The top 10 tech trends for 2020 in India
OurCrowd is the largest global venture investing platform in Israel. Abigail Klein Leichman from Israel21c.org was able to attend the event and learn about the latest technology trends and the impact India has made and is further making. According to Klein, here are trends to expect in the coming years in India and worldwide.
- Lab steaks get tasty. “Global demand for meat and seafood is at an all-time high. Negative environmental impact, overfishing and animal suffering has increased as meat production has grown five-fold in the last six years.”
- Our brains get wired. “The human brain has been evolving for millions of years. Machines have been around for only about 200 years. The new field of brain-computer (or brain-machine) interface explores how the brain can communicate with an external device. Elon Musk’s Neuralink, for example, is developing implantable brain–machine interfaces.”
- The race to autonomous vehicles becomes a marathon. “Just two years ago, most analysts predicted widescale deployment of autonomous vehicles by the middle of the decade. Since then, the technical challenges involved have moved out the timeline considerably. Passenger and pedestrian safety is among the biggest hurdles to overcome.”
- AI beats Moore’s Law. “Moore’s “law” is a prediction from 1965 that processor speeds would double every two years. This prediction was accurate for several decades and guided the semiconductor industry, said OurCrowd Partner Stav Erez. However, artificial intelligence has accelerated faster than the development of traditional processors since 2012, doubling every three and a half months.”
- If you are not scared of the dark, you should be. “The Dark Web is the part of the Internet that cannot be indexed by search engines such as Google. This hidden world is a hotspot for illegal activity including drugs, human trafficking and fake IDs. It has also become the preferred location for hackers to orchestrate and plant cyberattacks.”
- Productivity leaps ahead to discovery. “Everything that can be automated will be automated,” said Erez. “The early adopters of this trend will be software developers. They are already starting to use low-code or no-code tools. The no-code market is expected to reach $52 billion by 2024.”
- Looking good means feeling good. “Recent advances in computer vision and AI have created a growing wave of health-tech companies aiming to improve our lives and protect us against illness.”
- Robots will play nicely together. “Robots in the Fourth Industrial Revolution will have to work with one another and with people as a team. Collaborative robotics is therefore the new realm in the emerging robotics market.”
- Materials become material. “Innovation is being applied to both new and old materials. The Super Bowl used easy-to-recycle aluminum instead of plastic for drinks. Boeing introduced a new plane with 3D-printed turbine blades. Nissan developed a new acoustic metal material to make vehicles quieter.”
- Race toward quantum supremacy. “At the beginning of 2019, IBM announced IBM Q, its first-ever circuit-based commercial quantum computer. Two weeks ago, Google and IBM stated that in less than five years, quantum computers would be able to break the encryption we use today. Google estimates that there are only 800 people around the world with the knowhow to build quantum systems.”