Deep Tech That Will Be Important in 2023
In the coming years, technology will continue to accelerate at a breakneck pace. As data-driven technologies become more prevalent and integrated into various aspects of our lives, it is important for us to stay up to date on the latest advancements.
In particular, deep tech topics are emerging as major areas of research and development that are likely to be shaped by current trends and have significant implications in 2023.
One of the most prominent deep tech topics that have already gained considerable traction is artificial intelligence (AI). Although AI has been around for some time, in 2022, we experienced a new “AI-shock” moment when ChatGPT took the world by storm. AI can now automate mundane tasks, offer insights based on complex datasets, and even make decisions. A wide range of applications exists within businesses, such as fraud detection, customer service automation and natural language processing while personal voice assistants are becoming increasingly popular with people both in homes and workplaces. As new AI models emerge in the near future, they will enable organizations to make better decisions faster while reducing costs associated with manual labor.
The second deep tech topic that could gain prominence in the year ahead is blockchain technology. Building upon conventional database systems, blockchain offers transparency, immutability and security which makes it ideal for use cases such as digital identity management and tracking assets across supply chain networks. I have spoken many times about what a blockchain actually does: create a shared audit trail. Although regulatory issues around cryptocurrencies remain unresolved for now, governments worldwide are exploring ways to leverage blockchain’s capabilities in their own initiatives, such as secure voting systems or digital currency platforms. In our latest project with a big European Central bank, we explored exactly that. It is likely that more widespread adoption of this technology will take place in the near future, which could open up access to new opportunities in both public and private sectors.
The Internet of Things (IoT) is another area where we may see a lot of progress over the next few years. By connecting physical objects with each other through networks or sensors embedded into them, IoT enables devices such as ovens or lightbulbs to communicate with each other creating a “smart home” environment that responds faster than manual operation ever could before. Furthermore, IoT data generated from these devices can be used by businesses for predictive analytics, making their operations more efficient overall. As connectivity becomes ubiquitous across households and cities alike over a time period spanning until 2023, we may also start seeing automated driving cars become commonplace over this timespan, as well as energy grids being connected via smart meters for better electricity management across vast areas like whole countries. With IoT enabling cyber-physical assets, we are entering a stage where physical and digital even blend more, enabling a completely new class of use cases.
Finally augmented reality (AR) will surely become an important area within deep tech by 2023 thanks to advancements in hardware enabling users to view virtual objects overlaid onto their physical world surfaces, making everyday chores simpler than ever before. With multiple startups working on innovative products coupled with large companies heavily investing in this field, we should expect widespread adoption of AR apps available through handheld devices like smartphones giving people unprecedented access to remote work environments without the hassle or manual handling of paperwork involved when commuting physically between locations thus stimulating further growth into this sector during two years span leading up till the year 2024. We can imagine using AR interfaces worldwide, taking advantage of feedback garnered from traditional user groups at scale, making it easier than ever before to interact productively with computers giving rise rapidly evolving industrial applications utilizing this powerful, cutting-edge field what follows afterward remains yet unknown.
In conclusion, deep tech topics such as artificial intelligence, blockchain technology, Internet of Things and augmented reality are all likely to become increasingly important in 2023. These technologies offer solutions for extending the efficiency and reach of businesses by automating mundane tasks and increasing connectivity between digital devices. Moreover, these technologies can provide new avenues for efficient data-driven decision-making, offering insights into customer needs and allowing for a more secure digital future. As such, it is important to stay informed about the latest developments in these areas so that organizations can take advantage of their potential benefits.
