We are witnessing a new type of silent revolution that world has never experienced before. This revolution has speed, variety, diversity, and impact. The emerging technologies are not just changing any particular sector, but everything around us that we see. Technologies like IoT, Big Data, Blockchain, and of course AI have such a huge potential that it is silently disrupting everything.
The list of technologies is long but among all these technologies A.I is the lord of all. These technologies are impacting everything in parallel. Thus, I call this transition a Parallel revolution.
In coming years it is going to have an impact on every sector and it is high time for businesses to get ready for this post world. The leaders need to think and plug-in the state of the art cutting edge solutions available into their existing stack to survive in this parallel change and look for other amazing opportunities that become wide open in the near future as the revolution grows bigger and bigger.
The industrial impact will affect sectors like Energy/Power, Oil/Gas, Telecom, Banking, Finance, Automobile to great extent, and I assure it will be a step forward to a utopian world for which scientists, leader, revolutionaries have dreamt of and worked throughout their lives.
We may also get to see the unification of sectors where primary, secondary and tertiary sectors merge or operate in unison. but the main thing that will come out of the revolution will be the rise of a new type of trust. Let's call it Neo-Trust and this will be the game changer in how systems, economies, organizations interact and work.
So, I would ask all of you and all the leaders around the globe:
Let's get ready for the future.
Paras is a Professional Freelancer who believes that AI and blockchain will play an important role in taking our civilization to the next level, driving transformation. He is also helping businesses, organizations in leveraging the power of emerging technologies. Paras is completing an Engineering Degree in Computer Science from Guru Nanak Dev University.