The year 2023 will be a pivotal one for the technology industry. As we recover from the global pandemic and face new geopolitical and economic challenges, we will also witness the rapid development and adoption of transformative technologies that will change the way we work, play and live. Here are the top 5 tech trends that everyone must be ready for in 2023.
1. AI Everywhere
In 2023, artificial intelligence will become real in organizations. No-code AI, with its easy drag-and-drop interfaces, will enable any business to leverage its power to create more intelligent products and services. We’re already seeing this trend in the retail market. Stitch Fix uses AI-enabled algorithms to recommend clothes to its customers that match their sizes and tastes. Contactless, autonomous shopping and delivery will also be a huge trend for 2023. AI will make it easier for consumers to pay for and receive goods and services. AI will also augment nearly every job in every business process across industries. More retailers will use AI to manage and automate the complex inventory management processes that happen behind the scenes, so convenience trends like buy-online-pickup-at-curbside (BOPAC), buy-online-pickup-in-store (BOPIS), and buy-online-return-in-store (BORIS), will become standard. AI will also be the engine behind the newest autonomous delivery initiatives that retailers are piloting and rolling out, and more and more retail workers will need to get used to working alongside machines to do their jobs.
2. Parts of the Metaverse Will Become Real
I don’t particularly care for the term “metaverse,” but it’s become shorthand for a more immersive internet where we’ll be able to work, play, and socialize on a persistent platform. Experts predict that the metaverse will add $5 trillion to the global economy by 2030, and 2023 will be the year that defines the direction of the metaverse for the next decade. Augmented reality (AR) and virtual reality (VR) technology will continue to advance, making it possible for us to experience digital worlds in more realistic and engaging ways. We’ll see more applications of AR/VR in entertainment, education, healthcare, tourism, gaming, and social media. Facebook’s rebranding as Meta is a clear sign of its ambition to dominate the metaverse space, but it will face competition from other players such as Microsoft, Epic Games, Roblox, and Niantic. The metaverse will also raise new ethical, legal, and social issues that we’ll have to grapple with as we navigate this new frontier.
3. Progress in Quantum Computing
Quantum computing is one of the most exciting and promising fields of technology today. It has the potential to solve problems that are beyond the reach of classical computers, such as optimizing complex systems, simulating quantum phenomena, breaking encryption codes, and discovering new drugs. In 2023, we’ll see more progress in quantum computing as more companies invest in developing and deploying quantum hardware and software. IBM, Google, Microsoft, Amazon, Intel, Alibaba, and others are…read more
