Inflation, rates of interest, supply networks, market turbulence, and projected development; following 2022’s numerous catastrophes many people are hopeful that 2023 would bring about a renewed sense of vitality — and perhaps even optimism — in the tech world as “the new normal” evolves once more. In this article, we will discuss five upcoming trends in the field of technology for the year 2023.
Widespread AI:
AI applications are projected to become widely used as they get more powerful and competent of automating routine tasks. It will also start to flourish in organisations as firms will be able to take advantage of no-code AI’s capacity to develop more intelligent products and services owing to the technology’s simple drag-and-drop interfaces.
A drive towards sustainable
technology:
In 2023, we’ll finally witness more sustainable technologies as stopping carbon emissions to address the global warming crisis is one of the largest challenges the world is facing currently. We are all addicted to technology, but where do the parts come from that are used to make these devices? People will be more concerned in where the rare earth elements used in products like computer chips come from and how we use them.
Additionally, we use cloud services like Netflix and Spotify, which continue to operate in vast data centers that use a lot of electricity. As customers expect energy-efficient goods and services that are supported by more sustainable technologies, we’ll continue to see efforts to make supply chains more transparent in 2023.
Digital payments to soon become the standard:
Due to increased awareness of the transmission of the Covid-19 virus through banknotes and plastic money, digital payments — especially contactless payments — were encouraged globally. However, this digital experience needs to have security at its core. Consumers will need flexible, convenient, and secure payment options and security requirements will only increase going forward.
Humanistic robots:
Robots will be even more humanlike in 2023, both in terms of look and functionality. These robots will serve as event greeters, bartenders, concierges, and senior citizens’ companions in the real world. As they collaborate with people in production and logistics, they will also carry out complicated duties in factories and warehouses. An organisation is making great efforts to develop a robot that can perform human-like tasks in our homes.
Elon Musk demonstrated two Optimus humanoid robot prototypes at Tesla AI Day in September 2022 and declared that the firm will be ready to accept orders in the next three to five years.The robot is capable of carrying out simple duties like watering plants and lifting objects.
Several elements of the Metaverse will be real:
A more immersive internet where we may work, play, and connect on a perpetual platform has been recognised as the “metaverse.” The fields of augmented reality (AR) and virtual reality (VR) will develop further. The metaverse workplace is one to keep an eye on; in 2023, we’ll have more immersive meeting spaces where we can collaborate, brainstorm, and create together.
Microsoft and Nvidia are already working on metaverse platforms for teaming together on digital projects. According to a Chalhoub Group report, the value of the metaverse business is anticipated to reach $13 trillion by 2030. The industry is currently valued between $40 billion and $65 billion, according to estimates.
(The writer, Nitesh Kamsa, is the CEO of Lucent Innovations)
