Technology is present in almost everything we do. The digital age has ushered in innovative tech that has reshaped life as we know it, and the innovation continues to move forward by leaps and bounds. No industry can survive the future that lies ahead without adopting some sort of technology.
Tethering technology to accessibility has become even more essential in the wake of the COVID-19 pandemic. Companies that were once resistant to technology overhauls are now turning to tech to remain competitive.
From financial institutions like Bank of America, to online betting sites like Sidelines, tech disruption will play a major role in how industries approach the coming decades. Market shares will undoubtedly favor those that adopt innovative technologies.
Let’s take a closer look at four such technologies that are primed to disrupt industries.
1. Ubiquitous Artificial Intelligence (AI)
You have heard of artificial intelligence, but what about ubiquitous AI? This type of AI simply refers to the prevalence of artificial intelligence in all processes, apps, and machines. This is a disruptive tech shift that coincides with the simplification of AI.
For instance, developers and engineers can integrate AI into apps far easier than ever before. There is no longer a need to change the actual artificial intelligence for it to be integrated anymore . You can see real life examples of ubiquitous AI in companies such as IBM, Amazon, and Google.
According to Popular Science, “Internally, Google has spent the last three years building a massive platform for artificial intelligence and now they’re unleashing it on the world. Although, Google would prefer you call it machine intelligence. They feel that the word artificial intelligence carries too many connotations, and fundamentally, they’re trying to create genuine intelligence—just in machines.”
It is part of the democratised AI movement within tech. AI does not come without responsibility. There still needs to be ethical use of artificial intelligence, but this tech is necessary for disruption.
2. Smart Search Via Web 3.0
Currently, the internet operates using keywords to return search results for users. Web 3.0 sets to disrupt this by making smarter search functions. How? Web 3.0 will leverage AI to return search results in a smarter way using context rather than search terms that may not fulfill search intent.
For example, if you search for running gear, you may find a number of irrelevant search results. With the innovative tech implemented by Web 3.0, irrelevant search information will be filtered out, only returning results that are more personalized.
This is aligned with the aforementioned ubiquitous artificial intelligence discussed above. Additionally, blockchain technology is also fueling this shift in online search operations. For a real life example, check out Ethereum’s browser Opera.
3. Voice Tech Serving Up New Machine Interactions
The way we interact with machines is becoming more advanced and intuitive due to voice technology. This is already disrupting industries large and small. And there is no end in sight when it comes to utilizing voice technology and its applications.
In fact, voice technology has launched the world into a voice economy. This has led to consumerism and marketing via voice, rather than the traditional means. Why has the voice economy grown so much in such a short time?
Voice communication is more natural, so companies have created devices that work via voice. Alexa, Siri, and other smart home devices have revolutionized how people interact with machines. Now you can order groceries by simply telling Alexa what you need. You can even have it delivered to your home.
Growth for this disruptive technology does depend on advancement in natural language processing (NLP). NLP is part of AI and critical for machines to understand what we say, process the information correctly, and deliver the needed results. This will certainly usher in a new wave of voice assistants.
4. AI Automation Tech
Automation has already disrupted industries. But strategic automation, the combination of automation and artificial intelligence, takes automation even further – far enough to make it a disruptive technology that will reshape companies, and our daily lives.
What is strategic automation exactly? It is the use of automation tethered to AI in order to automate business processes for maximum efficiency. Essentially, strategic automation delivers a holistic process to an entire business. This is different from traditional automation, which focuses on specific areas of a business.
The above four technologies set to disrupt industries are certainly worth watching. From strategic automation to ubiquitous AI, these tech advancements are innovative enough to reshape how business is done, as well as how consumers and online users interact. These tech innovations will advance further in the years to come and it is important to keep in mind they could be game changers for your business or industry.