An amateur’s analysis of future technological trends and market changes…
But before I talk about that underlying reason, here’s a primer on what Capsule is.
Capsule is a smart camera that automatically saves your moments to shared albums.
How Does It Work?
It’s simple actually. Imagine your camera connected to your albums. Take selfies with friends and they’ll automatically save to shared albums. Friends can then instantly view or edit them afterward.
This makes it much easier to share. Actually, you don’t have to share at all! Think about that.
Instead of having to send the hundreds of photos you and your squad took during Girl’s Night Out, a Bar Mitzvah, or your Kid’s 1st Birthday, all you have to do is create a Capsule and capture those moments.
The story we tell pertaining to why we built this app is this:
Boy meets girl. Girl moves to a different country across the planet. Three months later, they meet again. Every time they hang out they take photos together. When they part, they send those photos to each other. This got annoying. This gets annoying for anyone who sends multiple photos to their friends after an event.
It’s a classic love story. And sure, this narrative may facilitate the process for people to better understand the application’s value, but it doesn’t mean it’s the real reason why we do the things we do here at Capsule Software.
The Future Is the Why
For us, the future is the “why.” There’s a theory called The Kondratieff Wave Theory that predicts the economic growth (and fall) predicated on technological advancements.
Kondratiev wave - Wikipedia
Understanding the cause and effect of Kondratiev waves is a useful academic discussion and tool. Kondratiev Waves…
We see that the following technological revolutions flipped the world on its axis and drove growth in economies — some at greater intensities than others:
- The Industrial Revolution — 1771
- The Age of Steam and Railways — 1829
- The Age of Steel and Heavy Engineering — 1875
- The Age of Oil, Electricity, the Automobile and Mass Production — 1908
- The Age of Information and Telecommunications — 1971
Apparently, the next wave of technological revolutions we’ll experience (if we’re fortunate to be alive for it — given the consequences of Climate Change are irreversible by 2040 by a 2.7" Fahrenheit) is psychosocial health and biotechnology. If we observe the current technological trends today (Blockchain, Computer Vision, Voice, A.I., and more), it all makes sense. Use blockchain to foster security on aspects such as patient’s medical records, voice to command interfaces in treatment, and (computer) vision to detect symptoms of illnesses.
Voice and Vision — Catalysts of an Inevitable Paradigm Shift
The future is going to be largely affected by voice or vision and we want to contribute our share to these advancements in the latter. As every new iteration of computers gets more powerful, GPUs get better, and the quality of our cameras increase, processing complex CNN algorithms (on both the CPU and GPU) can result in some insane experiences.
For instance, did you know you can measure your heart rate using light and a camera through a technique called Photoplethysmogram? It measures the blood volume (BV) pulsations in your finger throughout the cardiac cycle and can thereby get your heart rate. Another technique used by researchers at MIT is Video Magnification, used to measure the “human pulse.”
Eulerian Video Magnification code Matlab code and executables implementing Eulerian video processing for amplifying…
Applications of computer vision are not new. They’ve been here for quite a while but what makes the era today different than the past is the quality of images, trillions of datasets, and greater computational power. Today, we see how computer vision is used in autonomous vehicles, deep fakes, and more.
A New Era
Out of these, we think the most profound areas we’ll see its impact in is health care. Of course, with any new technology, consequences can simultaneously be both positive and negative, but the paramount idea is to be hyper-aware of the times that are changin’.
If you got up to here, thanks for reading! Make sure to give us a few 👏s if you liked it!