Video: Blockchain for good Data scienceIt’s been said that data is the new oil in today’s digital economy, but that may be underestimating data’s impact. The potential to eliminate third parties from transactions is driving a global market for blockchain that’s expected to grow 59% between 20. Video: From the front line of autonomous transportationBlockchainIf there were a “Transformative Technology of 2018” award to recognize potential to transform the global economy, blockchain would be a leading candidate. It’s a huge financial opportunity, and the impact on our daily lives may be even more profound than the introduction of mass-produced autos a century ago. The global market is expected to reach $65.3 billion by 2027. Report: AR-and-VR-powered manufacturing revolutionAutonomous vehiclesA look at the A-list brands competing in this space-including Google, GM, Ford, Toyota, Tesla, and Volkswagen-suggests a large potential market. In the near future, expect to see more AR events layered over your physical world. But these technologies are improving rapidly and finding use cases in medicine, architecture, manufacturing, education, construction, and aerospace. Get more AI trends and insightsAugmented Reality & Virtual Reality (AR/VR)AR and VR are also technologies that may be underestimated as toys for entertainment and gaming. But AI technology is improving by leaps and bounds, and the data and processing power that drive AI are becoming cheaper and easier to obtain-just a few reasons we’re entering the age of AI everywhere. We’re tracking several high-impact technologies that have the potential to transform all types of industries-and transform them more quickly than ever before.Exponential Technology Trends to Watch in 2019Įxponential TechnologyImpactLearn MoreArtificial Intelligence (AI)Companies have been hyping AI for many years now, to the point where some organizational leaders may have stopped paying attention. Here are some key exponential technology trends to watch It may seem daunting to change course so quickly, but today's leaders must accept the challenge of learning all they can about exponential technologies and the opportunities and threats they pose to their organizations. Many organizations are struggling to create the innovation-friendly cultures and continuous learning environments necessary to survive and thrive. That’s important as you consider what steps are needed to transform your own business from a linear to an exponential organization.In this era of rapidly accelerating transformation, organizations of all types must develop the ability to innovate rapidly. As exponential technologies continue to emerge and converge, things will only change faster. The next day, with the flip of a switch, a billion+ Gmail users saw Smart Reply capabilities in their inboxes.We can expect the rate of acceleration in 2019 to be the fastest to date-and likely the slowest pace of change we’ll ever see from this point on. One day, Smart Reply was available to a limited number of Gmail users. Smart Reply, a machine-learning powered feature that suggests three possible replies to an email message, was developed by a Google team led by SU's Co-Founder and Chancellor, Ray Kurzweil.
DESCRIBE TREND IN GRAPH EXPONENTIAL GROWTH ANDROID
Today, it’s possible to introduce new technologies that reach 1 billion users instantlyįor example, in 2017, Google rolled out Smart Reply technology to more than one billion Android and iOS Gmail users in an instant. Impressive growth rates, but not really on the level of today’s standards. It’s remarkable that Pokémon GO reached 50 million users in just 19 days, but that feat was only possible because the game is built on top of other exponential technologies, including computer processing power, mobile phones, the internet, and augmented reality. It actually took 75 years for landline phone usage to reach 50 million users (see below).Compare that to the adoption of mobile phones, which took 12 years to reach the 50 million user mark.
Consider the telephone, a game-changing technology in its day. Why? They’re achieving global adoption at an unprecedented rate. These trends support the idea that technology is progressing faster than ever before.And innovative technologies will be developed even more rapidly in 2019. There has been a remarkable amount of activity-foundings, fundings, acquisitions, and record valuations-from organizations being built on foundations of exponential technologies, including AI, blockchain, IoT, and 3D printing. One of the most interesting aspects of 2018 has been the amount of change that has occurred in such a short time.