5 Future Predictions of Technology
(1) More Institutions Will Get Into Cryptocurrencies In 2018
“Our institutional investor base is very interested in learning more and getting exposure,” said Michael Graham, a Canaccord Genuity analyst who has published several reports on digital currencies. “One of our major themes is that as we roll out through 2018, it’s the year of institutions getting exposure to the space.”[1]Evelyn Cheng
The bitcoin related institutional level investment products are increasing.
Nasdaq, Cantor Fitzgerald will create their imitation of bitcoin like CME and Cboe bitcoin futures. Regulators are expected to approve a bitcoin exchange -traded fund in the early 2019 or the second half of 2018 according to some analyst.
“With the regulated futures markets going live in 2017, the stage is set for ETFs to gain approval in 2018,” Nolan Bauerle, director of research at CoinDesk, said in an email. “In fact, the Cboe filed for 6 cryptocurrency ETFs at the end of 2017 which could go live in 2018. This would dramatically increase how institutional investors can get exposure.”[1]Evelyn Cheng
(2) Moores Law Ends By 2022
Moore’s Law Dead by 2022, Expert Says. PALO ALTO, Calif. — Moore’s Law — the ability to pack twice as many transistors on the same sliver of silicon every two years — will come to an end as soon as 2020 at the 7nm node, said a keynoter at the Hot Chips conference. [2] Rick Merritt
(3) Driverless Cars Will Be All Over The World By 2025
US Secretary of Transportation stated at the 2015 Frankfurt Auto show that he expects driverless cars to be in use all over the world within the next 10 years.
(4) Computers Reach The Processing Speed of Humans in 2025
Intelligence is hard to quantify, but if we classify it by processing power, then today (2018)computers have the calculating power of a mouse . Humans have about 10¹⁵ processing power. It’s believed that computers will reach the processing power of humans by 2025 even though processing speeds will no longer be following Moore’s Law.
(5) Computers Reach The Processing Speed of ALL Humans in 2050
If the processing power of computers continue to grow like it has, then it is likely that computers will reach the processing speed of all humans currently on Earth.
Of course no one can know the future, but these are some predictions based on previous trends that are likely to come to fruition. I hope you enjoyed this article, please follow me on twitter and let me know what you think will happen in the future.
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SOURCES
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[1] Cheng, Evelyn. “Five Predictions for Digital Currencies in 2018 — Including Stomach-Churning Drops, Bitcoin-Related IPO.” CNBC, CNBC, 5 Jan. 2018, www.cnbc.com/2018/01/05/five-predictions-for-digital-currencies-in-2018.html.
[2]Merritt, Rick “Moore’s Law Dead by 2022, Expert Says | EE Times.” EETimes, www.eetimes.com/document.asp?doc_id=1319330.
