12 technologies that will soon subvert the global economy

12 technologies that will soon subvert the global economy

Release date: 2014-12-02

McKinsey has published a report that examines the extent to which technology affects the future economy. The research targets are technologies that are rapidly evolving, have broad impacts, and have significant economic impact.

After 10 years, what disruptive technologies have great potential to influence the economy? Comprehensive combing is as follows.

1. Mobile Internet: mobile computing devices and Internet connections with declining prices and increasing capabilities

Impact by 2025:

Economy: 3.7-100.8 trillion US dollars

Life: Remote health surveillance can reduce treatment costs by 20%

The main technologies include: wireless technology, small, low-cost computing and storage devices, advanced display technology, natural human-machine interface, advanced, inexpensive batteries.

2, knowledge work automation: intelligent software system that can perform knowledge work tasks

Impact by 2025:

Economy: 5.2-6.7 trillion US dollars

Life: equivalent to an increase of 1.1-140 million full-time labor

The main technologies include: artificial intelligence, machine learning, natural human-machine interface, big data.

3. Internet of Things: Cheap sensor networks for data collection, monitoring, decision making, and process optimization

Impact by 2025:

Economy: 2.7-6.2 trillion US dollars, saving up to 36 trillion US dollars in manufacturing, medical insurance, mining operation costs

The main technologies include: advanced, low-cost sensors, wireless and near-field communication equipment (such as RFID), advanced display technology, natural human-machine interface, advanced and inexpensive batteries.

4, cloud: use computer hardware and software resources to provide services through the Internet or the network

Impact by 2025:

Economy: 1.7-6.2 trillion US dollars, can increase productivity by 15-20%

The main technologies include: cloud management software (such as virtualization, metering devices), data center hardware, high-speed network, software / platform as a service (SaaS, PaaS).

5, advanced robots: robots with enhanced sensors, agility and intelligence; used to automate tasks.

Impact by 2025:

Economy: 1.7-4.5 trillion US dollars

Life: can improve the lives of 50 million amputations and people with reduced mobility

Key technologies include: wireless technology, artificial intelligence / computer vision, advanced robot acuity, sensors, distributed robots, robotic exoskeletons.

6, automatic car: in many cases can automatically or semi-automatic navigation and driving cars

Influence in 2025:

Economy: 0.2-1.9 trillion US dollars

Life: 3-15 million lives can be recovered each year

The main technologies include: artificial intelligence, computer vision, advanced sensors such as radar, lidar, GPS, machine-to-machine communication.

7, the next generation of genomes: fast and low-cost genome sequencing, advanced analysis, synthetic biology (such as "write" DNA)

Impact by 2025:

Economy: 0.7-1.6 trillion US dollars

Life: Extend and improve 75% of life through rapid disease diagnosis, new drugs, etc.

The main technologies include: advanced DNA sequence technology, DNA synthesis technology, big data and advanced analysis.

8. Energy storage technology: equipment or physical system that stores energy for future use.

Impact by 2025:

Economy: 0.1-0.6 trillion US dollars, by 2025 40%-100% of new cars are electric or hybrid

The main technologies include: battery technology - lithium battery, fuel cell, mechanical technology - hydraulic pump, gas booster, advanced materials, nano materials.

9, 3D printing: the use of digital models to print out layers of layers to create an object of cumulative manufacturing technology

Impact by 2025:

Economy: 0.2-0.6 trillion US dollars

Life: Printed products can save 35-60% cost while achieving a high degree of customization

The main technologies include: selective laser sintering, fused deposition modeling, stereolithography, direct metal laser sintering.

10. Advanced materials: materials with high strength, good electrical conductivity, etc., or enhanced functions such as memory and self-healing.

Impact by 2025:

Economy: 0.2-0.5 trillion US dollars

Life: Nanomedicine provides targeted drugs for 20 million new cancer cases in 2025

The main technologies include: graphene, carbon nanotubes, nanoparticles - such as nano-scale gold or silver, other advanced or smart materials - such as piezoelectric materials, memory metals, self-healing materials.

11. Advanced oil and gas exploration and exploitation: progress in exploration and mining technology can achieve economics

Impact by 2025:

Economy: 0.1-0.5 trillion US dollars, an additional 3.2-6.2 billion barrels of crude oil per year in 2025

The main technologies include: horizontal drilling, hydraulic fracturing, and microscopic monitoring.

12, renewable energy - solar and wind: use clean and environmentally friendly renewable energy to generate electricity

Impact by 2025:

Economy: 0.2-0.3 trillion US dollars, 100-120 million tons of carbon emissions per year by 2025

The main technologies include: photovoltaic cells, wind turbines, concentrating solar power, hydropower, wave energy.

Source: McKinsey

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