Technology is constantly evolving, and that can make it hard to keep up with. Since technology seems to change so quickly, investing in tech ideas can be intimidating and risky. Promising companies may come in and make a big splash, only to disappear before you know it. With this in mind, it’s a good idea to have a basic understanding of what types of technology will be more sustainable and what is more likely to continue to be in demand by companies across the world. Keep reading for more information on the technology you may want to invest in over the coming months.
Artificial Intelligence
When discussing technology, artificial intelligence is one of the first subjects to come up. Artificial intelligence is a form of tech that allowed computers to perform tasks that typically require a human brain and depend on the ability to think and learn. Other forms of AI that are pooled into this are deep learning and machine learning. Deep learning is when scientists build computer models that are inspired by the structure and function of the human brain, which can reproduce our ability to learn. Machine learning, on the other hand, refers to a type of AI where computers can learn without being programmed to do so. Examples of artificial intelligence you may already be aware of include IBM’s Watson, as well as Amazon’s Alexa.
Blockchain
Blockchain has been all the rage lately, acting as the technology behind many virtual currencies such as Bitcoin. Blockchain is the digital, distributed, and decentralized ledger tethered to most cryptocurrencies. It’s responsible for recording all transactions without the need for a financial intermediary, such as a bank. Blockchain has been adopted by many large companies such as IBM and Cisco Systems, allowing them to reduce inefficiencies, without compromising security and data integrity.
Self-Driving Tech
You’ve likely heard about self-driving cars in the news. Many companies, such as Tesla, are currently working on the technology that can allow cars to drive themselves. While this may not be legal in many places, drive-assist technology has already come to market in many locations. We see it today with options such as adaptive cruise control and lane assist packages on luxury automobiles. It’s probably a good bet that we’ll at least begin seeing self-driving taxis and trucks in the near future.
Streaming Media
Streaming media has become the new normal in the entertainment field. 10 years ago Netflix would send a DVD, now they have hundreds of thousands of hours of content available at the click of a button. In order to give you all of that content with such ease, they must create and maintain the platform that you stream their shows from. Other companies, such as Roku, also fall into this category. Streaming media will only grow as more people get rid of their cable plans, making it a great technology to keep on your radar.
Chip/Component Makers
You might not think about this when thinking about the technology you should invest in, but it might be wise to look into the companies that make the parts that go into the devices we use every day as well. Companies like Intel, Micron and AMD make the chips and processors that our computers use, which are integral to most of our everyday technology. Companies that make memory, screens and other parts for devices all fall into this category, and they should be relevant for quite a while as more and more emerging technology requires their parts.