📺 Stream EntrepreneurTV for Free 📺

New Alphabets in the Making Are you not able to understand what the alphabets in the age of robotics stand for?

By Prerak Shah

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock.com

The alphabet is the base of the formation of a language we speak, write and understand. The development of the modern English alphabet, that is used widely in current days has involved from several languages, hundreds of years and a variety of conquers, missionaries and scholars. But what if someone says that alphabet that we know use now – A for Apple, B for Ball, C for Cat, D for dog…, is changing and is changing fast! Hard to believe, right? But that is true. Read to find out.

Well, starting from the stone age, humans have gone through multiple evolutions. These evolutions (agriculture, industrial, etc) has taken over millions of years for us to reach the point that we enjoy today. Each evolution that has hit and transformed the humankind in past had come at a considerable gap. But the evolution that we are undergoing now, that is technological evolution, moves in an exponential manner and is happening at a much shorter gap and faster pace!

The study, compiled by the McKinsey Global Institute, says that advances in technologies like AI and robotics will have a drastic effect on everyday working lives, comparable to the shift humankind felt while moving away from agricultural societies during the Industrial Revolution. Every Revolution has caused the disruptions and so will this. And like all those revolutions, this also is meant to bring better ways to do things. But this time, it is not limited to one sector or segment but happening on a wider ground – touching us at the individual level!

Technological evolution has made it possible to educate more people, increase life span and significantly reduce the number of people under the poverty line.

For instance, just in the span of couple decades, the world has gone from cleaning houses with brooms & mops, to vacuum cleaners and then to the robots, powered with intelligent automation, that map our rooms with sensors and clean better than before, requiring very minimal human intervention. According to the International Federation of Robotics, the market for robotics in personal and domestic applications will be dominated by robots cleaning floors and mowing the lawn for the next few years. The IFR expects 31 million household robots to be sold between 2016 and 2019, 96 per cent of which will be a vacuum and floor cleaning robots. As a matter of fact, this shift from brooms & mobs to cleaning robots has happened so fast that before one method is replaced completely, the other method has evolved and as a result, many may skip a step or two in between. For example: In developing countries, vacuum cleaners are still to find the gain market share and attain household adoption. At the same time, we are witnessing an era that is rapidly adopting cleaning robots.

This Rapid Pace of Technology Evolution is Giving Birth to New Age Alphabets

While A for AI (Artificial Intelligence) has changed the way we lead our lives – at home and at work, let it be search, travel and typing, B for BI (Business Intelligence) has revealed so many insights by converting raw heaps of data into actionable intelligence and knowledge to drive profitable business actions that the way top executives define strategies and run their businesses has changed…. And then C for Chatbot has formed a new way for businesses to converse with users and address their queries and concerns where else D for Data that we have produced and are still producing is forming the solid base for all of these new alphabets (ABC) to continue flourishing further!

Are such advancements and change something to cheer about OR something worrisome about the world we're creating?

Has the advent of new technologies made our human lives easier than before OR made humans more dependent? The debate continues.

But the fact is, technology isn't just changing society — it's changing what it means to be human. If cities are becoming SMART then humans will need to be smarter. Which means the majority of the human population will have to undergo a change in the way they handle technology – regardless of their role, let it be of a consumer OR of a provider.

With all these, we are looking at a modified future for sure, a future that is more promising than terrifying. And technologies that have emerged over the last decade as well as technology trends that are waiting to unfold - our new alphabets, are forming a base of future language that humans will use to communicate and interact with the world around them.

Prerak Shah

Executive Director & Jt. CEO, DEV Information Technology Ltd

Prerak Shah is Executive Director and Jt CEO at Dev Information Technology Ltd. “Lead by example” is his philosophy as he motivates team in providing businesses with solutions that aptly aligns technology, process and people and in turn, helps business maximize their IT investments.

Before returning home in 2009, Mr Prerak acquired MS in Computer Science, ITIL certification, became Project Management Professional (PMP) from PMI, and had successfully led many global projects to fruition. In his 22+ years of career, he has assisted in implementation of many IT projects - ranging from dynamic websites, Business Process Automation Applications, Portals and ERP Solutions across many verticals.

He relies on good governance, adheres to project management principles, and spearheads company’s PMO, processes and CSR activities.

Also the AVP of PMI’s Ahmedabad Branch (PMI Mumbai Chapter) - he looks after spreading knowledge and awareness of  project management practices in Gujarat region via way of forums, workshops and trainings and during his tenure, PMI has mentored many aspirants to become certified professionals.

Helping less privileged is subject close to his heart and strongly believes in uniting for cause by empowering the ones that are already working on it. 

Inspite of the heavy work demands and pressure, he has always made it a point to spend and invest his time in assisting Yuva Unstoppable and has been recognized by Yuva Unstoppable as “Youth Icon” for his continuous support and guidance in spreading the kindness and participation in their programs that are aimed to help the less privileged and make our society a better place to live. 

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Collaboration

5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

Business News

How Much Do Engineers, Software Developers, and Analysts Make at Apple? See Salary List

Using application data from highly-skilled foreign workers, Insider revealed a range of salaries at the tech giant.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.