Trends Identified
Optimize for both social and business value
Several trends are fueling resentment toward business. The climate crisis and other negative externalities are increasingly visible, automation is sparking fear about the future of work, trust in technology is falling, inequality has risen markedly within many countries, and the most successful companies are becoming larger, more visible, and more powerful. As a result, the role of business in society is coming under question, risking the sustainability of the current model of corporate capitalism. Political institutions are not likely to address these concerns effectively in the foreseeable future. Demographics that portend lower global growth, massive public debts that limit investment, tensions resulting from international migration, and a social media landscape that amplifies extreme voices are all likely to continue fueling divisive, populist politics. The rise of China, and the growing US response, challenge the stability of multinational institutions that businesses rely on. In an era characterized by polarization, everything in business will likely become “political.” To keep the game of business going, business needs to be part of the solution. All stakeholders increasingly expect companies to play a more prominent role in addressing social challenges, which will be reinforced as newly adopted metrics and standards make their efforts and impacts more transparent. Leaders need to focus on their companies’ total societal impact—in other words, they need to make sure that their businesses create social as well as economic value. Not only can this increase financial performance in the long run, but it can strengthen the social contract between business and society, ensuring that the relationship is able to endure. Leaders will need to master the art of corporate statesmanship, proactively shaping the critical societal issues that will increasingly change the game of businesses.
2018
Winning the ’20s: A Leadership Agenda for the Next Decade
Boston Consulting Group (BCG)
Deep learning accelerators
Deep learning accelerators such as GPUs, FPGAs, and more recently TPUs. More companies have been announcing plans to design their own accelerators, which are widely used in data centers. There is also an opportunity to deploy them at the edge, initially for inference and for limited training over time. This also includes accelerators for very low power devices. The development of these technologies will allow machine learning (or smart devices) to be used in many IoT devices and appliances.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Assisted transportation
While the vision of fully autonomous, self-driving vehicles might still be a few years away, increasingly automated assistance is taking place in both personal and municipal (dedicated) vehicles. Assisted transportation is already very useful in terms of wide recognition and is paving the way for fully autonomous vehicles. This technology is highly dependent on deep learning accelerators (see #1) for video recognition.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
The Internet of Bodies (IoB)
IoT and self-monitoring technologies are moving closer to and even inside the human body. Consumers are comfortable with self-tracking using external devices (such as fitness trackers and smart glasses) and with playing games using augmented reality devices. Digital pills are entering mainstream medicine, and body-attached, implantable, and embedded IoB devices are also beginning to interact with sensors in the environment. These devices yield richer data that enable more interesting and useful applications, but also raise concerns about security, privacy, physical harm, and abuse.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Social credit algorithms
These algorithms use facial recognition and other advanced biometrics to identify a person and retrieve data about that person from social media and other digital profiles for the purpose of approval or denial of access to consumer products or social services. In our increasingly networked world, the combination of biometrics and blended social data streams can turn a brief observation into a judgment of whether a person is a good or bad risk or worthy of public social sanction. Some countries are reportedly already using social credit algorithms to assess loyalty to the state.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Advanced (smart) materials and devices
We believe novel and advanced materials and devices for sensors, actuators, and wireless communications, such as tunable glass, smart paper, and ingestible transmitters, will create an explosion of exciting applications in healthcare, packaging, appliances, and more. These technologies will also advance pervasive, ubiquitous, and immersive computing, such as the recent announcement of a cellular phone with a foldable screen. The use of such technologies will have a large impact in the way we perceive IoT devices and will lead to new usage models.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Active security protection
The traditional method of protecting computer systems involves the deployment of prevention mechanisms, such as anti-virus software. As attackers become more sophisticated, the effectiveness of protection mechanisms decreases as the cost increases. However, a new generation of security mechanisms is emerging that uses an active approach, such as hooks that can be activated when new types of attacks are exposed and machine-learning mechanisms to identify sophisticated attacks. Attacking the attacker is a technological possibility as well, but is almost always illegal.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Virtual reality (VR) and augmented reality (AR)
These related technologies have been hitting the mainstream in some respects for a number of years. For a well-known example, Pokemon Go is a game that uses the camera of a smartphone to interpose fictional objects in real-world surroundings. Gaming is clearly a driver of these technologies, with other consumer devices becoming affordable and commonplace. VR and AR technologies are also useful for education, engineering, and other fields. However, there has been a Catch-22 in that there is a lack of applications resulting from the high cost of entry, yet the cost has stayed high due to a lack of applications. With advertisements for VR headsets appearing during prime-time television programs, we may have finally reached a tipping point.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Chatbots
These artificial intelligence (AI) programs simulate interactive human conversation using key pre-calculated user phrases and auditory or text-based signals. Chatbots have recently started to use self-created sentences in lieu of pre-calculated user phrases, providing better results. Chatbots are frequently used for basic customer service on social networking hubs and are often included in operating systems as intelligent virtual assistants. We have recently witnessed the use of chatbots as personal assistants capable of machine-to-machine communications as well. In fact, chatbots mimic humans so well that some countries are considering requiring chatbots to disclose that they are not human. Industry is looking to expand chatbot applications to interaction with cognitive-impaired children as a way to provide therapeutic support.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society
Automated voice spam (robocall) prevention
Spam phone calls are an ongoing problem of increasing sophistication, such as spoofing the caller ID number of the victim’s family and business associates. This is leading people to regularly ignore phone calls, creating risks such as true emergency calls going unanswered. However, emerging technology can now block spoofed caller ID and intercept questionable calls so the computer can ask questions of the caller to assess whether he or she is legitimate.
2018
IEEE Computer Society Predicts the Future of Tech: Top 10 Technology Trends for 2019
IEEE Computer Society