Innovations impact the way we live. Life was very different a decade ago without the technology. Now it has changed our daily interactions and revolutionized the way we live.
From aerospace to telecommunications and processing industries, these inventions continue to make life easier. www.berthold.com has particularly made significant innovations in the processing industry. Consequently, the cost of production is lowered while producing high-quality goods.
Other inventions include:
Artificial Intelligence and Robotics
Robots are being used to assemble parts and products in a cheaper and faster way than humans can do. The artificial intelligence technology in virtual assistants has made things more accessible. For instance, when connected to smart devices in your home, you can control almost everything with your voice.
Other applications of AI include self-driving cars and detecting unusual money activities in the banking sector.
Electronic Money Transfer
Purchasing something from anywhere in the world without the physical exchange of money seemed like a dream several years ago. Today you can shop online, pay your bills and send money electronically without sending mail and in seconds.
Wired money transfers, mobile banking, debit cards, and ATMs all allow transferring and receiving money electronically.
Smartphones
Contemplating the idea of having a hand-held device in your pocket that is even more powerful than your computer was a bit hard a few years ago. Now, these devices have almost everything incorporated in them.
You can access the internet, a calculator, torch and you can even track the stock market with your smartphone. Many marketplaces happen on the phone, and more industries like banking have been revolutionized. You can play an online casino on your phone and even edit photos and videos.
Ride-Sharing
Soliciting a ride from a stranger on your mobile phone was next to impossible a few years back. Today, ride-sharing services like Uber and Lyft have changed their perception. Some people are even giving up their cars for these services.
Passengers can now hail cars through apps on their smartphones, changing the traditional taxi operation and disrupting car hire services. Even more efficient is the driverless revolution, which will eliminate the cost and need for a driver.
Cloud Computing and Cloud Storage
You don’t have to store your data manually on papers or a DVD. You can upload it in the cloud where you can access it at any time.
Cloud computing allows you to work on projects after moving data to cloud storage. It has gained popularity in the digital world as it ensures transparency, efficiency, and collaboration. Several people can work on a project like coding an application remotely.
Nuclear Power
This is offering an alternative to traditional methods of generating power. In the USA it generates an average of 20% of the total electricity. The power is considered safe from emissions.
However, nuclear technology goes beyond the low-carbon energy provision. It powers space explorations and assists doctors in diagnosing and treating patients.
Conclusion
Technology continues to change how we live. Almost everything we are doing today will be done differently in the next decade.