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Five top technology trends from 2021 that are here to stay

The past 18 months have been full of unexpected technological advances, as the whole world shifted to meet the demands of a new reality. But are these innovations just a product of the pandemic or here to stay? Here are five technology trends that experts believe won’t disappear with lockdowns.

Back in 2018, Erik Ekudden, Ericsson Senior Vice President and Group CTO listed ‘the realization of zero touch’ as his number one future tech trend to watch. Little did we know just how true his words would prove to be – though not quite in the way he may have thought. The global pandemic forced people and businesses alike to rapidly adapt to a new reality. One that overwhelmed health systems and perhaps most importantly, isolated us from normal life.

But over the past year we’ve also seen technological innovation step up to fill these voids.

Advances in fields such as artificial intelligence, e-commerce and the Internet of Things were already well established on the tech trends radar. What we didn’t expect was that fields such as education and healthcare, among the most conservative in the adoption of new technology, would suddenly take center stage – and progress in a matter of months in ways that would usually take years. Of course, we’ve understood the importance of digital connectivity for decades. But we never predicted it would become the center point for our everyday lives almost overnight.

Today as vaccines roll out and many of us eagerly await the return of hugs and gossip over the office watercooler, I wonder – which of these new technologies will stand the test of time? Here are five of the top technology trends from 2021 that experts believe are likely to stick around for years to come.

Trend 1 – Digital workplaces
By the end of June 2020, 42 percent of the United States labor force was working from home full-time. While we scrambled to find the best ways to work remotely, collaboration software boomed. In 2020, the global video conferencing market reached USD7.87 billion – more than double the previous year.

Ericsson Wired Landing page video Future of work

In general, employees have responded positively to the convenience of ‘WFH life’, but employers are also noticing the benefits – lower office rental and upkeep costs, for example. According to our Future of Enterprises report, 60 percent of decision makers are very satisfied with the ability to cut down on office space, with 43 percent strongly believing they will have no office at all by 2030. Early indications also show remote workers are up to 40 percent more productive than their in-office counterparts.

According to the global survey featured in our IndustryLab report exploring the dematerialized office and insights into the 2030 future workplace, half of respondents indicated they would want a full-sense virtual presence at work from anywhere. Imagine digital workspaces where you can wave to your colleague across the room, hand over an important document or even share coffee and cake (complete with tempting digital aromas and tastes) without even leaving home – or even a favorite getaway location.

With many of the tech giants out there, including Twitter and Facebook, announcing their plans for more permanent working from home arrangements post-COVID, it’s generally agreed that the future of work is remote, and that ‘business as usual’ will never be as it once was.

Trend 2 – Online learning
Digital workspaces and dematerialization won’t just benefit those in the workforce. At the peak of the COVID pandemic, over 1.6 billion children in 195 countries around the globe were sent home as classrooms closed.

As well as video conferencing tools, other digital services such as language learning apps, virtual tutoring and e-learning software have all seen huge surges in demand. At the same time, initiatives like Keep America Running have shown just how quickly our society can connect – both digitally and empathetically – for a common cause, like giving more students without an internet connection access to remote learning and narrowing the educational divide.

With quality education key to both the United Nations Sustainable Development Goals and the Human Development Index (HDI), there’s no question that education must be well-resourced and accessible to all.

According to OECD, 95 percent of students in Switzerland, Norway, and Austria have a computer to use for their schoolwork, compared to only 34 percent in Indonesia. And in the US, virtually all 15-year-olds from a privileged background said they had a computer to work on, while nearly a quarter of those from disadvantaged backgrounds did not.

As we continue the important work to improve educational opportunities through technology, we need to ensure we’re reducing, and not contributing to, inequality in education.

While the extent to which e-learning continues once students return to their classrooms is yet to be seen, the necessity of connectivity for education has been made abundantly clear. And as 5G networks enable faster internet and more reliable connectivity than ever before – even in remote locations – these possibilities will only continue to grow.

Trend 3 – Telehealth
The healthcare industry has traditionally been one of the most resistant when it comes to IT and digital technology uptake. However, the COVID-19 pandemic showed the huge potential, and real-world functionality, of telehealth technologies as vital tools to help avoid the spread of viruses through tracking, testing and treating.

In a research innovation project launched in September 2020, Ericsson, Telia and Sahlgrenska University Hospital in Sweden used AI to help monitor and manage the demand on healthcare resources, creating and refining advanced AI analysis and insight models for the planning and prediction of healthcare resources.

Ericsson, University Hospital Birmingham NHS Foundation Trust (UHB) and King’s College London also collaborated on the 5G Connected Ambulance – a groundbreaking new way to connect patients, ambulance workers and remote medical experts in real time. This innovation enabled healthcare workers to perform the UK’s first remote diagnostic procedure over 5G, demonstrating its transformative potential to enable clinicians and paramedics to collaborate haptically, even when they are miles apart – and help patients even if they can’t get access to a hospital.

Telehealth also provided other game-changing ways to address the challenges of providing health services at home, through video conferencing, e-mail, telephone, or smartphone apps.

These advances have been particularly helpful for seniors. Recent insights from an Ericsson ConsumerLab study revealed that devices and the internet had helped 90 percent of seniors surveyed during the pandemic. The benefits offered by technology aren’t limited to medical services either, but can be factors that can improve overall quality of life through mobility, safety and socialization.

A 2020 study also concluded that the COVID-19 pandemic had forced important changes in the healthcare industry which may help to establish telehealth more firmly in the years to come. This will be a vital step in building trust and technological literacy for the revolutionary innovations set to transform the future of medicine.

Trend 4 – Contactless convenience
Contactless technology is defining the customer experience post-COVID, from touch-free payments and ‘just walk out’ shopping to biometric check-in for travel and accommodation.

Even when shopping in-store, almost 90 percent of shoppers in the US now claim to prefer touchless or self-checkout features. And with security always a high priority in an increasingly globalized world, facial recognition security systems are becoming more and more common.

These safe and undeniably convenient innovations have been made possible with more advanced processors and memory chips, better image sensors, smarter AI and faster communications networks, all of which will continue to improve in the coming years.

Combine this with the expectation that virtual and augmented reality will fundamentally change our everyday lives in areas including education, work, social interaction, travel and retail, and we’ll start to see a true blend of the physical and digital – no touching required.

Trend 5 – AI-generated content
Machine learning innovations like Generative Adversarial Networks (GANs) have caught a lot of attention in recent years, often thanks to mostly shocking, sometimes hilarious celebrity deep fakes. These clever generative models use training data to ‘learn’ patterns to generate new data that resembles the original input. An example of the output is the ability to create digital images that look like photos of real people, in the case of the rather unsettling website This Person Does Not Exist.

Now you can stare into the eyes of a stranger who doesn’t exist. These are artificially generated images of human faces via thispersondoesnotexist.com.
Now you can stare into the eyes of a stranger who doesn’t exist. These are artificially generated images of human faces via thispersondoesnotexist.com.

This technology, mostly used for entertainment and filter apps, is learning as it goes, and is being fed more and more of our history, stories and personal information. We already know that 50 percent of us are uncomfortable with not being able to tell the difference between human and machine, a concern raised back in 2018 in our 10 Hot Consumer Trends (see trend six on uncanny communication). But where will it end?

One possibility is that artificial intelligence may become more and more powerful over time due to the changing nature of our media consumption.

But how can AI match the human touch when it comes to creativity? Well, the short paragraph above was written by an AI text generator. Did you notice a difference?

Whose line is it anyway?
The Associated Press has been using AI to report on Minor League Baseball for years, and last year the Guardian went one step further, publishing an op-ed article authored entirely (and rather entertainingly) by OpenAI’s language generator GPT-3. Language generators are now so good, even researchers are struggling to find the difference, admitting even the famous Turing Test is no longer sufficient to tell man from machine.

“[As] more language models are made… it’s going to be harder to figure out if a machine generated an article,” said Adaku Uchendu, doctoral student at the Penn State College of Information Sciences and Technology where the research was conducted. “So, we have to improve our detection models even further.”

But what will it mean to be accused of being an AI? If we’re all using AI to author our text in the future, is there any point in making distinctions? Just look at how predictive text on our devices already suggests what to write next. If the future author is a form of human-machine symbiosis, it’ll be very hard to differentiate that from pure AI-generated text.

“The ultimate goal of this work would be to enforce some kind of disclaimer on an article that states that it is machine generated,” Uchendu continues. “If people are aware, then they can do more fact checking when an article is machine generated.”

Ericsson Principal Researcher, Rebecka Cedering Ångström, introduces another angle, raising the deeper questions and considerations we’ll need to make in order to live harmoniously with AI technology in the future.

“What makes us think machine writing needs greater fact checking? Humans are just as biased – they can be wrong and often write with an underlying agenda. We should focus less on who is writing, and more on who is sending the message. Or take it a step further – who will we allow to make the greatest mistakes? Are we more likely to forgive a falsely written article by a machine or human? Or what about a missed diagnosis from an AI or a human doctor? These are important questions we, as a society, need to consider.”

The debate will no doubt rage on over whether the future of content is human or machine, but as the technology improves, particularly for video and image generation, we’re likely to see more AI-generated content out there – whether we’re aware of it or not.

Disclaimer: This blog post was not written by a machine (except where indicated) – human imperfection is solely to blame for any flaws or errors.

 

 

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Investors said he was not ‘born special’. He later became the CEO of a multibillion-dollar start-up

Today, William Tanuwijaya is a formidable force.

As CEO of e-commerce site Tokopedia, the 39-year-old is one-quarter of the leadership of the newly- merged GoTo Group — Indonesia’s most valuable technology company.

But his business may never have come to be if it weren’t for his determination in the face of critics.

“Tokopedia’s story almost ended before we even started,” Tanuwijaya told CNBC Make It.

Inspired by U.S. icons
Tanuwijaya was just in his early 20s when he set out on a mission to “democratize e-commerce” by creating a website for Indonesia’s millions of small business owners to sell their goods online.

It was then the mid-2000s and the internet was taking off in the country. But with no established tech industry or local role models to learn from, Tanuwijaya had to look to the greats.

I do not come from the Ivy League … I always consider myself a graduate from internet cafe.
William Tanuwijaya – CO-FOUNDER AND CEO, TOKOPEDIA

“We don’t have a success story like Mark Zuckerberg or Sergey Brin, Steve Jobs or Jack Ma. There was no such story of entrepreneurs from Indonesia building technology companies during that time,” he said.

Inspired by their stories, Tanuwijaya knew he — like them — would have to raise private investment to get his idea off the ground. But as a young Indonesian from a rural background and humble beginnings, he soon realized he didn’t fit the mold.

“They’d ask about my personal background … which university I studied at,” Tanuwijaya said, recalling his conversations with investors.

“I do not come from the Ivy League,” said Tanuwijaya, who studied at Binus University in Jakarta while working night shifts in an internet cafe to support his family. “I always consider myself a graduate from internet cafe.”

Then they’d ask him about the wider market opportunity.

“They’d ask me, William, can you name one person who has been successful in Indonesia because they’re building a technology company or internet business?” he said.

‘All of your role models, these Silicon Valley founders, they are born special, you are not.’
William Tanuwijaya – CO-FOUNDER AND CEO, TOKOPEDIA

Despite being home to the world’s fourth-largest population and a rapidly growing middle class, investors were unsure of Indonesia’s potential or if he was the man to realize it.

“Your idea is very simple,” he recalled them saying. “You want to build the Amazon of Indonesia or the Alibaba of Indonesia. What about when all these global giants come to the market? They have the technology, they have the capital, they have the know-how, they have the resources that you do not have. How can you compete?”

Adopting the American dream
Then came the day when he met with one private investor who changed his life forever.

“He said: William, all of your role models, these Silicon Valley founders, they are born special, you are not,” Tanuwijaya recalled. “Please stop daydreaming; find something more realistic to do.”

For Tanuwijaya, it was the catalyst he needed.

“That is the day when I found the purpose of my life because I realized the reason I wanted to build Tokopedia is to build trust among strangers to be able to start business anywhere,” he said.

Indonesia actually has an Indonesian dream concept … ‘Dream as high as the sky. If you fall, you fall amongst the stars.’
William Tanuwijaya – CO-FOUNDER AND CEO, TOKOPEDIA

Like his U.S. idols, whom he said to embody the American dream of self-determination, Tanuwijaya said he discovered a drive to be undiscouraged and help other Indonesian business owners.

“That day I remembered that Indonesia actually has an Indonesian dream concept,” said Tanuwijaya. “Our founding father, the first president of the country, once said … ‘Dream as high as the sky. If you fall, you fall amongst the stars.’”

“I find that’s beautiful and that’s the Indonesian dream,” he said. “So I decided that no matter what happens, I will try to build Tokopedia.”

After launching Tokopedia in 2009, Tanuwijaya and his co-founder Leontinus Alpha Edison soon secured seed funding from the Indonesian investment firm PT Indonusa Dwitama. It has since received buy-in from SoftBank, Sequoia Capital and Alibaba Group.

More than a decade on, under the GoTo Group, Tokopedia counts a network of more than 11 million merchants and 100 million active users, who last year contributed 1% to Indonesia’s $1.1 trillion gross domestic product.

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Indonesia June coal benchmark price up 11.8%; highest in over two years

Indonesia set its coal benchmark price higher in June at $100.33 per tonne, the country’s energy and minerals ministry said in a statement on Wednesday, driven by strong demand from China.

This is $10.59, or 11.8%, more than May’s benchmark price for coal and the highest since October 2018, when it stood at $100.89, Refinitiv data showed .

“The increase in (China’s) demand for its power plants is exceeding its domestic coal supply,” Indonesia’s energy and mineral resources ministry spokesman, Agung Pribadi said in the statement.

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Eco-friendly Bitcoin rival drop on debut

New cryptocurrency Chia has plummeted in fee in view that its debut

The much-anticipated Chia cryptocurrency (XCH), billed as an eco-friendly choice to Bitcoin, has suffered a total failure in cost for the reason that launch on Monday.

As per CoinMarketCap data, XCH debuted at $1,600 per unit and climbed temporarily to a height above $1,800, however rapidly shed extra than 1/2 of its price in the hours that followed.

At the time of writing, the new forex is hovering at a fee of $690 per coin, down 61% on its most price, suggesting “farmers” smelled an probability to money in on altcoin frenzy.

Chia cryptocurrency
The Chia community used to be designed by means of Bram Cohen, founder of BitTorrent, as an antidote to the growing centralization of the cryptocurrency mining industry, in which people have been squeezed out through giant mining syndicates.

The foreign money is additionally designed to tackle one of the primary criticisms of Bitcoin, which has to do with the environmental toll of mining. What units Chia aside from different important cryptocurrencies in this regard is the mechanism used to invulnerable the community and incentivize participation.

Bitcoin, for example, makes use of a proof-of-work (PoW) consensus mechanism, which pits miners in opposition to one any other and is extraordinarily energy-intensive. A find out from the University of Cambridge suggests Bitcoin makes use of up greater power on an annual groundwork than u . s . of Sweden.

The architects of the Chia community opted for a distinctive gadget entirely, known as proof of space, which depends on storage capability alternatively of computing power. Here, so-called farmers (note the deliberate distinction in terminology) set apart storage house to keep cryptographic numbers, referred to as plots.

“When the blockchain declares a venture for the subsequent block, farmers can scan their plots to see if they have the hash that is closest to the challenge. A farmer’s chance of prevailing a block is the share of the whole area that a farmer has in contrast to the whole network,” the internet site explains.

While this machine does away with the want for energy-intensive mining, different problems have emerged. In the runup to launch, for example, Chia hype led to shortages of high-capacity storage in a range of regions, pushing fees thru the roof. This similarly aggravated current aspect shortages, delivered about by way of the world chip scarcity and compounded by means of an extend in enthusiasm for typical mining.

However, if Chia is unable to get better from its early slide, the storage scarcity is possibly not likely to ultimate for long.

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Indonesia’s digital market could grow to $300 billion in the next 3 years, says prominent businessman

Indonesia’s technology market is at an inflection point and could grow exponentially to reach between $200 billion and $300 billion in the next two to three years, said John Riady, director of Lippo Group — one of the country’s largest conglomerates.

“Indonesia is the most exciting digital and technology market in Asia and arguably the world,” Riady told CNBC’s “Street Signs Asia” on Thursday.

“When our group first invested in technology in 2012, the size of the entire technology market in Indonesia was approximately $100 million. That same asset class today is about $40 billion,” he added.

Lippo Group is founded by Riady’s grandfather. The conglomerate has businesses in a wide array of sectors including real estate, retail, health care and telecommunications. Riady has been spearheading the group’s venture into tech and is also the CEO of the real estate developer arm, Lippo Karawaci.

Riady told CNBC the group has made more than 30 investments in Indonesia’s tech space, including OVO, a Jakarta-based digital payments platform. He said Indonesia is close to an inflection point of technology similar to that which China saw in the early 2000s, when tech adoption rose rapidly.

Indonesia is the second-largest economy in Southeast Asia and the world’s fourth-most populous country with more than 275 million people. The country is home to several so-called unicorn start-ups — or private companies valued at $1 billion and above — including e-commerce firm Bukalapak and OVO, according to CB Insights.

Investors have said the country’s growing internet users and expanding middle class are conditions ripe for a digital boom. But Indonesia is a tricky market to navigate, partly because the population is spread across more than 10,000 islands — many with its own culture and language.

Still, the growth potential of Indonesia’s tech scene has paved the way for internet start-ups that have captured the attention of international investors.

Last week, two of the country’s leading tech companies, ride-hailing and payments firm Gojek and e-commerce firm Tokopedia, announced a merger to form an entity called GoTo Group.

The GoTo Group has prominent backers who previously invested in Gojek or Tokopedia. They include Chinese tech giants Alibaba and Tencent, as well as Sequoia Capital India and Singapore state investor Temasek.