Prohibitively Expensive Items of Today, Dominant in 60 Years: Quantum Computers, Electric Cars, and Smart Homes
Introduction
Today, several innovations remain prohibitively expensive while holding immense potential for future markets. Some of these technologies, including quantum computers, electric cars, and smart homes, are expected to become mainstream in the next six decades. This article delves into how these tech innovations are currently expensive but show promise for a future where they are broadly adopted and affordable.
Quantum Computers: A Game-Changer on the Verge of Mass Adoption
At present, obtaining a quantum computer from renowned tech giants like IBM costs millions of dollars, representing a significant barrier to entry for most organizations and individuals. However, this is poised to change rapidly. By the early 2080s, the price point is expected to plummet significantly, making quantum computers available to a much broader audience.
In a few months, enthusiasts and researchers alike could be purchasing quantum computers for less than $5,000. The dramatic reduction in cost will increase accessibility, leading to widespread adoption. In the not-too-distant future, these powerful machines will be available for much lower prices, just as today's powerful yet affordable devices were unimaginable 60 years ago (e.g., a $40 Amazon tablet with capabilities surpassing a million-dollar computer of 60 years ago).
Electric Cars: A Revolution in Vehicle Transportation
Electric cars are currently a small fraction of the global vehicle market, but advancements in battery technology are set to transform this landscape. These innovations will make electric cars as efficient and useful as their gasoline-powered counterparts, leading to their complete replacement across the automotive industry.
Once electric vehicles become the norm, people will likely look back at the combustion engines powered by rapid chemical explosions much like we now view steam engines. As battery technology advances, electric cars will solve widespread issues such as air pollution and energy consumption, transforming the automotive industry to a cleaner, more sustainable future.
Smart Homes: The Future of Residential Technology
The proliferation of smart home technology today primarily serves the wealthy, but as time progresses, it will become more widespread. Currently, some wealthy individuals are more likely to have full smart homes, complete with advanced AI and automation. However, as technology continues to advance and the costs decrease, smart homes will become more accessible to the masses.
Within 60 years, it is expected that almost all homes will be fully automated, relying heavily on electronic and computerized systems for various tasks. As AI improves and technology becomes more refined, smart homes will offer unparalleled convenience and efficiency, making today's more expensive options seem outdated.
Conclusion
The current financial constraints around quantum computers, electric cars, and smart homes are not indicative of their true potential or future status. As technological advancements continue, these devices will become more affordable and accessible, leading to mainstream adoption. We are witnessing the dawn of a new era where technology is not only powerful but also increasingly democratized.