The title of this article is the message that I want to convey.
It is something that I feel vital for everyone to understand and try to grasp. We are in times that we never experienced before. Basically, what we know is likely going to be of little use going forward.
Simply put, many ideas are outdated. Whether we are looking at politics, economics, finance, or business, what held true in the past is no longer (or soon won't be). The disruption taking place right now in mind-boggling.
I know, this is something that is said over and over. After all, it is a true statement no matter what the time period during the last 40 years. Technology keeps advancing so, whenever the statement is made, it is faster than the past.
However, what we are dealing with now is completely different. For the past 20 years, I watched various aspects of the technology world. My interest started right after the turn of the century when I started to monitor what was taking place with hydrogen fuel cells. Certainly that was something of interest yet was way ahead of its time. Two decades later, we still are not utilizing that technology.
That said, there is a lot more taking place that is going to radically alter the future. For example, most are aware that quantum computers hold enormous potential. Just the processing power alone will make classical computing blush. This says nothing about security and the potential to create a quantum Internet.
Physicists have this all mapped out. The problem is going from theory to actually working products. Quantum computing is still in its early stages.
Anyone who knows a bit about the basics of quantum mechanics and entanglement knows how big a deal this really is.
In a substantial breakthrough for quantum computing, researchers at the University of Chicago just sent entangled qubit states through a communication cable linking one quantum network node to another, according to a recent study published in the journal Nature.
The initial results of this study bring us closer to making quantum computing a reality — laying the critical groundwork for future quantum communication networks.
Then we have GPT-3 along with Google's Pegasus. These are part of the NLP race that is taking place. Last year, GPT-3 shocked everyone when it came out with its general approach, utilizing 175 billion parameters. This dwarfed the previous version, GPT-2, which was 1.5 billion parameters.
Google, although using an ungeneralized approach was able to reach 1.6 trillion parameters. Since it is more limited in scope, it could drill down much further in the subject matter as opposed to what OpenAI's GPT-3 system does.
Quantum computing and machine learning (AI) are two areas that could take humanity to far out places. This is where the Science Fiction stuff begins to get real.
For example, the aforementioned Google, was able to use its machine learning to find a critical path for AI chips. This is critical to optimize architecture in chips.
Of course, all of this is tied to the idea of AI, which brings up autonomous vehicles. This is something that has captured the attention of many, even outside the technology arena. Where does the technology stand? Simply put, we will see it before the end of 2021. In other words, the technology will be available, although not street ready. The later will likely take a few years as regulators deal with a host of issues relating to this.
Another area we are starting to see some life is in the longevity movement. As artificial intelligence improves, we are seeing a direct correlation in that area. Synthetic biology is growing at an unforeseen pace. While we are likely still a decade away from therapies being available to the general public, trials are starting to come out hot and heavy. With AI leading the charge, the time to development is being reduced a great deal.
The other day, I wrote an article about how 3D printing is at the onset of affecting the construction industry. In fact, it is my hypothesis that the entire real estate sector is going to be completely disrupted over the next 10-15 years. There is no way prices remain elevated when the cost of a new home will likely be 90% less than it is today.
Of course, regular readers of my articles know my optimism related to the technology of cryptocurrency. This is something that is advancing at a tremendous rate. The infrastructure is being laid. What this means is we have a technology that is going to extend into most industries. While the focus is on banking and financial markets, the reality is that most everything is going to be affected by this.
The reason for this is because of the Metaverse. This is something that we are racing towards, although it will take us a while to get there. Nevertheless, when we talk about convergence of technologies, this epitomizes the Metaverse. It is going to be the merging of all the different technologies we see discussed on a regular basis.
With that in mind, we are going to see a radical transformation in humanity in the next 15 years. If just a portion of these technologies reaches their potential, we will see a complete altering o how we live, work, and play.
In the end, anyone who is 50 years old or below might want to take a look at what your life will be like in the next couple decades. You can start by figuring your lifespan will be much greater than the average of today. In fact, for those who are in this range, I would say that 100 is going to be in the cards.
How does that change your outlook on things?
Technology is racing ahead in so many different directions that when it comes together, it will be a massive explosion.
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