Technology has changed every aspect of our lives and it will change the way CEO’s think about their business in the next 2-3 years. From the way we work, play and live, technology has created a revolution that only ensures more growth and more change. Yesterday’s latest and greatest technology is today’s old news. And if you’re not keeping up with it, you will surely be left behind. Take a look at these 6 emerging tech trends for 2018 and be in the know.
Based off the annual MIT Technology Review, titled 10 Breakthrough Technologies 2018, some of the technologies listed have not yet reached widespread use, while others may soon become commercially available.
1. 3D Metal Printing
While 3D printing has been around for decades, it has now becoming easier and less expensive to potentially be a practical way to manufacture parts, which could upend the entire manufacturing industry. A number of companies, including GE, Markforged, and Desktop Metal, have recently released 3D metal printers, which could reduce the need for manufacturers to maintain large inventories, and instead customer print materials as needed.
2. Sensing City
A new smart city project in Toronto, called Quayside, is working to rebuild the urban neighborhood around digital technologies. The project aims to base decisions about design, policy, and technology on data gathered from an extensive network of sensors, that can measure factors such as air quality, noise level, and human activity. The plan calls for all vehicles to be autonomous and shared. Robots will roam underground doing menial chores like delivering the mail.
3. Babel-Fish Earbuds
In the cult sci-fi classic The Hitchhiker’s Guide to the Galaxy, you slide a yellow Babel fish into your ear to get translations in an instant. In the real world, Google has come up with an interim solution: a $159 pair of earbuds, called Pixel Buds. These work with its Pixel smartphones and Google Translate app to produce a practical real-time translation.
4. Zero-Carbon Natural Gas
Natural gas is one of the world’s primary sources of electricity but is a major source of carbon emissions. A company called Net Power is testing a technology that could make clean energy from natural gas, which could offer the world a way to produce carbon-free energy from a fossil fuel at a less expensive cost
5. Perfect Online Privacy
True internet privacy could finally become possible thanks to a new tool that can – for instance – let you prove you’re over 18 without revealing your date of birth, or prove you have enough money in the bank for a financial transaction without revealing your balance or other details. That limits the risk of a privacy breach or identity theft. The tool is an emerging cryptographic protocol called a zero-knowledge proof. Though researchers have worked on it for decades, interest has exploded in the past year, thanks in part to the growing obsession with cryptocurrencies, most of which aren’t private.
Much of the credit for a practical zero-knowledge proof goes to Zcash, a digital currency that launched in late 2016. Zcash’s developers used a method called a zk-SNARK to give users the power to transact anonymously. For banks, this could be a way to use blockchains in payment systems without sacrificing their clients’ privacy. Last year, JPMorgan Chase added zk-SNARKs to its own blockchain-based payment system.
6. Genetic Fortune-Telling
One day, babies will get DNA report cards at birth. These reports will offer predictions about their chances of suffering a heart attack or cancer, of getting hooked on tobacco, and of being smarter than average. Scientists can now use your genome to predict your chances of getting heart disease or breast cancer, and even your IQ. The science making these report cards possible has suddenly arrived, thanks to huge genetic studies—some involving more than a million people.
CEO’s of the future may be identifiable at birth!
CEO’s need to be in the know about smart cities, AI, Internet of Things, VR, autonomous driving, drones, robotics, and more of the coolest tech innovations. Join us at this year’s World CEO Forum aboard the prestigious QE2. Sign up here. Or contact James@geventm.com Tel: +971 4 454 1387 Mobile: +971 50 775 9483