When it comes to software development, keeping up with emerging technology trends is essential, as it allows you to better understand the industry in which your business operates.
Embracing innovation will ultimately ensure your business remains ahead of the competition by enabling streamlined operations, improved efficiency, and a superior customer experience. It will also help position you as an industry leader, allowing your business to effectively attract top talent and strategic partnerships.
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Top Emerging Technologies to Watch in 2023
So, what technologies should you look out for in 2023? Here are just a few of the growing technology trends that you should seek to understand.
Virtual Reality Worlds
For years, people have lorded the potential of virtual reality, claiming it to be the next piece of technology to capture the public’s imagination. Yet, until recently, this has not been the case. In fact, VR games are notoriously glitchy and fail to entertain users.
However, with the metaverse and Nvidia’s Omniverse, the face of virtual reality is set to change. This is a result of the ongoing improvements being made to the Metaverse, which has already garnered about 400 million active users, as well as the ease of platform development Nvidia’s Omniverse provides to Meta developers.
Humanoid Robotics
Once upon a time, humanoid robots were a thing of science fiction. Now, thanks to Tesla’s Optimus and Sanctuary AI’s Phoenix, humanoids have become a reality, with AI-powered robots being released for business and general purpose use.
While information regarding their price is scarce, Sanctuary AI’s commercially available robots are capable of completing a variety of mundane tasks, such as making a sandwich, stacking a shelf, and cutting wires.
Related Article: Humanoid AI Robots Are Here!
AI in Healthcare
Research regarding the use of artificial intelligence in healthcare is ongoing and has thus far yielded excellent results, especially in terms of disease identification. For example, Google has developed an AI imaging tool that’s capable of helping doctors detect skin conditions, anemia, cardiovascular issues, lung cancer, and breast cancer.
Although AI will not likely be utilized in curing illnesses, it has proven to be successful in identifying biological patterns and, consequently, predicting outcomes with its powerful imaging technology and machine learning algorithms.
Related Article: Is Machine Learning the Future of Disease Identification?
Real-Word AI/ML
AI in healthcare is an excellent example of the technology’s growing prevalence in the real world and our daily tasks. With AI tech progressing so rapidly, it’s likely that by the end of 2023, we’ll see much more AI and ML in our everyday lives. For instance, computer vision, a form of AI, is used in self-driving cars and has even been implemented in Japanese security systems as a means of curbing theft.
What’s more, this year has so far seen an increased use of AI in jobs otherwise completed by humans. This has led to almost 4,000 jobs being lost in May alone, and it’s likely this trend will continue. The trade-off, however, is that businesses are able to boost their efficiency and save on labor costs.
Related Article: How Artificial Intelligence Is Being Used to Stop Shoplifters
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Right now, the technological world is hyper-focused on artificial intelligence and machine learning, with new AI/ML technology emerging every day. But keeping on top of AI news can be challenging, especially when you’re busy running a business – that’s why we created the AI Business Report.
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