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The fast evolving digital technology world

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By Usman Oladimeji

Advancements in technology have many positive impacts on our society.

Technology is evolving faster than ever in history and the 21st century has witnessed tremendous technological evolutions, as new advent of modern technologies are released across the world resulting from accelerating change. The rate and effectiveness with which new technologies may be developed and implemented increases with each technological advancement. As technology improves, it aids humanity in many ways and also helps to create more sophisticated iterations of technology. Nearly every day, there are new reports about some new technological development in one of the numerous subfields of Tech.

Some may wonder how and why technology is advancing at such a rapid pace; this is due to the widespread use of digital technologies in today’s society and the allure of its numerous advantages. After the debut of computer systems, a major widespread adoption spiraled with the emergence of smartphones embedded with Operating System (OS) and used for internet browsing. Most people’s everyday lives—and livelihoods— depend on utilizing these devices. Technologies such as big data, the Internet of Things, machine learning, artificial intelligence, robotics, Cloud computing, biotechnology, nanotechnology, renewable energy technologies, satellite and drone technologies, and so on all contribute to the rapid pace of technological progress.

AI capabilities are expected to increase exponentially.

Lately, both OpenAI and Microsoft’s ChatGPT4 have been in the spotlight as Bing’s next AI Search Engine. Artificial intelligences that can self-code, synthetic biology, and nanobots that can replicate itself are all available here and today. As AI evolves towards self-learning, its capabilities are expected to increase exponentially. Open AI, Google, and Microsoft are at the vanguard of the AI revolution, and with self-coding and machine learning becoming commonplace in AI, the future holds seemingly unlimited potential.

Another notable technological advancement is the emergence of 5G networks to bolster the usage of latest smartphones equipped with incredibly fast processors, contribute to the devices’ continued “smartening” and improvement and at the same time improve user experience. We also have Apple’s recently released Vision Pro, an Augmented Reality (AR) headset that combines digital and physical content and is thus called a “Spatial Computer.” Meta, which is also in the VR hardware business, has followed suit by unveiling its next-generation mixed-reality headset, the Quest 3.

Rapid technological progress is touching practically every area.

Advances in robotics development is another conspicuous trend in the technology realm. Gone are the days robots were designed for a limited purpose; today, they can be found in homes, manufacturing companies, military, and in a variety of other contexts. These days, you can find a robot doing just about anything: cooking, cleaning, helping people, etc.  This rapid technological progress is touching practically every area of the economy, society, and culture, despite the fact that major gaps continue in adoption in different regions of the world, notably in the least developed countries.

However, its worth maintaining understanding that while advancements in technology undoubtedly have many positive effects on our society, it could also raise some serious challenges. They may offer new opportunities for innovation and growth but can also displace existing businesses or industries. There is typically a great deal of uncertainty about the future potential and effect of emerging technologies because they are still in the early stages of development. Predicting their future course, rate of adoption, ultimate impact or whether their potential would be utilized adversely can be challenging.

Almost everything we do today has an atom of technology.

While we are still at the early stages of development for the emerging technologies, we should also be aware that there is more to come for technology advancement and anticipate what the future holds. Researchers are contributing highly to this technology field advancement recognizing its value and contribution to humanity. Almost everything we do today has an atom of technology and has transformed our lives for the better in many ways. But these developments are not always positive and it’s rapid change should be paired with careful consideration of the effects on humanity as we now heavily rely on it.


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