In a tidal wave of tech advances, from the advent of social robots and personal assistants to the one-day delivery gamble of Amazon Prime and the explosion of voice search, this current year has been full of inventions.
In the modern era, it might seem that everything around us is continually changing and developing, making it difficult to know what pattern to follow. In this blog, we will take a closer look at the developments in technology that are likely to bring significant growth in innovation in the coming year.
The fifth generation of mobile internet access will provide us with super-fast download and upload speeds and more secure connections. Although 5G mobile data networks were first available in 2019, they were still mostly expensive and limited to operating in confined areas or major cities. 2020 is expected to be the year in which 5G starts running, with more accessible data
Modern-day AI research projects also allow this software to use facial recognition, communicate through speech technology, and understand through messaging and reporting. We'll probably start to see AIs in the next decade that doesn't need any human intervention to learn and grow smarter.
Without a hefty price tag, combining the SaaS business model with AI services can help bring AI to the masses. While progress in AI is on the rise in some areas and lagging in others, some AI provider platforms already offer services such as processing-intensive GPU workloads, and Google, Amazon, Microsoft and other large companies already provide machine-learning solutions and training materials. Proliferation in this field, as well as moving towards more specific AI tasks being offered on subscription, is likely to develop in 2020.
While we are not yet at the stage where we can expect to travel routinely in, or even see, autonomous vehicles in 2020, they will undoubtedly continue to generate considerable excitement.
CEO of Tesla, Elon Musk said that he expects his company to create an entirely "absolute" autonomous vehicle by this year, and the number of cars capable of operating with a lower degree of autonomy such as automatic braking and lane-changing will become increasingly common. Other in-car systems that are not directly connected to driving, such as safety and entertainment features, will also become more automated and rely on data capture and analytics.
With the maturation of autonomous driving technology, we will also learn more and more about the steps that regulators, policymakers and authorities should take. Changes in regulations, existing infrastructure, and social attitudes are all likely to be needed before autonomous driving is for most of us a practical reality.
Without some mention of cryptocurrency and blockchain, no list of technology changes would be complete. Whatever side of the fence you're sitting on, whether you think Bitcoin is a giant Ponzi scheme or you think it's the money future, one thing you can't deny is that Bitcoin dominates the crypto sector. While many cryptocurrencies have risen and dropped, Bitcoin now has a market dominance of about 69 per cent in January 2018 after being as weak as 35 per cent. A price increase over the past few months has raised questions as to whether Bitcoin could be a new type of digital gold.
Blockchain technology is expected to see more realistic banking, asset management and intellectual property implementations in 2020, but it remains to be seen whether Bitcoin and the blockchain will fundamentally change the way we live.
As we move through 2020, tools and technology equipped with computer vision will be rolled out for an ever-increasing number of uses. The way autonomous cars "think" and navigate their way through danger is essential. Production lines will use computer vision cameras to check for defective products or equipment failures, and security cameras will be able to alert us to something suspicious without 24/7 monitoring. Computer vision also allows for face recognition, which we will hear a lot in 2020.