Future of Media Systems
Introduction
New technologies changed the world at a higher pace during the 2010s. And the same technology will continue to change the world again in the next decades. To keep up, cities will require new inventions because of the rapid population growth experienced. It will reach a time when companies will look for solutions that work best for employees, the environment, and the local communities. The local or international investors will have to come up with reasonable long periods of low-interest rates. This study aims to discuss how the emergence of technology will influence social media’s future in the next ten years to come.
Future of Media Systems in ten years to come
Technology is now the town’s talk for every individual, and it has now dominated discussions from people to the government for good reasons. In the decade, it will spread its wing to reach every corner of our daily lives. From the perspective, there will be an advancement in artificial intelligence and automation from 3D printing to robotics in the next decades to come. One of the biggest results will be significant dislocation in labor markets. Andrew Ballantyne, the head of Research based in Australia, suggested that “however technology advancement is growing, which will generate more jobs but also displace human labor that will result in jobless to many.” There will be the emergence of driverless cars, which will take to the roads, which means that parking lots will become less necessary (Jagongo & Kinyua, 2013).
With cities becoming more flooded with people, there will be more houses to shelter people. The next ten years will bring more difficulties in housing, congestion, and rising costs in an increasingly dense world, says Amber Schiada. She is the senior director of Research and strategy based in California. This is where technology today will be utilized to meet housing demand. Also, rapidly growing technology will also make more homes delivered off a production line by 20130, speeding up delivery. The idea of hologram conferencing could be true in 2030, and the standards of 9 am to 5 pm could be a distant memory as many individuals work flexible hours (Jagongo & Kinyua, 2013). However, offices will still need people to meet face to face to make decisions for the company and settle other issues that disrupt the business from growing. Besides, the digital-first offices of the future will be built around people’s needs and preferences.
In ten years to come, smart offices adopt many of the technology that makes inroads into smart homes, like gadgets linked to the internet of things and customization of spaces over digital apps. The new generation of digital natives coming at work will expect an interactive digital experience. As real estate moves towards consumer products, it will not be acceptable to deliver an office and expect leaseholders to sign a ten-year lease. Tenants expect real estate, which is fast, flexible, and fun. It should be noted that consumer chooses to move-in ready, flexible, and hassle-free space with lots of facilities. This advancement will apply to offices and all types of real estate and even warehouses. However, warehousing will have to include childcare amenities, breakouts, and greater facilities. Greater amenities aim to provide room for people to work there (Conway & O’Connor, 2016).
While technology and sustainability may have grasped the spotlight, the universal economy will similarly offer its challenges in the next ten years come. The interest rates will not get back to their previous highs, equity markets will test new heights, and the central banker will look for a way to learn how to use the largely new toolkits of macroprudential policy. European countries will experience an increase in the aged population, change in the markets, and predictions for consumer products in the process. For commercial real estate investors, they will be fetching an asset class that has become conventional. This supply shortage crisis is something that will continue. This will eventually result in increased allocations of other real estates, while other subsectors become more mainstream (Conway & O’Connor, 2016).
People no longer present their information using only voice and visualize the topic with pictures or voice. Humanity came to a certain point where the volume of the information is large. Subsequently, for someone to absorb all the information, they create images. The importance of images is that it helps an individual remember the content and process the delivered messages. The world will become more visual in every scope, whether it is news or lesson at school.
Furthermore, the visuals will become more interactive, like holograms (Orr et al., 2012). Another definite sense is the smell. We all know that smell can detect dangers or fancy aphrodisiac perfumes attract the opposite sex’s attention. However, who knows if the scientists will invent information transfer via smells. We have seen that computer simulation will become part and parcel of our daily lives by 2030. Beyond gaming, virtual reality will be an important platform for watching content and even shopping. By 2030 consumers will be doing shopping through virtual markets, paying their bills with virtual money, and drones will be delivering orders to the kitchen. The latest Research shows that consumers will be buying goods over virtual reality rather than in stores.
References
Conway, M., & O’Connor, D. (2016). Social media, big data, and mental health: current advances and ethical implications. Current opinion in psychology, 9, 77-82.
Jagongo, A., & Kinyua, C. (2013). Social media and entrepreneurship growth. International journal of humanities and social science, 3(10), 213-227.
Orr, R. N., Lemley, D. G., Hotchkies, C., & Harper, C. K. (2012). U.S. Patent Application No. 13/184,472.