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The Technologies of the Future and How They Affect the Workplace

Technology is changing the world at a rapid rate. We are always connected, be it through our smartphones or robotics. Communication is no longer conducted face-toface or even through handwriting, but rather through text, voice assistants, and video calls.

The advancement in technology has improved the quality of our lives from generation to generation. It’s not without risk, particularly when it comes to the market for jobs. Some people fear that new technology will take over jobs that are performed by humans. This might happen in some cases. However, we know from the past that the loss of certain jobs is offset by creation of better jobs.

We are already experiencing this happening in the workplace due to advances in artificial intelligence and natural language processing and robotics. We are also seeing the impact of drones and 5G networks.

These technologies will transform the business process by bringing in higher levels of automation connectivity, security and connectivity. Blockchains for instance are reshaping supply chains by making them more secure and delivering permanent transactions histories. 5G will allow companies to process data closer to the source (ultra-low latency) and also attain data sovereignty, and improve data privacy by reducing transmission costs.

Additionally, augmented reality and virtual reality are reshaping how we interact with digital information and devices, and creating immersive experiences that feel and look like real life. We’re also seeing significant advancements in areas such as gene editing, which could reduce the incidence of genetic diseases ranging from hereditary diseases, such as muscular dystrophy to cystic fibrosis and could even increase our lives.