The dotcom bubble burst a little over 20 years ago, sending the fortunes of numerous computer companies plummeting. Amazon is one of the corporations that swiftly regained its value, but many other businesses were left in ashes. Since this incident two decades ago, technology has developed significantly.Nowadays, there are a lot more individuals online than there were at the turn of the millennium. When it came to residential broadband connectivity in 2000, only 50% of Americans had it. Nowadays, the percentage is at or above 90%. If you have any viewpoints on Technology Write for Us do share your viewpoints.
There is no doubt that the expansion of broadband was a global phenomena. On a worldwide basis, similar growth may be observed; in contrast to 2000, when less than 7% of the world's population had internet connection.Cell Phone usage has been seeing similar trends. There were 740 million cell phone subscriptions globally at the beginning of the 2000s. Twenty years later, that figure has risen to almost 8 billion, meaning there are now more cellphones than people in the globe.
Technology was also getting more portable and individualised at the same time. Six years after releasing the iPhone, which launched a new era of personal technology, Apple sold its first iPod in 2001. As a result of these developments, technology now permeates almost every aspect of our lives.
Over the past 20 years, technology has transformed numerous industries, including journalism, environmental protection, and healthcare. We may learn how new digital leaders have affected and reacted to these changes via the World Economic Forum's Technology Pioneers, which recently marked its 20th anniversary.
The huge expansion of social media happened after these initial new media possibilities, new communities, and alternative media. Less than 1 million individuals used Myspace in 2004, and Facebook hadn't even started. In 2018, Facebook had 2.26 billion users, while hundreds of millions of people were also using other websites.
While these new online forums and methods for communication have provided fantastic spaces for alternate viewpoints, their rising use has also raised concerns about increased polarisation and misinformation.
Several Internet start-ups today are committed to protecting these online media venues and reducing the misinformation that might accompany them. Several Tech Pioneers have recently taken on this topic, including TruePic, which specialises in photo recognition, and Two Hat, which is creating AI-powered content moderation for social media. Both of these companies are focusing on this issue.
Green technology and climate change
Today, a lot of scientists believe that technology will take us towards a carbon-neutral future. Although there is currently a heightened focus on climate change, efforts to develop a technological answer are not new. Following the tech meltdown in 2001, green technology provided investors with a fresh investment opportunity, sparking a boom in investments in start-ups developing renewable energy sources like Bloom Energy, a Technological Pioneer in 2010.
Additionally, we have seen tech businesses rise to the challenge of addressing problems that resulted from the first group, such as expanding climate change solutions and moderating internet material. If you have anything to share on Technology Write for Us and help the audience to get a better vision.
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