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However, even with that progression, there are still jobs that classical computers are not powerful enough to do. The answer looks set to come from quantum computing. In this post, we will look at what quantum computing is and how it could revolutionize a long-standing industry such as banking.

What is Quantum Computing?

Quantum computers are expected to be a new kind of technology that can solve complex problems well beyond the capabilities of traditional systems. If you take an everyday problem like climate change, the intricacies of solving it are incredibly complex. A standard computer does not have the power or ability to even get close to genuinely understanding everything that is going on. The main reason is the endless amounts of data that computers need to process to generate an accurate decision.

A quantum computer is often referred to as a supercomputer. It has highly advanced processing power that can take masses of variables into account, helping predict weather patterns and natural disasters in the case of climate change.

Brief Technical Summary

A typical computer stores information in what is known as bits. In quantum computing, these are known as qubits. Qubits have certain properties that mean a connected group of them can provide way more processing power than binary bits from classical computing. In short, where binary bits store 1s and 0s to handle a task, qubits can represent numerous possible combinations of these simultaneously.

Practical Example

An example of this could be if running a travel agency. Lets say three people need to move from one place to another, Jenny, Anna and Steve. For that purpose, there are two taxis and the problem you want to solve is who gets into which taxi. However, we know that Jenny and Anna are friends, Jenny and Steve are enemies and Anna and Steve are enemies.

The aim would be to maximize the number of friend pairs and minimize the enemy pairs sharing the same taxi. A classical computer would store each possible solution with bits one at a time before being able to calculate a potential solution. However, a quantum computer will use qubits to represent all the solutions at the same time. It will find the best solution in a few milliseconds as it piles everything into just 1 operation.

The difference here is a traditional computer performs more and more calculations every time the data scales up, whereas a quantum computer will only ever have to process one operation.

In the real-world, one industry that could heavily benefit from this technology and processing power is banking.

Quantum Computing in Banking

In an article from Banco Bilbao Vizcaya Argentaria (BBVA) from October 2019, it was suggested that this kind of quantum computing power might fundamentally change the face of banking in time.

Encryption of personal data is critical to banking, with RSA-2048 being used at the highest levels. For a classical computer to find the key to decrypt the algorithm would take 1,034 steps. To put that into context, a processor capable of a trillion operations per second would still take 317 billion years to resolve the problem. Realistically, that makes decryption impossible.

However, a quantum computer could solve the decryption in just 107 steps. If the computer were running at a million operations per second, this calculation would only take 10 seconds to complete. The potential of quantum computing in this context is quite amazing. That said, we are still a long way off having enough processing power to reach those heights, but experts are working on it.

Barclays

Researchers at Barclays Bank in collaboration with IBM have created a proof-of-concept quantum optimized application. The solution revolves around the transaction settlement process. A settlement works on a transaction-by-transaction basis where they are pushed into a queue and settled in batches. During a processing window, as many trades as possible from the queue are settled.

Trades are complex by nature according to Lee Braine, director of research and engineering at Barclays. Traders can tap into funds before the transaction has been cleared. They are settled if funding is available or if there is some sort of credit collateral facility.

In a quantum computing context, a small number of trades could, in theory, be done in your head. However, as you get up to 10 or 20 transactions, you might need to use a pen and paper. Any more than that and we start going into classical computing. However, as we get to hundreds of trades, the machines begin to experience limitations.

A bit like the travel agency example we gave earlier, a quantum computer could run masses of complex aspects of trading. Using a seven-bit qubit system, the team could identify certain features that were of sufficient complexity. The same calculations would need about 200 traditional computers.

JP Morgan

Using an IBM machine, researchers at JP Morgan have demonstrated that they could simulate the future value of a financial product. They are testing the use of quantum computers to speed up intensive pricing calculations which would take traditional machine hours to compute. As portfolios become larger, the algorithms have greater complexity and could get to a point where they are impossible to calculate.

The research by the team has shown that a commercial-grade quantum computer can run the same calculations in a matter of seconds.

Summary

According to Deltec Bank, the Bahamas Banks are successfully testing quantum computers to solve problems that were previously very resource-intensive or impossible to complete. Although the technology is still some years away from changing the way banks calculate financial models due to complex hardware requirements, it is important to start testing now.

IBM themselves have stated they are a while away from a perfect solution with big breakthroughs still required but the time will certainly come.

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The Impact of Quantum Computing on Banking will be gigantic says Deltec Bank, Bahamas - Quantaneo, the Quantum Computing Source

This was the year of quantum physics, which redefined the kilogram and the computer. It was also the year of teamwork. Hundreds of scientists across the globe worked together to do the seemingly impossible capture an image of a black hole. A global collaboration of scientists journeyed into the heart of the Arctic to measure how the climate is changing in this crucial spot. This was also the year we lost a portion of the Amazon rainforest to a fire fuelled by greed.

First image of a black hole

After more than a decade at work, the Event Horizon Telescope, a large telescope array consisting of a global network of radio telescopes, stunned the world by capturing the first direct image of a black hole, which is situated at the centre of the Messier 87 galaxy, 54 million light years away. The image shows a circular silhouette outlined by emission from hot gas swirling around it, lending credibility to Einsteins theory of general relativity near all black holes.

Evidence of black holes from which nothing, not even light, can escape has existed for aeons. And astronomers have long observed the effects of these mysterious phenomena on their surroundings. Because of the lack of light, it was believed that you could not snap an image of these caverns in space.

Polarstern breaks ice

The German icebreaker ship, RV Polarstern, is right now stuck in the midst of the frozen Arctic sea at the North Pole. Its on a mission known as the Multidisciplinary drifting Observatory for the Study of Arctic Climate (Mosaic) the largest climate-change research expedition to the central Arctic. This region, one of the most inaccessible places on our planet, is critical to Earths climate and its essential to study it thoroughly.

During the year-long expedition (September 2019 to September 2020) that has taken 20 years to organise, over 600 researchers will rotate on and off the ship, supported by many more in research institutes across the world. The data harvested should give us an accurate picture of ice or its absence near the North Pole and is expected to silence climate change sceptics forever.

Googles quantum claim

Google claims to have reached a long-sought breakthrough called quantum supremacy that allows computers to calculate at inconceivable speeds. While some scientists are cautious about the implications, major tech companies in the US and China are investing heavily in quantum computing. IBM, a Google competitor, described the term quantum supremacy as misleading and proposed another metric, quantum volume .

Denisovan discoveries

A jawbone of a 1,60,000-year-old Denisovan hominids who existed alongside Neanderthals and disappeared 50,000 years ago was recently discovered in the Tibetan Plateau. This is the first time a fossil of this species has been found outside the Denisova Cave in Siberia, confirming the theory that these relatives of modern humans once lived across much of central and eastern Asia. The find also suggests Denisovans may have evolved genetic adaptations to high altitudes, which Tibetans inherited thanks to interbreeding between Denisovans and modern humans.

Crispr in clinical trials

Crispr/Cas9, a gene editing technique akin to molecular scissors that can snip, repair or insert genes into DNA, went into a spate of clinical trials. The technique holds the promise of curing nearly 6,000 known genetic diseases. There is already clinical evidence that it has cured two patients in the US, one suffering from beta thalassaemia and the other from sickle cell disease.

Crash course on the moon

The race to land on the moon is back in vogue. While Chinas Change-4 lander touched down smoothly on the moons far side in January, probes sent by the Israeli agency, SpaceIL, and the Indian Space Research Organisation crash-landed. China plans to launch another lunar lander next year. The European Space Agency, Russia and Nasa hope to follow in its footsteps.

Kilogram, redefined

In the biggest overhaul of the International System of Units, four units kilogram, kelvin, ampere and mole were redefined in terms of constants of nature. The new definition anchors the value of the kilogram to the Planck constant, an unvarying and infinitesimal number at the heart of quantum physics. Previously, the kilogram was defined as the mass of a specific object (stored in a Paris vault) that represented the mass of one litre of pure water at its freezing point.

Amazon ablaze

The Amazon rainforest, the worlds largest carbon sink, was irreversibly damaged after settlers allegedly set fire to it, with tacit support from the Brazilian government. Data released by Brazils National Institute for Space Research shows that from January to July, fires consumed 4.6 million acres of the Brazilian part of the Amazon rainforest. The nations right-wing President, Jair Bolsonaro, wants to facilitate the interests of industries in the forest, uncaring of the worldwide environmental concern.

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Science stories that shaped 2019 - Telegraph India

OYSTER BAY, N.Y.--(BUSINESS WIRE)--The year 2020 will be an exciting one for the Artificial Intelligence (AI) chipset market. In 2020 alone, more than 1.4 million cloud AI chipsets and 330 million edge AI chipsets are forecasted to be shipped, generating a total revenue of US$9 billion, states global tech market advisory firm, ABI Research.

In its new whitepaper, 54 Technology Trends to Watch in 2020, ABI Researchs analysts have identified 35 trends that will shape the technology landscape and 19 others that, although attracting huge amounts of speculation and commentary, look less likely to move the needle over the next twelve months. After a tumultuous 2019 that was beset by many challenges, both integral to technology markets and derived from global market dynamics, 2020 looks set to be equally challenging, says Stuart Carlaw, Chief Research Officer at ABI Research.

What will happen in 2020:

More custom AI chipsets will be launched:Weve already seen the launch of new custom AI chipsets by both major vendors and new startups alike. From Cerebras Systems worlds largest chipset to Alibabas custom cloud AI inference chipset, the AI chipset industry has been hugely impacted by the desire to reduce energy consumption, achieve higher performance, and, in the case of China, minimize the influence of Western suppliers in their supply chain, says Lian Jye Su, AI & Machine Learning Principal Analyst at ABI Research. 2020 will be an exciting year for AI chipsets. Several stealth startups are likely to launch programmable chipsets for data centers, while the emergence of new AI applications in edge devices will give rise to more Application Specific Integrated Circuits (ASICs) dedicated for edge AI inference workloads.

Heterogeneous computing will emerge as the key to supporting future AI Networks:Existing Artificial Intelligence (AI) applications and networks are currently serviced by different processing architectures, either that be Field Programmable Gate Array (FPGA), Graphical Processing Units (GPUs), CPUs, Digital Signal Processors (DSPs), or hardware accelerators, each used to its strength depending on the use case addressed. However, the next generation and AI and Machine Learning (ML) frameworks will be multimodal by their nature and may require heterogeneous computing resources for their operations. The leading players, including Intel, NVIDIA, Xilinx, and Qualcomm will introduce new chipset types topped by hardware accelerators to address the new use cases, says Su. Vendors of these chips will move away from offering proprietary software stacks and will start to adopt open Software Development Kits (SDKs) and Application Programming Interface (API) approaches to their tools in order to simplify the technology complexity for their developers and help them focus on building efficient algorithms for the new AI and ML applications.

What wont happen in 2020:

Quantum computing:Despite claims from Google in achieving quantum supremacy, the tech industry is still far away from the democratization of quantum computing technology, Su says. Existing vendors, such as IBM and D-Wave, will continue to enhance its existing quantum computing systems, but the developer community remains small and the benefits brought by these systems will still be limited to selected industries, such as military, national laboratories, and aerospace agencies. Like other nascent processing technologies, such as photonic and neuromorphic chipset, quantum computing systems in their current form still require very stringent operating environment, a lot of maintenance, and custom adjustment, and are definitely not even remotely ready for large-scale commercial deployments, Su concludes.

For more trends that wont happen in 2020, and the 35 trends that will, download the 54 Technology Trends to Watch in 2020 whitepaper.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Researchs global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.

For more information about ABI Researchs services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit http://www.abiresearch.com.

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2020 Will be a Banner Year for AI Custom Chipsets and Heterogenous Computing; Quantum Computing Remains on the Far Horizon - Business Wire

The decade thats knocking on our doors now the 2020s is likely to be a time when science fiction manifests itself in our homes and roads and skies as viable, everyday technologies. Cars that can drive themselves. Meat that is derived from plants. Robots that can be fantastic companions both in bed and outside.

Implanting kidneys that can be 3-D printed using your own biomaterial. Using gene editing to eradicate diseases, increase crop yield or fix genetic disorders in human beings. Inserting a swarm of nanobots that can cruise through your blood stream and monitor parameters or unblock arteries. Zipping between Delhi and New York on a hypersonic jet. All of this is likely to become possible or substantially closer to becoming a reality in the next 10 years.

Ideas that have been the staple of science fiction for decades artificial intelligence, universal translators, sex robots, autonomous cars, gene editing and quantum computing are at the cusp of maturity now. Many are ready to move out of labs and enter the mainstream. Expect the next decade to witness breakout years for the world of technology.

Read on:

The 2020s: A new decade promising miraculous tech innovations

Universal translators: End of language barrier

Climate interventions: Clearing the air from carbon

Personalised learning: Pedagogy gets a reboot with AI

Made in a Printer: 3-D printing going to be a new reality

Digital money: End of cash is near, cashless currencies are in vogue

Singularity: An era where machines will out-think human

Mach militaries: Redefining warfare in the 2020

5G & Beyond: Ushering a truly connected world

Technology: Solving the problem of clean water

Quantum computing : Beyond the power of classical computing

Nanotechnology: From science fiction to reality

Power Saver: Energy-storage may be the key to maximise power generation

Secret code: Gene editing could prove to be a game-changer

Love in the time of Robots: The rise of sexbots and artificial human beings

Wheels of the future: Flying cars, hyperloops and e-highways will transform how people travel

New skies, old fears: The good, bad& ugly of drones

Artificial creativity: Computer programs could soon churn out books, movies and music

Meat alternatives: Alternative meat market is expected to grow 10 times by 2029

Intelligent robots & cyborg warriors will lead the charge in battle

Why we first need to focus on the ethical challenges of artificial intelligence

It's time to reflect honestly on our motivations for innovation

India's vital role in new space age

Plastic waste: Environment-friendly packaging technologies will gain traction

Read more:

20 technologies that could change your life in the next decade - Economic Times

The early 2000s were not a good time for technology. After entering the new millennium amid the impotent panic of the Y2K bug, it wasnt long before the Dotcom Bubble was bursting all the hopes of a new internet-based era.

Fortunately the recovery was swift and within a few years brand new technologies were emerging that would transform culture, politicsand the economy.

They have brought with them new ways of connecting, consuming and getting around, while also raising fresh Doomsday concerns. As we enter a new decade of the 21st Century, weve rounded up the best and worst of the technologies that have taken us here, while offering some clue of where we might be going.

Sharing the full story, not just the headlines

There was nothing much really new about the iPhone: there had been phones before, there had been computers before, there had been phones combined into computers before. There was also a lot that wasnt good about it: it was slow, its internet connection barely functioned, and it would be two years before it could even take a video.

But as the foremost smartphone it heralded a revolution in the way people communicate, listen, watch and create. There has been no aspect of life that hasnt been changed by the technologies bundled up in the iPhone an ever-present and always-on internet connection, a camera that never leaves your side, a computer with mighty processing power that can be plucked out of your pocket.

Steve Jobs unveiled the first iPhone on 9 January, 2007 (Reuters)

The 2000s have, so far, been the era of mobile computers and social networking changing the shape of our cultural, political and social climate. All of those huge changes, for better or worse, are bound up in that tiny phone.AG

Though few people noticed, online social networks actually began at the end of the last century. The first was Six Degrees in 1997, which was named after the theory that everyone on the planet is separated by only six other people. It included features that became popular with subsequent iterations of the form, including profiles and friend lists, but it never really took off.

It wasnt until Friends Reunited and MySpace in the early 2000s that social networks achieved mainstream success, though even these seem insignificant when compared to Facebook.

Not only did Mark Zuckerbergs creation muscle its way to a monopoly in terms of social networks, it also swallowed up any nascent competitors in a space that came to be known as social media. First there was Instagram in 2012, for a modest $1 billion, and then came WhatsApp in 2014 for $19bn.

Between all of its apps, Facebook now reaches more than 2 billion people every day. It has come to define the way we communicate and heralded a new era of hyper-connectedness, while also profoundly shaping the internet as we know it. In doing so, Facebook has not only consigned the site Six Degrees to the history books, it has also re-written the theory itself cutting it down to just three-and-a-half degrees of separation. AC

At the start of this century, the complete reinvention of the entire economic system wasnt something many people were talking about. But then the 2007-08 financial crisis happened. As mortgages defaulted, companies collapsed, and governments bailed out the banks to the tune of trillions of dollars, people began to wonder if there might be a better way.

One person or group believed they had the answer. Satoshi Nakamotos true identity may still be a mystery, but their creation of a new electronic cash system called bitcoin in 2009 could have implications far beyond just currency. The underlying blockchain technology an immutable and unhackable online ledger could potentially transform everything from healthcare to real estate.

Bitcoin is yet to take off as a mainstream form of payment or transform the global economy like it might have promised, but we are barely a decade into the great cryptocurrency experiment. It has inspired thousands of imitators, including those currently being developed by Facebook and China, and it may be another 10 years before its true potential is finally realised. AC

Alright, so here we are, in front of the, er, elephants. And the cool thing about these guys is that they have really, really, really long trunks. And thats cool.

It may have been an inauspicious start, but these words would go on to fundamentally transform the way people consume media in the 21st century. It was 23 April, 2005, and Jawed Karim had just uploaded the first ever video to YouTube a video-sharing website he had helped create.

The YouTube channel homepage for Indian record label T-Series, which overtook controversial Swedish vlogger PewDiePie in 2019

AFP/Getty

PewDiePie has been the most popular YouTuber since 2013

PewDiePie / YouTube

5-Minute Crafts, which offers quick and quirky DIY tips to viewers, didn't even feature in the top 15 YouTube channels in July 2018

5-Minute Crafts

Brazilian music video producer and director KondZilla began his career after buying a camera with life insurance money left to him after his mother died when he was 18

Getty

Sony Entertainment Televesion (SET) launched in 1995 and has recently seen huge growth of its Hindi-language YouTube channel

AFP/Getty

Canadian musician Justin Bieber held the number-two spot in 2018 before T-Series took over

Getty

World Wrestling Entertainment has managed to gain a huge following on YouTube by sharing clips of fights and interviews with its stars

WWE

This YouTube channel specialises in 3D animation videos of nursery rhymes, as well as its own original songs. It is owned by the American firm Treasure Studio

Cocomelon

YouTube personalities Coby Cotton, Tyler Toney, Cody Jones, and Cory Cotton form Dude Perfect, a sports entertainment channel from the US

Getty

YouTube personality German Garmendia is a Chilean comedian and writer

HolaSoyGerman

One of several musicians that populate the top 15 most popular YouTube channels, Ed Sheeran joined the list in 2017

Getty

Music channel Badabun's subscriber count has not been publicly visible since 6 March 2019, at which point it had 37.2 million subscribers

Badabun / YouTube

US rapper Eminem first entered the list of the top 15 YouTube channels in 2013, the same year that PewDiePie took over

AFP/Getty

Brazilian Whindersson Nunes Batista joined YouTube in 2013 and became popular for his comedy videos

Whinderssonnunes / YouTube

US singer and actress Ariana Grande is the latest addition to the top 15 YouTube channels

AFP/Getty

The YouTube channel homepage for Indian record label T-Series, which overtook controversial Swedish vlogger PewDiePie in 2019

AFP/Getty

PewDiePie has been the most popular YouTuber since 2013

PewDiePie / YouTube

5-Minute Crafts, which offers quick and quirky DIY tips to viewers, didn't even feature in the top 15 YouTube channels in July 2018

5-Minute Crafts

Brazilian music video producer and director KondZilla began his career after buying a camera with life insurance money left to him after his mother died when he was 18

Getty

Sony Entertainment Televesion (SET) launched in 1995 and has recently seen huge growth of its Hindi-language YouTube channel

AFP/Getty

Canadian musician Justin Bieber held the number-two spot in 2018 before T-Series took over

Getty

World Wrestling Entertainment has managed to gain a huge following on YouTube by sharing clips of fights and interviews with its stars

WWE

This YouTube channel specialises in 3D animation videos of nursery rhymes, as well as its own original songs. It is owned by the American firm Treasure Studio

Cocomelon

YouTube personalities Coby Cotton, Tyler Toney, Cody Jones, and Cory Cotton form Dude Perfect, a sports entertainment channel from the US

Getty

YouTube personality German Garmendia is a Chilean comedian and writer

HolaSoyGerman

One of several musicians that populate the top 15 most popular YouTube channels, Ed Sheeran joined the list in 2017

Getty

Music channel Badabun's subscriber count has not been publicly visible since 6 March 2019, at which point it had 37.2 million subscribers

Badabun / YouTube

US rapper Eminem first entered the list of the top 15 YouTube channels in 2013, the same year that PewDiePie took over

AFP/Getty

Brazilian Whindersson Nunes Batista joined YouTube in 2013 and became popular for his comedy videos

Whinderssonnunes / YouTube

US singer and actress Ariana Grande is the latest addition to the top 15 YouTube channels

AFP/Getty

Just over a year later, Google bought the site for $1.65 billion and the fortunes of Karim, his co-founders, and countless future content creators were changed forever.

There are now hundreds of hours of video published to YouTube every minute and it all started with that 18-second clip at the zoo. AC

Arthur C Clarke famously quipped that any sufficiently advanced technology is indistinguishable from magic. But there is surely nothing more like magic and no magic more powerful than the fact that the 21st century has brought the ability to instantly connect to information and people at the other side of the world.

First, at the beginning of the century, came 3G, and then 10 years or so later came 4G. Every decade of this century has been marked by new advances in the speed and reliability of mobile data connections.

And those mobile data connections have helped re-write the world that relies on them. Just about every other major breakthrough in technology that came through the 2000s social media, instant photo sharing, citizen journalism and everything else relied on having data connections everywhere.

5G which has ostensibly already rolled out, but is yet to make its full impact is likely to be similarly transformative through the decade to come, if its evangelists are to be believed.

Debates have raged about whether this constant connectivity and the distractions and dangers it has brought has really driven us apart. But that too is surely testament to its power. AG

Many of technologys biggest developments in the 2000s havent really been about technology at all: piracy and then streaming changed how we make and consume culture entirely, social media has turned politics on his head. Nowhere is that more clear than in the gig economy and the apps and websites like Uber, Deliveroo and Airbnb that power it, which claim to be tech businesses but are really new ways of buying and selling labour.

The real revolution of the gig economy was not the technology that powers these apps: there is little difference between calling for a cab and summoning an Uber, really. Nor was it what the companies like to suggest, that they have opened up a new and inspiring way of working that allows anyone to clock on whenever they log on.

Instead, it was the beginning of a process of changing the way that people work and relate to those who fulfil services for them. It is likely that we have not seen the end of the kinds of profound changes that these companies have made to working conditions or the ways that those workers have fought back. AG

Virtual reality has been the future before: ever since the first stereoscopes, people have been excited about the possibility of disappearing into other worlds that appear before their eyes. But it has never quite arrived.

But in the more recent years of the 2000s it started to look a bit more meaningful. Virtual reality headsets have been pushed out by many of the worlds biggest companies, and consumer computers are finally powerful enough to generate believable worlds that people are happy to spend their time in.

In recent years, much of the focus has turned to augmented reality rather than virtual reality. That technology allows information to be overlaid on top of the real world, rather than putting people into an entirely virtual world. If it comes off if it is not confined to failed experiments like Google Glass then it could change the way we interact with the world, potentially giving us information all of the time and could even do away with things like smartphones as our primary way of connecting with technology. AG

Quantum computing has not really happened yet. A few months ago, researchers announced that they had achieved quantum supremacy by doing an operation that would not be possible on a traditional computer but it was a largely useless, very specific, operation, which didnt really change anything in itself.

Already, however, the promise and the threat of quantum computing is changing the world. It looks set to upend all of our assumptions about computers, allowing them to be unimaginably fast and do work never thought possible. It could unlock new kinds of health research and scientific understanding; it could also literally unlock encryption, which currently relies on impossible calculations that could quickly become very possible with quantum computers.

A new era of computing could bring about a 'quantum apocalypse' (iStock)

It isnt clear when it will arrive, of course; like other potentially revolutionary technologies, it could take a very long time or never arrive at all. But it is sitting there in the future, ready to turn everything on its head and, as researchers rush to understand it, it is already changing the world. AG

No vision of the future would be complete without the ability to speak to and control your home. And now it seems like we are finally living in it.

Through the 2000s, just about everything came to be hooked up to the internet: you could buy smart kettles, internet-enabled doorbells, and a video camera for every room in your house. And to control them came microphones and speakers that you put in your house and could talk to.

But as the smart home and the voice assistants that power it have soared in popularity, they have been beset by concerns, too. Is giving over control of your home to internet-enabled devices safe, when those devices can break down or be seized by hackers? Should we be allowing internet giants like Amazon and Google to put microphones in our home? As we enter the new decade, it looks like our homes are set to be defined not by the capabilities the technology in our homes give us but who we want to have power over them. AG

Before there was Spotify, there was Napster, and before people were watching movies on Netflix, they were downloading them through PirateBay. Piracy has been one step ahead of legal ways to consume media but in doing so it has led the way for new platforms that now dominate our online lives.

Streaming has not only changed the way we listen to music and watch films, it has also given rise to new ways to create content. Live streaming video games on Twitch is one of the fastest growing mediums, while live video broadcasts through Facebook, Twitter and YouTube give people instant access to everything from street protests to rocket launches.

The Pirate Bay's latest venture into streaming comes despite battling takedown attempts by authorities for more than a decade (Reuters)

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The 20 technologies that defined the first 20 years of the 21st Century - The Independent