What’s coming in 2018? Here are our predictions
It’s a brand new year, so we asked some of our staff what they thought was in store for 2018. Here are some of their predictions for how technology will shape our lives in the next 12 months.
Alice Boshkin, Strategy: Right now, our health data is not our own; it belongs to the providers who make up our care networks, notably insurance companies. Today’s paradigm of insurance providers dictating care providers and prescriptions to a new patient is broken. In 2018, we’ll begin to see the power of IoT in healthcare with the emergence of inexpensive, continuous ways to capture and share our data, as well as derive insights that give the power back to the individual.
Tim Casio, M&A: Groundbreaking technology is interesting, but the true magic is in the creative uses found for it. In 2018, we’ll see higher value placed on the application of technology to simplify users’ lives and create a true sense of delight. This will likely lead to faster product cycles that in totality change the way we interact with the physical and virtual world in a multitude of imperceptible ways.
Raymond Liao, Ventures: Blockchain is like the nascent internet: there exists an advanced range of application scenarios, and we have only scratched the surface. In 2017, we saw blockchain technology increasingly applied to develop unbanked countries and communities. With underpinnings in peer-to-peer transactions, blockchain has the power to democratize transactions by removing the middleman and reducing the needless fees that so frequently hamstring those deprived of banking services. In 2018, we will see the blockchain technology stack continue to mature and banking applications like international remittance and cashless payment increase in adoption. 2018 is all about using the technology in higher volume and in more regions around the world.
Jacob Loewenstein, Product Strategy & Business Development: Right now, the greatest limitation of our mobile devices is that they remove us from our world and our situations. AR gives us the power to create things, objects and experiences and have them appear into the world as if they’re really there. This means computing won’t interrupt our lives; instead, it will be ubiquitous. In 2018, we’ll see an increase in the use of mobile AR in education, training, and work itself, with users experiencing visual overlays and holograms that “come to life.” Imagine having difficult concepts like gravity visualized for you via AR!
Ajay Singh, Ventures: 2018 will be an interesting year for technologies like AR/VR and AI/ML (machine learning). AI/ML will advance in both usability and technology: much like a utility like water or electricity, we expect AI to become more pervasive in 2018 in both consumer and enterprise applications. On the technology side, we expect advances and new approaches on two major fronts: less data and more explainability. 2017 marked a big year for AR/VR with the launch of platforms ARKit and ARCore. And, in 2018, we expect technologies improving at all levels of the AR/VR tech stack – display, sensors, software, applications, etc. – and major M&A and investment activities to be a land grab in preparation for a new major S-curve.