Emerging technologies in Pakistan

Business executives are well aware that technology disruptions will occur in the next years. However, keeping up with emerging technologies, much alone comprehending their complexity and anticipating developments, is a daunting endeavor.

The CompTIA Emerging Technology Community publishes an annual list of the top 10 emerging technologies to assist companies in gaining a foothold. This list is unique in that it concentrates on “which new technologies have the most potential for immediate business effect.”

CompTIA’s selections are shown below, along with a brief description of each technology and some potential commercial applications.

Artificial Intelligence (AI).

General AI, a computer that is self-aware and commands intelligence equivalent to that of a human, is the holy grail of artificial intelligence development. These speculative systems would be on par with us intellectually—until v2.0 arrives and we slide to a distant second.

Until then, we’ll have to make do with narrow AI, which consists of machines that do extremely particular jobs. Although this may appear to be overly restricted, narrow AI already drives systems such as SPAM filters, Google Maps, and virtual assistants like Siri. And its applications are expected to expand much further.

“What we’re witnessing now is that machine intelligence is spreading out a little bit from those tight peaks and growing a little bit wider,” physicist and machine-learning researcher Max Tegmark told Big Think in an interview.

Chatbots, logistics, self-driving vehicles, virtual nursing assistants, tailored textbooks and instructors, and even artificial creativity are just a few of the applications that narrow AI has the potential to enhance or bring to light in the next years.

The Internet of Things (IoT) and 5G

5G may not appear to be all that interesting. What’s more G when we already have 4G? The difference, though, will be exponential. 5G networks might be 100 times faster than 4G networks, allowing many more devices to connect, lowering latency to almost nil, and giving more consistent signals.

Internet of things i.e. IoT, which will extend the power of the internet beyond computers and into a wide range of objects, processes, and surroundings, will rely on this wireless technology as its backbone. Smart cities, robot-driven agribusiness, and self-driving highway systems all use the Internet of Things as a foundational technology.

For businesses, this one-two punch will keep current trends going and propel them forward. Under the 5G paradigm, remote offices become more trustworthy, and real-time data exchange of, example, live events or desktop grabs would be easy. The IOT, on the other hand, aids in the elimination of intermediate processes that stifle production. Why should someone waste time gathering data from the manufacturing floor when the factory floor can do it themselves, curate it, and provide it to them?

Computing without a server

The term “serverless computing” is a misnomer. It’s difficult to supply computing resources without a physical server, unless you’re willing to engage in some really black arts. Instead, this system more effectively distributes those resources. There are no resources assigned to an application while it is not in use. The computer power automatically grows as needed.

This technical change eliminates the need for enterprises to worry about infrastructure or bandwidth reservations, resulting in the golden ticket of ease of use and cost savings.

In the words of Eric Knorr, editor in chief of International Data Group Enterprise: “One of the advantages of this design is that the cloud provider only charges you when a service is used. You don’t have to pay for unused capacity—or even consider it. In essence, the runtime remains inactive until an event occurs, at which point the relevant function is switched into the runtime and executed. As a result, you may create a large, complicated application without paying any expenses until it is executed.”

Biometrics

Biometrics is the ability for a system to recognise people based on biological characteristics like their face, voice, or fingerprint. Many individuals currently have one or more of these on their laptops and cellphones, but as technology advances and becomes more widespread, the password paradigm may be phased out.

Because most individuals choose ineffective passwords, use the same one for all accounts, and never update it, hackers usually only need one hit to gain access to a person’s personal and professional information. Even individuals who use strong passwords may find it difficult to manage the system.

As a result, biometrics promises to provide much-needed data security. With raw computational power, a fingerprint is far more difficult to crack than a password, and the complexity increases by orders of magnitude when many markers are employed in unison.

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Virtual/Augmented Reality

Virtual reality’s day may have finally arrived, with hardware costs falling, computing power rising, and high-profile firms such as Google and Facebook entering the game. And, if augmented reality apps become more widely accepted on smartphones, such technology may become simpler to market in the future.

Microsoft Mesh, which was just unveiled, and its competitors are hoping to cash in on our new remote-work age. The idea is to leverage these “mixed-reality” technology to build virtual shared spaces for corporate teams to have meetings and collaborate on projects.

And, according to Peter Diamandis, chairman and CEO of the XPRIZE Foundation, this technology has the potential to transform the retail consumer experience. Customers might, for example, use a virtual avatar to try on garments or sit in their amphitheatre seats before making a purchase.

Blockchain

Bitcoin, the much-hyped cryptocurrency, did not make the list, which may come as a surprise. However, the blockchain, a technology’s online ledger, has overtaken the digital currency as the emerging corporate star.

A blockchain, unlike traditional, centralised records, is decentralised. The permanent record is distributed across the system and is not stored in a single location. This architecture makes it more difficult to misplace or tamper with documents.

Elad Gil, a software entrepreneur, told Big Think in an interview: “Systems based on [Blockchain] are basically censorship-proof or seizure-resistant. In other, if you live in a nation with poor governance, the government can’t come and seize your asset; it also implies that no third party can wipe your data unintentionally, or that you can’t hack a third party to get your data (though clearly, you can still attack a blockchain).”

This is why blockchain has piqued the interest of businesses that need to keep records (i.e., all organizations). And the number of possible applications is astounding. Hospitals may utilise blockchain to store and exchange health records. It may serve as the foundation for a safe online voting system. It may keep track of logistics in global supply networks. There are, of course, a plethora of cybersecurity applications.

Robotics

In 1962, the first industrial robot punched the clock. Since then, technological developments have gradually increased robotics’ employment participation, and robots will continue to migrate from factories to First Street to do simple jobs like cleaning and deliveries in the future years.

Such developments have kept the Luddite flames burning for over a century, so one difficulty for business executives will be convincing their employees that robots aren’t coming to take their jobs. In reality, as more individuals migrate into low-skilled, human-centered occupations, the change will almost certainly be positive.

“Bringing robots into the workplace may be a challenging and dynamic process. While it may appear that workers’ jobs are at jeopardy at first, the final result is a warehouse full of happier, healthier individuals who remain the focus of a competitive business “For the World Economic Forum, Melonee Wise, CEO of Fetch Robotics, writes.

Processing of Natural Language

Naturally language processing is a branch of AI that attempts to create systems that can understand and communicate using human language. Does it appear to be simple? If that’s the case, it’s only because you’re reading these words with a mind that has been gifted with the gift of language by evolution.

Algorithms, on the other hand, aren’t that fortunate. They have a hard time deciphering the jumble of symbols, gestures, noises, and cultural signals we employ to convey meaning and ideas.

“The application of deep learning to language has a clear flaw. It’s because words are arbitrary symbols, and they’re essentially different from pictures as a result. For example, two words with the same meaning but entirely distinct characters might be similar in meaning; and the same word can mean different things in different situations “For MIT Technology Review, Will Knight writes.

When algorithms eventually crack language, there will be a lot of business applications. Consider chatbots, virtual editors, market analysis, live dialogue translation, resume readers, and phone auto-attendants that don’t enrage every caller.

Quantum Computing

Quantum Computing uses quantum mechanic is a type of computing.

Quantum computing is defined as “the use of quantum states’ collective characteristics, such as superposition and entanglement, to conduct computation.” It solves problems quicker and more accurately—in certain situations, issues that even current supercomputers can’t handle.

While we shouldn’t anticipate a quantum computer anytime soon, quantum computers are expected to form the backbone for the future technologies described above. These machines are currently in use, and IBM has revealed ambitions to create a 1,000-qubit version by 2023, a milestone that physicist Jay Gambetta described as a “inflection point” in the field.

Big data might become more manageable if this technique is adopted. Through quick simulations, it may save costly and difficult development time and solve multivariable optimization issues with ease. Finally, it has the potential to make previously intractable issues, such as those encountered in the processing of n, manageable.

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