Holographic technology has the potential to be a game changer for several industries.
Holographic technology is the process of creating 3-dimensional pictures. Typically, holograms are a photographic recording of a light field that is used to display 3-dimensional images. For decades, we have seen numerous real-time applications of holograms. From the science fiction movie Star Wars and tv series like Bones to Stephen Hawking appearing as a hologram in Hong Kong, the technology has created unusual 3-dimensional interactions and manipulations for people. A few years back, Julian Assange made a surprise appearance in the US at the Nantucket Project. He ended his speech by a virtual high-five. Amazon has plans to release hologram smartphones with a 3-D holographic display. Holographic technology is creating path-breaking innovations, which will significantly affect our daily lives, making it more interesting. The digital holography market is expected to grow from USD 2.7 billion in 2020 to USD 5.4 billion by 2024, at a CAGR of 19.8%., highlighting the growth of holographic technology across the various industries.
Advancements in Holographic Technology
Holographic technology has made astonishing advancements in various fields. This technology has been used by the military, where the technology has helped soldiers to get a 3-Dimensional view of a terrain. Additionally, it has helped them with military training and in giving soldiers real-life instances for training.
We have a large volume of data generated every day. It is important to store this increasing amount of data safely. The holographic technology is used to store this unbelievable amount of realistic information securely. For instance, holograms allow reconstructing any data even after it is destroyed. Furthermore, holograms are difficult to make and hence are used extensively in security and fraud detection. Your credit card contains a small rectangle dove transmission hologram that displays a 3-dimensional image as you move from side-to-side. We have numerous applications of this technology and even artists are using them to bend and cut down space and to combine still objects to produce 3-dimensional works and sculpt pure light.
Future of Holographic Technology
Holographic technology has already brought celebrities like Frank Sinatra and Tupac Shakur back to life. Companies in the USA are already involved in creating computer-generated performances of celebrities and artists who are not amongst us in person. In the future, there may be far more digital forms of entertainers. The hologram technology used to create computer-generated celebrities using a 150-year-old technology called Pepper’s Ghost, which reflects 2-D images through a piece of plastic. To obtain images that can be seen from multiple angles, high-resolution 3-dimensional images of dead celebrities and artists are essential, which are practically not available. Holographic technology allows you to watch holographic callers popping out of the phones. In the future, there is a chance that users can swipe screens of their cellphone in the air. Moreover, holograms help doctors to have a better sense of human anatomy. The holographic technology can be used to render 2-dimensional images into 3-dimensional floating projections, which will be very useful in treatments and surgeries. Moreover, it can be used to train medical students with holographic images and videos. Furthermore, it will allow doctors to zoom in and out of human body parts to have clear images of internal organs. Holographic technologies can revolutionize not only entertainment and gaming sectors, but also industries like healthcare, space research, real estate, architecture, and many more.
Artificial Intelligence in the 4th Industrial Revolution
Artificial intelligence is providing disruptive changes in the 4th industrial revolution (Industry 4.0) by increasing interconnectivity and smart automation.
Industry 4.0 is revolutionizing the way companies manufacture, improve and distribute their products.
What Makes Artificial Intelligence Unique?
Artificial intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks.
It allows computers to think and behave like humans, but at much faster speeds and with much more processing power than the human brain can produce.
AI offers advantages of new and innovative services, and the potential to improve scale, speed and accuracy.
There are 3 types of artificial intelligence:
Artificial narrow intelligence (ANI), which has a narrow range of abilities.
Artificial general intelligence (AGI), which is on par with human capabilities.
Artificial superintelligence (ASI), which is more capable than a human.
Artificial intelligence can also be classified as weak or strong.
Weak AI refers to systems that are programmed to accomplish a wide range of problems but operate within a predetermined or pre-defined range of functions. Strong AI, on the other hand, refers to machines that exhibit human intelligence.
Artificial intelligence has several subsets:
Most AI examples that you hear about today – from chess-playing computers to self-driving cars – rely heavily on deep learning and natural language processing.
What is the Fourth Industrial Revolution?
The Fourth Industrial Revolution is the current and developing environment in which disruptive technologies and trends such as the Internet of Things (IoT), robotics, virtual reality (VR) and artificial intelligence (AI) are changing the way modern people live and work. The integration of these technologies into manufacturing practices is known as Industry 4.0.
The first industrial revolution used water and steam power to mechanize production.
The second used electric power to create mass production.
The third used electronics and information technology to automate production.
The fourth Industrial revolution is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres, with rising emerging technologies, as real AI, Narrow AI/ML/DL, robotics, automation, materials science, energy storage, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, neurotechnology, cognitive technology, and quantum computing. It implies radical disruptions to everything, industries, jobs, works, technologies, and old human conditions. In its scale, scope, complexity, and impact, the AI transformation will be unlike anything humankind has experienced before.
The Role of Artificial Intelligence in the 4th Industrial Revolution
Artificial intelligence is making companies make the best use of practical experience, even displacing traditional labor and becoming the productive factor itself.
It offers entirely new paths towards growth for manufacturing, service, and other industries, reshaping the world economy and bringing new opportunities for our societal development.
As AI begins to impact the workforce and automation replaces some existing skills, we’re seeing an increased need for emotional intelligence, creativity, and critical thinking.
Zvika Krieger, co-leader of the World Economic Forum’s Center for the Fourth Industrial Revolution.
Deploying AI requires a kind of reboot in the way companies think about privacy and security, As data becomes the currency of our digital lives, companies must ensure the privacy and security of customer information.
Businesses will need to ensure they have the right mix of skills in their workforce to keep pace with changing technology.
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