Top 5 Technology Predictions for 2021
A virus shuts down the world. Tech titans flee Silicon Valley in record numbers. Data privacy battles heat up in Congress and across the globe. If you missed our CEO Jedidiah Yueh’s session at MediaOps’ third annual Predict Conference, here’s a recap of his top 5 technology predictions for 2021.
1. COVID-19 Will Kill Silicon Valley
We've all heard about the tech exodus. Companies like Tesla, HP, and Oracle are leaving Silicon Valley to join Dell, Dropbox, and the like in Texas. But as more businesses flee the Bay Area, Silicon Valley may lose its stronghold—its ability to pull in all the talent in the world and be the top tech center in the entire world. Learn about the major ways the pandemic is shaking up Silicon Valley and why places like Austin are emerging as the next leader in tech development.
2. COVID-19 Will Make Cable TV Obsolete
The decline of cable isn’t a new story, but what has started to take hold is the rise of streaming platforms. Just last year, entertainment giants Warner Bros. and Disney announced grand plans to debut their own streaming services, HBO Max and Disney+. When Netflix first launched in 1998 as one of the world’s first online DVD rental companies, the technology to stream to hundreds of millions of viewers was formidable. Companies needed the most advanced data scientists and engineers to build the right tech stacks to scale and stream.
But fast forward to today, technology is commoditized, and players Netflix is competing against tech juggernauts like Apple, Amazon, and century-old media giants. See why modern streaming players are media, entertainment, and tech companies rolled into one.
3. AI/ML Projects Continue to Fail
It seems like everyone is talking about artificial intelligence predictions today. There's an incredible amount of marketing and hype in AI and machine learning. But the truth is the vast majority of AI/ML projects fail. Only 1 in 10 organizations are able to get 75% or more of their AI model prototypes into production, according to Gartner. Find out the two biggest challenges facing enterprise AI/ML teams today.
4. The California Privacy Protection Agency Makes its First Kill
The EU’s General Data Protection Regulation and the California Consumer Privacy Act were built to curb the excesses of tech giants, who have misused data and made data available to companies like Cambridge Analytica. But the irony is that the global patchwork of data privacy regulations will impact companies that are the least prepared to implement the right guardrails and safeguards to protect consumer data. Well-funded tech giants, on the other hand, are
5. Broken up Tech Giants Become More Tech Giants
While efforts to curb the behavior of the world’s largest tech players continue, antitrust regulations will simply not catch up to the speed at which these giants move. As a result, if the government were to break up big tech, it will create more tech giants that take on the world in a disproportionate way compared to all of the companies on the planet. Learn more about why regulations will continue to fail against big tech.
Watch the full video of Delphix CEO Jedidiah Yueh’s top predictions for 2021.