With the start of every new decade, one can’t help but wonder what the world will look like at the end of it. If we can skip the major COVID year (can we) what will 2030 be like? Human technological advancement used to take generations if not centuries up until the Renaissance era. Even then, it took several hundred years for the Industrial Revolution to start shaping the world as a precursor to how we know it today.
When assembly lines emerged, better commercial goods could be manufactured faster and more efficiently. This is arguably where modern capitalism really began to take hold.
Since then we have had several more Industrial Revolutions, such as the use of robotics, automation, computers, and the internet. Each of these technologies has not just revolutionized industrial manufacturing but has incrementally affected our way of life.
It is no accident that complex consumer products like automobiles, home electronics, and gadgets continue to not only get cheaper but also safer. And with the Digital Age, the incremental impact technology has had on everyday life has increased in both frequency and effect.
How IoT May Transform the World By 2030?
IoT technology, despite the security challenges that accompany it, promises to be the next great catalytic force. The concept of IoT has evolved far beyond the drawing board and is already seeing widespread application across a range of industries as well as everyday activities. From farming to manufacturing to local law and order, there seems to be no shortage of IoT possibilities.
The concept of a “smart home” is no longer a far-fetched idea, but well within the realm of possibility given advancements in voice-controlled virtual assistants and IoT networks. This blog will try to paint a picture of what life in 2030 could look like while attempting to remain grounded on the present-day trajectories the technology is taking. Read on to find out more about specific aspects of everyday life we can expect to change by the end of this decade, including:
1. Smarter Homes and Offices
2. Smarter and More Efficient Cities
3. Improved Manufacturing on an Industrial Scale
4. Safer, Smarter, and Better Automobiles
Let’s examine what the future could look like based on the direction IoT tech is taking at the time of this blog. However, before we begin, there is one important disclaimer. Please note that these are not predictions or guaranteed changes. They are at best cautious extrapolations but based as close to current tech as possible to avoid big leaps of faith. Let’s begin.
Smarter Homes and Offices
The more successful certain technology is, the more impactful it will be in the more obvious areas of your life. Take the internet itself. When it first emerged, it was almost a novelty. Most people didn’t think it would go on to transform the everyday consumer’s life the way it has.
But by 2020, we have seen massive investment in infrastructure as well as advancements in residential and commercial internet tech. This has put providers like Charter in a position to offer internet services to the vast majority of the US. Today, the internet pervades nearly every aspect of our lives, from work to entertainment to study to social interactions. In other words, the changes are apparent in two very obvious areas in our lives: at home and at the office.
IoT in The Workplace
The same principle can, in theory, apply to IoT. IoT devices are already appearing in homes and offices. Sensors already control things like security doors, attendance registers, fire alarms, sprinklers, and even heating and lighting in offices. Other devices like security cameras, motion detectors, and HVAC systems also depend on sensors in the current day.
How difficult could it really be to transition all the sensors and devices in an office building into a central network? At least from a layman’s perspective, it doesn’t seem like a big leap. Sounds too outlandishly futuristic for you? Cisco, a world leader in networking technology, already offers smart building solutions revolving around:
- Prioritizing building security.
- Offering better customer interactions.
- Supplementing occupant health and safety.
- Seamlessly improve building efficiency.
The smart office of 2030 will revolve around these principles. While we can’t speak for architectural design in 2030, we can certainly bank on office buildings or workplaces being safer, healthier, more efficient, and much more secure.
Efficient Smart Homes
The future smart home follows more or less the same principle. However, smart home IoT technology currently significant faces compatibility problems, mostly since different devices communicate in different languages determined by their manufacturer.
So while your Google Assistant may be able to control devices operating over Wi-Fi, it may not be able to do the same for devices that communicate in ZigBee, Bluetooth, or Z-Wave.
All of these languages being used for various devices makes the language barrier an obstacle in terms of how quickly smart homes can become the norm, instead of the exception. But given that much of this technology is very new, and currently does not have a definitive set of industry standards or regulations, this is to be expected.
As industries begin to capitalize on a market with no clear leaders, various governments will inevitably come up with regulations and standards. This, in turn, will usually improve device compatibility and integration in the average smart home. In any case, smart homes will follow similar principles as smart workplaces, including:
- Improved home security.
- Better in-home experience.
- Optimizing health and safety.
- Improved energy consumption and efficiency.
Smarter and More Efficient Cities
It is generally accepted (or even expected) that smart homes and smart workplaces will dominate the landscape by 2030. By that rationale, limiting the impact of IoT just to these two places seems a bit shortsighted. Urban areas such as large city centers and towns are usually densely populated.
That means they will most likely have a large number of offices and homes. If offices and homes can become smarter through IoT, the same concept can be applied on a more macro scale. In other words, IoT can usher in the age of the smart city.
IoT Applications in Cities
Consider any modern developed city in the US today. Local governments today have several responsibilities, including law and order, traffic regulation, waste management, energy supplies, pollution control, and much more. Many cities already use technology in strategic areas to help make these responsibilities more manageable.
Take traffic cameras for example. These can monitor traffic all over the city, and many can even identify traffic violations and issue fines autonomously.
Law enforcement can also use these cameras (along with others) to be more proactive in preventing criminal activities. Traffic management also becomes much easier, making life a bit simpler for citizens trying to commute to and from work.
Governments such as those in Hong Kong and China actually use advanced facial recognition tech in addition to sensors around cities to actively monitor citizens (although that seems a bit too Orwellian for most people’s tastes). Regardless, a smart city is not as far in the future as it was at the start of the last decade.
Smart Cities of the Future
But what will a smart city look like in 2030? Let’s take three present-day examples of local governments using IoT as a baseline. Barcelona uses IoT tech to improve parking availability. This helped by heavily reducing both fossil fuel emissions as well as traffic congestion.
Ultimately, traffic saw improved movement in busy parts of the city. Tel Aviv, Israel uses IoT to manage the use of its reserved fast lanes in busy areas. This helps with easing traffic jams and gridlocks for the entire city. It also earns the city revenue in terms of fines on violations.
San Diego, California was one of the first urban hubs to begin using IoT to reduce the city’s energy costs, namely by using smart-LED lampposts. These posts only light up when traffic or pedestrians are nearby, saving the city hundreds of thousands in public energy costs.
A smart city by the end of 2030 will probably incorporate all of these aspects. Almost certainly, they will add new ones too. In any case, we should expect smart cities by 2030 to at least offer:
- Dramatically reduced street crime rates.
- Smooth traffic flow with minimal blocks or congestion.
- Improved waste management capabilities at lowered costs.
- Significantly smaller energy consumption footprints.
- Improved city life in terms of healthcare and essential services.
- Sustainable living with smarter management of clean energy and water.
Obviously, the scale to which IoT spreads in a city will depend heavily on that city’s government. Remember, strong democracies empower local governments to deliver visible and long-lasting results in their constituencies. But the decision to adopt new technologies will ultimately depend on elected officials instead of bureaucrats.
Improved Manufacturing on an Industrial Scale
True revolutionary technologies don’t just change our everyday lives. They also have a significant transformational impact on existing processes that deliver everyday consumer goods. In other words, IoT won’t just result in an improved standard of living. It will also cause an improvement in the industrial processes that create consumer goods to improve our standard of living.
The manufacturing industry, in particular, stands to benefit the most from adopting IoT. The technology has promising applications for strategic use on the assembly line and other key processes. In fact, some of the biggest names in large-scale manufacturing have already started to board the IoT bandwagon. This is paving the way for others to follow suit.
IoT in Automotive Manufacturing
The parallel use of automation and robotics is not new to manufacturing, particularly in the automotive industry. When making complex products like the modern-day automobile, vehicle manufacturers rely on the synergy offered by machines and humans. Many automotive assembly lines are a hybrid of human workers as well as purpose-built automated machines.
All working towards a shared goal: a complete automobile rolling off the line. This speeds up the manufacturing/assembly process considerably. At the same time, it ensures consistently high quality (in keeping with stricter consumer protection laws). Now consider industries that have introduced IoT technology into the mix.
Harley-Davidson and IoT-Supported Processes
Harley-Davidson is an almost permanent part of American culture. It has done an excellent job of encapsulating the free-spiritedness and individualism of the country. All in a beautiful piece of machinery that is an icon of our culture. Up until recently, the company’s York-based motorcycle plant followed the same 1970s-style assembly operation it had for years.
But with a high-tech manufacturing systems update, courtesy of Cisco, the plant has transformed immensely. Using a network of sensors at specific points on the assembly line operation, Harley-Davidson has stepped up. It can now pinpoint and remove bottlenecks as soon as they arise.
The Cisco plant has even restructured certain operations to navigate around persistent obstacles and bottlenecks. The bottom line result? The plant can now roll out 1 model out of its 1,700 variations every 6 hours. The previous timeline was 21 days from the date of order.
Automobile Manufacturers of Tomorrow
What does this tell us about the future of industrial manufacturing by 2030? We can only extrapolate since nobody can speak for sure. But since most manufacturers are hell-bent on minimizing production costs, we can reasonably hope to see:
- Dramatic improvements in manufacturing processes and production capacities.
- Restructuring of assembly lines to create better products in less time.
- Easy identification and removal of manufacturing roadblocks and bottlenecks.
- Cheaper and better-quality products as a direct result of improved production processes.
Safer, Smarter, and Better Automobiles
The automobile is without doubt one of humankind’s greatest achievements. Henry Ford can safely be credited with developing the world’s first assembly line. This propelled automobiles from expensive novelty to a much cheaper and viable product. Over the years, the automobile industry has seen many entries and exits. Some of the early movers like Mercedes and BMW are still leading manufacturers today. Others like Lagonda and BRM couldn’t adapt to the increasing complexity and varying global demand.
Tesla offers several examples of electric vehicles that have proven to be commercially viable. It is also exactly the kind of technology needed to drive down road emissions to near-zero levels over the coming years. And that’s just one purpose for manufacturing these vehicles.
The Problem With Conventional Vehicles
Conventional automobiles run on fossil fuels. Who doesn’t love the roar of a V8 or V10 engine revving up to the redline! Generations have been captivated by the thrill and speed performance vehicles offer, as well as the exciting driving experience. But the environmental impact they have in terms of carbon emissions is a big problem. There is also the fact that road accidents are the single biggest cause of global fatalities as per the WHO. It is obvious that even many current automobiles are far from perfect.
Over the decades since Ford’s Model T, automobiles have continued to get safer and more fuel-efficient. But they haven’t been able to make transformational headway in terms of road safety and carbon emissions. That is, of course, until present-day electric vehicles arrived on the scene.
Electric vehicles had the reputation of being unreliable, short-ranged, and difficult to maintain. In other words, they were considered less viable than those powered by internal-combustion engines. However, as the fossil fuel crisis grew rapidly over recent years, manufacturers correctly anticipated the need to shift to sustainable alternatives.
Improved Road and Passenger Safety
Thanks to the vast range of sensors as well as computers with the ability to learn and adapt, things are changing quickly. We are seeing vehicles that should belong in science fiction books. From autopilot modes to automatic braking to obstacle radars, they have it all.
The modern vehicle isn’t just environment friendly, but much safer and more reliable. Modern sensors can accomplish a range of feats, from identifying when a driver is asleep to alerting occupants if the car is drifting off the lane to even detecting potential collisions before they occur. This is a direct impact of the use of IoT in modern vehicles, and it promises to only go upwards.
The E-Vehicles Of The Near Future
Automotive tech and IoT continue to advance at a fast pace. We wouldn’t be unreasonable to expect vehicles by the end of 2030 to have:
- True autonomous driving without requiring a human’s input.
- Improved vehicle capabilities with IoT transmitting performance data to manufacturers.
- Wireless performance and safety upgrades that can be “downloaded” to the vehicle.
- Sophisticated road safety systems that minimize the risks of collisions, injuries, and fatalities.
IoT continues to make its presence felt across our lives. We can reasonably hope for major changes in the coming years. The technology may well have a transformative effect similar to the internet or AI in everyday use.
Image Credit: mali maeder; pexels; thank you!
Gabb Wireless Raises $14M in Series A Funding Led by Sandlot Partners and Taysom Hill – ReadWrite
Gabb Wireless Raises $14M in Series A Funding Led by Sandlot Partners and Taysom Hill
Gabb Wireless™ set itself apart from the crowd in 2018 when Founder and CEO, Stephen Dalby said, “enough is enough,” and began his journey to provide the only safe phones-for-kids.
LEHI, UTAH – APRIL 20, 2021
Dave Jensen, Managing Partner of Sandlot Partners, announced today that, “Sandlot Partners is investing and partnering with Gabb Wireless not only because of its impressive growth and positioning to lead the $30 billion smartphones-for-kids market — but also because it is providing solutions to address the significant screen time addiction problem in our society.”
Gabb Wireless™ is the first of its kind — a company determined to protect children by providing a safe cellular network for kids and their phones. Gabb created the only safe phones-for-kids serving this underserved demographic. Gabb announced this week that it closed a $14 million round of Series A, led by Sandlot Partners and New Orleans Saints quarterback, Taysom Hill.
“As an investor, Gabb checked all the boxes with its impressive growth, founding team and total addressable market. But it’s so much more than that for me. It’s the emotional side of the investment. I love the idea that we can help build something to help save kids in an area with so much need and demand. My wife Emily and I try to be pretty selective of who we tie our brand to — and when considering the chance to invest and partner with Gabb, it was a no-brainer for us and something that we are extremely excited about,” said Saints quarterback, Taysom Hill.
Stephen Dalby, Gabb Founder & CEO, announced the partnership with Sandlot Partners and Taysom Hill. “We’re excited to announce our partnership with Sandlot Partners and Taysom Hill, who share our passion for driving impact and providing solutions to the growing screen addiction among adolescents.”
“Sandlot has a strong track record of fueling growth and adding value to their portfolio companies. Taysom’s accomplishments as a BYU and Saints quarterback are well documented, and he’s also very impressive off the field and will be a great brand ambassador for the younger demographic Gabb is targeting.”
Kids need to be protected — and Gabb resolved on an action to do just that. Gabb set itself apart from the crowd in 2018 with a steadfast purpose to get safe, effective phones into the hands of parents who want to protect their children from inappropriate content and disturbing practices on social media and games, and other screen-time issues on the internet.
For some time, it’s been known that social media is affecting our youth with cyberbullying and other societal ills. The average child or pre-teen spends about four to seven hours a day of screen time. This disproportionate amount of time in front of a screen has caused depression, anxiety, and even sexual abuse among young adolescents.
Gabb said, “enough is enough,” and began its journey as a mobile virtual network operator, creating the safest technology available for children today. Gabb offers age-appropriate products to give kids the freedom to explore and their parent’s peace of mind. Children can enjoy their first phone experience with the affordable, $100 phone that protects them from internet dangers. Learn more at www.gabbwireless.com.
Gabb has had an unprecedented year of 471% growth and will use the proceeds from the Series A financing to accelerate efforts to provide safe phones for kids and expand its product lines — increasing Gabb’s total addressable market with these safe alternatives for parents of kids ages five to 15.
Sandlot Partners is an independent private investment firm partnering with noteworthy management owners and founders. Sandlot Partners help maximize the growth potential of businesses by providing companies with growth capital, strategic guidance, and partial liquidity. Sandlot leverages its network of founders and operators, identifies growth opportunities, helps structure, and offers additional strong risk-adjusted private investment opportunities. Sandlot investors also include family offices, strategic individuals, and like-minded institutions seeking strong alignment and providing patient capital.
Cooley, LLP, and VLP Law Group provided legal services for this transaction.
How to Build a Startup Team With an Entrepreneurial Mindset – ReadWrite
Much of your startup’s success will depend on the quality and integrity of the team you put together. With talented, committed, hardworking people, even a merely decent idea can turn into something groundbreaking. Conversely, even a great idea can struggle to survive if it doesn’t have a solid team in place to support it.
Obviously, you’ll need to work hard to choose the right people for your team – individuals with a solid experiential background, proof of ample talent, and genuine passion for the business. But beyond that, you’ll need to work actively to equip your team with the right mindsets and philosophies to guide them to productive, innovative work.
While there are conflicting opinions for what type of company culture works “best,” there’s no denying that your company can (and likely will) benefit from building a team with an “entrepreneurial mindset.” But what is this mentality, and how can you construct it from scratch?
What Is an “Entrepreneurial Mindset?”
Let’s start with a description of the “entrepreneurial mindset.” This is an internalized mentality, philosophy, and approach to working within the members of your team that mimics what the most ambitious entrepreneurs tend to feel.
The mindset includes:
- Creativity. Entrepreneurs are creative types. They want to create new ideas, modify existing ones, and come up with inventive new ways to deal with problems. They’re not afraid to think outside the box and try out new concepts – even if they don’t work out. They also like to encourage and promote creative ideas from other people, providing feedback, direction, and motivation to their teammates.
- Autonomy and independence. The entrepreneurial mindset also prioritizes autonomy and independence. Entrepreneurs in a business environment don’t wait for someone else to tell them what to do, and they generally don’t have to run their ideas through a bureaucratic chain of command to take action. Instead, they trust themselves, they operate decisively, and they remain agile. In an entrepreneurial environment, your employees will function autonomously in most cases as well.
- Change and growth. To be an entrepreneur is to accept the importance of change and growth. The only way for your business to reach more people and make more money is to evolve; that means adding new products and services, changing internal processes, and sometimes, pivoting the entire brand.
- Experimentation and adaptation. You probably already know how important it is to remain flexible and adaptable when growing your business. It’s also important for your workforce. With an entrepreneurial mindset, your team of employees will be much more likely to experiment with different approaches and adapt to new scenarios.
- Ambitious problem solving. Successful business owners are primarily ambitious problem solvers; they understand there’s some weakness or challenge in the world and are driven to “fix it.” With this mentality, your employees will be more likely to show enthusiasm when solving problems and rising to meet challenges.
The Value of an Entrepreneurial Team
So what’s the real value of an entrepreneurial team?
For starters, you can cut back on direct management and oversight. When all members of your team feel like they have a direct impact on their work environment, and when they’re empowered to do their best, they don’t need as much direction or supervision. Instead of looking over their shoulder, giving them project details, or micromanaging your employees, you can set priorities for them, trust that they’re going to work toward them, and shift your attention to more important matters. This lends itself to a less stressed, more inviting workplace – and allows you to be more productive while tackling the most important projects for your startup.
An entrepreneurial mindset also leads to a diversity of thought. When individuals are encouraged to have their own ideas, thoughts, and opinions, they tend to speak more openly in a collaborative environment. They’re more willing to volunteer ideas, offer constructive criticism, and provide meaningful feedback to each other. Such an environment makes it much easier to identify and get rid of bad ideas (before it’s too late), while simultaneously establishing the groundwork for the presentation of highly ingenious concepts.
Additionally, startups need to keep adapting if they’re going to stay alive. Over time, your target market might change, you might face new competition, and new challenges will threaten your previous approaches. The only way forward is to adapt, incorporating new systems and processes and changing your infrastructure. Ordinarily, teams of employees are reluctant to adapt – after all, most of us don’t particularly like change. However, when the team accepts the importance and value of ongoing adaptability, they’ll be much more likely to be onboard with your latest changes and experiments.
How to Build a Startup Team With an Entrepreneurial Mindset
Now for the big question – how can you build an entire startup team with a baked-in entrepreneurial mindset?
- Create the culture. Everything stems from your company culture. Before you employ any of the following strategies, make sure you have a solid idea for what you want your company culture to be. What are your core values? What is the “ideal” employee mindset? How should this mindset be fostered? What rules exist, if any, to enforce this? Document your company culture guidelines first.
- Choose the right candidates. With a culture document in place, you’ll find it much easier to interview candidates – and find out whether they’re a good fit for this environment. Even if they have a lot of talent and experience, they may not thrive in an entrepreneurial workplace; figure this out early, before you hire someone.
- Lead by example. You’re the leader, so set the tone. People will follow your example. Whatever habits you want your employees to practice, incorporate them into your own daily work.
- Nurture from the top down. You’re not the only leader within your organization, so make sure you select and support strong leaders who can embody and spread your desired entrepreneurial culture from the top down.
- Encourage independent management and decision making. Sometimes, employees will have to run their idea “up the ladder” before taking action. But as much as possible, it’s important to encourage autonomy and independent decision making. Empower your employees to make their own decisions, set their own goals, and devise their own approaches to work.
- Stimulate creativity. Creativity is vital for an entrepreneurial mindset to thrive. Use creative brainstorming sessions, music, art, and other exercises to encourage your team to think in novel ways.
- Get everyone to contribute in meetings. Encourage every member of your team to contribute in your meetings. More contributors will foster an environment of openness and collaborative sharing; it will also help you ferret out the best ideas, which otherwise might be held back by nervous participants.
- Reward good ideas. When a member of your team comes up with a good idea or solves a complex problem, reward them and publicly praise them. It will encourage further idea generation in the future and motivate other team members to volunteer their own ideas.
- Respect bad ideas. It’s not just about good ideas; it’s also important to tolerate and even respect bad ideas. When someone volunteers a questionable idea or makes a poor decision, show your support. Feel free to offer feedback and criticism, but don’t make the person feel bad for trying to do something inventive or helpful. You don’t want to punish people for trying something new.
- Remain adaptive. The most innovative, disruptive businesses are the ones that can adapt. Encourage your team members to remain similarly adaptable, keeping an open mind for new ideas and being willing to change when necessary.
Once your team is full of people thinking and acting like entrepreneurs, your company will be much more flexible, innovative, and productive. And best of all, this entrepreneurial culture tends to be self-sustaining; your employees will naturally spread it to new recruits and continue to foster this creative, efficient environment.
Will AI dominate in 2021? A Big Question – ReadWrite
In 2020, AI had rapid transformations and unexpected developments along with excellent innovations. We, as humans have entered into the most digitalized era of all times.
Due to the pandemic of coronavirus, technology has become the central focus like never before. Internet and social media witnessed a tremendous boost as well. No doubt but the COVID-19 brought about massive success to most technological fields.
Will AI dominate in 2021? A Big Question
With progressive developments and advanced modifications in technology, Artificial Intelligence needs no introduction. This groundbreaking technology has been so promising for the past several years and is moving at an advanced pace.
We are Captivated by Artificial Intelligence
Agreeing with the fact that the technologies are captivating us completely with their interesting innovations and gadgets. From Artificial intelligence to machine learning, IoT, big data, virtual and augmented reality, Blockchain, and 5G; everything seems to take over the world way too soon.
Keeping it to the topic of Artificial Intelligence, this technology has expanded its grip on our lives without even making us realize that fact. In the days of the pandemic, the IT experts kept working from home and the tech-grounds kept witnessing smart ideas and AI-driven innovations.
Artificial Intelligence is also the new normal.
Artificial Intelligence is going to be the center of our new normal and it will be driving the other nascent technologies to the point towards success. Soon, AI will be the genius core of automated and robotic operations.
In the blink of an eye, Artificial Intelligence can be seen adopted by companies so rapidly and is making its way into several sectors. 2020 has seen this deployment on a wider scale as the AI experts were working from home but the progress didn’t see a stop in the tech fields.
For the year 2021, Artificial Intelligence is expected to level up to a great extent and is going to deliver phenomenal AI implementation.
Artificial Intelligence in 2021
Even if we talk about the days before the pandemic, AI and ML were already causing drastic changes and widespread disruption in all sectors and industries. Now after the whole year that is passed in the quarantine, in 2021 — we are expecting everything to resume back to normal.
Artificial intelligence and related technologies are going to be the biggest key components that would be impacting almost every sector. Yes, this impact is definitely going to be highly positive so we don’t have to look at the darker side — yet.
With the passing of time, AI would become a key trend that will reshape our home, personal, and work life. This can be pretty alarming right away but soon you will find the advantages that AI will bring.
-The global artificial intelligence software market is estimated to grow speedily in the coming years and would reach up to $126 billion by 2025, a recent report reflected.
In this article, I will show you the impact of Artificial Intelligence on the whole world. With the below-written trends, you will be able to gain an insight into how Artificial Intelligence is reshaping every sector.
It is predicted that whoever leads artificial intelligence in 2030 will continue to rule the world in 2100.
Trends in Artificial Intelligence for 2021
Will AI dominate in 2021? It is the hottest topic and the biggest question running through everybody’s mind.
Artificial Intelligence is going to bring a huge change in the industry and in almost all sectors. We are looking forward to seeing Hyperautomation in every field. This is basically the idea of embedding everything with the automated processes. The repetitive tasks must be done with automation.
AI-powered solutions will help businesses a lot over here and would help these businesses to be redefined. Intelligent technologies will also reshape workplaces with phenomenal capabilities.
AI-driven dynamic operating models:
Most industries are going to adopt Artificial Intelligence for data-driven strategies and to come up with smart technologies and solutions. Due to the pandemic, almost every business has witnessed a loss. Now, everybody is pretty clear that their future plans need to be smoothed out, via Artificial intelligence.
Also, Artificial intelligence is going to bring rapid changes in decision-making as well. Companies look forward to saving their time and cost both and this would be enabled by using the AI.
Autonomous operations for increased efficiency:
In almost every sector, management looks for options that can help the company to be efficient and more secure than ever. AI will bring a boost and the businesses will implement the technology to bring autonomous operations on the stage that will enhance efficiency and the processes will get simplified.
Multiple technologies will play a significant role and the AI will become the center of the activities. Taking care of all the operations and making them more simplified and enhanced, AI will play a vital plank.
The field of Artificial intelligence engineering is on the rise. People look forward to pursuing their career paths in the niche of AI to get a secure job future. CEOs and IT leaders of the company are looking forward to deploying new artificial intelligence systems that are maintained and more simplified.
AI is also becoming the core of education and we are going to witness a huge change in the education field knowing as the personalized learning in the form of ML or machine learning. Companies are also going to go for robust engineering strategies to enhance performance.
Convergence of AI into AIoT:
The AI and IoT are turning old concepts into the new concept of AIoT — and it’s on the rise. The internet of things and artificial intelligence are being combined to come up with a newer form of technology. Adding AI into the IoT would help the AIoT to complete the tasks and to learn the data without the involvement of humans.
AIoT will be a lot more defined and will dominate the tech industry. Up to 21% of homes will become smart homes in 2021. AIoT will also be able to adjust in the cities and buildings.
Another amazing concept is brought about by Artificial intelligence and the technology of the internet of things. Edge-AI is the technology of moving the decision-making process seamlessly and the provision of secure and analyzed data is the responsibility of edge AI as well. This is the pure blend of edge computing and artificial intelligence.
With the help of edge-AI, the smart devices would use AI algorithms and edge computing to come up with the data processing. This will be deployed to every smart gadget and device including mobiles, laptops, drones, robots, self-driven cars, and cameras, etc.
The total cost of AI:
Earlier, it was considered as only the tech giants can use the AI technology but now the startups and the small software initiatives can also look out for the deployment of Artificial intelligence. It is now more accessible to all the companies and they can use the tools of their choice along with the frameworks.
The projects that are powered by AI and ML are expected to grow tremendously. The companies are looking forward to integrating AI into their systems and making their processes go seamless.
Explainable AI is going to be in the trend of 2021 and is going to dominate for sure. The explainable AI would help the data scientists to create trust across all the companies and the merchandise that are dealing with the AI and ML projects. The model explainability will also be kept in front of AI experts.
The biggest artificial intelligence vendor, Google, has also offered the development tools and frameworks revolving around the concept of explainable AI. We are looking forward to seeing some more interesting projects that are based on the explainable modules of AI.
Quantum computing on rise:
If we say AI is here to stay — then it would definitely not be wrong. As we can see that along with AI, quantum computing is also on the rise. Here AI will combine with the quantum theory that revolves around the concept of computer technology and its principles. Both the technologies together are going to bring drastic changes.
With the increased demand for computer science and technology, artificial intelligence and quantum computing are the most thriving technologies of the industry.
AI as the service:
The demand for AI is rapidly increasing. People are looking for the experts of AI and the professionals who can create custom AI projects so this is indirectly helping the artificial intelligence experts to rise in demand. These professionals are working to provide IT services as well.
Artificial intelligence will continue to thrive for a very long so if the students are going to opt for this career field, they are definitely going to land a bright future.
Artificial Intelligence will continue to dominate the world in 2021. It will soon take over every sector and industry and will continue to thrive.