Jhe quest to anticipate emerging technology trends continues to accelerate alongside the industry’s exponential growth. Right here, Opto takes a look at the companies that are promoting three innovations that could be disruptive throughout the next decade.
Brain-computer interface: mind control
A computer chip installed in the brain tissue that connects wirelessly to the digital world is an emerging technology that Elon Musk is at the forefront of. The Tesla founder is behind Neuralink, a brain-computer interface startup that he says will connect your brain to the internet by “fusing” with artificial intelligence. Potential benefits range from controlling depression and anxiety to curing dementia and paralysis.
The ability to read brain signals has been around for years, but Musk is bringing this academic research to the commercial market. The chip implanted in the brain is so small that Musk had to order a surgical robot from San Francisco industrial design firm Woke Studio to insert it. Investors, such as Founders Fund, have poured a total of $363 million into the company, including $205 million raised in a Series C round in July 2021.
3D Imaging: Holographic Realities
Reinventing 3D landscapes, helping doctors visualize patient data, and printing security images on bank cards and tickets are some of the potential use cases for holographic technology. A team from the Massachusetts Institute of Technology has developed tensor holography that uses neurons to allow computers to “see” images the way humans do.
Total funding UK 3D holography company VividQ has received
British startup VividQ uses groundbreaking precision light field engineering to create algorithms that enable the generation, compression and transmission of 3D holographic images and videos. A recent funding round raised £11m to bring its total to £17m.
Ocean tech: a radical change
The so-called blue economy is an umbrella term used by economists to cover any innovative technology deployed at sea, from ocean thermal energy conversion to precision fishing. With only 5% of the oceans explored, 19% of which are mapped, Bank of America experts estimate that the global ocean economy will be valued at $3,000,000,000 by 2030.
Value the global ocean economy is expected to reach by 2030, according to Bank of America
Eye-catching sea changers include Saildrone, a California-based autonomous boat company that maps and studies the world’s oceans to track everything from weather conditions, such as winds and storms, to illegal fishing, piracy and traffic. It has raised $190 million in funding since 2012. Meanwhile, OceanTech Acquisitions, which filed a $100 million SPAC IPO in 2021, is targeting the boating industry, with stocks of company between $250 million and $1 billion.
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