Technology is changing our world at an ever-increasing pace. We are constantly connected, whether through our smartphones or robots. Communication is no longer face-to-face or handwritten or even written, but instantaneous and instantaneous through a variety of channels including voice assistants, text messages, and video calls.
The advancement of technology has changed our lives in amazing ways, enhancing the quality of life from generation to generation. However, there are some risks particularly in the job market. Some people are worried that the latest technology will take over human jobs. This may happen in some instances. We know from the past however that the creation of new jobs will offset the loss of some jobs.
Robotics, artificial intelligence, and natural language processing are revolutionizing the workplace. We are also experiencing the impact of drones as well as 5G networks, blockchains and quantum computing.
These technologies will transform business processes with increased levels of connectivity, automation and security. Blockchains, for example, are reshaping supply chains by making them more secure and mimic human behavior delivering irrefutable transaction records. 5G will also allow businesses to process data closer where it came from (ultra low latency) and attain data sovereignty, and increase security by reducing data transmission costs.
Furthermore, augmented and virtual reality are changing how we interact with technology and information, creating immersive experiences that look and feel like real life. We’re also witnessing significant progress in areas like gene editing, which could reduce the incidence of genetic diseases ranging from hereditary diseases, such as cystic fibrosis to muscular dystrophy and could even prolong our lifespans.
