What are the biggest technological trends that will shape the future of business and society in the next 5 – 10 years?

The technological landscape is evolving at an unprecedented pace, reshaping industries and societies in profound ways. As we stand on the cusp of a new era, business leaders and decision-makers are asking: What are the biggest technological trends that will shape the future of business and society in the next 5-10 years? With global spending on digital transformation projected to reach $2.8 trillion by 2025, understanding these trends is crucial for staying competitive and innovative.

To shed light on this critical question, we’ve invited industry experts to share their insights. Our first contributor is Brad Templeton, a renowned technologist, entrepreneur, and futurist. As the founding faculty for Computing & Networks at Singularity University and former advisor to Google’s self-driving car team, Brad brings a wealth of experience in emerging technologies and their societal impact.

Let’s explore Brad’s perspective on the technological trends poised to revolutionize our world in the coming decade.

Brad Templeton

Brad Templeton, a renowned technologist, entrepreneur, and founding faculty for Computing & Networks at Singularity University, identifies two major technological trends that will shape the future of business and society in the next 5-10 years: mobility and robotics.

According to Templeton, the mobility industry is on the cusp of a revolution. “We are going to see, of course, self-driving cars,” he states, noting their increasing presence in major cities worldwide. Self-driving delivery robots are also making significant strides, with Starship Technologies, a company Templeton helped build, having completed 7 million paid autonomous deliveries. This shift in mobility will impact various aspects of business and urban life:

• Real estate values and city structures will change as the meaning of location evolves
• Parking lots may disappear, altering urban landscapes
• Vehicle ownership models may shift towards on-demand services

In the field of robotics, Templeton predicts a breakthrough era enabled by advanced machine learning. Key developments include:

• Robots working alongside humans in factories without safety risks
• Increased automation in various industries
• Potential breakthroughs in home robotics, though this remains a challenging area

Templeton acknowledges the risks in predicting robotic advancements, given past unfulfilled expectations. However, he boldly states, “We’re coming on the real decade of the robot right now.”

As we explore these technological trends, it’s crucial for business leaders and event planners to consider their potential impact on industries, workplaces, and society at large. Stay tuned for more expert insights on the technological trends shaping our future.