Ten Best: Tech Trends in 2023
Technological growth has been exponential in the last few decades. Just when we think we have reached the limit of what technology can do, we get surprised. This is a trend that’s not going to change anytime soon. We’re now in the year 2023. Plenty of emerging tech trends are waiting for us, together with online casinos recommended by Slotozilla. In this post, we’ll take you through the top 10 most anticipated trends to look out for. If you consider yourself a tech-savvy individual, this might be the spark you need to become an early adopter.
The Rise of Artificial Intelligence
Artificial intelligence, or AI as a concept, is not new. History shows us artificial intelligence was invented sometime between 1940 and 1960. Christopher Strachey is believed to have used the first successful AI program in 1951. He later went on to become the director of the Programming Research Group at Oxford University. For the longest time, the AI applications we’ve seen have been turbulent until recently. To be precise, OpenAI changed the general perspective on AI technology with its GPT engine. Unless you live under a rock in a remote desert, you must’ve heard of ChatGPT.
ChatGPT is an AI large language model that can answer queries in a way no other AI programs have managed before. It recently launched a newer version of ChatGPT which is based on the GPT 4 engine. It used the largest data pool ever to train the model, making it the most advanced AI chatbot we have right now. In 2023, AI technologies will keep growing. The primary reason is that tech giants like Microsoft and Google are following the footsteps of OpenAI to make artificial intelligence more useful in our everyday lives.
Apart from AI chatbots, creative AI (generative AI) projects are also getting massive traction. Midjourney is one of the examples. It’s a generative AI that can compose images based on text prompts provided by the user. As long as you can provide relevant words and explain what you want, Midjourney can create hyper photorealistic images.
Similarly, AI can create music, write poetry, and cover all other creative areas that will only expand with the technology trend in 2023.
Metaverse
The metaverse will be another big thing in 2023. Now, it’s not a brand-new concept, but it has a lot of room to grow. It’s primarily thanks to the innovations in blockchain technology and Web 3.0. Metaverse is essentially a digital world where you can participate in various social activities, including betting, as an avatar. The best visual reference of what the metaverse entails to be is in the 2018 film “Ready Player One”. It’s an immersive world that you access via:
- Virtual reality (VR)
- Augmented reality (AR)
Cryptocurrencies
Cryptocurrencies will be the base of economic activity in a metaverse. For example, your favourite artists may be hosting a concert in one of the metaverses. To attend, you’ll need to buy tickets. How do you plan to pay for it? With cryptocurrencies, of course! It makes sense because cryptocurrencies are the only true cross border payment method. At the same time, NFTs will play a major role in the sustainability of metaverse. From your avatar to the ticket you purchase will all be NFTs.
Virtual Office
The new era has shown us that we don’t really need to go to an “office” to get the job done. It is at least for those of us that are fortunate enough to hold white-collar jobs. The impact on the economy we’re seeing is the result of supply chain management and logistics issues, not employees not going to the office. Currently, many of us are either working from home or maintaining a hybrid work model. The main reason this practice hasn’t caught on just yet is the slow development of tools that make remote working seamless.
2023 could be the year when it all changes. Microsoft TEAMS is a great example of such a tool. The idea is to bring all team members on board the same database to collaborate on different tasks. ROAM is a similar example that allows users to join conferences as well as get work done.
Expansion of Green Technology
As time goes by, we’re witnessing the catastrophic effects of climate change. The push for the use of “Green Technology” has only grown stronger over the past. This could be one of the most significant technology trends of 2023. In 2020 alone, green startups raised over 40 billion USD to counter the impacts of climate change. The main idea behind green initiatives is to reduce our carbon footprints. The popularity of electric vehicle manufacturers like Tesla shows us we’re on the right track.
Another great example of the growth of green technology would be Proof-of-Stake (PoS) blockchains. Traditional Proof-of-Work (PoW) blockchains require a lot of electricity to validate transactions. A PoS system emits up to 99% less carbon to process the same number of transactions if not more. Another revolutionary change can come in the power and energy sector. Developments for decentralised power grids are already underway. The idea is to generate power where it’s required rather than spending billions of dollars to transport from central grids.
Change in Robotics
The branch of engineering that deals with conceptualization, operation, and production of robots is known as robotics. In recent times, most engineering firms have been trying to bring revolution to humanoids. 2023 can be the year when this emerges as one of the new technology trends.
Artificial intelligence also has a large role to play in the growth of humanoid robots. The combination can result in extremely capable machines that can replace humans in dangerous jobs. For example, working at a nuclear power plant is extremely dangerous. At the same time, it requires human decision-making to keep things on track. A robot that can think like a human would be a perfect choice to work at nuclear plants. Of course, this is just one example of what humanoid robots can do. Also, non-lethal aspects like bartending, greeting, housework, etc., can use humanoid robots.
Blockchain Technology
Well, blockchain technology is no longer new. It’s been around since the advent of Bitcoin. However, the real-world adaptation of these technologies is still very limited.
A blockchain is essentially a distributed ledger that contains information in “blocks”. Each new block is connected to the previous block with a unique hash code. The result is an immutable system that even the developers cannot manipulate.
The goal of blockchain technology is to achieve decentralisation in all aspects of life. Currently, we see the most blockchain usage in finance. Traditional financial organisations like banks, credit unions, and lenders follow a strict set of rules. But these are centralised organisations. The problem arises when the system in place fails. For example, if the bank holding your money no longer exists, you can’t access your funds anymore.
In a decentralised economy, nothing depends on a single actor. If one actor fails, there are millions of others to continue the legacy. This is exactly what DeFi (Decentralised Finance) does. Many experts are also projecting that we might see a new version of Web 3, the Web 3 2.0. It’s possible only when blockchain technology trends get enough traction in the real world.
Game Engines
Just like many other tech trends in this post, game engines are not really new. But it’s one of those technologies that has been the staple of the video game industry. Currently, more than 60% of game developers use some kind of game engine to improve their productivity. In recent times, these engines seem to be breaking out of the stereotype. The stereotype is that they can only be used to make games.
The reality is that the rendering power of game engines can benefit many other industries. Movies, designing, metaverse, and even astronaut training can benefit from game engines. In fact, NASA is testing some engines for their training programs, mostly for simulation. Many CGI scenes we see in movies and TV shows are rendered with game engines. It eliminates a lot of hard work for CGI artists while streamlining productivity. This makes it one of top tech trends of 2023. Some popular game engines include:
- Unreal Engine
- CryEngine 3
- Unity
- GameMaker
- Panda3D
Digital Immune System
This is a very new concept that can get immense traction in 2023. By definition, it combines many aspects of design, software development, operations, and analytics to eliminate risks from business. Even if these technologies can’t eliminate risks, they can surely mitigate some. The goal is to reduce customer downtime by creating a system that’s “immune” to barriers. Such barriers can include but not limited to:
- Cyberattacks
- Scalability issues
- Data breach
Projections show that if big businesses start investing in DIS in 2023, they can reduce customer downtime by 80% by 2025. That’s a massive jump in productivity in a matter of only 2 years. A successful emergence of digital immune systems will require some other technologies we’ve already discussed in this post. AI, blockchain, and green technology are some of them.
Ambient Computing
We’re not surprised if this is the first time you’re learning about ambient computing. The interesting thing is that many existing technologies already use ambient computing. In 2023, the use of these technology trends may break out. In simple words, ambient computing is “an environment of smart devices coupled with artificial intelligence (AI), machine learning (ML), data and human activity together to deliver an outcome without human intervention”.
Think of a thermostat that automatically adjusts the temperature to your liking. Or, a computer monitor that adjusts the brightness depending on ambient lighting to alleviate stress from your eyes. Any electronic device that can make decisions based on ambient conditions belongs to the class of ambient computing. This also aligns with one of the other technology trends we discussed. Working remotely. Maintaining a work environment is very important, even if you’re working from home. Installing devices with ambient computing capabilities can increase productivity in hybrid work conditions. Your options include:
- Amazon Echo Show
- Google Nest Hub
The Bridge Between the Real and a Digital World
The concept here may seem identical to metaverse. But the bridge we’re talking about follows the idea of digital twins. They are virtual simulations of physical objects and operations. The reason we believe it’s one of the emerging technologies in 2023 is our need for perfection. Testing any product or practising something in the real world is often not very cost-effective. We still did it because we didn’t have any other option. But with the rise of 3D printing and digital twin technology, it’s now possible to test something virtually. For example, surgeons can practise in a simulation environment without risking real lives. Engineers can design and test a product before spending time and money developing a prototype.