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Alibaba Group’s DAMO Academy lays out its tech predictions for 2023

technology trends

The digital revolution has ushered in revolutionary new changes to the way we live and work. Innovation driven by the advancement and application of new technologies has become an undeniable current in the modern information age. This shift has been beneficial to industries, allowing them to optimize processes and become more efficient as well as cutting back on costs. Any industry hoping to stay competitive must be aware of the latest technology trends to gain a critical edge over its competition.

Alibaba Group’s research institute DAMO Academy has listed out compelling insight into some of the trends that are set to shape the future of technology as they’ve recently unveiled their tech predictions for 2023 and beyond. Going forward, without embracing these advancements and innovations, many sectors will find themselves surrounded by those who have taken full advantage of these opportunities.

Top 10 technology trends in 2023

  1. Generative AI will revolutionize creativity

Generative AI has the potential to revolutionize digital content production. By utilizing machine learning algorithms trained on previous work, we can create entirely new images, texts, and even videos or audio without having any tech expertise whatsoever.

DAMO Academy predicts that within the next three years, there will be a vast influx of breakthroughs in generative technology which will be immensely accessible for all those with an interest in content creation – regardless of their technical background.

  1. Corporations will combine mathematical optimization with machine learning

In 2023, companies will have the opportunity to benefit from enhanced decision optimization enabled by machine learning. By incorporating mathematical optimization with cutting-edge AI technology, organizations can identify ideal solutions even in times of unprecedented volatility and uncertainty. Additionally, Decision intelligence fuelled by ML is expected to be key for the successful implementation of carbon reduction initiatives going forward.

  1. Companies will implement cloud-native security

Companies will shift their focus to a cloud-native security approach to provide improved protection for the increasing number of cloud applications. DAMO Academy foresees that these businesses will integrate robust safety features into the development process of new products right from inception; making sure security is not just an afterthought but at the heart of design and code creation.

  1. Multi-modular pre-training models will boost productivity

Multi-modular pre-training models are revolutionizing the AI industry, as they can process various data types such as images, text, and speech all at once. Their capacity to understand language, retrieve relevant information, and generate answers set them apart from single-modal predecessors. Through sophisticated machine learning technology, these innovative models will facilitate organizations in solving complex problems faster than ever before by enabling access to advanced analytics and insights into their operations. DAMO predicts that pre-trained multi-modal models will be of pivotal importance for corporate success going forward due to their exceptional performance capabilities coupled with the automated synthesizing of multiple data sources simultaneously.

  1. More adoption of cloud infrastructure processing unit

As cloud computing rapidly advances, DAMO predicts that soon companies will transition to a Cloud Infrastructure Processing Unit (CIPU). This hardware-driven approach has been proven capable of undertaking far more complex tasks for big data and artificial intelligence. In addition, research into core software advancement is expected to skyrocket as emerging opportunities arise among specialized chip industries.

  1. The need for a predictable network

As the need for advanced resources like AI and machine learning increases, so does our dependence on data centers to provide necessary computing, storage, and energy. However, with cloud networks unable to guarantee consistent performance levels due to their high variability in capacity delivery, application reliability is unpredictable.

Accordingly, DAMO Academy researchers predict that within two or three years a predictable network reliant upon edge-network coordination will become standard practice.

  1. Computational imaging will transform how we see the world

Computational imaging is a technology that uses computers to process images. This makes it possible for smartphones to take pictures like professional cameras, even without large sensors and powerful lenses. Computational imaging is changing the way we use imaging applications, making them more affordable and available to everyone.

  1. Chiplets will transform chip research and development

As the volume of data processing increases, the use of chiplets for providing computing power is increasing. Each chiplet makes up a larger integrated circuit and is less likely to have manufacturing defects. Moreover, they are cheaper to produce because they are small.

Chipmakers can adjust the number of chiplets on processors to customize the chips for their needs. These small components will continue to impact chip research and development in the coming year.

  1. Processing in memory to become the mainstream

This innovative architecture of processing in memory focuses on bringing data processing directly to where the main memory is located, thus eliminating unnecessary energy expenditure and enhancing system performance. As AI technology develops further, compute-in-memory chips promise speedy advancements in fields such as augmented reality and astronomy research by significantly cutting computational costs.

  1. Urban digital twins will gain importance

Urban digital twins offer a new way of understanding how cities and their citizens interact. By leveraging advanced analytics and sensor technologies, real-time data from physical objects can be connected with the city’s digital representation opening possibilities for improved traffic management, natural disaster prevention strategies, as well as carbon emission reduction initiatives.

As technology increasingly becomes a part of our lives, it’s important to stay ahead of the curve and be aware of the latest trends. By making use of these insights, we can plan for the future and ensure that we’re staying ahead of the competition. What trends are you the most excited about?

Source: Alibaba Cloud

Read next: 5 trends financial institutions can see in 2023

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