Millennials (also called Gen Y) have had the best of both worlds - times when technology was not easily accessible to advancements like Artificial Intelligence (AI) and Virtual Reality (VR).
Gen Y and modern-day tech advancements are like those kids who grew up together. The growth took place parallelly and continues to this day.
While millennials take pride in contributing to this growth, they have also been at the receiving end.
5 Popular Technology Trends amongst Millennials
Technological progress comes in various forms. It has taken over every aspect of our daily lives, whether work or leisure.
So, let’s look at some of the most popular technology trends in the millennial generation.
1. Artificial Intelligence (AI) and Machine Learning for Multiple Purposes
From virtual assistants like Alexa to voice recognition, AI has bloomed amongst Gen Y due to its diverse uses.
Machine learning is a practical implementation of AI. It imitates human learning using relevant data and algorithms. Spam detection, malware alerts, and image recognition are some of their common areas of use.
Besides, portable devices, medical sensors, automated surgical robots, and virtual diagnoses are boons to today’s healthcare industry.
Also, QR code-based payment systems significantly boost the entrepreneurial wave amongst millennials.
2. Smart Usable Devices for Entertainment and Leisure
Technology’s charm has made its way into our entertainment activities too. Be it calorie-tracking exercise machines to VR-enabled movies; we have come a long way.
We often look for easy ways to unwind. Some millennials nap while some vape. The flexible features of Disposable vapes, simple and efficient use quickly gained their favor. Brand like Esco Bars has invested heavily in their disposable vape tech and flavors, and they promptly grab market share. Millennials are drawn to advanced features like LED battery level indicators and the rechargeable nature of disposables, making them a widely used product in the market.
Moreover, virtual gaming and smart consoles are every gamer’s dream. In contrast, safer travel using Google (News - Alert) Maps, GPS tracking, and live location sharing is a godsend for many adventurous millennials.
3. Robotics for Business Processes
Robotics is the culmination of technology, science, and engineering. It is an effort to recreate human actions error-free. From manufacturing robots to programming, it encompasses all processes.
In today's fast-paced business world, millennial entrepreneurs prefer using these bots due to their easy automated operations, contributing to lesser waiting time and interaction.
Hence, many brands offering fast-moving consumer goods (FMCG) employ robotics in their business processes to benefit from automated packaging and quick labeling.
Also, Self-checkouts (SCOs) and Assisted Checkouts (ACOs) make shopping easier for tech-savvy Gen Y customers.
4. Blockchain for Security
Blockchain is associated with cryptocurrencies but goes beyond that. It is a digital ledger, a systematic way of recording transactions.
Data is stored here in clusters called blocks. Once the storage capacity is exhausted, it is linked to the preceding block, creating a chain. Thus, decentralization makes data management uncomplicated.
With its broad scope and fresh perspective, blockchain is a rage among millennials. Secure processing of transactions and advanced cyber security are some benefits this generation enjoys.
5. Internet of Things (IoT) for Seamless Communication
The internet is where the world is! Connecting devices amongst themselves and to the internet is the aim here.
The Fourth Industrial Revolution (News - Alert) is believed to rely heavily on IoT. This, along with WiFi and 5G connectivity, will only make businesses a cut above the rest.
Besides, data privacy is a common concern in every sector. But with the help of IoT, platforms can be easily encrypted, preventing cyber crimes. Thus, it creates a safer space for millennials who count on the internet for almost all activities.
Final words
Technology is an extensive concept. But its dynamic nature leaves us amazed every time.
Millennials have witnessed the transition from conventional practices to tech-assisted activities. Even routine activities have become nearly impossible without technology.
It is a way of life now, a smooth-sailing one!
