Technology has transformed our society and daily lives. More people are online than ever. If you just look at the statistics of broadband access, half of the Americans have access at home and half of the global population has internet access.
Remember the time when technology started becoming a lot portable and personal? And when iPhone was introduced, it ushered a new era of personal technology. Now, technology has touched major sections including healthcare, media, climate, and more.
Want to learn how the internet has progressed and transformed technology over the years? Here’s a brief overview of what’s emerged out of this revolution:
1: The Boom of Green Tech
The Internet has made so many things happen. If you are impressed by the online Spectrum bill pay feature, wait till you hear about the progress made in green tech!
Scientists of today are expecting to use technology to create a carbon-neutral world. The efforts to search for a solution to address climatic challenges through technology are not new. Over the past decades, many tech startups have come forward to address climate change. Carbon Engineering and Climeworks are the pioneers that have started rolling out carbon capture technology. This technology is meant to remove carbon dioxide from the air and allow scientists to alleviate damages from fossil fuels. A company called Aleph Farm is planning to create innovative meat and some greener dairy alternatives. Talk about progress!
2: Advancement in BioTech and HealthCare
The boom of biotech started in the mid-1990s. Many companies concentrated their efforts on expanding biotechnologies through improved technological research. A company named Actelion Pharmaceuticals was one of the pioneers in the industry.
The scientists at Actelion studied a single layer of cells that separates every blood vessel from the bloodstream. At that time, their focus was treatment research. Today, companies including Actelion have shifted their attention and are more focused on healthcare delivery.
In recent years, telehealth has become more popular, with several emerging tech companies extending virtual healthcare solutions. New technologies such as virtual visits, chatbots are being used to deliver healthcare to individuals all of which have escalated during Covid-19. More progress is yet to come.
3: Massive Media Consumption
The way we consume media has changed drastically. At the start of 2000, many firms were struggling to expand communication for work. They started building media options beyond the traditional outlets. Now that social media is ruling, new communities, media options, and media alternatives are widely available. It all started with Myspace, then Facebook, Instagram Twitter, Snapchat, and TikTok, changing everything.
These new channels of communication have given average consumers a voice but we can’t deny the existence of issues such as polarization and disinformation. This problem is being resolved as well. Many tech start-ups are now focusing on protecting their online media spaces while also limiting the potential for misinformation. A good example of that is TruePic, which focuses on photo recognition. It lets you take photos and videos and the origin, metadata, and pixels of this content are verifiable.
4: The Era of the Internet of Things
Not only has Wi-Fi enabled us to check emails, but it has also enabled a slew of consumer products to connect and share data without the need for human interaction, resulting in the internet of things. Although the word was coined in 1999, the concept did not catch on with customers until the last decade.
There are now tens of billions of internet-connected devices all around the world that allow us to do things like turn on lights, verify who’s at our front door, and get a notification when we’re out of eggs of milk. Its industrial applications are widely known to everyone but now it’s invading health care and municipal service management too.
This year, spending on IoT technology is estimated to reach $248 billion, more than double what it was three years ago. The market is estimated to reach $1.5 trillion in the coming five years.
5: Availability of DNA Testing Kits
No need to visit the lab when you have DNA testing kits. All you have to do is get a sample of your saliva or a cheek swab and you are done. These kits are popular and highly affordable. Apart from that, a technology known as genetic genealogy has helped crack rape, assault cases, and even murder.
investigators have been using this approach to identify potential suspects, who are then tested for DNA matches to the crime scene. Because the approach relies on investigators having access to a massive database of DNA profiles, this has stirred the concerns of privacy advocates.
Although so much has progressed, the rules of competition remain the same. You can only succeed if you keep up with what’s going on and you’re ready to adapt. This is applicable to both consumers and business owners.