Emerging Technology

Emerging Technology refers to new technologies that are currently developing or will be developed over the next few years, which have the potential to significantly alter the business and social environment. These technologies often involve advanced scientific research and innovative application, and they can result in major changes in practices, processes, and products across various sectors. Examples of emerging technologies include artificial intelligence, blockchain, biotechnology, nanotechnology, quantum computing, and renewable energy technologies. The distinguishing characteristic of these technologies is their rapid evolution and the potential to create disruptive impacts on industries, economies, and societies. Emerging technologies typically present both opportunities and challenges, including ethical considerations, regulatory implications, and the necessity for adaptation in workforce skills.