In the past few years, the leaps being made in our entire global economic system are quicker and larger than ever not many economists or tech experts can answer with confidence how they envision the economy 20 years from today. As new technologies are prevailing new horizons are being taped and new industries are being shaped that we never thought of recently being able to forecast these changes will be the most critical factor in your decision to pursue a certain career or invest in one industry or the another that’s why we thought we should imagine together which way the ship is sailing so here are growing industries of the future.
#1. Internet Of Things
In the past, the internet was the thing that most of us used only when we were on our computers some years ago it began making it to our mobile phones than our video game consoles, and today we’re heading in a path where we won’t need to say I’m on the internet any longer I did not see that coming almost everything we use both indoors and outdoors will be on the internet from our fridges and washing machines to our power supply and home security system. That’s why knowledge of internet data communication and software will be skills that are needed in pretty much every single industry out there manufacturing construction and the service industry will be on a constant search for new internet-based mechanisms to incorporate into their product in order to gain an edge in the market. The tech greeks will become the ones helping operate our entire environment. The internet of Things will actually include almost all things. Internet so helpful today and in future
#2. Artificial Intelligence
Google studies our behaviors Facebook learns our preferences, we ask Siri to find near places to eat and we let amazon guide us through the vast aisles of the digital market. Ever since the machines began acquiring knowledge of their own. They have taken huge leaps towards developing a real human consciousness today we’re on the verge of an era where we will move around in self-driving cars. Work alongside robots and read books or listen to music that was created by a machine. Some of us are actually doing some of these things already Alexa can you pour me a cup of water? The field of artificial intelligence in the coming decade will become one of the most vibrant arenas for endless experimentation. Alo has everything become connected thanks to the internet of things more and more data related are our behavior will be collected and the machines will have infinitely more material to learn from don’t forget that artificial intelligence is not the only field that is exclusive to computers scientists. We’re talking about creating brains like ours and potentially ones that will even be way more powerful now than ours they will live with talk to and affect us. That makes the field as much a field of interest for computer scientists as is for psychologists philosophers, politicians, and managers there will be people to create it others to observe it, and ones to decide how we will live with it.
#3. Cyber Security
We’re already talked about two industries that will make our entire existence more and more dependent on computer systems with that we will come more vulnerable to cyber attacks hackers are already able to access bank accounts steal classified states information feeze entire companies completely and get their hands on our personals pieces of information without proper cyber security system though they will soon have potential access to everything connected to the internet which will be almost everything around us from our houses to our cars to the medical equipment at the hospitals that’s why the cyber security industry is the only hope for any real security in the future and so it will grow all the more important as more things in our daily lives get connected this industry is our main safeguard against humanity’s dreams turning into real nightmares.
20 years ago exactly in 2003, the U.S. founded the human genome project which has begun in 1990 and was finally capable of sequencing and mapping the human genetic code this project cost 3 billion dollars. If things had stayed at that cost the industry wouldn’t carry much hope since not many people would have been willing to enter into something that expensive but today sequencing and genome can cost just around 1000 $. Today the field of genomics is at its highest level of vigor with players like Bill Gates and Google jumping on the bandwagon with billions of dollars in investments with the research being more facilitated genomics is expanded to completely transform our understanding of the human body’s components and our ability to cure and nurture it in future. Our safeguard against diabetes and even our hopes to quickly adapt our bodies to the sky-high rates of changes in our environments in the decades to come all lie in genomics. That’s an industry that is expected to become worth more than 20 billion in 2023.
Drones technology is now becoming more affordable in the future in the same way we just mentioned with genomics. In the past, There were times when drones were only novelty items that most of us associated with war and bomb dropping. Today drones are already becoming the center of everyday non-military tasks like photography, and journalism, and Amazon’s use of them for delivery. The future is all for drones though and they will become used in everything from agriculture to delivering emergency aid for victims of a heart attack. As they keep on gaining some intelligence of their own as they already are it won’t be long before law enforcement agencies start using them for patrol and let these flying hawks identify the bad guys. There’s no limit to the potential drone applications.
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