It’s thrilling to see how rapidly and transformatively today’s revolutionary innovations are being used to fix some of the world’s most pressing issues, such as supporting an increasing global population, enhancing efficiency in the delivery of healthcare, and dramatically lowering carbon emissions to reduce climate change’s negative effects. Entrepreneurs, investors, and the world’s largest business R&D organizations will concentrate on designing and deploying strategies that will produce meaningful results over the next five years, resulting in substantial progress in addressing these issues. Here are the predictions for the near future technology, ranging from quantum computers and 5G in motion to chronic cancer management!
5G will improve the global economy while also protecting the public
The energy transition will hit a tipping point in the next five years. The marginal cost of renewable energy in new buildings would be lower than the marginal cost of fossil fuels. A leading technology ecosystem would have created an atmosphere in which challenges can be jointly solved and innovation implementation can be scaled up quickly. As a result, offshore wind power would have improved significantly. We would have accomplished this through a steadfast dedication to digitalization, which will have advanced at a pace consistent with Moore’s law, mirroring the solar industry’s innovation curve.
Manufacturing that is AI-assisted
Today’s status quo includes paper and pencil monitoring, chance, extensive global travel, and opaque supply chains, all of which waste a lot of resources, materials, and time. Companies that rebuild products will easily implement cloud-based technology to aggregate, intelligently transform, and contextually present product and process data from production lines across their supply chains, helped in part by COVID-19’s long-term shutdown of international and regional travel.
A new age in computing has begun
Quantum computing will have advanced beyond its infancy by 2025, and the first phase of commercial systems will be capable of solving real-world problems. The simulation of complex chemical reactions, a powerful tool that opens up new avenues in drug production, will be one of the main applications of this new form of machine. Molecular modeling simulations can also assist in the production of innovative materials with desired properties, such as better catalysts for the automotive industry that minimize emissions and help in the battle against climate change.