bring the data and computing requirements closer to the users device. This trend will help make products like driverless or autonomous vehicles more efficient.
More interconnected devices that talk to each other: Earlier this month, Airtel, Invest India and the National Investment Promotion and Facilitation Agency announced a Startup Innovation Challenge. The challenge asks early-stage startups to create new use cases involving IoT. As data flows faster and computing power comes from large server farms using the cloud, more devices can start connecting and working as one. A June report by Gartner said the IoT endpoint electronics and communications market will touch $21.3 billion in 2022, increasing its forecast by 22% against the 2021 predictions. This is driven by governments using IoT for surveillance, enterprises using connected devices for everything from banking to communication, and delivering new products.
Privacy gaining ground: After about two years of deliberation, the joint parliamentary committee (JPC) on the Data Protection Bill was finally able to table its report on the bill during the ongoing winter session of Parliament. The JPC recommended that India have one bill to regulate personal and non-personal data and stop companies from profiling childrens accounts and using targeted ads for them. The bill also gives consumers rights over their data. But India isnt the only country looking into such data regulations. Indias bill borrows heavily from the European General Data Protection Regulation (GDPR), and governments worldwide are also considering such regulations. Big Tech firms are fighting lawsuits against government bodies, competition regulations and more. The outcome of all these cases will impact how our data is used in the future.
Mixing and blending realities: In 1964, an animated science-fiction franchise called Jonny Quest imagined a virtual world called QuestWorld. The protagonists would put on futuristic virtual reality (VR) headsets and fight battles in a virtual world. It was futuristic then, but VR and augmented reality (AR) headsets are all too familiar now. In fact, they have been for almost a decade now. But in 2021, Facebook launched a product called Ray-Ban Stories, partnering with eyeglass maker Ray-Ban for a pair of smart glasses that look and feel almost exactly like regular spectacles. Tech firms aim to make these devices ubiquitous and reach economies of scale that comes from selling millions of devices worldwide.
Immutable and interconnected ledgers: If AI was the key change maker over the past decade, blockchain might well enable the next step in the technology. According to many estimates, India has become one of the top players in cryptocurrency adoption worldwide, but whats seen as a trading asset today has more significant implications. Cryptocurrencies are powered by blockchain technology, and in April, the International Data Corp. said that organizations would spend as much as $6.6 billion on blockchain solutions in 2021 alonea 50% increase from 2020. The market researcher also predicted an annual average growth rate of 48% between 2020 and 2024. Indias second crypto unicorn, CoinSwitch Kuber, has said that it aims to support other blockchain firms in India. Industry stakeholders and experts understand that blockchains will power cross-border payments, banking and much more in future. Even the Reserve Bank of Indias upcoming Central Bank Digital Currency, or a digital rupee, will be powered by blockchain technologies.
The third generation of the internet: The hit HBO show Silicon Valley has imagined a new internet void of dominance by Big Tech firms, governments and more. The idea may sound utopian, but thats exactly what companies building apps for the third generation of the internet (web3) are building today. Companies like Google, Apple, Facebook and others benefit greatly from the fact that most of the worlds data flows through their servers. However, with web3, the power is handed back to the users in a way. It runs without servers, depends on a network of phones, computers and other devices, and bars any one person or entity on the network to wield control on datain a word, decentralization. For instance, Noida-based Ayush Ranjan has built the worlds first decentralized video chat app. Unlike Google Meet, Zoom, the Huddle 01 app doesnt require users to create an account, and the company doesnt have its own data centres to store your data in or record calls. Instead, it stores all the data in a decentralized manner and uses computing power from users devices to power the calls.
Rise of the metaverse: 5G, cloud computing, IoT, web3 are all tools in a larger vision that technologists and technology leaders have right now. And thats called the metaverse. Facebooks Mark Zuckerberg is so confident that the metaverse is coming that he rebranded his company, one of the most valuable in the world, to Meta as an effort to show where his focus is today. Author Neal Stephenson is often credited with coining the term in his 1992 novel Snow Crash, and it has also been explored in contemporary movies like Ready Player One. The metaverse is not a technology; it is a concept. Zuckerberg and others expect that we will do everything from conducting meetings to hosting parties in a virtual space and through very realistic looking avatars. Instead of shopping on an e-commerce store, the avatar will walk into a virtual store, try on a product and have the physical product delivered to our homes too. However, hardware veterans like Intels Raja Koduri have warned that the computing power we have today is nowhere close to being sufficient for the metaverse Zuckerberg imagines.
Quantum computing: That brings us to what could be the most transformational trend in technologyquantum computing. Any country with aspirations to be a leader in technology has its sights set on quantum computing. While web3 is a new internet, quantum computing establishes a whole new computer. Our traditional computers can take information in 0 and 1, and their computations are limited by this. Quantum computers, on the other hand, use concepts of quantum physics to enhance the amount of computing power we can use. A quantum computer is far from reality right now, and it could be the kind of computing power Koduri says we need for the metaverse. In the 2020 Budget, the government had allocated 8,000 crore over the next five years for developing quantum computing tech. It has also launched a Quantum Simulator, which allows researchers to build quantum applications without a real computer.
Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Never miss a story! Stay connected and informed with Mint. Download our App Now!!
Follow this link:
10 technology trends that could prove to be real game-changers - Mint
- Prediction: These 2 Quantum Computing Stocks Will Be the Biggest AI Winners of 2025 - Yahoo Finance - February 20th, 2025 [February 20th, 2025]
- 4 AI Stocks to Watch in the Quantum Computing Revolution - The Motley Fool - February 20th, 2025 [February 20th, 2025]
- Quantum Watch: 3 Quantum Computing Startups Set to Disrupt the Industry - TipRanks - February 20th, 2025 [February 20th, 2025]
- D-Wave, IonQ and Quantum Computing Stocks Pop: What's Driving the Momentum? - Benzinga - February 20th, 2025 [February 20th, 2025]
- Microsoft quantum breakthrough promises to usher in the next era of computing in 'years, not decades' - GeekWire - February 20th, 2025 [February 20th, 2025]
- Microsoft claims practical quantum computing could be ready in 'years rather than decades' with new computer chip - Fortune - February 20th, 2025 [February 20th, 2025]
- Microsoft unveils chip it says could bring quantum computing within years - The Guardian - February 20th, 2025 [February 20th, 2025]
- Microsoft created a new type of matter for its quantum computing chip - Quartz - February 20th, 2025 [February 20th, 2025]
- Kipu Quantum and IBM Introduce New Optimization Function in Qiskit Functions Catalog - Quantum Computing Report - February 20th, 2025 [February 20th, 2025]
- Microsoft reveals its first quantum computing chip, the Majorana 1 - MSN - February 20th, 2025 [February 20th, 2025]
- How Microsoft is rewriting the rules of reality with quantum computing - Interesting Engineering - February 20th, 2025 [February 20th, 2025]
- Microsoft Makes Quantum Computing Breakthrough With New Chip - The New Stack - February 20th, 2025 [February 20th, 2025]
- Should the Government Fund a Manhattan Project for Quantum Computing? - Built In - February 20th, 2025 [February 20th, 2025]
- This Quantum Computing Stock Just Announced a Key New Sales Strategy and Its First Customer - Barchart - February 20th, 2025 [February 20th, 2025]
- HPE launches slew of Xeon-based Proliant servers which claim to be impervious to quantum computing threats - TechRadar - February 20th, 2025 [February 20th, 2025]
- Quantum Computing (NASDAQ:QUBT) Trading Down 4% - Here's What Happened - MarketBeat - February 20th, 2025 [February 20th, 2025]
- 4 AI Stocks to Watch in the Quantum Computing Revolution - MSN - February 20th, 2025 [February 20th, 2025]
- The Next Big Thing in Quantum Computing: 3 Startups to Watch - PUNE.NEWS - February 20th, 2025 [February 20th, 2025]
- Quantum Computing Is Closer Than Ever. Everybodys Too Busy to Pay Attention. - The Wall Street Journal - February 14th, 2025 [February 14th, 2025]
- Practical Quantum Computing Five to Ten Years Away: Google CEO - The Quantum Insider - February 14th, 2025 [February 14th, 2025]
- Oxford scientists say they have achieved teleportation - The Independent - February 14th, 2025 [February 14th, 2025]
- D-Wave Quantum Announces Another Sale. Its a Milestone in Quantum Computing. - Barron's - February 14th, 2025 [February 14th, 2025]
- This Canadian company is out to stop the biggest quantum computing threat - The Logic - February 14th, 2025 [February 14th, 2025]
- QphoX, Rigetti, and Qblox Demonstrate Optical Readout Technique for Superconducting Qubits - Quantum Computing Report - February 14th, 2025 [February 14th, 2025]
- Quantum computing is already here, experts say - DIGITIMES - February 14th, 2025 [February 14th, 2025]
- FS-ISAC Releases Guidance to Help the Payment Card Industry Mitigate Risks of Quantum Computing - The Quantum Insider - February 14th, 2025 [February 14th, 2025]
- Quantum Corporation: Improved Results, But Still Not A Quantum Computing Play - Sell - Seeking Alpha - February 14th, 2025 [February 14th, 2025]
- Why AI firms should follow the example of quantum computing research - New Scientist - February 14th, 2025 [February 14th, 2025]
- Unlocking the Future: IonQ Revolutionizes Quantum Computing at CES 2025! - Jomfruland.net - February 14th, 2025 [February 14th, 2025]
- Billionaire Bill Gates Thinks Quantum Computing Could Be Ready for Prime Time Within 3 to 5 Years. Could Nvidia Be in Trouble If He's Right? - The... - February 14th, 2025 [February 14th, 2025]
- Quantum Computing in 2025: Will the Asia Pacific Continue Its Advancement? - Telecom Review Asia - February 14th, 2025 [February 14th, 2025]
- Is D-Wave the Future of Computing? Discover the Quantum Leap! - Jomfruland.net - February 14th, 2025 [February 14th, 2025]
- Revolutionizing Computing: The Rise of D-Wave! The Future of Quantum Technology - Jomfruland.net - February 14th, 2025 [February 14th, 2025]
- Quantum computing startup OQT announced on the 13th that it has attracted 3 billion won worth of see.. - - February 12th, 2025 [February 12th, 2025]
- 2 Top Quantum Computing Stocks to Buy in 2025 - The Motley Fool - February 12th, 2025 [February 12th, 2025]
- 3 Top-Rated Quantum Computing Stocks To Buy In February 2025 - Barchart - February 12th, 2025 [February 12th, 2025]
- Quantum Computing Breakthrough Brings Us Closer to Universal Simulation - SciTechDaily - February 12th, 2025 [February 12th, 2025]
- Allston quantum computing firm plans to nearly double workforce - The Boston Globe - February 12th, 2025 [February 12th, 2025]
- Quantum Computing: A Beginners Guide to Understanding the Next Revolution - TipRanks - February 12th, 2025 [February 12th, 2025]
- Want to Invest in Quantum Computing? 1 Stock That Is a Great Buy Right Now. - The Motley Fool - February 12th, 2025 [February 12th, 2025]
- 2 Top Quantum Computing Stocks to Buy in February - The Motley Fool - February 12th, 2025 [February 12th, 2025]
- Oxford quantum teleportation breakthrough brings scalable quantum computing closer to reality - Innovation News Network - February 12th, 2025 [February 12th, 2025]
- Preparing for a Quantum Computing Nightmare on the Stock Exchange: What Is Q-Day? - TipRanks - February 12th, 2025 [February 12th, 2025]
- Are Quantum Computing Stocks Worth The Investment? - Seeking Alpha - February 12th, 2025 [February 12th, 2025]
- 7 Best Quantum Computing Stocks to Buy in 2025 | Investing - U.S News & World Report Money - February 12th, 2025 [February 12th, 2025]
- Quantum computing will bring lost Bitcoin 'back in circulation Tether CEO - Cointelegraph - February 12th, 2025 [February 12th, 2025]
- Tether CEO predicts quantum computing could recover lost Bitcoin - crypto.news - February 12th, 2025 [February 12th, 2025]
- Tether CEO Paolo Ardoino Says Quantum Computing Will Allow Hackers To Take Bitcoin From Lost Wallets - The Daily Hodl - February 12th, 2025 [February 12th, 2025]
- Quantum computing wont kill Bitcoin but it might unlock Satoshis wallet, says Tether CEO - DLNews - February 12th, 2025 [February 12th, 2025]
- Partnership Delivers Scalable Quantum Computing with QEC Capability - EE Times - February 7th, 2025 [February 7th, 2025]
- PsiQuantum and Microsoft Selected to Move on to the Final Validation and Co-Design Stage of DARPAs Underexplored Systems for Utility-Scale Quantum... - February 7th, 2025 [February 7th, 2025]
- Google targets commercial quantum computing within five years - Dig Watch Updates - February 7th, 2025 [February 7th, 2025]
- Googles Quantum Computing Chief Challenges Nvidias Jensen Huangs 20-Year Timeline: 'Within Five Years Well See Real-World Applications That Are... - February 7th, 2025 [February 7th, 2025]
- Quantum Leap or Market Mirage? D-Wave Stock and the Future of Computing - Mi Valle - February 7th, 2025 [February 7th, 2025]
- The Promises and Pitfalls of Quantum Computing in Chicago - Illinois Answers Project - February 7th, 2025 [February 7th, 2025]
- Quantum Computing in Smaller Bytes, Thanks to Fordham Students Invention - Fordham University - February 7th, 2025 [February 7th, 2025]
- Is IonQ the Golden Ticket in Quantum Computing or Just a Risky Gamble? - Jomfruland.net - February 7th, 2025 [February 7th, 2025]
- Is IonQ the Future of Quantum Computing or Just a Risky Gamble? - Jomfruland.net - February 7th, 2025 [February 7th, 2025]
- D-Wave, Quantum Computing, and Rigetti Stock Slip on Trade War Fears - Barron's - February 7th, 2025 [February 7th, 2025]
- Discover the Next Wave of Quantum Computing Shares: Are They Worth the Investment? - Mi Valle - February 7th, 2025 [February 7th, 2025]
- Unlocking the Future: How Rigetti, IonQ, and D-Wave Are Pioneering Quantum Computing - Mi Valle - February 7th, 2025 [February 7th, 2025]
- Discover the Next Wave of Quantum Computing Stocks: Are They Worth the Investment? - Mi Valle - February 7th, 2025 [February 7th, 2025]
- Google says commercial quantum computing applications arriving within five years - Yahoo Finance - February 5th, 2025 [February 5th, 2025]
- Google says commercial quantum computing applications arriving within five years - Reuters - February 5th, 2025 [February 5th, 2025]
- The necessary next step for quantum and high-performance computing is sustainability, Northeastern experts say - Northeastern University - February 5th, 2025 [February 5th, 2025]
- Bill Gates: There's a possibility quantum computing will become useful in 3 to 5 years - Yahoo Finance - February 5th, 2025 [February 5th, 2025]
- Google Bets on Quantum Computing, Aims for Commercial Use in Five Years - Yahoo Finance - February 5th, 2025 [February 5th, 2025]
- Quantum Computing Stocks Tumbled in January. Should You Buy the Dip? - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Bill Gates Predicts Useful Quantum Computing Is 3 to 5 Years Away - IoT World Today - February 5th, 2025 [February 5th, 2025]
- Intel (NASDAQ:INTC), Japanese Government Working Together on Quantum Computing Development - TipRanks - February 5th, 2025 [February 5th, 2025]
- Interested in Investing in Quantum Computing Stocks? Here's a No-Brainer Buy. - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Quobly Opens a New Quantum Chip Test/Characterization Facility and Expanded Offices - Quantum Computing Report - February 5th, 2025 [February 5th, 2025]
- SEALSQ (LAES) Invests $20M in AI and Quantum Computing Startups - Yahoo Finance - February 5th, 2025 [February 5th, 2025]
- Google says quantum computing applications are five years away - Digital Trends - February 5th, 2025 [February 5th, 2025]
- Google (GOOGL) Aims to Release Commercial Quantum Computing Apps Within Five Years - TipRanks - February 5th, 2025 [February 5th, 2025]
- Quantum Leap: Is Rigetti Computing the Next Tech Sensation? - Jomfruland.net - February 5th, 2025 [February 5th, 2025]
- Google Bets on Quantum Computing, Aims for Commercial Use in Fiv - GuruFocus.com - February 5th, 2025 [February 5th, 2025]
- Quantum Computing at the BMW Group. - BMW Group - February 5th, 2025 [February 5th, 2025]
- Google says commercial quantum computing applications arriving within five years - TradingView - February 5th, 2025 [February 5th, 2025]
- D-Wave Launches "Quantum Realized" Brand Campaign to Illustrate Benefits of Todays Quantum Computing - Yahoo Finance - February 5th, 2025 [February 5th, 2025]