The Technologies of the Future and How They Affect the Workplace

The advancement of technology is changing the world at a rapid pace. From smartphones to robots, we are always connected and in contact at all times. Communication is no longer face-to-face or written in handwriting, but instant and immediate via a multitude of channels that include voice assistants, text messages, and video calls.

New technology has transformed our lives in amazing ways, enhancing the quality of life from generation to generation. There are risks, particularly when it comes to the job market. Many people are worried that new technologies will replace human jobs and this may occur to a certain extent. But we upcoming technologies know from history that the loss of certain jobs is offset by creation of new, better jobs.

We are already seeing this in the workplace thanks to advancements in artificial intelligence, natural language processing, and robotics. We are also experiencing the impact of drones as well as 5G networks, blockchains and quantum computing.

These technologies will revolutionize business processes with heightened levels of automation, connectivity, and security. Blockchains, for instance are reshaping supply chains by making them more secure, and offering irrefutable transaction histories. And 5G will enable businesses to process data closer where it came from (ultra low latency), gain data sovereignty, and increase security by reducing the transmission of data costs.

Virtual reality and augmented realities are changing the way we interact with devices and information. They provide immersive experiences that look and feel like real life. We are also witnessing significant advancements in areas such as gene editing, which may reduce the prevalence genetic disorders like muscular dystrophy and cystic fibrosis.