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August 19, 2016 04:00 pm

Eleven Reasons To Be Excited About The Future of Technology

Chris Dixon, an American internet entrepreneur and investor in a range of tech and media companies including Kickstarter and Foursquare has written an essay on Medium highlighting some of the reasons why we should be excited about the future of technology. The reasons he has listed are as follows: 1. Self-Driving Cars: Self-driving cars exist today that are safer than human-driven cars in most driving conditions. Over the next 3â"5 years they'll get even safer, and will begin to go mainstream. 2. Clean Energy: Attempts to fight climate change by reducing the demand for energy haven't worked. Fortunately, scientists, engineers, and entrepreneurs have been working hard on the supply side to make clean energy convenient and cost-effective. 3. Virtual and Augmented Reality: Computer processors only recently became fast enough to power comfortable and convincing virtual and augmented reality experiences. Companies like Facebook, Google, Apple, and Microsoft are investing billions of dollars to make VR and AR more immersive, comfortable, and affordable. 4. Drones and Flying Cars: GPS started out as a military technology but is now used to hail taxis, get mapping directions, and hunt Pokemon. Likewise, drones started out as a military technology, but are increasingly being used for a wide range of consumer and commercial applications. 5. Artificial Intelligence: Artificial intelligence has made rapid advances in the last decade, due to new algorithms and massive increases in data collection and computing power. 6. Pocket Supercomputers for Everyone: By 2020, 80% of adults on earth will have an internet-connected smartphone. An iPhone 6 has about 2 billion transistors, roughly 625 times more transistors than a 1995 Intel Pentium computer. Today's smartphones are what used to be considered supercomputers. 7. Cryptocurrencies and Blockchains: Protocols are the plumbing of the internet. Most of the protocols we use today were developed decades ago by academia and government. Since then, protocol development mostly stopped as energy shifted to developing proprietary systems like social networks and messaging apps. Cryptocurrency and blockchain technologies are changing this by providing a new business model for internet protocols. This year alone, hundreds of millions of dollars were raised for a broad range of innovative blockchain-based protocols. 8. High-Quality Online Education: While college tuition skyrockets, anyone with a smartphone can study almost any topic online, accessing educational content that is mostly free and increasingly high-quality. 9. Better Food through Science: Earth is running out of farmable land and fresh water. This is partly because our food production systems are incredibly inefficient. It takes an astounding 1799 gallons of water to produce 1 pound of beef. Fortunately, a variety of new technologies are being developed to improve our food system. 10. Computerized Medicine: Until recently, computers have only been at the periphery of medicine, used primarily for research and record keeping. Today, the combination of computer science and medicine is leading to a variety of breakthroughs. 11. A New Space Age: Since the beginning of the space age in the 1950s, the vast majority of space funding has come from governments. But that funding has been in decline: for example, NASA's budget dropped from about 4.5% of the federal budget in the 1960s to about 0.5% of the federal budget today.

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