The digital age is happening and technology is evolving quickly. Emerging technologies are the newest and most innovative types of technology that are currently in development. They are often the first to be adopted by society and the businesses that use them. These technologies are constantly changing and evolving, so it is important to stay up to date on what they are and how they can be used. There is no one-size-fits-all answer when it comes to emerging technologies, as the best technology for a specific business may vary. This article will be adding to our knowledge from the previous part of this article, some of the popular technologies as explained in emerging technologies 01 were:
1. Artificial intelligence (AI) – AI is a subset of machine learning that allows computers to “learn”. It is already being used in a number of business and commercial applications, but its potential is even greater. There are a number of different types of AI, including natural language processing, computer vision, and machine learning. These capabilities allow computers to “learn” and to perform certain tasks automatically.
2. Virtual reality (VR) – VR is a type of computer-generated graphics and video experience that involves wearing a headset that creates a realistic environment. It is often used to allow users to experience events or situations that they would not be able to experience in the real world. VR has been used extensively in the gaming industry, but it is also being used to create other types of experiences, such as medical simulations.
3. Drone Technology – an important reason for the emergence of this technology is the increase in its usage to conduct surveillance and create all kinds of weaponry by the United States of America. It is applied to construction, rescue, marketing, entertainment, research, and so on.
Now, to the recently seen technologies:
5G is the next.
5G networks are cellular networks, in which the service area is divided into small geographical areas called cells. All 5G wireless devices in a cell communicate by radio waves with a cellular base station via fixed antennas, over frequency channels assigned by the base station. The base stations, termed nodes, are connected to switching centers in the telephone network and routers for Internet access by high-bandwidth optical fiber or wireless backhaul connections. As in other cellular networks, a mobile device moving from one cell to another is automatically handed off seamlessly. 5G is expected to support up to a million devices per square kilometer.
Holograms are commonly used for security, as they are replicated from a master hologram that requires expensive, specialized and technologically advanced equipment, and are thus difficult to forge. They are used widely in many currencies, such as the Brazilian 20, 50, and 100-reais notes; British 5, 10, and 20-pound notes; South Korean 5000, 10,000, and 50,000-won notes; Japanese 5000 and 10,000 yen notes, Indian 50, 100, 500, and 2000 rupee notes; and all the currently-circulating banknotes of the Canadian dollar, Croatian kuna, Danish krone, and Euro. They can also be found in credit and bank cards as well as passports, ID cards, books, food packaging, DVDs, and sports equipment. Such holograms come in a variety of forms, from adhesive strips that are laminated on packaging for fast-moving consumer goods to holographic tags on electronic products. They often contain textual or pictorial elements to protect identities and separate genuine articles from counterfeits.
Li-Fi is a light communication system that is capable of transmitting data at high speeds over the visible light, ultraviolet, and infrared spectrums. In its present state, only LED lamps can be used for the transmission of data in visible light. In terms of its end user, the technology is similar to Wi-Fi — the key technical difference being that Wi-Fi uses radio frequency to induce a voltage in an antenna to transmit data, whereas Li-Fi uses the modulation of light intensity to transmit data. Li-Fi is able to function in areas otherwise susceptible to electromagnetic interference (e.g. aircraft cabins, hospitals, or the military).
There is no one-size-fits-all answer when it comes to emerging technologies, as the best technology for a specific business or investment scenario may vary. It’s important to note that while these technologies are advancing rapidly, they are still in their early stages and might not be suitable for every business. It’s also important to ensure that you have a solid understanding of these technologies so that you can make informed decisions about whether or not to invest in them.