Often, technology trends are difficult to predict accurately because predicting the future itself is extremely difficult. However, we can still speculate on some of the development trends of the technology industry in 2019 from some significant data indicators in 2018.
Many people’s understanding of the concept of the technology industry is too specific and narrow. They only regard smartphones, drones, etc. as the technology industry, and the technical trends listed in this article also contain many more complex concepts, such as robotics. Laser transmission of the Internet, decentralized medical record systems, etc., are not the same as those that are commonplace. Even though only half of the listed technology trends are making more progress than they are now, 2018 was bound to be an exciting year.
(1) Blockchain was widely used
A blockchain is an electronic ledger that everyone can share and access. Both sides of the transaction can track transaction records through the blockchain. The term blockchain has received much attention throughout 2018, because cryptocurrency bitcoin uses a decentralized blockchain to track all its transaction records. However, the application of blockchain technology is far from being limited to bits. Coins, it has a wider range of applications.
Some people want to apply blockchain technology to medical records, and patient medical history can be imported into an encrypted database through different databases and software. The benefit of this is that the patient’s personal medical history can be stored in a safe, decentralized location, and the doctor can access the database in both the office and the medical center software that does not pass, so that there is no different software or office. The problem of working together to upgrade the database.
(2) The narrowly defined artificial intelligence was expanded
There have been many different claims about artificial intelligence in recent times, but what really benefits many companies in 2018 is the use of algorithms and computer intelligence that are good at solving a very specific task. This is often called narrow-minded labor.
Narrowly defined artificial intelligence and general artificial intelligence (imagine an automated robot trying to take over the world) is different. Narrowly defined artificial intelligence simply lets the computer do some very specific work, such as driving a car. Narrowly defined artificial intelligence can be applied everywhere, from language translation software to content algorithms in Facebook Newsfeed. In 2019, it is likely that we will see more companies using narrow artificial intelligence to make their business more efficient. At the same time further increase the company’s production capacity.
(3) 5G wireless bandwidth got introduced
AT&T and Verizon have been testing 5G wireless networks since 2017. The two companies said they will commercialize the service to a limited extent in 2018. Unlike 4G and LTE, 5G networks will initially be used primarily in the home networking space, allowing telecom operators to offer multi-gigabit network speeds to their homes over wireless connections. In contrast, the 1G network speed is 15 times the average network speed of the US household bandwidth.
Compared with the traditional wired network connection, the 5G network is not only faster but also dramatically reduces the congestion of the home network (Imagine how slow the network speed is when you and the neighbors watch movies online at the same time) and the delay will be lower ( Information can be sent quickly). Verizon will launch 5G networks in Sacramento, California, and four other markets that have yet to announce fabrics in 2019. This is just the beginning; think about what the world would look like when 5G networks function and collaborate with the technological advancements of AI in telecom, which will be the reason for the advanced development.
(4) Bitcoin received more attention and coverage
At the end of 2018, the rapid rise in bitcoin prices has attracted the attention of many investors and the general public. In 2019, we will see similar trends. Bitcoin is a cryptocurrency that allows its owners to securely purchase in an anonymous manner.
Some retailers have begun to accept Bitcoin, such as Home Depot and Overstock.com, and more retailers are expected to accept bitcoin payments in 2019, especially as bitcoin prices continue to rise. But Bitcoin’s volatility is still high, and its online trading venues (where you buy and sell bitcoin) often become targets of hackers. This means that in 2019, the price of Bitcoin is likely to rise further and may fall. In either case, we will see more reports of cryptocurrencies in 2019.
(5) Augmented reality will become mainstream on mobile devices.
In 2017, by releasing iOS 11 with built-in enhanced display capabilities, Apple has enabled hundreds of millions of iPhone and iPad users to use augmented reality, which is a huge development. Apple allows and hire software developer to develop their own AR applications, such as the IKEA Place app, which allows users to scan a room in their home and add virtual furniture to the room to see how the home is actually in the room.
Facebook also took some steps in 2017 to allow users to use augmented reality applications more on Facebook’s platform in 2018. Facebook’s new AR Studio allows developers to develop filters and lens effects plug-ins for Facebook and Messenger applications, such as adding augmented reality masks to self-portraits. In addition, Apple has extended the scope of AR filters to Instagram applications. According to Deloitte & Touche’s research, Apple and Facebook’s emphasis on mobile AR is one of the important reasons why 1 billion smartphone users are expected to generate AR content via mobile phones in 2019.
Being a futurist we have been thinking about technology companies and the future of macro trends. In this article, we list some of the obvious trends that will emerge in 2019:
1. Dedicated AI chip competition
Due to fluctuations in the semiconductor industry, technology companies began to make their own AI chips. China will have a big move in 2019, in order to achieve the 2025 plan, catch up with other countries in terms of artificial intelligence, machine learning talent and turning to the super Internet.
2. Edge computing becomes mainstream
With the advent of 5G, IoT, data stream collection, enhanced content collection, dedicated AI chips and supercomputers, “edge computing” has come into reality. Following the buzzwords of cloud computing, the Internet of Things, and the blockchain, “edge computing” emerged. This is another leap in computing processing and a solution for mainstream distributed computing technology.
Some people associate edge computing with a distributed computing paradigm. In distributed computing, most or all of the computations are performed on distributed intelligent device nodes.
Gartner predicts that edge computing will be enhanced with features such as dedicated AI chips, 5G, advanced processing and storage. Companies such as Box, Huawei and Google are moving into the field of edge computing.
3. Supervision of FAANG, BAT, technology giants and AI
The technology industry is in desperate need of regulation, which is increasingly becoming a mainstream consensus, and LinkedIn mentioned this in their trend article.
China’s suppression of Tencent and its application-focused economy can be seen as a review, or as a method of technical regulation, while the United States is seriously lagging behind in this regard.
From Google’s antitrust violations against Android to Facebook’s loss of public trust, the world needs to be more cautious about technology regulation, especially machine learning and artificial intelligence.
It is hoped that US leaders in 2020 will keep this in mind as Silicon Valley has shown its inability to monitor, review or protect the Internet.
4. Robot process automation
We know that the employment situation in industries such as transportation, retail, healthcare, banking and financial services is undergoing major changes in terms of skills shortages and automation. Like AI and machine learning, Robotic Process Automation (RPA) is another technology that automates work.
The concept of such a software robot or artificial intelligence worker can indeed be extended, especially as cloud computing matures under custom software development.
While more and more CIOs hire RPA engineers for automating robotic processes to eliminate tedious work, allowing employees to focus on higher-value work – but the reality is that some of these work roles will disappear, which will change The needs of the position.
5. Artificial intelligence enhancement and risk
Bringing artificial intelligence to the public means that there will be better human and AI teams and their collaboration, so things like Alexa and Google Assistant will make us very excited.
But don’t forget, Alibaba, Xiaomi, Baidu and Huawei are also developing AI assistants, hoping to help people live, work and grow better in a more personalized way.
Interestingly, some analysts estimate that automation will disproportionately affect “powder collar” workers (female freelancers) and service jobs. As artificial intelligence consumer products and personal assistants reach the level of “companion”, they will also have an impact on interpersonal relationships.
According to a recent study by the International Monetary Fund, in the next 20 years, 26 million female jobs in 30 countries are likely to be replaced by technology. Therefore, artificial intelligence “enhancement” may also be another dystopia.
6. Infiltration of smart speakers
In 2018, Alexa, Google Home, and Alibaba’s scale expansion in smart speakers far exceeded our expectations.
These have become billions of dollars in the industry. Google has set up its own hardware division and launched the Pixel series of phones, which may one day rival Amazon.
At the same time, Alibaba has a first-mover advantage in China, it launched its own smart speakers, is expected to completely change the family AI consumption.
To Conclude
In 2018, Amazon, Google, and Apple made great strides in combining from healthcare with AI and AI to IoT. Apple is hiring doctors and launching the latest Apple Watch, while Google and Amazon are equally ambitious in smart homes, pharmaceuticals, medical devices and deep learning that can scan medical documents and make predictions.
Amazon is entering the health insurance sector and may launch a range of healthcare-related packages in just 10 years. So 2019 is going to be a lot more exciting in the fields of custom software development.
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