The latest breakthroughs in technology

In this age and day, technology is shifting at lightning pace and is showing no signs of going slower so it is something extremely exciting to be a natural part of and live through. Our private lives have come to be highly reliant on the technology that individuals have developed. Experts have also just recently made many discoveries in machine learning which copy the process of real neurons. Other solutions are still taking place, and others are going to take more than a decade to advance. Continue on to find out about some of the hottest developments in this sphere.

Digital technology knows no bounds and is even transforming the face of the banking world. Chris Skinner is saying banks will seek to use these technologies to cut down on costs, automate a variety of procedures and differentiate service levels through data awareness. Online banking has literally made it possible for people to gain access to banking services from anywhere in the world rapidly and easily. Lots of banks offer online portals where you're able to log on and monitor all your spending habits over the past months making it quite a bit easier to keep a record of things. Banks are even checking out and testing brand new wearable apps such as on smartwatches. Moreover technological advancements have made possible for improved data protection and management of sensitive information versus the previous manual methods of securing bank data.

Artificial intelligence seems to be nearly everywhere these times, yet loads of people can still learn a lot from its abilities. This involves using extensive amounts of data to teach computers to undertake a certain task. AI technology has made its way into lots of products and services along the lines of facial recognition and voice assistants in smart phones and on social networks. Professionals like businessman Richard Li will without a doubt be excited about these digital advancements. Artificial Intelligence is certainly a new hot topic and a great deal of investors are running to invest in start-ups who are leaning towards this.

The next great stride forward will be from 4G to 5G which is expected to compliment the growing Internet of Things (the development of this will make it possible for us to have the internet and some form of technology embedded in practically everything we do). 5G will be a giant leap allowing split second responses and in addition less battery power needed to connect, meaning equipment can last considerably longer. This advancement will help to connect cities so they are better able to connect and establish authentic tech hubs. Resultantly this will make organisations more successful at what they do. Writer Chloe Cornish talks about this further saying that the estimations for spending on the IoT could be nearly as much as 132 billion dollars by 2020.

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