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Greatest inventions of the last decade

These were the inventions and developments which changed the way we lived, altered the fabric of society, and will continue to shape the future.

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Greatest inventions of the last decade

Technology is constantly evolving, and we are often left awestruck by the new innovations that come out. One such innovation is Google Assistant, which is perhaps the closest thing yet to general artificial intelligence.

Google Assistant is a voice-activated AI that can be installed on a variety of devices, including the Google Home smart speaker, Google phones, and other devices. It can be used to compose messages, make calendar reminders, scan the internet for answers to questions, and even translate spoken words into 27 different languages.

Google Assistant is just one example of how technology is changing the way we live. These innovations are altering the fabric of society, and they will continue to shape the future.

These were the inventions and developments which changed the way we lived, altered the fabric of society, and will continue to shape the future.

Greatest inventions of the last decade

1. Artificial Intelligence

Greatest inventions of the last decade

In recent years, artificial intelligence (AI) has spread over practically all areas of technological innovation. AI has become a crucial component of the technological landscape, whether it be in the shape of a new platform or a new product.

Although the idea of AI is not new, there have been substantial advancements and changes in its subfields during the past ten years. For instance, biometrics has grown from a specialized technology to a popular authentication and identifying technique. Natural language processing and machine learning are two more areas of AI that have achieved major advancements in recent years.

2. Social Networking

Greatest inventions of the last decade

Inventions of the last decade

The way we interact with people has changed because of social networking. Social networking websites like Facebook, Twitter, Google+, and others have given us a platform to express our thoughts, engage with others, build our online presence, etc.

Social networking websites are also utilized to grow businesses and simultaneously reach a large audience. One cannot claim that the outstanding technological advancements of the decade are all included in this list.

Even if we begin to list things, by the time we get to the finish, something new will have entered the market, and the list will go on. All we can do is make an effort to be informed and keep an eye out for whatever is coming up that might surprise us.

3. The Digital Bank

Greatest inventions of the last decade

Greatest inventions of the last decade

Owing to the emergence of online-only “neobanks” like Monzo, Tide, and Starling, the banking sector has undergone extraordinary disruption in the last ten years. These “fintech” businesses set themselves apart from traditional banks by completely eschewing physical branches in favour of user-friendly mobile apps that let customers manage their finances with a few simple touches.

Neobanks are now worth billions of dollars after drawing millions of consumers. In the upcoming years, this new breed of digital banks has the potential to fundamentally alter the financial landscape.

Neobanks have a lot of benefits over conventional banks, like Lower fees: Neobanks frequently impose fees that are less expensive for customers than those of regular banks. More practical: Neobanks provide a more practical method of banking because they are accessible from any location with an internet connection. More creative: Neobanks are continually launching new features and services, making them more creative than traditional banks.

Neo-banks have been overtaking traditional banks in market share as a result of these benefits. Neobanks now make up more than 10% of the retail banking market in the UK, for instance. Neobank growth is an indicator of how the financial industry is evolving. Traditional banks must change to keep up with changing consumer demands and technological advancements or risk falling behind.

4. Robots

Inventions of the last decade

With the advent of robots that resemble human beings, the field of robotics has undergone important changes. These robots can imitate human actions like walking, sitting, and even activities like playing badminton. The introduction of Sophia, a robot that resembles an actual person and is supposed to be capable of thinking like a human, is the most recent development in this area.

Hanson Robotics in Hong Kong developed the robot Sophia. She has a range of sensors and actuators that enable her to interact with the outside world in a manner akin to that of a human. She is also capable of thinking and responding to queries in a manner that is comparable to that of a human.

Reactions to Sophia’s powers have been conflicted. Some think she represents a breakthrough in artificial intelligence, while others think she is just a highly developed chatbot. Sophia, though, is without a doubt a tremendous advancement in the realm of robotics. She marks the next stage in the development of robots that resemble humans, and she has the potential to significantly alter our lives in the years to come.

5. Augmented Reality

Greatest inventions of the last decade

Greatest Inventions of 2010-2020

Virtual reality is a word that has been used frequently in the past. It is a technique that gives you the impression that you are in an entirely different location with different surroundings.

While virtual reality requires you to enter an entirely separate ecosystem, augmented reality does not. However, it overlays the virtual parts in your actual environment, or in an ecosystem similar to your own.

Only the user can see these superimposed things, which gives the user a sense of how it would have been if the objects had actually been there initially.

6. 3D Printing

Greatest inventions of the last decade

Greatest inventions of all time

Although 3D printing has been around for a while, it has only just begun to be economically viable. We can now locate organs and metal pieces that were 3D printed.

Technology for 3D printing has shown to be quite practical. For instance, it is not necessary to ship a specific part from one site to another. Instead, with the use of 3D printers and design files, the metal object can be manufactured as needed after the design files have been supplied securely.

This provides a number of benefits. It first helps you save time and money. Second, it lessens the possibility of transportation damage. Thirdly, it enables customisation because the metal item can be printed to the user’s exact specifications.

Although 3D printing is still a young technology, it has the potential to completely change how we produce goods. Numerous industries, including healthcare, aerospace, and manufacturing, currently employ it. It is probably going to expand even further as the technology advances.

7. Crowdfunding websites

Greatest inventions of the last decade

Greatest inventions of many decades

Crowdfunding is a method of raising modest sums of money from a large number of individuals to finance a project. This is accomplished through websites that let users donate to causes they care about.

Traditionally, getting finance from investors required project developers to go through a protracted and difficult process. Making a business strategy, presenting their concept to investors, and settling on conditions would all be required. By enabling project developers to make their case to many potential funders at once, crowdfunding speeds up this procedure.

A website called Kickstarter was the first to introduce the idea of crowdfunding online. People can use Kickstarter to raise money for artistic endeavours like movies, records, and video games. Other crowdfunding websites, including GoFundMe, RocketHub, and Crowdrise, have debuted since then.

In recent years, crowdfunding has grown in popularity. This is brought on by a variety of causes, such as the growth of social media, which makes it simpler to publicize initiatives and the expansion of online payment platforms.

8. The Electric Car

Greatest inventions of the last decade

In the past ten years, the electric car finally gained traction after a few false beginnings. Models with batteries, like the Tesla, and hybrids, like the Toyota Prius, were popular with consumers. Although several nations are planning to outlaw gasoline-powered vehicles in the near future, China is still at the forefront of the electric car revolution, which is expected to accelerate in the 2020s.

Although the electric car has been around for more than a century, it has only recently emerged as a competitive alternative to gasoline-powered vehicles. This is brought on by a variety of elements, such as the expansion of charging stations, the decline in battery prices, and the rising public awareness of the environmental advantages of electric vehicles.

Global sales of electric vehicles increased from just 1.2 million in 2015 to 3.2 million in 2023. With more than half of global sales, China is the electric car industry’s largest market. Other nations, led by Iceland, the Netherlands, and Norway, are experiencing robust growth, though.

9. The Smartwatch

Greatest inventions of the last decade

21st century inventions

In 2010, the tablet appeared useless, and the idea of a “smartwatch” would have been unbelievable. However, since the 2015 release of the Apple Watch, these wearable tech devices have truly taken off and can now compete with many smartphones in terms of features. With devices like the Fitbit measuring our respiration, pulse rate, sleep quality, and many other things, they have established a significant niche as fitness trackers.

Making and receiving calls, sending and receiving text messages, checking email, controlling music playback, using GPS to navigate, taking pictures and videos, tracking fitness and health data, and making payments are just a few of the functions that smartwatches are being utilized for.

It is conceivable that smartwatches will grow even more well-liked and useful as they advance. They could end up becoming the main tools we use for everything from keeping connected to maintaining our health.

10. Messenger Apps

Greatest inventions of the last decade

Greatest inventions of the last decade

Despite not being the first messaging application, WhatsApp has been the most popular, boasting over 1.6 billion active users as of today. It is followed by Facebook Messenger, which has 1.3 billion users, and  China’s WeChat, which has 1.1 billion users.

The way we communicate with one another through messenger apps has changed dramatically. They have made it feasible to communicate with distant friends and family members and have made it simpler to plan events and group discussions. Voice messages and video conversations are only two examples of the new communication methods made possible by messenger apps.

Messenger apps have altered not only the way we communicate with one another but also the way we don’t. In order to define the act of abruptly and unjustifiably cutting off all communication with someone, the term “ghosting” has been developed. Ghosting is a relatively recent phenomenon that is frequently perceived as a means of avoiding embarrassment or conflict.

FAQ

What are some of the greatest inventions of the last decade?

  1. Artificial Intelligence
  2. Social Networking
  3. The Digital Bank
  4. Robots
  5. Augmented Reality
  6. 3D Printing
  7. Crowdfunding websites
  8. The Electric Car
  9. The Smartwatch
  10. Messenger Apps

What are the benefits of these inventions?

Here are the benefits of these inventions, which include:

  • Increased productivity and efficiency
  • Improved communication and transportation
  • New medical treatments and cures
  • Increased access to information
  • New forms of entertainment and education

What are the challenges associated with these inventions?

Despite the benefits of these inventions, here are the challenges:

  • Addiction and misuse
  • Social and economic inequality
  • Environmental impact
  • Security and privacy concerns

How have these inventions changed the world?

Well, knowing the challenges associated with these inventions, it shouldn’t be surprising that inventions have undoubtedly changed the world for the better. And these include:

  • They have made our lives easier, healthier, and more productive.
  • They have also opened up new possibilities for communication, education, and entertainment.

What are the future implications of these inventions?

As of now, no one is certain about the future implications of these inventions, but one thing is so clear that they will continue to shape our world in deep ways. Some of the potential implications of future inventions include:

  • New forms of energy production
  • Breakthroughs in medical research
  • New ways to explore and understand the universe
  • Increased automation and artificial intelligence
  • New forms of transportation and communication

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