Future Technology Trend Forecasts

Future of Technology

In recent years, world technology is undergoing profound changes unseen in a century, the international situation has undergone profound changes, and world multi-polarization and economic globalization have continued to develop despite twists and turns.

With the ups and downs of the new crown epidemic, people are looking forward more than ever to relying on science and technology to overcome the epidemic and rely on technological innovation to promote economic recovery. With 5G entering the commercial era and the rapid development of artificial intelligence, people's lifestyles and production methods have become inseparable from science and technology, but the future world of science and technology is facing a new situation where multiple technologies, multiple trends, and multiple pressures appear together.

So how exactly will technology affect our world in the next five years? This issue of Overseas Observation is compiled from an article by Scott Belsky and will share the top ten technology predictions for the next five years, as well as the profound impact these technologies will have on the world.

"In what physical form will our work and life change in the next 5 years?" I think about this question whenever I observe trends in technology and culture. I've always motivated myself to share cutting-edge, ground-breaking insights rather than things and winners that are trending. So, in the following, I'll illustrate with examples of companies from my portfolio, or from some of the products I've built for the creative world.

"Recommended" kills "Favorites"

We’ve all heard concerns about things like “AI will replace human jobs,” but I think the first thing that will be replaced on a large scale by AI in everyday life is the “favorites” feature. When people look back, they realize that collecting, compiling, and reusing their own "likes" lists was a rather lazy and self-satisfying way of living that led people to stumble upon and develop "likes", instead of rushing to expand their tastes through the "recommendation" feature.

I've recently realized that I've had some surprising shifts, and instead of compulsively saving my newfound and favorite playlists on Spotify, I've started surrendering to the algorithm. In my music world, "personal recommendations" have started to replace "favorites" because of the "guess you like" feature of radio stations, which leads me to believe that any song I like will lead to an approximate playlist, so these playlists The list always gets dynamically more to my liking.

Where else would this happen in our daily lives? For example, can your favorite travel experiences be able to give you suggestions beyond Google searches or travel agents through "personal recommendations"?

Or fonts you've used before as a designer or any fonts on your canvas that might give you font recommendations for other specific projects? I think that everything you've loved in your life "limits" you to some extent, whether it's your favorite song, your favorite restaurant, or your favorite hotel... These serendipitous discoveries become Our favorites and also consume our attention, so we don't have the opportunity to try those new and better experiences.

Life is short, and the more we limit ourselves to our “favorite” things, the less likely we are to discover a better experience, but AI is breaking that.

Future of Technology

The next generation of top talent will have a "polygamous career"

Our brains, interests, and potential are never single-threaded, nor are we limited to a single interest or skill. However, since the Industrial Revolution, the rules of the traditional labor market have driven us to do one job, for years at a time. From college recruiting and health care systems to LinkedIn bios and annual tax returns, the entire system is for "monogamy" careers, and the system is not optimized and iterative for today's highly digital new generation.

I've tried doing the same 9-to-5 job for decades. After a tortuous career that went back to being a founder, author, venture capitalist, active angel investor, and head of product at a major company, I came to believe in two things.

First, I am very happy when my interests and skills are put to good use in my professional and personal life.

Second, in today's highly networked world, people are widely exposed to content that inspires different interests, making it difficult for us to be defined by a single concept.

I firmly believe that professional fulfillment will increasingly make people feel valued to be fully utilized. The vast majority of the next generation of talent entering the workforce will choose what I call a "polygamous career." The desire to generate income and fulfillment from multiple projects can increase employee retention, increase productivity, and help many projects and companies hire top talent that would otherwise be out of reach.

Whether you are a designer, engineer, salesperson, or investor, your career will develop into a portfolio project. But at the same time, these changes also brought many problems.

What tools can help us set and measure objective key results and performance in a distributed world? How do develop a dynamic workforce while protecting the company's trade secrets and cyber security? Several transformative products and technologies will support the rise of "polygamous occupations."

For example, the personalized version of LinkedIn Polywork can write personal data according to more granular projects and achievement levels (non-work level), such as "code push", "update iOS application" and "speaking at the conference" are all "get job" new way. These milestones are even more important in a polygamous career.

Another company that excites me is Braintrust, a decentralized marketplace for tech talent, through which any company can hire a group of freelancers, cutting out the middleman in hiring decisions. My hope for the future is that more and more people can enjoy the benefits of "deep work" and "freedom away from work" so that the world is driven by more aligned people and things.

The rise of immersive experience will become the mainstream of 3D creation

The emergence of the "metaverse" means that people will play games, connect with family and friends and even collaborate with colleagues in a fully immersive virtual space in real-time. In the Metaverse, you will have the largest movie screen you have ever seen, and many things defy the laws of physics to support your dreams.

While the jury is still out on which "metaverse" devices will become mainstream in scenarios such as schools, companies, and homes, immersive virtual experiences are coming, and we'll all be as involved as we were when we first started using our phones.

However, one thing I can be sure of: a virtual experience will be very boring without rich, engaging, three-dimensional, interactive, personalized content in it. Engaging content unlocks the potential of new media, and immersive content is no exception.

The only problem is that 3D content is notoriously difficult to produce, and in the past, building 3D objects just for the experience required complex modeling procedures and a lot of math, while rendering with a whole suite of other products.

Future of Technology

The “stakeholder economy” will reinvigorate emerging brands and local businesses

Brands have become decentralized and increasingly defined by the ideas, content, and everyday communications of the masses. The next generation of community-oriented projects and businesses are moving towards decentralization - new blockchain-driven organizational structures that will transform owners and customers into a community of stakeholders.

I've been thinking about how this decentralized convergence can benefit emerging brands and local businesses that have the potential to be the most disruptive force in the global marketplace against the internet giants that rule the world.

Brands are now co-determined by mass-generated content rather than by creative agencies and ad placements. Today, for all but the most iconic brands in the world, brands are only as good and fresh as they are by the content and conversations people generate. What your friends say, or even strangers expressing their satisfaction or disappointment, seem to have more impact than Super Bowl commercials. This is because we are still eager to build consumer trust based on brand reputation, so real-time sharing by individuals on social media is very powerful. The second disruptive force in the construction of decentralized organizations that turn a business’ customers (and employees) into owners.

What many refer to as “web 3” is just a blockchain-powered model for managing, governing, earning, and trading ownership stakes in next-generation platforms and businesses.

I can't help but imagine that in the future, both online and offline, the same technology will be applied to those long-tail businesses that are driven by or depend on the community. Imagine if your favorite online publication, e-commerce brand, and small business in your town could distribute ownership to each stakeholder without hindrance (meaning no IPO or massive infrastructure to manage). Will the advantages of collective ownership in small companies become a threat to larger companies?

If every stakeholder in these businesses is incentivized to help build, improve, market, and patronize these brands, will that be a competitive advantage against larger corporations? Will the "many-to-many" business model surpass the "one-to-many" business model?

In the future, maybe we'll all have a small subset of the businesses we frequent, like our favorite local restaurants, ice cream parlors, and cafes, to name a few. Every subscriber to your newsletter will be both a reader and a stakeholder, so how does this affect viral marketing? When you like a brand or service, you can buy tokens or earn tokens by contributing labor in the form of well-defined and measurable tasks, and you can even use these tokens to buy ice cream in the store.