CBInsights - Tech Trends 2023

The report highlights several key trends that are expected to shape the tech landscape in the coming year. One notable trend is the concept of "immortality-as-a-service," which has attracted fresh interest from venture capitalists and tech companies. This pursuit of extreme lifespans has long been a human fantasy, and now there is a growing focus on making it a reality. Another significant trend is the rise of super apps. These app-level platforms are set to compete fiercely to dominate consumers' online lives. The ground is being set for a massive clash among these super apps, which offer a wide range of services and aim to become the go-to platform for users. In the fintech sector, startups are facing challenging market conditions. However, they are adapting by expanding into new spaces and catering to enterprises. Despite the rocky conditions, fintech companies are finding ways to regenerate and continue their growth. The report also highlights the exploration of robots in the home. Tech leaders and startups are looking into how robots can operate safely in domestic environments, serving as helpful cleaning aids and even empathetic companions. Additionally, the report mentions several buzzy advances that are on the horizon. These include generative AI, longer human lifespans, healthcare monitoring tools, improvements in digital smell tech, and the development of next-gen alternatives to plastics using bio-based materials like seaweed and mushrooms. Furthermore, virtual power plants are gaining popularity as a way for homes with solar panels and battery packs to make money while supporting more resilient electricity grids. However, it is important to note that many tech players will also need to navigate economic uncertainty, which looms large in the current landscape. In summary, the report highlights a range of exciting tech trends to watch in 2023, from the pursuit of immortality to the rise of super apps, fintech's adaptation, robots in the home, and various buzzy advances in different sectors. These trends reflect the ongoing innovation and transformation happening in the tech industry.