Artificial intelligence, Metaverse, robots and IoT are all things that we have been hearing and reading about in the last 2 years and it is no secret that these technologies are all part of our lives and sometimes we do not even feel their presence anymore…
But are these still going to prevail in 2023 as well? Well… this thing with predicting is like the late management guru Peter Drucker once said: “Trying to predict the future is like trying to drive down a country road at night with no lights, while looking out the back window.”
Still, there are some experts that put their heads together trying to anticipate what is going to happen in 2023 and this is what they had to say:
Although Meta, the company formerly known as Facebook, has lost billions of dollars on its metaverse efforts, seems like spending time in virtual online worlds and even buying land or other stuff virtually is increasingly becoming part of the daily lives and in particular of the GenZ generation known as Zoomers. And things are set to grow in 2023.
“Retail and entertainment companies will launch increasing pilots on how to build customer engagement and loyalty in the various metaverses, especially game platforms like Roblox,” says Dr. Ayesha Khanna who is the Co-Founder and CEO of Addo, a global artificial intelligence (AI) solutions firm headquartered in Singapore and San Francisco. “Metaverse natives who have grown up gaming and socializing in alternate digital realities will drive companies to host concerts, fashion weeks, customer journeys and edutainment activities in 2023.”
If you would like to dive deeper into the understanding of Metaverse, we recommend this interesting report which breaks down how the metaverse is restructuring eight industries, with original data collected by Wunderman Thompson Data, including brand case studies, actionable takeaways and category-specific insights helping brands navigate the future of the metaverse.
According to the research fielded in March 2022, among respondents in the US, UK and China, 74% of people who know what the metaverse is believe it’s the future and 66% believe it is going to be life-changing.
2. Artificial Intelligence
Artificial intelligence (AI) has become part of our daily lives even if we do not feel it, and can be found in everything from e-commerce to social media algorithms. Ayesha Khanna predicts an explosion of AI-generated images and music in 2023. She adds that while it will not replace humans, “AI will become the new team member for humans in many jobs, contributing ideas and drafts.The purpose of AI is to amplify human potential.” she says.
But AI is not only about positive stuff…it can also mean danger if not properly regulated and understood. In this respect, Mrs. Khanna warns that more work will be needed to ensure that generative AI co-pilots – such as GitHub’s Copilot, a tool designed to help developers code – are accurate and unbiased, especially in industries like healthcare, where there could be serious consequences to an AI assistant recommending the wrong treatment to a doctor.
3. IoT (Internet of things)
In a nutshell, the Internet of Things (IoT) is the network of connected sensors and infrastructure that can collect data on everything from household heating to traffic jams on city streets.
For sure the IoT will most likely continue to transform the energy sector in 2023 considering the continuous prices rising in everything related to energy, be it green or not. „Smart thermostats to track energy consumption and regulate temperatures help in reducing energy consumption and costs. So, more and more devices that use smart sensors and data-driven intelligence to inform energy choices and drive energy efficiency will be seen on the market” said Cynthia Selin, an associate professor at the School for the Future of Innovation in Society and the School of Sustainability at Arizona State University.
Bernard Marr (a futurist and author of books including “Future Skills” and “Business Trends in Practice”) predicts 2023 will see a rise in IoT products and services related to health and well-being, “with devices such as smartwatches offering sophisticated sensors for monitoring various health indicators.” He also feels that the focus will be on “enabling more complex machine-to-machine interactions by developing global standards and protocols that devices can use to communicate with each other, as well as improving IoT security to prevent attacks.”
4. Sustainable Tech
“The entire field of sustainability, underpinned by technologies, will play a monumental role in 2023,” says Abishur Prakash, co-founder and geopolitical futurist at the Center for Innovating the Future (CIF), in Toronto, and author of “The World is Vertical: How Technology is Remaking Globalization.”
“Clean energy projects, like those taking electricity generated by solar power from Africa to Europe, will advance in 2023, adding a new dimension to the global energy war.”
Cynthia Selin, believes that in 2023, as we continue to build more capacity for renewables, short-term and long-term energy storage such as batteries and hydrogen will be key. “Continued investment and favorable policy conditions … mean that clean hydrogen (including hydrogen made using renewable energy) could see sustained growth, the development of necessary infrastructure, and better cost competitiveness”.
She also believes carbon capture and storage – removing carbon dioxide from the atmosphere and storing it – will grow in importance. “Direct air capture may continue to gain attention alongside natural removal mechanisms like reforestation. New demonstration projects are sprouting up worldwide in tandem with supportive policies, building capacity to reduce greenhouse gas emissions.”
So, what do you think? Are we already living in a robot future?