Technology Advancements That Will Transform Our Future In The Next Five Years

The Future of Technology in business, education and the global economy in the next five years.

Read Time:3 Min, 59 Sec

“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.” – Bill Gates

Evolution of Remote Work

The remote workforce is growing at an astonishing rate. We are waltzing into a new era of hypermobility. There are abundant resources available to help companies manage and grow a remote workforce. Remote work is a reality today and is happening now. Global workplace analytics reported that 90% of employees work remotely (in some way) at least once a week. You also might already be working remotely without even realizing it. Companies encourage employees to have conference calls and collaborate via screen sharing. All this because few of the teams are already distributed across different regions.

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Next-Gen Education

Technology has transformed almost every aspect of our lives, and now it seems that education systems around the world are due for an update.

Educators are tapping into the digital revolution and adopting new technologies to help students reach their full potential, but can they adapt quickly enough to prepare children for the changing future of work?

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AI Chatbots

Chatbots could help fill the gap. Although there will always be a need for human customer service agents, even when chatbots with AI are deployed, the coronavirus outbreak is demonstrating just how valuable this automated technology can be for brands working in a time of crisis. Already, chatbot companies like LivePerson say they’re seeing significant increases in volume on their platforms. As the pandemic widens, even more companies are likely to start integrating chatbots into their customer service systems.

A few examples of these include:

Unsupervised Machine Learning

This makes it useful in cybersecurity where the attacker is always changing methods. It’s not looking for a specific label, but rather any pattern that is out of the norm will be flagged as dangerous, which is a much better method in a situation where the attacker is always changing forms. 

Unsupervised Learning will first create a baseline for your network that shows what everything should look like on a regular day. This way, if some file transfer breaks the pattern of regular behavior by being too large or sent at an odd time, it will be flagged as possibly dangerous by the Unsupervised system. 

A Supervised Learning program will miss an attack if it has never seen it before because it hasn’t yet labeled that activity as dangerous, whereas with Unsupervised Learning security, the program only has to know that the action is abnormal to flag it as a potential threat. 

Augmented & Virtual Reality

Courtesy: Amazon Prime Video Canada, Vancouver, B.C. - Upload
Courtesy: Amazon Prime Video Canada, Vancouver, B.C. – Upload

With the enthusiastic pace of technology development, businesses are continually looking for the next big wave to successfully take their digital experience offerings to the whole new level. Augmented Reality (AR) and Virtual Reality (VR), once the stuff of science fiction and fantasy, are becoming increasingly commonplace — moving well beyond the gaming realm into everyday use for education, marketing, and enterprise. Learn more about this technology. 

Quantum Computing

QUANTUM COMPUTING

What we can imagine are classical computers tapping into quantum computers for tasks too unwieldy or intractable for them, like molecular simulation. That’s how quantum computers will provide a “quantum advantage” for certain tasks. In September 2019, the University announced the creation of the Princeton Quantum Initiative to foster exploration and education across the spectrum from fundamental quantum research to applications in areas such as computing, sensors, and communications. The initiative’s inaugural director is Andrew Houck, a professor of electrical engineering. “We have an incredible collection of experts in their respective disciplines,” Houck said, “and the Princeton Quantum Initiative gives us an entity that brings everyone together to accelerate the pace of discovery.”

This book integrates the foundations of quantum computing with a hands-on coding approach to this emerging field; it is the first work to bring these strands together in an updated manner. This work is suitable for both academic coursework and corporate technical training.

Government Regulatory Tech

While these scenarios may sound like a trailer for this summer’s futuristic blockbuster movie, emerging dual-use technologies are making such seemingly fantastical plots the reality of our world. It will be interesting to see how regulation tech develops. This category of technology permits governments to execute enforcement and monitoring activities required by law. This inclination has the potential to make it easier for businesses and individuals to comply with regulations. There is also a dark side to this trend, how will it impact privacy and freedom? The future of regulation is today. Read more about Virtual Mate, Love, and the Future of AI Advancement.

Last Updated on 06/05/2021 by Emmanuel Motelin

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