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Everywhere AI

Artificial intelligence will start to exist in businesses in 2023. Any firm will be able to take advantage of no-code AI’s capacity to develop more intelligent products and services thanks to the technology’s simple drag-and-drop interfaces. This trend is already apparent in the retail sector. Customer-specific clothing recommendations are made by Stitch Fix using AI-enabled algorithms. In 2023, contactless, autonomous shopping and delivery will be increasingly popular. AI will simplify the purchasing and delivery of goods and services for consumers. Nearly every job and every business function across all industries will benefit from AI. Convenience trends like buy-online-pickup-at-curbside (BOPAC) and buy-online-pickup-in-store will become more popular as merchants employ AI to manage and automate the intricate inventory management operations that take place behind the scenes (BOPIS),

Certain Aspects of the Metaverse Will Be Real

The phrase “metaverse,” which I don’t particularly like, has come to stand in for a more immersive internet in which we will be able to work, play, and interact with one another on a constant platform.

According to experts, the metaverse will contribute $5 trillion to the world economy by 2030, and 2023 will be the year that determines the metaverse’s course for the following ten years. The fields of augmented reality (AR) and virtual reality (VR) will develop further. The metaverse workplace is one to keep an eye on; in 2023, I think that we’ll have more immersive meeting spaces where we can collaborate, brainstorm, and create together. To collaborate on digital projects, Microsoft and Nvidia are already constructing metaverse platforms. In the coming year, avatar technology will also progress. If motion capture technology is used, our avatars will even be able to mimic our body language and movements. An avatar is a presence we portray when we interact with other users in the metaverse. Further advancements in autonomous AI-enabled avatars that can represent us in the metaverse even when we aren’t signed in to the virtual world may also be on the horizon. To perform training and onboarding, businesses are already utilizing metaverse technology like AR and VR, and this trend will pick up steam in 2023. The Nth Floor is a metaverse setting that has previously been developed by consulting firm Accenture. Replicas of Accenture workplaces from the actual world are present in this virtual realm, therefore both prospective hires and current workers can do HR-related duties without being present in an actual office.

Web3 Blockchain

As businesses develop more decentralized goods and services in 2023, Web3 Blockchain technology will likewise make great strides. We currently store everything in the cloud, for instance, but if we decentralize data storage and encrypt that data using blockchain, our information will not only be safer but also have novel access and analysis methods. In the coming year, non-fungible tokens (NFTs) will be easier to use and more useful. For instance, NFT concert tickets may allow you access to backstage activities and artifacts. NFTs might represent the contracts we enter into with third parties or they could be the keys we use to interact with many of the digital goods and services we purchase.

Linking the Physical and Digital Worlds

The gap between the digital and real worlds is already starting to blur, and in 2023 this trend will only grow. This union consists of two parts: 3D printing and digital twin technologies. Digital twins are virtual models of actual operations, goods, or processes that can be used to test novel concepts in a secure online setting. To test under every scenario without incurring the enormous expenses of real-world research, designers, and engineers are adopting digital twins to replicate physical things in virtual environments. We’ll see even more digital twins in 2023, in everything from precise healthcare to machinery, autos, and factories.

Engineers can adjust and change components after testing them in the virtual environment, then make them by employing 3D printing technology in the real world.

For instance, Formula 1 teams now gather information about racetrack temperatures and weather conditions, as well as data from sensors that are delivered during races to see how the cars change. Then, they run scenarios to make design modifications instantly using digital twins of the engines and other automotive parts to which the data from the sensors is streamed. Based on the findings of their testing, the teams then 3D printed car parts.

Growing Editability of Nature

In the future, we will be able to alter materials, plants, and even people to change their characteristics. We will be able to develop materials with brand-new properties like water resistance and self-healing powers thanks to nanotechnology. Although CRISPR-Cas9 has been around for a while, gene editing technology will advance in 2023, giving humans more power to “edit nature” by changing DNA. Gene editing is similar to word processing in that you can add and remove words, but you can do it with genes. Gene editing can be used to fix DNA abnormalities, eliminate food allergies, improve crop health, or even alter human traits like eye and hair color.