Top 10 Tech Trends For 2023
Top 10 Tech Trends for 2023
It's my job as a futurist to look ahead, so each year I cover the cutting-edge
technological trends that will have an impact on our digital world in the
upcoming 12 months. Which technologies are expanding the fastest? What
are the key trends for which business leaders should be ready?
Top 10 Tech Trends for 2023 That Everyone Must Prepare For
1. AI in every aspect
Artificial intelligence will start to exist in businesses in 2023. Any business
will be able to take advantage of no-code AI's power to develop more
intelligent products and services thanks to the technology's simple
drag-and-drop interfaces.
In the retail sector, this trend is already apparent. Customer-specific
clothing recommendations are made by Stitch Fix using AI-enabled
algorithms.In 2023, contactless, autonomous shopping and delivery will be
very popular. Consumers will find it simpler to pay for and receive goods
and services thanks to AI.
The newest autonomous delivery programs that retailers are testing and
implementing will also be powered by AI, and more and more retail
employees will need to get used to working with machines to do their jobs.
2. Elements of the Metaverse will happen.
The phrase "metaverse," which I don't particularly like, has come to stand
in for a more immersive internet in which we will be able to work, play, and
interact with one another on a constant platform.
According to experts, the metaverse will contribute $5 trillion to the global
economy by 2030, and 2023 will be the year that determines the
metaverse's course for the following ten years.
The fields of augmented reality (AR) and virtual reality (VR) will develop
further. The metaverse workplace is one to keep an eye on; in 2023, I
predict that we'll have more immersive meeting spaces where we can
collaborate, brainstorm, and create together.
Microsoft and Nvidia are already working on metaverse platforms for
teaming up on digital projects. In the coming year, avatar technology will
also advance. If motion capture technology is used, our avatars will even be
able to mimic our distinct body language and gestures. An avatar is a
presence we project as we interact with other users in the metaverse.
Further advancements in autonomous AI-enabled avatars that can
represent us in the metaverse even when we aren't logged in to the virtual
world may also be on the horizon.
To conduct training and onboarding, businesses are already utilizing
metaverse technology like AR and VR, and this trend will pick up steam in
2023. The Nth Floor is a metaverse setting that has already been developed
by consulting giant Accenture. To enable new hires and current employees
to perform HR-related tasks without physically being present in an office,
this virtual world includes replicas of actual Accenture offices.
3. Web3 progress
Additionally, 2023 will see a significant advancement in blockchain
technology as businesses produce more decentralized goods and services.
We currently store everything in the cloud, for instance, but if we
decentralize data storage and encrypt that data using blockchain, our
information will not only be safer but also have novel access and analysis
methods.
In the coming year, non-fungible tokens (NFTs) will be easier to use and
more useful. For instance, NFT concert tickets may allow you access to
backstage activities and artifacts. NFTs could represent the contracts we
enter into with other parties or they could be the keys we use to interact
with many of the digital goods and services we purchase.
4. Merging the Physical and Digital Worlds
The gap between the digital and physical worlds is already starting to blur,
and in 2023 this trend will only grow. This merger consists of two parts: 3D
printing and digital twin technology.
Digital twins are virtual simulations of actual operations, products, or
processes that can be used to test novel concepts in a secure online setting.
To test under every scenario without incurring the high costs of real-world
experiments, designers and engineers are using digital twins to replicate
physical objects in virtual worlds. We'll see even more digital twins in 2023,
in everything from precision healthcare to machinery, cars, and factories.
Engineers can make adjustments and edit components after testing them in
the virtual environment before using 3D printing technology to produce
them in the real world.
For instance, Formula 1 teams currently gather information about racetrack
temperatures and weather conditions, as well as data from sensors that are
transmitted during races to observe how the cars change. Then, they run
scenarios to make design changes instantly using digital twins of the
engines and other car parts to which the data from the sensors is streamed.
Based on the findings of their testing, the teams then 3D printed car parts.
5. Nature's Growing Editability
In the future, we will be able to edit materials, plants, and even people to
change their characteristics. We will be able to develop materials with
brand-new properties like water resistance and self-healing abilities thanks
to nanotechnology.
Although CRISPR-Cas9 has been around for a while, gene editing
technology will advance in 2023, giving us more power to "edit nature" by
changing DNA.
Gene editing is similar to word processing in that you can add and remove
words, but you can do it with genes. DNA mutations can be fixed with gene
editing, food allergies can be eliminated, crops can be made healthier, and
even human traits like eye and hair color can be changed.
6. Quantum Advancement
A global race is currently underway to create quantum computing at scale.
We can expect computers to operate a trillion times faster than the fastest
traditional processors currently on the market thanks to quantum
computing, which employs subatomic particles to create new methods of
processing and storing information.
Any country that develops quantum computing at scale has the potential to
render our current encryption practices useless, making it possible for them
to decrypt the encryption used by other countries, businesses, security
systems, and other entities. As nations like the US, UK, China, and Russia
invest heavily in the development of quantum computing technology, this is
a development to keep an eye on in 2023.
7. Development of Green Technologies
Stopping carbon emissions so we can address the global warming crisis is
one of the biggest challenges the world is currently facing.
Green hydrogen, a new clean-burning energy source with almost no
greenhouse gas emissions, will continue to advance in 2023. The first
significant green pipeline is being built from wind farms in the North Sea
by Shell and RWE, two significant European energy companies.
The creation of decentralized power grids will also advance. Using this
model, distributed energy generation creates a network of small power
generators and storage that are placed in neighborhoods or individual
homes, allowing them to function even when the main grid is down.
Currently, large gas and energy corporations control a majority of the global
energy market, but decentralized energy initiatives have the potential to
democratize power while lowering carbon emissions.
8. Robots Will Develop Human Qualities
Robots will resemble humans even more in 2023, both in terms of
appearance and functionality. These robots will serve as event greeters,
bartenders, concierges, and senior citizens' companions in the real world.
As they collaborate with people in manufacturing and logistics, they will
also carry out complicated tasks in factories and warehouses.
9. Development of the Autonomous System
Business leaders will keep developing autonomous systems, particularly in
the delivery and logistics sectors. Many warehouses and factories have
already attained partial or complete autonomy.
By 2023, there will be even more autonomous cars, ships, and delivery
robots on the road, as well as even more automated factories and
warehouses.
To sort, lift, and move groceries in its highly automated warehouses, Ocado,
a British online supermarket that bills itself as "the world's largest
dedicated online grocery retailer," employs thousands of autonomous
robots. The warehouse also makes use of AI to position the most well-liked
items close to the robots. The Ocado company is now distributing to other
grocery retailers the autonomous technology that powers their successful
warehouses.
10. Using more eco-friendly technology
In 2023, we'll finally witness a push toward greener technology. We are all
addicted to technology, such as our smartphones, tablets, and computers,
but where do the parts come from that are used to make these devices?
People will be more interested in where the rare earth materials used in
products like computer chips come from and how we use them.
Additionally, we use cloud services like Netflix and Spotify, which continue
to operate in sizable data centers that use a lot of energy.
As consumers demand energy-efficient goods and services that are
supported by more sustainable technology, we'll continue to see efforts to
make supply chains more transparent in 2023.