Future Tech Trends: The 5 Technologies That Will Change The Market Forever

Summary

This video script discusses emerging tech trends poised for growth post-Corona outbreak, focusing on 5G's transformative impact on IoT and real-time applications, the potential of AR/VR/XR in enhancing reality, the evolution of AI and machine learning in various sectors, the rise of decentralization in technology and finance, and the promise of quantum computing in solving complex problems. It invites viewers to consider these advancements and their implications for the future.

Takeaways

• 🌐 The COVID-19 pandemic has accelerated the need for businesses to adapt quickly, with many having to pivot or close down.
• 🏠 The current situation is an opportunity for people to learn new skills and explore new domains while in isolation.
• 📱 5G technology is on the horizon, promising significant improvements in latency and speed, which will impact various aspects of daily life beyond just mobile communication.
• 🔬 5G will enable IoT devices to transfer massive amounts of data to AI-based data centers, facilitating real-time assessments and reactions.
• 🚗 5G is expected to empower real-time applications in augmented reality (AR), which could be crucial for medical operations, autonomous vehicles, and more.
• 🕶️ Augmented reality, virtual reality (VR), and extended reality (XR) are poised for growth, with tech giants like Apple rumored to release consumer AR products soon.
• 🤖 AI and machine learning are becoming more accessible and are expected to see widespread implementation in various industries, despite the challenges ahead.
• 🚗 Autonomous driving technology is still in its early stages, but foundational technologies are being integrated into cars, presenting opportunities for small companies.
• 🔒 Decentralization, a key concept of the past decade, is influencing technological breakthroughs, including financial paradigms and cloud storage solutions.
• 💡 Quantum computing has the potential to solve complex problems much faster than traditional computers, with implications for AI, machine learning, and cryptography.
• 👥 The script encourages viewers to consider the impact of new technologies and to engage in discussions about their potential effects on society.

Q & A

What is the main theme of the video script?

The main theme of the video script is to explore tech trends that are expected to become significant opportunities once the COVID-19 pandemic subsides.

What impact does the speaker believe the recent outbreak of Corona has had on businesses?

The speaker believes that the outbreak has created a wave of uncertainty and fear, forcing many businesses to rapidly change or face closure.

According to the script, why is this a good time for individuals to learn new skills?

The script suggests that the current situation provides an opportunity for individuals to learn new skills and explore new domains while being in isolation.

What role does 5G play in the tech trends discussed in the video?

5G is highlighted as a key tech trend that will have a significant impact on daily life, enabling real-time assessment and reactions through IoT devices and empowering real-time AR applications.

How does the speaker describe the potential of 5G in terms of speed and latency?

The speaker describes 5G as not just faster mobile communication but as a technology that will reduce latency, making remote real-time actions more achievable.

What is the significance of AR/VR/XR in the context of 5G discussed in the video?

The speaker suggests that 5G may have one of its biggest impacts on the AR/VR/XR space, enabling these technologies to become more commercially viable and widely used.

What is the speaker's view on the current state of consumer and business adoption of AR/VR/XR technologies?

The speaker believes that while these technologies have existed for decades, they have not yet caught up in the consumer and business world due to technical barriers.

What does the speaker anticipate regarding Apple's rumored AR headset?

The speaker anticipates that Apple's rumored AR headset, although not expected to release this year, signals that the technology is maturing and becoming ready for commercial applications.

How does the speaker describe the evolution of AI and its current state?

The speaker describes AI as constantly evolving, with tasks once considered intelligent now being commonplace, and AI becoming more accessible through platforms like Amazon or IBM.

What challenges does the speaker identify in the field of autonomous driving?

The speaker identifies that while there is foundational technology being integrated into cars, the lack of a current standard and the complexity of the technology mean we are still far from seeing driverless cars on the streets.

What is the speaker's perspective on the role of decentralization in recent technological breakthroughs?

The speaker views decentralization as a central idea in many technological breakthroughs, with blockchain and cryptography introducing new financial paradigms and sparking innovation.

How does the speaker discuss the potential of quantum computing?

The speaker discusses quantum computing as a technology that can solve complex problems much faster than traditional computers, with potential profound impacts on fields like AI, machine learning, and cryptography.

What is the speaker's hope for the future of quantum computing?

The speaker hopes that quantum computing will become accessible to a wider community of developers and innovators to solve problems for the betterment of humanity.

Outlines

00:00

📱 Post-Pandemic Tech Opportunities

The speaker discusses the need to adapt and look forward, highlighting tech trends that will emerge post-Corona outbreak. Amidst business uncertainty and isolation, they emphasize the importance of identifying short and long-term opportunities. The speaker suggests that the current situation is an ideal time for learning and exploring new domains. They predict that 5G, AR/VR/XR, AI and Machine Learning, and decentralization will significantly impact our lives in the coming years, with 5G enabling real-time applications and AI becoming more accessible through data-driven computing.

05:01

🚀 Upcoming Tech Revolutions

This paragraph delves into the potential of 5G to transform mobile communication by reducing latency and enabling IoT devices to transfer massive amounts of data for real-time processing. The speaker also speculates on the impact of AR/VR/XR technologies, suggesting that upcoming devices from tech giants like Apple, Google, and Facebook, coupled with 5G, could make these technologies more mainstream. AI and Machine Learning are presented as evolving fields with growing commercial availability, despite the challenges in areas like autonomous driving. The paragraph concludes with a discussion on decentralization, including its applications in cloud storage and software design, and the potential of quantum computing to solve complex problems much faster than traditional computers, with implications for AI, cryptography, and other fields.

Keywords

💡5G

5G refers to the fifth generation of mobile networks, which promises significantly faster data speeds and lower latency compared to 4G. In the video, 5G is highlighted as a key technology that will have a profound impact on daily life, enabling real-time applications such as IoT devices, AI data centers, and AR applications. It is presented as a catalyst for technological advancements in various fields.

💡IoT (Internet of Things)

IoT is the concept of connecting everyday objects to the internet, allowing them to send and receive data. The video discusses how 5G will enable IoT devices to transfer massive amounts of information in real-time, which is crucial for AI-based data centers to assess and react accordingly, illustrating the interconnected future that IoT promises.

💡AR (Augmented Reality)

AR is a technology that overlays digital information or images onto the real world, enhancing the user's perception of reality. The script mentions AR as a field that will be significantly impacted by 5G, allowing for real-time applications in areas such as medical operations and autonomous vehicles, showcasing the potential for AR to transform various industries.

💡VR (Virtual Reality)

VR is an immersive technology that creates a completely virtual environment for the user, separate from the real world. The video script discusses VR as part of the XR space, which is poised for growth with advancements in 5G and consumer products from tech giants like Apple, indicating a future where VR could become more mainstream.

💡XR (Extended Reality)

XR is an umbrella term for all computer-generated realities, including AR, VR, and mixed reality. The script positions XR as a transformative technology that extends our existing reality, with potential applications in gaming, amusement parks, and beyond, suggesting a future where these technologies become more integrated into daily life.

💡AI (Artificial Intelligence)

AI refers to the simulation of human intelligence in machines, which can perform tasks that usually require human cognitive abilities. The video emphasizes AI's evolution and its increasing accessibility through data-driven computing, highlighting natural language processing and voice recognition as examples of AI applications that are becoming more prevalent.

💡Machine Learning

Machine learning is a subset of AI that enables computers to learn and improve from experience without being explicitly programmed. The script discusses the growing implementation of machine learning in various fields, indicating a future where these systems become more sophisticated and widely used.

💡Autonomous Driving

Autonomous driving refers to vehicles that can navigate without human input. The video mentions the challenges and current state of autonomous driving, suggesting that while we may still be far from driverless cars, foundational technologies are being integrated into modern vehicles, indicating a gradual shift towards autonomous transportation.

💡Decentralization

Decentralization is the concept of distributing authority or power away from a central location or entity. The script discusses decentralization in the context of technology breakthroughs, such as blockchain and cryptocurrency, and its potential applications in cloud storage and software design, emphasizing the growing importance of this concept in various industries.

💡Blockchain

Blockchain is a decentralized and distributed digital ledger technology that records transactions across multiple computers. The video script highlights blockchain as a key driver of financial paradigm shifts and as a foundation for new types of applications, suggesting its potential to revolutionize various sectors.

💡Quantum Computing

Quantum computing is a form of computing that uses quantum bits, or qubits, to process information. The script discusses Google's quantum supremacy breakthrough and the potential of quantum computing to solve complex problems much faster than classical computers, indicating its future impact on fields like AI, cryptography, and medicine.

Highlights

The necessity to adapt and look forward in the face of the Corona outbreak.

Uncertainty and fear are driving businesses to rapidly change or close down.

Isolation presents an opportunity to learn new skills and explore new domains.

5G is on the horizon, promising significant impacts beyond faster mobile communication.

5G will reduce latency, enabling real-time applications in IoT, AI, and AR.

The potential of AR/VR/XR technologies to transform various industries.

Apple's rumored AR headset suggests the technology is nearing consumer readiness.

AI and machine learning are becoming more accessible and integral to daily life.

AI's evolution from a novelty to a commodity in computing.

Challenges in autonomous driving and the integration of foundational technology in cars.

Decentralization as a key concept driving technological breakthroughs.

Blockchain and cryptography's role in creating new financial paradigms.

Decentralization's impact on cloud storage and privacy.

The potential of decentralization in software and design platforms.

Google's quantum computing breakthrough and its implications for speed and problem-solving.

Quantum computing's potential to revolutionize fields like AI, cryptography, and medicine.

The hope for quantum computing to be accessible to developers and innovators for societal benefits.

Invitation for audience opinions on new technologies and their impact.

Transcripts

Now, more than ever,

we need to shape up

and look forward.

In this video,

I will share some of the tech trends

I think will become

a huge opportunity

once all of this Corona outbreak

goes away.

Hi,

In the recent outbreak of Corona,

there is a huge wave of uncertainty

and fear from the future.

A lot of businesses

have to rapidly change

or face closing down.

Many people are at home,

in isolation,

and can't do anything about it.

At these times

I try to look at short

and long term opportunities

and find hope and excitement

in new things.

For many people,

this is also a good opportunity

to learn new stuff

and utilize the time

to get into new domains

Today, I would like to highlight

a few things

that are already happening

and will definitely have

a strong impact this year

and more over, next year.

5G

All major players

are already pushing out

5G mobile phones

and infrastructure.

It will take some time,

but 5G

is definitely coming our way.

You may think this means

just more speed

for our mobile communication,

but 5G will probably have

much more significant impact

on our daily life

and probably sooner than we expect.

The thing is,

mobile communication

has a real lagged experience

due to latency.

For most of our current uses,

it's fine.

We do video chats,

E-mail and play games,

But anything that requires

remote real time action

is far from achievable

without an extreme upgrade

in our network capabilities.

This is where 5G steps in.

5G will probably be used

by iOT devices to transfer

massive amounts of information

to AI based data centers

enabling real time assessment

and then reaction.

5G will also empower

realtime AR applications

for things like medical operations,

autonomous cars and so forth.

AR/VR/XR

One of the biggest impacts of 5G

may be on the XR/VR/AR space.

XR is an umbrella term to all

computer generated realities.

It can be AR

which is Augmented reality

or putting virtual objects

into a real life environment,

It can be VR

which is a complete virtual reality

that displaces us

into an alternate immersive reality.

There are also nuances for that

like mixed reality

where virtual objects

interact with real objects

and so forth.

All of these technologies

are busy with supplying us

with some kind of extension

to our existing reality.

These technologies

actually exist for decades

and widely used

in spaces like gaming

and amusement parks.

But the fact is

that they have not really caught up

in the consumer and business world.

Every year

we think it's going to happen

and we are hit by the reality

of technical berries.

However, some signs are showing

that we may be getting there.

For example, Apple is rumored

to release their first AR head set

pretty soon.

It will probably

not be out this year.

However, the mere fact

that Apple will be releasing

a consumer AR product

may tell us that the technology

is getting ready

to become commercially available

for application developers.

The devices coming up from google,

apple and facebook,

together with 5G

may finally enable us

to really utilize

these rather old ideas.

One thing is sure,

we will all look rather stupid

wearing them.

AI and Machine Learning.

AI is really not new anymore.

It is widely used

by many developers

and in many cases,

what is referred to as AI,

is just a buzzword

for data driven computing.

There is nothing really intelligent

about training a computer

to identify a picture of a cat.

A 3 year old can easily do it.

Hack, my cat can also do it.

The concept of AI

is constantly evolving

and pushing its definition further.

What was once measured

by the ability of a computer

to win a chess game

is now considered a commodity

of strong computing most of us

hold in their hands.

In the coming years,

we are going to see

a lot of implementation

of these computing beasts

as they become available

as commodities from Amazon or IBM.

Things like

natural language processing

or voice to speech recognition

are now made easy

and can be used without understanding

of the underlying technologies.

But, we have a long way to go

and many challenges.

Some of the biggest challenges

are around autonomous driving.

We are still probably quite far away

from seeing the driverless cars

going across our streets.

However, we already see

a lot of the foundation technology

being integrated into our cars.

As there is no current standard

for anything yet,

there is a lot of opportunities

for small companies

to become players

in this growing market.

Decentralization.

One of the most important ideas

talked about in the last decade

is decentralization.

In the last decade

decentralization ideas

are in the heart of many

technologies breakthough.

Blockchain and cryptography

introduced a complete new set

of financial paradigms

and ignited the imagination

of many innovators

around the world.

Cryptocurrency has its ups and downs

and will probably

still be speculative for a while,

but having facebook into the game

with libra

will probably make this scene boil.

However, use cases

for decentralization

do not stop with bitcoins.

There are many

possible implementations

and we just start

scratching the surface.

For example, cloud storage.

Decentralization is becoming

a big thing in cloud storage.

Think about all the privacy issues

around the storage of DNA assemblies

and how this can be used

in decentralized ledger.

And there is more.

Think about decentralization

of software and design.

Software has already

been decentralized

by applications like Git,

and design is starting to do so

with the idea of platforms

like figma

that enables sharing design

across many designers.

2020 will definitely have more room

for decentralized ideas,

Quantum Computing.

In october 2019 google declared

quantum computing

supremacy breakthrough.

For many, this idea

does not yet mean anything.

Like 5G, quantum computing

will mainly mean speed.

However, if 5G may be set to be

100 times faster than 4G,

quantum computing

can solve a math problem in minutes

where a regular computer

will need 400 years!

This means that we will be able

to solve things

we would not be able to solve

in any other way.

How would that impact us?

Well, for start,

it will probably not

in the near future.

In the long run,

this will have a profound impact

on computerized capabilities

in fields like AI, machine learning,

cryptography and more.

This will give power

for bigger bodies like governments

and the commercial leviathans

like google and IBM.

They will be able to solve

really complex problems

like genetics, encryptions,

video processing

and the oh so relevant

smart medical drugs

to fight new scary viruses.

I really hope

that quantum computing

will also be available

to the wide community

of developers and innovators

and will enable us

to solve problems

for the better good of humanity.

I would love to hear your opinion

about new technologies

and how they will impact us.

Meanwhile, subscribe to our channel

and get more product, UX,

and innovation ideas.

I'll be here next week

so keep safe and be healthy.

Bye Bye.