PEAKLIFE

By Kratika Agarwal

Thanks to technology, the world around us is changing faster than ever. With the emergence of new innovations and technical know-how, we have to constantly unlearn and relearn. This is crucial to stay ahead of the curve. Be it the advancement of humanoid robotics by Ameca or the wonders of Artificial Intelligence (AI) with the popularisation of Chat GPT, new breakthroughs are being made as we speak. In order to stay relevant and master the future, it’s imperative that you familiarise yourself with the latest technologies and upskill as and when required. Here, we shed light on the newest technological developments and trends that deserve your attention.

1. Artificial Intelligence and Machine Learning

There has been a lot of buzz around AI since the start of the 21st century. Everyone who uses computers now has to understand programming in the operating systems. It’s gaining more and more acceptance, which is leading to the inception of even smarter AI based products. Today, AI is affecting how we live, work, and play. It is known for its entry as a Speech Recognition device, Smart Personal assistant, Navigation application, etc. The use of low-code or no-code AI has occupied the market with its user-friendly interface in various domains. Machine learning, which is a part of AI, is needed in many industries and has created a huge job demand and is only expected to grow.

2. Datafication

Data is everywhere. From our smartphones to industrial machines, data has existed for a very long time. Datafication is modifying daily tasks into a data driven technology. It is transforming everything around us into software powered devices. Because of this, we need more IT professionals, scientists, engineers, etc. Skills in this field can combat big certifications. This is the main reason why many small cities gave rise to big leaders in the world of data.

3. Extended Reality

Virtual Reality, Augmented Reality, and Mixed Reality all fall under the term of Extended Reality. The technology is becoming popular amongst gamers, specialists in hospitals, and in many other walks of life.

4. Internet of Things

As things are connected to the Internet through the medium of WiFi, they’re connected to each other. Internet of Things (IoT) is the futuristic tech that has already been enabled in devices, home appliances etc. It is important to note that we are only in the beginning stages. IoT can even enable better decision making, ensure safety for businesses while data is being collected, and facilitate further analysis. Experts predict that billions of IoT devices will be used to create a massive web of interconnected devices by 2030.

5. Computing

Quantum computing will be a term that you will hear a lot in the near future. This technology is being used to put a stop to viruses like Covid-19. Its ability to monitor, analyse, and act on the data provided is commendable. It is also used in banking and finance, where managing risk and detecting fraud is imperative. Quantum computers are coming up to implement this computing faster. An experienced professional in the field of linear algebra, probability, machine learning, or quantum mechanics is considered apt for the role.

Whether we like it or not, these technology developments are here to stay and have the potential to cause severe disruptions. They can offer new opportunities that may lead to growth but can also replace the existing ways of doing things.