Hyperautomation topped the list of 10 most important strategic technology trends for next year, US research and advisory firm Gartner Inc said yesterday.
“The ultimate goal of hyperautomation is to automate anything that can be automated, everything from single tasks to entire business operations,” Gartner senior executive partner Michael Kung (龔培元) told reporters at a news conference in Taipei.
The path to hyperautomation starts with task automation supported by robotic process automation, which is then enhanced through a combination of tools such as chatbots, smart speakers and virtual assistants, Gartner said.
However, hyperautomation cannot be achieved without the help of artificial intelligence (AI), machine learning and advanced algorithms, Kung said.
“Among all trends that we have uncovered over the course of the year, I believe that hyperautomation and autonomous things are the two most crucial trends that businesses shouldn’t ignore... By taking hold of related technologies, businesses can transform and satisfy key performance indicators,” Kung said.
Autonomous devices, such as robots, drones, vehicles and home appliances would also undergo transformations, he said.
“It might be hard for us to visualize, but autonomous devices will be much more perceptive and will be able to interact with other devices,” Kung said.
Autonomous devices would increasingly migrate toward less-constrained public spaces, he said.
However, government regulations and people’s acceptance of such devices might fall behind the pace of development, Kung added.
Democratization was named a forthcoming trend for next year, as more technologies are made accessible to the wider public, Gartner said.
“More people can now participate in the creation of new algorithms and the research behind AI applications,” Gartner research director of personal technologies Lu Chun-kuan (呂俊寬) said, predicting that AI-related research conducted by businesses would increase 10-fold over the next five years, from an average of three to 30.
However, Lu warned about the consequences of abusing such technologies.
“The worst is the creation of a counterfeit reality, which is represented by fake news and videos purposefully released to influence public opinion,” he said.
Lu also highlighted the challenges to democratization, including “shadow AI,” in which unqualified people exploit online tools to develop AI solutions that can result in unreliable and biased results.
Up to 30 percent of organizations using AI in their decisionmaking would contend with shadow AI as the biggest risk to effective and ethical decisions by 2022, Gartner said.
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to