June 2024
Next Gen Tech: Computing
Computing innovations have the potential to change the way we live and work, but which will address the challenges ahead?
Key takeaways
- The number of connected devices is expected to reach 350 billion by 2025 and one trillion by 2035, underscoring that we live in a world of exponential data growth. And with the AI revolution only intensifying, we'll see AI training and inference costs continue to rise, and in turn, so will the demand for faster and stronger computing power.
- There's no shortage of computing technologies on the horizon to address these challenges, but here we highlight computing innovations that have the potential to change the way we live and work, including: high-performance, spatial, edge, neuromorphic and quantum computing.
- Bank of America Institute's 'Next Gen Tech' series explores 30 breakthrough technologies across artificial intelligence (AI), computing, robots, communication, healthcare, energy and mobility, that are about to alter our lives. Join us as we discuss what's next on the tech horizon.
Read our full analysis for a more in-depth look at these trends.
This publication is part of Bank of America Institute’s ‘Next Gen Tech’ series – focused on sharing 30 breakthrough technologies that will transform the world. Each week, we’ll highlight one of seven categories (artificial intelligence, computing, robots, communication, healthcare, energy and transport), and share advancements within each, so stay tuned for more.
