Emerging Technologies To Watch In 2024
Governments and industry leaders are focusing on scaling existing green technologies and developing new ones in 2024 to limit global warming to less than 1.5 degrees Celsius above pre-industrial levels.
Fremont, CA: Technological change can foster prosperity and global solutions, but its rapid pace can overwhelm institutions, expose us to risks, and exacerbate geopolitical crises, polarization, and climate change, necessitating urgent leadership direction. Here are five developments they should be prepared for in the year ahead.
Green Tech At A Tipping Point
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Technological advancements have made renewable energy cheaper than fossil fuels, potentially saving $12 trillion globally by 2050. Governments and industry leaders are focusing on scaling existing green technologies and developing new ones in 2024 to limit global warming to less than 1.5 degrees Celsius above pre-industrial levels. Green hydrogen and nuclear fusion are expected to advance in 2024, allowing renewable energy capture and transportation.
Hyper-Connectivity And Cyber-Resilience
Globalization is slowed down by economic and geopolitical factors, leading to cyberspace fragmentation. However, technological progress is accelerating, with 15 billion devices connected to the Internet of Things (IoT) and expected to double by 2030 due to 5G coverage expansion. Governments and regulators are focusing on ensuring devices comply with the latest cybersecurity standards, with the European Union introducing the Cyber-Resilience Act and the Biden administration introducing a cybersecurity labeling rating program for IoT devices.
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