1. Artificial Intelligence (AI)
It sounds like science fiction when artificial intelligence can learn and operate without human control. But this might become our new normal in the next three to five years. To speed up the learning process for other AI systems, robots can execute tasks, pick up new skills, and upload data to the cloud. It will no longer be necessary to program various forms of AI independently. They will comprehend concepts, duplicate processes, and create innovations more quickly than humans ever could. The "future" is already here, which is the best part. Researchers have created a groundbreaking artificial intelligence system that can repeat the quantum physics experiment that won the 2001 Nobel Prize in just one hour.
2. Autonomous driving
How long does your weekly commute take you? You might soon find yourself sleeping, reading, or shopping during that time if Google, Apple, or Tesla have their way. There are already self-driving cars on the market, and competition is fierce. Uber, Lyft, and other ride-hailing firms are making significant investments, while General Motors recently paid more than $1 billion to acquire Cruise Automation. George Hotz and other garage hackers are also adding their unique touch to the sector. Anticipate huge things.
3. Reusable rockets
Space exploration has historically been very costly and ineffective. The cost of a single launch ranges from $100 to $300 million, yet the rocket only makes one flight before exploding as it falls freely back through Earth's atmosphere. By creating precisely controlled rockets that can land safely, businesses like SpaceX, Blue Origin, and United Launch Alliance are revolutionizing the industry. Liquified natural gas substitutes for rocket fuel and 3D-printed rocket components will also lower costs. Rockets will eventually be reusable, and space travel will become considerably more accessible.
4. Virtual Reality and Augmented Reality
Although augmented reality (AR) and virtual reality (VR) are not new ideas, they will completely change the world in the next five years. Whereas VR helps us forget reality, AR improves it. The Internet, also known as the Internet of things, opens up a world beyond reality. A new sector called the Internet of experiences is starting to take shape. The VR/AR market is expected to reach $150 billion by 2020, according to the most recent investment in MagicLeap. The way people interact with technology will alter permanently as VR and AR technologies advance and more content becomes accessible to consumers.
5. Rapid adaptation of renewable energy
Up to 10,000 solar panels will be produced daily at Buffalo, New York's SolarCity Gigafactory over the next year. It will significantly lower the cost of solar energy and transform the alternative energy sector. Companies and governments from all over the world will be drawn to renewable energy as they work to address the global energy dilemma. For example, China has previously suggested a $50 trillion global energy grid by 2050. In this instance, the innovation is a system that generates renewable energy technologies globally in a timely and effective manner.
6. Large scale desalination
Although desalination is not a novel idea, its high cost has made adaptation challenging. The largest desalination plant in the world, constructed by the Israeli company Sorek, can produce 627,000 cubic meters of water each day. It is anticipated that desalination will provide half of Israel's water within a year. Sorek has demonstrated that large-scale desalination is feasible. This invention may help address the worldwide water crisis as well as the drought in California.
7. Ridiculously fast internet
Dial-up modems are obsolete, and we now use the internet extensively in our daily lives. But innovation is still happening; the Loon Balloon from Google is only one example.
Google Fiber is already expanding throughout the United States and offers internet speeds of up to 1 gigabit per second, which is 100 times faster than standard Wi-Fi. Li-Fi is a tried-and-true technology that employs visible light communication to send data at up to 224 gigabits per second, which is more than 200 times faster than Google Fiber. With 10,000 times reduced power use, even Wi-Fi is becoming passive. The "Internet of Things," which will link wearable sensors, household appliances, and other technology globally, will soon eliminate problems with internet connections.
8. Online DNA analysis
"There is an explanation in your DNA for that" will take the place of "There is an app for that." In the coming year or so, Helix, Illumina, and Veritas Genetics will make it possible for us to do online genetic analyses, comprehend our susceptibility to specific illnesses, and even explain why some people have a stronger craving for sweets than others. All of this is a part of the endeavor to make genomic data more accessible and provide people with health-related information. A ground-breaking business strategy called consumer genetics will enable consumers to spend modest sums of money to discover more about themselves.
9. Immune system engineering
We are getting closer to discovering a cancer cure and putting chemotherapy in the past. Companies like Novartis, Juno Therapeutics, and Cellectis are already saving lives through immunotherapy and genetic editing, so this is not an exaggeration. In the next one to two years, immune system engineering may be used to treat conditions including HIV, multiple sclerosis, and cancer. Numerous lives will be saved by genetically modified immune cells, such as Killer T cells that are intended to eradicate cancer.
Some of the most significant issues in human history are about to be resolved. Since innovation never stops, the next "big thing" will only result in a "larger thing." Now is the moment to participate. Anyone with a solid concept can get finance and assistance, so the possibilities are endless.