The Technologies of the Future and How They Affect the Workplace

Technology is changing our world in an ever-increasing speed. We are constantly connected, whether through our smartphones, or robots. Communication is no more face-toface or handwritten, but instant and immediate via a myriad of channels that include voice assistants, text, and video calls.

The advancement in technology has improved the quality of our lives from generation to generation. But it’s not without its risks, especially when it involves jobs. Many worry that new technologies could replace human jobs, and this may happen to some extent. But we know from history that the loss of certain jobs is offset by creation of other, better, jobs.

We are already seeing this in the workplace thanks to advances in artificial intelligence and natural language processing and robotics. We are also seeing the impact of drones and 5G networks.

These technologies will transform business processes with increased levels of connectivity, automation, and security. Blockchains for instance are changing supply chains by making them more secure, and offering unalterable transaction histories. 5G will enable businesses to process data closer to where it originated (ultra-low latency) and also ensure data sovereignty, and increase data privacy by reducing the cost of transmission.

Meanwhile, augmented reality and virtual reality are changing how we interact with devices and information, as well as creating immersive experiences that feel and look just like real life. We’re also seeing significant progress in areas like gene editing, which will reduce the frequency of genetic disorders that stem from hereditary disorders like muscular dystrophy to cystic fibrosis and could even extend our lives.

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