WEEK 2 – MODERN TECHNOLOGY

1. Link video: https://youtu.be/pWWOEcd7f6k

2. Summary:
The focus of this video is on the top 2021 future technologies.
People’s lives are being transformed by this business. And according to this video,
aerospace technology, 5G networks, edge computing, extended reality, human
augmentation, and artificial intelligence are among the six emerging technologies of 2021
that people should be aware of.
Firstly, at number six, it is aerospace technology. Defense and other aerospace sectors are
looking forward to developing zero-fuel aircraft in the coming years, thanks to many
developments in the aerospace industry. Given the global scenario, many aerospace
components are being produced with the aid of 3d printing, though innovation in this area
could be slow.
Secondly, at number five, it is 5G networks that leads to an improvement in video
conferencing, remote working, and interactive collaboration. 5G phones are widely
available from companies such as Samsung, Apple, and Xiaomi. Qualcomm, undoubtedly
the industry leader in 5g technologies, is assisting in making 5g technology accessible to
as many mobile devices as possible. According to reports, the global 5G services industry
is expected to hit 41.48 billion dollars by 2020, with a 43.9 percent annual growth rate
from 2021 to 2027.
Thirdly, at number four, there's edge computing to consider. Almost all of today's
hardware is an extension of edge computing. Also in the middle of the pandemic,
partnerships with artificial intelligence, 5G, and mobile cloud edge would get data
collection closer to users, resulting in quicker and more reliable computation. Experts
predict that by 2021, the edge analytics industry would have grown to eight billion
dollars.
Fourthly, at number three, we have extended reality. Augmented and virtual reality are
examples of extended reality. During the coming year, this technology, along with others,
will be used to address the problems faced by the current situation. Among other things,
this technology will revolutionize healthcare education and lifestyle. By 2021, the AR
and VR industry is forecast to generate $55 billion in sales.
Fifthly, human augmentation is ranked second. Human enhancement alters what it is to
be human. Bionic human limbs, embedded screening, interchangeable contact lenses,
enhanced skull feet, mechanical windpipes for the throat, and other advancements in the
human augmentation pipeline hold great promise for the future. The options are limitless.
During the forecast period of 2020 to 2026, the global human augmentation market is
expected to grow at a significant pace.
Lastly, artificial intelligence is at the top of the list. AI has proved to be one of the most
transformative technological advancements of our time. However, in today's world,
artificial intelligence seems to be more promising than ever. For instance, hospitals and
other healthcare facilities will use AI to forecast demand. Experts predict that global
investment on computational and artificial intelligence technologies will hit 57.6 billion
dollars in 2021, with the AR sector growing to a 190 billion dollar business by 2025.
Finally, with so significant technological advances, the future is brighter than ever, and it
is likely to reshape all aspects of life.
THE END