We are about to cross into the year 2020. The year holds a lot of promises with respect to technology.
We’re seeing some of them here already and these trends are going to get bigger and perhaps take a life of their own.
Artificial Intelligence as a Service
Today we see Software as a service being talked about front and center.
Why wouldn’t they be?
With SaaS, it’s easy for any company to outsource bits of technology they don’t have the manpower to carry out efficiently. Plus if the particular vendor isn’t suitable, they can move out at a moments notice. With SaaS scaling is easy. There’s a cost to infrastructure building and staffing. There’s also the recurring headache of having to deal with software updates and snags. SaaS gives all the power of software minus the drawbacks.
AI is today becoming mainstream. It’s at the cusp of the same kind of revolution where SaaS used to be some years ago.
AI based systems and infrastructure is going to be costly. It may be out of reach for most businesses. That’s how SaaS is today and that’s birthed the need for it. That’s why it’s important to work with businesses that make AI easy to grasp and cheap.
AI applications will allow companies to feed data and pay a usage fee for running the servers. We have cloud compute servers from Google and Amazon AWS that let us run instances for a fixed hourly fee, allowing us to tweak RAM and GPU requirements as we deem fit. These Cloud compute servers give us a taste of what it’s going to be like. AI will see wider option and we will be marketing and creating a lot of things with the help of AI.
The practical applications?
Your AI bot will design marketing messages for your business.
Your AI bot will tell you which logo maker to use for your site. You will be able to design stunning logos that way. It will also pervade other areas of your life.
With the new year we will witness wider adoption of AI.
Transportation made a big foray into automed driving in 2018 and 2019. We can expect that the hiccups we saw with autonomous vehicles getting ironed out as time goes by.
The future belongs to self driving cars. If that doesn’t make you excited what does?
Elon Musk expects his company Tesla to manufacture fully autonomous vehicles by the end of this year. There are also a lot of models that can operate without certain extent of hand holding bringing a certain degree of automation to driving. Examples such as automated braking, lane changing and automated gears are already common sight and will inform the future as well.
Other car functions like security and entertainment inside the car will become automated as its tied to personal data. This will enable cars and other every day items to deliver personalized user experiences.
Waymo Google’s self-driving car company completed successful trials for autonomous taxis using the technology through which they transported 6200 passengers in 2019. As it goes mainstream, Uber and Lyft and other such companies will join the bandwagon
The phenomenon will also absorb trucks and ships in its wake making the entire transportation industry witness and adapt to a new reality.
Laws will have to change before such changes become common place and so do people’s attitudes towards self driving vehicles. Only then there can be a measurable change.
New Ways of Communication
Email has long been at the front seat of communication. Be it workplace emails or transactional emails, emails as a form of communication have ruled the roost.
With workplace apps and messaging apps driving a lot of communication this is changing. And customers are driving this change. They are asking companies to provide support over social media channels rather than on email or phone.
In the future, this will leap ahead as 5G promises that data will be much more faster. This will enable real time video communication minus the lags that plague us today. At the office, Slack and Chanty are making a beaten path to the preferred collaboration tool.
Just because crypto currencies are falling in value doesn’t mean there isn’t a place for blockchain technology.
Blockchain is a real time digital ledger which because of its decentralized nature makes it impossible for anyone to forge transactions.
There’s continued interest in it by big names like fedEx, IBM and Mastercard and we can expect that blockchain will be used to show some real world results like to make banking more secure.
The future seems extremely exciting thanks to the array of choices that come to us courtesy of technological advances.
What’s your take on these trends?