Innovations in 2022 is just going to be more innovative and creative. There are some key innovation we should be keeping an eye. To adapt it fast or to contribute in it.
These innovations will make our living easier and more job opportunity will be created. If you are in one of the field, don’t miss the chance to improve your lifestyle as well.
1. Electric Vehicles (EV)
The EV train is accelerating.
The year 2022 promises to be a big one for electric cars, as countries push on to reduce carbon emissions on the path to net-zero by 2050. Carried by a decarbonisation challenge most leading nations now take seriously, 2021 is a game changer in the history of EV sales and it is expected that 6.4 million vehicles (EVs and PHEVs combined) will be sold globally by the end of the year.It would then represent a 98 % year over year increase. Source: EV Volume
EVs are to play a central role in the ambitious objective of zero emission targets set for 2050, and the industry is clearly gearing up for it.
Another encouraging indicator is how fast the EV car sales is growing. In Europe alone, EVs and PHEVs represented 14 % of the total car sales between January and June 2021 (versus 7 % in 2020 during the same period).
- Nissan Leaf – RM 181,263
- range of 311 km (NEDC method)
- MINI Cooper SE 3-Door – RM 217,470
- range of 232 km (WLTP, which is a newer, tougher standard than the NEDC method used by Nissan)
- Porsche Taycan
- RM 584,561 for the 408 PS rear-wheel drive Taycan
- RM 699,986 for the 530 PS all-wheel drive Taycan 4S
- RM 963,297 for the 680 PS Taycan Turbo
- RM 1,151,779 for the 761 PS Taycan Turbo S
2. Net zero stop financing fossil fuels
The United States, Canada and 18 other countries committed at the COP26 climate summit on Thursday to stop public financing for fossil fuel projects abroad by the end of next year, and steer their spending into clean energy instead.
- A surge in clean energy investment can bring jobs and growthTo reach net zero emissions by 2050, annual clean energy investment worldwide will need to more than triple by 2030 to around $4 trillion.This will create millions of new jobs, significantly lift global economic growth, and achieve universal access to electricity and clean cooking worldwide by the end of the decade.https://www.iea.org/reports/net-zero-by-2050
3. Stable coin
There is a chance that the US will begin to regulate stablecoins sometime in 2022. Certainly, stablecoins have been a subject of focus by a series of US regulatory bodies as well as the President’s Working Group on Financial Markets.
In this post, I discuss what the works of two very fine twentieth century economists, Frank Hahn and Hyman Minsky, have taught us how to think about money and financial fragility when it comes to regulating stablecoins.
Stablecoins increasingly are the form of cryptoassets most commonly used for transactional purposes, and as 2022 gets underway the importance of these cryptoassets will only increase.
Stablecoins are digital assets designed to maintain a stable value by pegging the digital asset to a national currency or another reference asset (i.e., a commodity like gold, silver, or oil).
Using reference assets to stabilize price, stable coins seek to become the alternative payment mechanism to bitcoin and other cryptocurrencies, and have also been used to facilitate trading and lending of other digital assets.
However, the FSOC, taking a systemic, wide view, is not without concern.
- To avoid get rich quick schemes
- To avoid scam
- Money frauds
4. Web 3.0
Imagine a new type of internet that not only accurately interprets what you input, but actually understands everything you convey, whether through text, voice or other media, one where all content you consume is more tailored to you than ever before.
We are at the tipping point of a new phase in the web’s evolution. Some early pioneers call it Web 3.0.
Definition: What Is Web 3.0?
Web 3.0 innovation is the upcoming third generation of the internet where websites and apps will be able to process information in a smart human-like way through technologies like machine learning (ML), Big Data, decentralized ledger technology (DLT), etc.
Web 3.0 was originally called the Semantic Web by World Wide Web inventor Tim Berners-Lee, and was aimed at being a more autonomous, intelligent, and open internet.
Huge leap from Web 2.0
The Web 3.0 definition can be expanded as follows: data will be interconnected in a decentralized way, which would be a huge leap forward to our current generation of the internet (Web 2.0), where data is mostly stored in centralized repositories.
Furthermore, users and machines will be able to interact with data. But for this to happen, programs need to understand information both conceptually and contextually. With this in mind, the two cornerstones of Web 3.0 are semantic web and artificial intelligence (AI).
- Extremely low usageMetaverse By now, everyone has heard that Facebook changed its corporate identity to Meta. The company plans to create a sophisticated digital world called the “Metaverse.” Consumers will use augmented and virtual reality technology to digitally engage with each other and their surroundings, with crossovers into the physical world.
Currently, the metaverse exists on a smaller scale, most prominently through immersive digital gaming platforms. Numerous retailers are introducing metaverse experiences in the popular Roblox virtual environment, exemplified by the recently launched Nikeland space from Nike.
- Anti scam
- Fraud prevention
- Stable coin
In other words, Web 3.0 could be seen as the answer to abuses of power in our current digital world. The decentralization of information and data is at the heart of this new vision of the internet.
While the web was sometimes seen as a “Far West” where (almost) everything was allowed under the cover of a pseudonym or a company, things could well change.
Thanks to the blockchain, we could see the dawn of a web with more trust, and thus more value. And painting a picture of this new version of the web would inevitably involve cryptocurrencies, NFTs, the Internet of Things, virtual reality and the cloud.
Cryptocurrency and NFT
Cryptocurrencies and NFTs would allow users to generate value easily. Tokens of a work or a currency could be exchanged in exchange for a service in the system or a job.
Web 3.0 would offer a more user-centric environment and the digital giants would lose their dominance. Data monetisation would no longer be able to be exploited in the same way, and for many, this would mean a major loss of revenue.
Still, the metaverse could offer a significant new avenue of opportunity for large tech companies such as Meta, since the two worlds would complement each other to create a quality digital universe.
5. NFT Gaming
The NFT gaming is a new innovation in market saw incredible growth take place in 2021. The idea of games incorporating NFTs seemed unheard of in 2020 but fast forward a year later, and it’s almost the norm. Every new kind of blockchain and cryptocurrency are emerging into the marketplace.
Together the NFT marketplace is emerging too. These platforms see immense success among the target audience and show no signs of stopping. However some big gaming companies such as Electronic Arts mentioned that NFT games are a new industry but play an essential role in this sector.
Thus this statements caused lot of hype in the gaming industry adn gave NFT gaming business model the needed boost.
What is play to earn NFT game?
- Play to earn NFT game is a type of gaming sector where players earn money in the form of cryptocurrencies or fiat cash for playing the game.
- This type of gaming platform is developed on the blockchain network. Therefore, the game obeys every blockchain law in existence such as security, scalability, speed, and transparency.
- Play to earn has transformed into a popular gaming platform now. It is being approached by a wide range of gaming audiences at a rapid rate.
How Will NFT gaming be beneficial for gamers?
- NFT gaming has paved the way for the concept of play to earn in the virtual world. Every action that leads to the completion of tasks is furnished with the ability to monetize them on various marketplaces.
- In the traditional gaming sector, only the developers and parties involved with the gaming platform are benefited and not the other way around.
- In NFT gaming, it lays the foundation for the players to earn money through playing. And this is possible by trading the in-game assets on secondary NFT marketplaces.
What are the Valuable Features for NFT Gaming Platform?
- NFT gaming platform is a gaming platform that is developed on a blockchain network. The NFT games pave the way for the concept of play to earn.
- The valuable features of an NFT gaming platform are the ability to monetize the in-game asset by representing them as NFTs.
- These NFTs are then traded over secondary NFT marketplaces and follow every rule imposed on a blockchain platform.
6. Ai Generated content
Natural-language generation (NLG) has been around since the 1960s. It’s been commercially available for close to 30 years. For most of its history, NLG just wasn’t very good. It couldn’t read well and the text it produced was easily identified as computer-generated.
What is the difference between human-generated content and AI-generated content?
Although both human-generated and AI-generated content can be used to communicate information, the primary difference lies in the intent. Human-generated content is created with the intention of communicating something in particular.
The benefits of AI-generated content
Artificial intelligence (AI) is now capable of producing quality content that can pass for human-written articles. This is great news for businesses, as they now have an opportunity to save costs and increase the number of unique articles they produce.
Content generated by artificial intelligence (AI) has many benefits. It can save time, improve efficiency, and generate creative content.
- GPT-3, or the third generation Generative Pre-trained Transformer, is a neural network machine learning model trained using internet data to generate any type of text. Developed by OpenAI, it requires a small amount of input text to generate large volumes of relevant and sophisticated machine-generated text.
- Natural language processing includes as one of its major components natural language generation, which focuses on generating human language natural text. However,
generating human understandable content is a challenge for machines that don’t really know the complexities and nuances of language. Using text on the internet, GPT-3 is trained to generate realistic human text.
Human-generated content is better than AI-generated content. Because the content that is generated by humans has a more personal touch and meaning than AI-generated content.
Artificial Intelligence is necessary to make the internet a better place, but it still cannot replace human creativity. Share this article on Google+ and comment below with your thoughts.
mmWave’s short range is propelling the telco emphasis on obtaining as much mid-band spectrum as possible for mobile use. Some say that mmWave deployment for mobile use will simply be too expensive to overcome the short range.
(The one 5G-capable phone in my household has 5G turned off to improve battery life, which ranks above download speeds.)
Why does AR/VR need 5G?
While AR/VR technology has existed for a couple of years, adoption at scale needs 5G and edge computing. The ultra-low latency and high bandwidth that 5G brings is crucial in enabling the use cases.
For many industrial and enterprises customers, private 5G solutions ensure that the applications receive the capabilities required to carry out mission critical processes, where public 5G networks either do not extend sufficient coverage or do not deliver a specific capability to the required level or are deemed not secure enough.
Private 5G networks are networks owned by and dedicated to a private party and fully operated within the site of the party, this has benefits for security, latency, bandwidth and other areas.
The move to the edge means that images can be rendered much closer to the end-user (compared to the cloud) hence further enhancing the use cases.
For AR/VR and the associated use cases, ultra-low latency and high bandwidth are so crucial that private 5G and edge computing are more necessary than for many other 5G-enabled use cases.
AR/VR can bring a range of different use cases to industry, including remote experts, training, maintenance and repairs, among others.
In this article we will deep-dive on 3 AR/VR companies that we believe bring innovation to the space and whose applications can add significant value to industrial settings: Holo-light, Arvizio, and Virsabi.
8. Autonomous Driving
AI has created a visible impact on almost every business sector available in this world and the automotive industry is no exception. Autonomous cars or self-driving cars are gradually gaining popularity worldwide. Several semi-autonomous driving systems like lane assist, adaptive cruise control (ACC), electronic stability control (ESC), rear-view video systems (RVS), adaptive highlights, forward collision mitigation (FCM), automatic emergency braking (AEB), and many others are already on the road. Days are not far when we will witness fully autonomous cars moving on the busy roads of our city.
The whole world is looking up to the automakers and tech companies, who can develop this complex technology, which will give power to those driverless cars to drive on their own. The Institute of Electrical and Electronics Engineers (IEEE) has predicted that by the end of 2040, these autonomous cars will take over 75% of the vehicles running on the road at present. Waymo, a subsidiary of Google, has already driven its autonomous cars for over 10 million miles, amid challenging conditions. Traditional automakers have always been sheepish towards developing a fully-featured electric car. Thus, start-ups like Tesla Motors (TSLA) came forward to innovate the automotive industry for a better future.
What-If Autonomous Cars Run on The Roads in 2022?
Witnessing autonomous cars running on the busy roads of a city is like a dream-come-true situation for every human being living on this planet. Every human being will prefer to ride in self-driving cars because:
- Experience Little to No Accidents: Autonomous cars are one of the safest modes of transportation. The chances of facing an accident are very low, even when it comes to drunk driving. It’s one of the best options for accident-prone countries like The United States of America, where the rate of accidents is highest.
- A Big No to Car Ownership: As autonomous cars are gradually taking over the automotive industry, the need for car ownership has started to decline. The driverless cars will run as shared vehicles. Thus, there will be fewer traffic issues and more parking spaces.
- Autonomous Cars to Deliver Packages: Autonomous cars are also designed to deliver packages and food in the near future. Start-ups like Nuro, Gatik, and TuSimple have started making deliveries for customers like Walmart and UPS and are planning to launch driverless semi-trucks of passenger vehicles.
These are just few of the most innovative technologies in 2022. There are a lot of hidden technologies out there. In 2022 we must up to date to catch up with the fast growing world.
By far the my favorite is NFT Gaming and Web 3.0. What is yours?