The fourth industrial revolution stands out among the previous ones due to the convergence and interaction of several technological advances. Forbes invites you to analyze the ten technological advances that underlie the fourth industrial revolution. These achievements will forever change the business world and the lives of billions of people.
Today, computers are everywhere: in our pockets, on our wrists, in our cars, and even in our appliances.
With increasing computing power and decreasing size microchips, the world is quickly getting used to the fact that computers and devices are getting smaller, lighter, cheaper, more powerful and more common. For example, today the average smartphone is much more powerful than a supercomputer a decade ago. The next big leap forward is likely to be thanks to quantum computers. These computers are so fast and powerful that they can be used to perform new tasks that were previously impossible and unattainable for traditional computers.
A connected and intelligent world
The Internet of Things (IoT) is well known to the general public through devices such as smart TVs, connected watches or even smart thermostats. IoT is a growing number of smart and connected devices or objects capable of collecting and transmitting data.
In the future, everything that can be connected will be. Not only in terms of devices and products (although this is important for business), but also in terms of living and working spaces. From smart factories and offices to whole smart cities, everyday spaces will increasingly be equipped with the ability to track and act.
“Danification” of the world
The ubiquitous computing technology and the Internet of Things are major factors contributing to the amount of data generated on a daily basis. However, along with this machine data, people also generate masses of data through a variety of daily activities, and this phenomenon shows no signs of slowing down.
This is good news for business. Indeed, the latter can use this data for design the best products and services, improve business processes, strengthen decision-making and even create new revenue streams. However, companies need to be aware of the risks associated with the data, especially in terms of privacy and security.
Artificial Intelligence (AI)
All of this data is an important contingency for AI. Over the past few years, AI has made incredible strides, especially in “conversational AI.” Only in 2020, smart speakers answered 100 billion voice teams, which is 75% more than in 2019 !!
As interoperability with machines becomes more intelligent, customers expect all of the company’s products and services to have AI.
Augmented reality (augmented realityXR)
XR is a general term that combines several immersion technologies: virtual realityaugmented and mixed reality.
Initially, XR was known primarily for exciting games. However, it is currently deployed in a wide range of industries, where it is used to create a more exciting and personalized experience for customers and employees. For example, customers can now try products virtually, and employees can learn in an exciting and exciting way.
In the future, the interaction will be more in this blurred space between the real world and the digital world, and XR will only accelerate this change. Therefore, companies need to start thinking about how they will adapt to this and create exciting experiences for their customers and employees.
The term “digital trust” essentially refers to the trust that users find in organizations to build a secure digital world, where transactions and interactions can take place safely and easily.
Many believe that blockchain and distributed book technology will play a crucial role in boosting digital trust and interoperability. However, this technology still has a long way to go before it becomes truly accessible to all types of organizations. For many companies, the solution may be to partner with several innovators and entrepreneurs working in the blockchain space.
Currently, you can use all kinds of materials 3D printing : plastic, metal, powder, concrete, liquid and even chocolate. Now whole houses can be printed in 3D.
This technology can change production. In effect, 3D printing gives manufacturers the opportunity to produce items that are difficult to make by traditional methods. In addition, it helps streamline the production process and create products with individual needs (even completely unique), eliminating waste and reducing costs.
Gene editing and synthetic biology
Genome editing has the advantage of identifying “bad” genes, ie genes that can threaten the health of an organism or its offspring. Thanks to new genomic copying technologies, these harmful characteristics can theoretically be changed. Thus, genomic transcription can make significant progress in combating human, animal and plant diseases.
Although genome editing tools can be used to make minor changes to DNA, synthetic biology can collect long strands of DNA and insert them into the body. Thus, the recipient organism may behave differently or gain completely new abilities.
What is the relationship with companies? The synthetic biology and genomic transcription can radically change the way products are produced. Take the example of exciting new products, such as cultivated meat: it’s easy to see how revolutionary these technologies can be.
Nanotechnology and materials science
The Science of materials (the discipline of studying and manipulating materials) and nanotechnology (the science of managing matter at the atomic or molecular level) have already made incredible progress: tiny computer chips, smartphone screens, lithium-ion batteries or stain-resistant fabrics. .
In the future, these technologies could lead to major breakthroughs in batteries for electric vehicles. They could also make solar energy more accessible and provide other achievements that will make the world a better place.
New energy solutions
Nuclear fusion is often touted as a clean and (potentially) inexhaustible energy solution for the future, but there is a problem: it takes more energy to sustain a fusion reaction than it does to produce it! However, now, thanks to the advancement of magnetic technology, we can see a nuclear fusion reactor that will provide net output by 2035.
L ‘green hydrogen (different from traditional “gray hydrogen” production) is another interesting alternative to carbon-free energy. Green hydrogen is obtained by electrolysis of water using renewable electricity. Electrolysis is the process of decompensating water with an electric current. Initially, electrolysis required so much electricity that green hydrogen was an almost impossible process. However, renewable energy sources can change the game. For example, excess renewable electricity available in the grid can theoretically be used to electrolyze water.
The main lesson to be learned from all these achievements is that the world is entering an era of continuous and rapid change when several technological advances combine and feed each other to make significant changes. For companies, this means that the days of gradual renewal of technology are over. Constant change is the way to the future.
Article translated from Forbes USA – Author: Bernard Marr
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