2023 is set to be a pivotal year for technology, we’ve seen major advancements that are set to deeply affect future society. Fields from AI and quantum computing to self-driving cars and Augmented Reality have moved out of development and into the consumer and public spheres. Our cities and our lives are getting set to become hyper connected.
Here are the top tech trends that will be the catalyst for change:
1. Artificial Intelligence & Machine Learning:
2023 will be remembered as the year that AI went mainstream.
OpenAI, a leading research organisation in AI, is driving the field forward with innovative research in language processing, generative models, and reinforcement learning. They created the first big public AI chatbot called ChatGPT, and have already released V4, which convincingly passed both the bar exam and SATs.
Chat GPT clocked up 100 million users in the first 2 months! For reference it took Tik Tok 9 months. The large language models allow users to have natural interaction with AI that can not only answer questions but create writing and images on demand from the extensive pool of knowledge it has scraped from the web.
Google and Microsoft have already released their own AI competitors in response.
If the internet is society’s subconscious, these AI models are a way to access that information in a new and meaningful way, as well as use that information creatively. Want to write a rap in the style of Snoop Dog, or a poem in the style of Wordsworth? ChatGPT can do it in seconds, and do it well.
These models are also able to write and debug code, be used to create dialogue in games, and generate video, so expect to see them as a new toolset and an integral part of the creative journey going forward.
The field is evolving so rapidly and YouTube is already flooded with videos on how users can create new business models and artworks through the power of consumer accessible AI. Videos solely created by AI including the voice over, animated character, and scripts are also beginning to appear.
GPT4 Youtube video: https://www.youtube.com/watch?v=TxkJMX0KyS0
2. 5G Networks:
What if low data rates, latency and losing mobile connectivity were a thing of the past? 5G networks are preparing to offer always on super fast connection to mobile devices.
EE and Three have committed to delivering “full nationwide 5G coverage” by 2028.*1
So far 12 percent of the geographical area in the UK is covered by 5G, but the service is already accessible to 68% of the population.*2
From telemedicine to autonomous vehicles, drone networks and delivery bots to fully connected smart cities, 5G has the potential to open up a whole world of new possibilities for areas such as Augmented Reality, health care, education, and tourism and become the gateway to modern day always on communication.
3. Edge Computing:
Due to our digitally connected lives, the volume of transmitted data is increasing at a dramatic speed. The amount of data transferred on UK mobile networks alone almost doubled from May 2019 to May 2021, reaching a massive 571 million gigabytes.*3
The idea behind edge computing is to move data processing away from a cloud network and as close to the data source as possible so devices can communicate faster and more efficiently.
Huawei, Intel, Nokia, Apple, Samsung, and Verizon are the biggest companies in the Edge patent race, clearly signaling that the technology is going to be widely implemented to make data accessibility even faster. The forecast global revenue is predicted to be 274 billion U.S. dollars by 2025.*4
Expect to see the technology integrated in the fields of VR, AR, content delivery, gaming, hospitals, industry and energy monitoring and IOT devices in factories and smart homes.
4. Internet of Things (IoT):
The IoT is the network of connected devices with sensors and smart capabilities for example your lights, heating, oven and even your car could all be connected to your phone.
According to the latest available data, there are approximately 15.14 billion connected IoT devices. This figure is expected to almost double to 29.42 billion by 2030.*5
5. Quantum Computing:
Quantum computing will play a major role in solving problems in finance, cryptography, and healthcare with its ability to perform large-scale optimization problems, crack even the most complex cryptographic systems and speed up drug discovery processes by running simulations that can help identify new treatments in seconds.
Traditional computing is based on bits to store and process information, which can only have two states (0 or 1/ Off or On), while quantum computing is based on quantum bits (qubits), which can exist in multiple states simultaneously. This allows quantum computers to perform multiple calculations at the same time making it 158 million times faster than the most sophisticated supercomputer we have in the world today. Or to put it another way, a computing task that would take our current supercomputer 10,000 years to complete would take a quantum computer 4 minutes.*6
It will make traditional computing look like a child’s toy in comparison.
The combination of some of this tech could be crazy such as the use of AI in quantum computers. There is currently a lot of backlash involving AI as in a couple of minutes you could write perfect code for a game, write an essay or solve complex maths equations with ChatGPT 4.0. You could even generate a photo of yourself in the style of Leonardo Davinci with MidJourney or any AI art tool or any artist for that matter which is causing some controversy involving copyrights or get AI to trade crypto for you.
Below is a link to a list of an AI for almost anything you could ever need. Feel free to check it out and see what you think.