Monday, 25 May 2020

4 Futuristic Quotes



"While I take inspiration from the past, like most Americans, I live for the future. "
                                                                By Ronald Reagan







"If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people."
                                                                      By Confucius





"I never think of the future, it comes soon enough"
By Albert Einstein





"It is always wise to look ahead, but difficult to look further than you can see"
By Winston Churchill


Saturday, 23 May 2020

3 Industries That Are Doomed - At least For The Near Future: Part-1


23 May 2020

The tiny coronavirus was successful in infiltrating human cells on a micro level, but on a macro level, the virus has wreaked havoc on the human ecosystem. The economy, health, and natural lifestyle of a commoner have been disrupted.

On a more serious note, if this pandemic lingers on for another couple of months, which it definitely will, there’s no doubt in my mind that the recession, that has already set in, will convert into a depression plus a deflation, resulting in irrecoverable losses.

COVID-19, which has been declared a global pandemic by WHO, is having a devastating impact on the global economy. Below are some of the industries that have taken a hit from the novel coronavirus.


Cinema Industry


Before COVID-19, the cinema industry was already going through a patchy path. Except for the blockbusters, demand for big-screen had already plummeted. People now prefer to watch 4K-plus, Ultra HD movies from the comfort of their own homes, on Netflix, only for a $10 monthly subscription.

Industry giant, Disney, is all set to release their latest production digitally, but top cinemas threaten to boycott filming their latest release on the big screen. 

Although countries are reopening, the threat of catching the virus still exists and people are reluctant to go to movie theaters. Cinema industry was already facing tough times due to expensive tickets and digital streaming platforms, thus COVID-19 proved to be the last nail in the coffin.


Gym industry


The gym industry was booming before COVID-19. Good music, social interaction used to be a pleasurable experience, and gyming was more of a trend than just health and fitness. Gym goers were even willing to pay $100 a month subscription for the coaching and the posh environment, but things are changing rapidly and so is gyming.

The gym used to be a favorite place for fitness enthusiasts, but, now, it seems that it is a favorite place for COVID-19. Why? Because COVID-19 love places where there’s a lot of surface touching, so many people in such a small area, sweating, coughing, sneezing, and all that ensures its survival for years to come.

Lockdowns have helped at-home virtual fitness industry to boom. Gorilla Sports UK, a leading provider of fitness equipment in the UK, has requested its customers to cooperate with the delay in deliveries as the demand has sky-rocketed, whereas new orders keep pouring in.

ICON Health & Fitness, a leading fitness brand, announced a 600% increase in sales in April. People were panic-buying Pelotons, a noiseless state of the art in-home fitness cycle with live streaming availability. An indoor cycling shoe by Nike will be up for sales in the month of June.

All the above shows a doom and gloom scenario for the traditional brick-and-mortar gyms and studios.

Covid-19 has forced us to exercise indoors. This pandemic has accelerated the idea of a work-from-home gym. With new technology, internet-connected equipment, and apps, people are shifting from physical gyms to live-stream classes that can provide similar or in most cases a better experience from the comfort of their own home with a fraction of the cost.

To make matters worse, gyms that are opening have a long list of safety protocols. So even if you made up your mind to risk the virus, below is the list that you must follow to enter the gym.

  1. Face mask
  2. Gloves
  3. Bunch of towels
  4. Sanitizer
  5. Avoid the locker room
  6. Limit personal belongings

Certainly, I’m not the person who’ll put on a spacesuit to go to a gym, would you?


Open Office Space


I’ll start by questioning my readers would anyone of you invest in open office space, now, or in the near future? Definitely, your answer would be a big no.

MIT conducted an experiment on the travel speed and reach of a single person sneezing, the link provided shows the possible infection risk from a single sneeze. We can clearly see that a single sneeze can reach up to 27-feet and the normal social distancing protocols are 6–10 feet. I would prefer doing work from home rather than going to a deadly virus hot-spot and so would you.


In my opinion, open office space was already dying due to the advent of co-working space and remote work. Here’s a study that perfectly covers our point. 

In 2018, Royal society issued a white paper on behavioral changes in employees working in an open office environment. They observed a 70 % decrease in one-on-one communication and saw an increase in telecommunication.

In short, people don’t want face-to-face communication for trivial issues or simple instructions, they’d rather prefer a text message or if need be, a video call.

Another study published in the same year showed that people fear to catch an infection from crowded places and would avoid going to places with large gatherings.

My goal is not to fear you out, but here’s another news, 43.5% of workers on one floor of a call center in South Korea tested positive for COVID-19.

In the short-term, it seems likely that many of us will continue working from home even after government orders reopening.

Experts predict that even if offices reopen, sooner or later, they might look like an office-cum-hospital. In the long-term, we‘ll see a health department in office premises.

South Korea’s Centers for Disease Control conductive an investigative report on a call center building in Seoul, South Korea. They were surprised to see 94, out of 216, positive cases, and 90% of the cases were from most crowded places on the floor.

Conclusion


Things are bad and they are going to get much worse by the day, so we must re-think and re-shape our lives to survive the deadly pandemic.

Overall, I think closed spaced industries such as cinema, gym, and open space offices, among others which we couldn't discuss here, are doomed at least for the time being.

Authur: bfazal














Tuesday, 19 May 2020

5 Awesome Gadgets That Would Be Available In Coming Years

19 May 2020

The world of technology doesn’t seem to know any bounds in terms of growth at the moment. A proof of this is how companies seem to manufacture gadgets that are highly sophisticated. These are to ensure life is easier for everyone. 

The major aim of this post is to reveal some awesome gadgets that will be available in the near future. Watch out for these innovations which are expected to take the world by storm.


Smart washing machine


The advent of washing machine technology has made life easier for most people around the world. However, by the year 2025, this technology is expected to become even better. Engineers are doing everything to ensure this technology becomes smarter than it is at the moment.

For instance, they will function whenever energy seems to be very cheap, mix detergent, and handle every other aspect of washing.


Smart umbrellas


Most people believe the function of an umbrella is only to help provide some cover for the scourging sun and heavy rainfall. This is far from the truth as smart umbrellas are expected to perform better functions. For instance, they can forecast the weather very accurately.

These umbrellas come with some blue patterns through which they can communicate with their owners. Getting connected with AccuWeather is very easy given the wireless receiver that it comes with.


Autonomous cars


The idea behind autonomous cars is very fascinating. According to experts, autonomous driving isn’t far away given the fact that the test has been successfully carried out by Google and some other notable brands.

These cars are characterized by long range sensors to improve their vision. It is similar to what planes have. Imagine sitting down while a car drives you around without the help of any driver. This is comfort at its best. This technology is expected to be used by members of the public by 2025.


Organic lights


LED bulbs have been a complete revolution as compared to the traditional bulbs people were using before. They shine very bright and are known to save lots of energy. However, it has been predicted that the emergence of organic lights will make them become obsolete in the near future.

These bulbs have been built to mimic sunlight, which is probably one of their major advantages. The light they will produce is more natural as compared to that of the traditional LED bulbs.


Remote telemedicine


In the nearest future, home diagnosis will be possible through remote telemedicine. A new and more effective technology is being developed to make this become a reality. Doctors will communicate with patients through video calls to carry out diagnosis and make prescriptions.


The healthcare system has always been criticized for being inadequate over the years when it comes to meeting needs of patients. Remote telemedicine will change all of this through some high-tech video conferencing technology. 

Monday, 18 May 2020

3 Future Industries That Outperformed Due To COVID-19: Part 2

future industries



19th May 2020 

Although research on the impact of coronavirus on different industries is vast, some industries are worth mentioning as these industries are experiencing exponential growth. I covered some of them in part-1. We’ve highlighted the industries we left in part-1, here, and this is a continuation of the previous blog post posted on 9th April 2020.

Experts have written a lot about coronavirus and its impact on various aspects of our lives. In this post, part-2, we’ll delve deeper into what we left in part-1.


Gaming





Recent lockdowns have really affected our outdoor activities. We spend more of our time staying indoors than outdoors. Video gaming has become a billion-dollar industry for at least two decades. As the threat of coronavirus continues and people stay indoors, we’ll witness unbelievable growth in some industrial sectors in the coming months. Let’s do a fact check and see the current standing of the video game industry and where will it be in the coming times.

The NPD Group (National Purchase Diary Panel Inc.) has published its report on the video game industry analyzing recent trends in March 2020. According to the report, software sales grew 34% to $739 million last month compared to March 2019, and hardware sales grew an impressive 63%.

Another report from Verizon showed that there was a 115% growth in video game usage during COVID-19.

According to App Annie, a leading mobile app analysis platform, there was an increase of 40% weekly average downloads compared to the same month, March 2019, last year.

As this pandemic is ongoing, one can imagine the growth that these industries are poised for.



Cashless transactions/Cryptocurrency






I’m surprised at how pandemic changes the perspective. Before COVID-19, governments were reluctant to integrate blockchain technology in their financial channels. Now, every nation wants ‘contact-less/cash-less‘ currency.

Along with blockchain transactions, Visa, Amex, and Mastercard transactions have exploded. It seems though as cash transactions are quickly becoming a thing of past.
This pandemic has brought about big changes in our natural lifestyle. People don’t like to do a handshake, they want a 6m distance. In these circumstances, physical cash transactions seem impossible, paving the way for digital currency.

The future of cryptocurrency looks strong, and COVID-19 has just sped up its acceptance and adoption. There’s no doubt that cryptocurrency/blockchain is here to stay and ultimately will be beneficial to mankind, especially in times of pandemics and disaster.


Health and Lifestyle






Thanks to COVID-19, people, now, are taking their health seriously. They have more time to spend on health and lifestyle than they used to. People try to eat healthy food, especially food that helps to boost their immunity to fight bacteria and viruses.

Being healthy and fit used to be our choice, but now it looks as if it’s the government’s choice. Governments around the world are forcing you to be fit and healthy. For example, you can not enter a grocery store if your overall body temperature is elevated, even slightly. Out of fear of coronavirus, the shopkeeper will not allow you to enter if you’re not wearing a mask or if their thermal scanner is showing raised body temperature. If you are not healthy and fit, they’ll not allow you on their premises. In short, you should be healthy enough to buy groceries.

Now, to ensure health, we try to eat healthy and exercise more while staying at home. As we get more cautious about our health, home exercise programs and the fitness equipment industry are well-positioned to boom.

Live-to-stream fitness classes have surged 513%. Sales of fitness accessories and equipment have skyrocketed. Data from online e-commerce websites show an increase of almost 100% in the sale of fitness equipment such as yoga mats and dumbbells.


Conclusion


So far, the industries mentioned in part-1 and part-2 were worth mentioning up till now because we witnessed exponential growth in them. As time is changing fast, each day brings about new research about the novel coronavirus and its effects on our fastly changing world, changes keep coming, so stay tuned, there may be more parts to come.



Tags: COVID19, outperformed, future, industries




Saturday, 9 May 2020

4 Key Points For The Future Of Artificial Intelligence

artificial intelligence


9th April 2020



There is no doubt that the world of artificial intelligence seems to be growing stronger by the day. A proof of this can be traced to how it tends to be impacting almost all the industries. This has made experts predict that artificial intelligence will play a major role in daily activities of a common man in the near future.

In case you seem to be doubting how artificial intelligence is changing the world, ensure to read the details of this post from start to finish. It will be revealing some of the reasons why AI is the future.  


Improvement in transportation





The number of people dying annually from fatal road accidents is really alarming. This has been a major nightmare to transporters over the years which is why the emergence of AI will be seen as a positive development. Companies are embarking on research to ensure success in the creation of autonomous vehicles.


There is no doubt that the reality of self-driving is getting closer faster than anyone can imagine. Brands like Google Waymo, Lyft, and Uber are trying to make this happen. The building of autonomous cargo ships shouldn’t be taken for granted too. These are all aimed at reducing the rate of accidents. 

Its impact in the world of finance



For the purpose of effective security measures, AI seems to be the last resort for most governments around the world. For instance, experts have predicted that by the year 2030, most countries would depend on AI more than ever before.

This is evident in the use of blockchain technology which ensures improved security. Even central banks around the world will be affected by this development. This will happen through the use of bitcoin which is the platform through which blockchain functions. As countries are embracing blockchain technology, they are indirectly accepting the use of bitcoin.  

Revolutionizing the healthcare sector


The various healthcare sectors in countries around the world have always experienced the problem of poor administration and services rendered to patients. However, the future looks very bright through the innovations of AI which will ensure a higher level of efficiency.


For instance, there is intelligent emergency triage which ensures that the process of diagnosing symptoms in individuals is fully automated. The advent of robotic surgery shouldn’t be ignored. 

Improving eCommerce industry



The impact of AI in the ecommerce industry is already being felt as companies are experiencing improved performances in terms of revenue generated. Experts are predicting that it will only get better. There are lots of AI tools being created to make companies much better at what they do.

They have the chance of using these tools to boost sales over different periods of time. For instance, there are AI tools created to extract data of Facebook registered users. This means companies are spending less having to advertise their products to target audiences.




Tags: artificial intelligence future, AI companies, AI future


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Monday, 4 May 2020

3 Future Industries That Outperformed Due To COVID-19: Part 1




We’re going through tough times and COVID-19 pandemic has really taken a toll on our daily life, but some industries that were growing at a really slow pace are experiencing exponential growth. 

Coronavirus (COVID-19) pandemic has made humans realize the necessity of technology and how it can help in difficult times. Old English proverb “Necessity is the mother of all inventions,” seems to be a perfect fit describing our current situation. We only adopt technology when we need it the most to steer us away from the after-effects of the disaster.

I think we’re really slow in adapting future technologies fast enough. We don’t realize the deadly consequences that these modern world pandemics/disasters can bring about. 
Fast adoption of modern technology can be discussed at some other point; let’s focus on three industries that are outshining others even in a recession and hold an even bright future in the times to come.

1.  Delivery Robots (Delivery/Transportation)


Companies like UPS, Amazon, and Starship should really be appreciated for their futuristic thinking. These companies not only benefited themselves financially, as demand has sky-rocketed but also contributed to helping local communities as a whole during these difficult times.

Coronavirus (COVID-19) has entered this world in the time of growth in automation and artificially intelligent robots. The virus that belittled humanity did not know that it cannot infect robots and life can go on with negligible human interaction. Thanks to the robots that are serving in hospitals, delivering medicine and groceries to our doorsteps on a click of a button.

Amazon was the first one to announce a delivery-by-drone concept and named it “Prime Air” back in 2013. Although Amazon’s Prime Air is yet to secure an official contract by FAA (Federal Aviation Authority) to fly drones, UPS, on the other hand, was able to get a license for delivery-by-drone. Initially, UPS is delivering medicines in some areas in the US, but it’s not far that UPS would be delivering most of the US in the coming future.
The other company that I’m really excited about is Starship Technologies. As of March 2020 Starship (autonomous self-driving delivery robot by Starship Technologies) has delivered thousands of medicines and grocery items in the town of Milton Keynes. Starship Technologies executive Ryan Touhy told Ars, “We saw that business double overnight” as a result of the region’s coronavirus lockdown.” 

(Source: https://arstechnica.com/tech-policy/2020/04/the-pandemic-is-bringing-us-closer-to-our-robot-takeout-future/). 


Due to the COVID-19 pandemic, Starship Technologies has announced free delivery of medicines to NHS doctors for a limited time, normally, it charges $1.99 and the parcel is delivered within 30 mins in a 6km radius.

 (Source: https://en.wikipedia.org/wiki/Starship_Technologies)

Concluding, I think that governments around the world should act fast enough so that societies as a whole could benefit from these great future technologies especially in troubling times such as pandemics and disasters.


2. Online Education/eLearning

Before going deep into what’s the future of online education/eLearning or why there’s exponential growth in online education, let's analyze some data to prove the importance of online education and how it can grow exponentially in coming times for a better, brighter future.

Due to COVID-19, almost 1.2 billion children around the world are not able to attend their regular classrooms. Obviously, these children cannot be left uneducated and that’s where the technology comes in. With the help of video conferencing apps Zoom, Teamviewer, WhatsApp, and Skype, out of school children are able to mark their attendance in virtual classrooms.

“Research suggests that online learning has been shown to increase retention of information, and take less time, meaning the changes coronavirus have caused might be here to stay.” 

(Source: https://www.weforum.org/agenda/2020/04/coronavirus-education-global-covid19-online-digital-learning/)

The above quote was taken from an excellent piece that was published on weforum.org on the 29th of April 2020. I would suggest my readers have a look at this article as it really shows the importance of digital learning in the future.

The digital education/eLearning market worldwide is projected to surpass $243 Billion by 2022 and $350 Billion by 2025.

Digital education is energy efficient, which further strengthens our point of accelerated growth in eLearning. How? Well, currently, education, traditionally, is centralized, students have to go to school premises and then to their respective classrooms, whereas, digital education is decentralized.

In virtual school/classrooms children are able to learn from the comfort of their own home. Less school infrastructure (building, air-conditioning/heating, etc.) and less transportation to the school facility equals lesser fossil fuel burning/CO2 emissions and all that will eventually lead to almost zero cost schooling. Almost zero cost schooling means a higher literacy rate worldwide.


3. Ecommerce (online superstores)





In times of pandemic, traditional businesses usually pay a hefty price due to low demand and ongoing expenses like rent and salaries, but some e-commerce giants that were already growing rapidly are seeing exponential growth in sales and revenues thus creating jobs and contributing to overall GDP.

Even when there's massive unemployment during lockdowns, there is some light at the end of the tunnel, there are companies like Amazon, Tesco, JD.com, and Ocado that are actually investing to create jobs and keep the economy afloat.

Amazon, for example, has started hiring. Amazon will invest approximately $700 million in terms of pay-raise and will create 1,00,000 new job slots to fulfill a sudden boom in online shopping due to the coronavirus lockdowns. 

Ocado, a British online supermarket, is not accepting new orders until it clears backlog of deliveries from previous orders. Ocado just recently announced the opening of its first fully robotic automated warehouse in North America.

JD.com, a Chinese e-commerce giant has started delivery of grocery and medicines by drones and autonomous vehicles as demand for contact-less delivery has sky-rocketed.

Conclusion

I think it’s time for all of us to realize the benefits of modern technology. Looking at autonomous vehicles, robots, and delivery drones, helping mankind during pandemic, it seems that our future is fast-forwarded.

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