digital: The recovery will be in 2021

The next normal – The recovery will be digital:

Tsunamis destroy things quietly and quickly, without you having time to prepare and react to them. This is exactly as the year 2020 has shown us: to change overnight. Throughout history, important lessons have been learned from the worst humanitarian challenges. Understanding the evolution of human evolution motivates us to think about what digital transformation really means for humanity. The pandemic accelerated digital transformation. Futurist Gerd Leonard says anything that cannot be automated will become extremely valuable.

Ark Investment’s latest report for 2021 shows that revenues from the virtual world could reach nearly $400 billion. Virtualization is about creating an intangible digital version of something, rather than strictly repeating it at a specific time and place. Everything that can be done digitally becomes digital. Emerging technologies driven by digital transformation include deep learning, robotics, cloud/edge computing, blockchain, and 3D printing.

deep learning

Traditionally, all software is written by humans. Deep learning is a form of artificial intelligence (AI) that uses data to write software. Deep search for almost every major internet service provides the power, including social media searches and video searches. Based on the Ark Investment report, the core software will be developed through deep learning over the next five to ten years. Deep learning is probably the most important software innovation of our time.

Every minute, every second, people produce an enormous amount of data. We rely on the data center to store information as we enter the new era of energy transfer to the internet cloud. As we enter the era of the Internet of Things (IoT), any object can be connected to the internet through the perimeter server and communicate with the cloud, your smartwatch, washing machines, doorknobs, vehicles, or even our bodies.

Robot and cobot

Over the past decade, the installation of surgical robots has grown rapidly worldwide. To avoid human contact during outbreaks, the adoption of robotic technology has increased exponentially. The e-commerce giants have introduced robotic delivery services. Smart robots can also be found in restaurants, hotels, supermarkets, and hospitals. According to an IBM report, 120 million workers will need to be trained by robots. Whether you accept it or not, the robot will be everywhere.

With technological advances in language comprehension, image recognition, battery capacity, new materials, the price of robots will drop drastically, increasing the adoption rate in the future.

Leader in IT and Cloud Computing

Every action on the internet yields information from different sources. Data generation is continuous 24 hours a day, 7 days a week. The sheer volume of complicated data and its complexity has led to cloud storage and cloud computing. The next challenge is to understand big data and turn it into practical insights.

During the pandemic outbreak, Microsoft’s cloud services increased to 775%. Unlike cloud computing, the latest processing is performed on the deployed device to reduce processing speed and security vulnerabilities.

Blockchain

The core of the blockchain is decentralization. I believe that blockchain is the technology with the greatest potential that can be applied in different sectors and at different levels. The best example right now is cryptocurrencies, a type of currency powered by blockchain technology. The Blockchain itself is a decentralized distributed database that records the origin of a digital asset. The world is evolving around the digital domain. Everything is going digital and blockchain is the revolutionary technology that allows us to own digital assets and data in the safest and most transparent way.

3d printing

Ark Investment estimates that 3D printing will revolutionize manufacturing, from about $12 billion last year to $120 billion five years from now. In early 2021, America’s first 3D printer will be on sale in Long Island, New York, for just $300,000, which will cost 50% less than comparable new buildings in the same area thanks to 3D printing technology. The 3D printers of the future can print modern products from hundreds of composite materials and have them manufactured directly on-site, instead of traveling two hours to the mall to buy them.

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