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5 Business Trends for the Future Of Technology
The world is changing rapidly, and business leaders must adapt quickly to stay competitive. Here are five trends that will affect how we conduct business in the next decade.
Artificial Intelligence Will Be More Important Than Ever Before.
AI has been growing at an exponential rate since its inception. It was first used in the 1950s to automate tasks such as data entry and transcription. Today, AI is being applied to everything from self-driving cars to facial recognition software. As AI becomes more prevalent, it will become increasingly difficult to distinguish between human intelligence and machine intelligence. This trend will continue to accelerate as AI continues to improve.
The Internet of Things Will Become Even Bigger Than We Think.
The internet of things (IoT) refers to the network of devices connected to the internet. These devices range from smart thermostats to smart watches to smart speakers. IoT is expected to reach $1 trillion by 2020. By 2025, there will be 50 billion connected devices worldwide.
Virtual Reality Will Take Off.
Virtual reality has been around since the 1980s, but it wasn't until recently that VR became mainstream. Today, virtual reality headsets are available at a variety of price points. They're also becoming increasingly affordable.
Augmented Reality Will Continue To Grow.
AR is an emerging technology that allows users to interact with real-world objects using computer vision and machine learning. It's similar to augmented reality, but instead of overlaying images in the real world, AR uses computer vision to overlay digital elements in the real world.
Blockchain Will Have A Major Impact On Our Lives.
Blockchain is a decentralized database that stores data across a network of computers. It was invented by Satoshi Nakamoto in 2008 as a solution to the double spending problem in Bitcoin. Since then, blockchain has become one of the hottest topics in tech today.
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