Among the healthcare technologies venture firms be looking at most closely at in 2020, various artificial intelligence and machine learning applications are atop this list, of course. But so are more nuts-and-bolts tools like administrative process automation and patient engagement platforms, VCs say.

Other, more leading-edge technologies genomics-focused data and analytics, and even quantum computing are among the areas attracting investor interest this year.

"We expect 2020 to mark the first year where health IT venture firms will start to look at quantum computing technology for upcoming solutions," Dr. Anis Uzzaman, CEO and general partner of Pegasus Tech Ventures, told Healthcare IT News.

"With the breakthrough supremacy announcement from Google validating the technology and the subsequent launch of the service Amazon Braket in 2019, there is sure to be a new wave of entrepreneurial activity starting in 2020."

He said quantum computing technology holds a lot of promise for the healthcare industry with potential breakthroughs possible throughout the health IT stack from operations and administration to security.

Among the promising companies, Uzzaman pointed to Palo Alto-based QC Ware, a startup pioneering a software solution that enables companies to use a variety of quantum hardware platforms such as Rigetti and IBM to solve a variety of enterprise problems, including those specifically related to healthcare.

He also predicted artificial intelligence would continue to be at the forefront for health IT venture firms in 2020 as it becomes more clear which startups may be winners in their initial target sectors.

"There has been consistent growth of investment activity over the past few years into healthcare startups using artificial intelligence to target a range of areas from imaging to diagnostics," he said.

However, Uzzaman also noted regulation and long enterprise sales cycles have largely slowed the ability for these companies to significantly scale their revenues.

"Therefore, we anticipate 2020 will be the year where it will become clearer to health IT venture firms who will be winners in applying artificial intelligence to imaging, pathology, genomics, operations, diagnostics, transcription, and more," he said. "We will also continue to see moderate growth in the overall investment amount in machine learning and AI companies, but will see a notable decrease in the number of companies receiving an investment.

Uzzaman explained there were already some signs in late 2019 that there could be late in a short-term innovation cycle for artificial intelligence with many companies, particularly those applying machine learning and AI to robotics, shutting down.

"However, we anticipate many companies will reach greater scale with their solutions and separate themselves from the competition, which will translate into more mega funding rounds," he said.

Ezra Mehlman, managing partner with Health Enterprise Partners, explained that at the beginning of each year, the firm conducts a market mapping exercise to determine which healthcare IT categories are rising to the top of the prioritization queue of its network of hospital and health plan limited partners.

"In the past year, we have seen budgets meaningfully open for automation solutions in administrative processing, genomics-focused data and analytics offerings, aging-in-place technologies and, in particular, patient engagement platforms rooted in proven clinical use cases," he said. "We are actively looking at all of these spaces."

He pointed out that in 2018, more than $2 billion was invested into artificial intelligence and machine learning healthcare IT companies, which represented a quarter of the total dollars invested into digital health companies that year.

"We view this as a recognition of two things: the meteoric aspirations that the market has assigned to AI and machine learning's potential, and a general sense that the underlying healthcare data infrastructure has reached the point of maturity, where it is possible to realize ROI from AI/machine learning initiatives," he said.

However, he said Health Enterprise Partners is still waiting for the "breakout" to occur in adoption.

"We believe we have now reached the point where category leaders will emerge in each major healthcare AI subsector and the usage will become more widespread we have made one such investment in the clinical AI space in the last year," Mehlman said.

Heading into 2020, Mehlman said companies that cannot deliver high-six-figure, year-one ROI in the form of increased revenue or reduced cost will struggle, and companies that cannot crisply answer the question, "Who is the buyer and what is the budget?" will be challenged.

"If one applies these tests to some of the areas that have attracted the most healthcare VC investment--social determinants of health, blockchain and digital therapeutics to name a few the number of viable companies sharply drops off," he said.

Mehlman noted that while these sound like simple principles, the current environment of rapidly consolidating, budget-constrained hospitals, vertically integrating health plans, and big tech companies making inroads into healthcare has raised the bar on what is required for a healthcare startup to gain meaningful market traction.

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Healthcare venture investment in 2020: Quantum computing gets a closer look - Healthcare IT News

Delta Air Lines is embarking on a multi-year collaborative effort with IBM including joining theIBM Q Networkto explore the potential capabilities of quantum computing to transform experiences for customers and employees.

"Partnering with innovative companies like IBM is one way Delta stays on the leading edge of tech to better serve our customers and our people, while drawing the blueprints for application across our industry," saidRahul Samant, Delta's CIO. "We've done this most recently with biometrics in our international terminals and we're excited to explore how quantum computing can be applied to address challenges across the day of travel."

TheIBM Q Network is a global community of Fortune 500 companies, startups, academic institutions and research labs working to advance quantum computing and explore practical applications.

Additionally, through theIBM Q Hub at NC State University, Delta will have access to the IBM Q Network's fleet of universal hardware quantum computersfor commercial use cases and fundamental research, including the recently-announced 53-qubit quantum computer, which, the company says, has the most qubits of a universal quantum computer available for external access in the industry, to date.

"We are very excited by the addition of Delta to our list of collaborators working with us on building practical quantum computing applications," said director of IBM ResearchDario Gil. "IBM's focus, since we put the very first quantum computer on the cloud in 2016, has been to move quantum computing beyond isolated lab experiments conducted by a handful of organizations, into the hands of tens of thousands of users. We believe a clear advantage will be awarded to early adopters in the era of quantum computing and with partners like Delta, we're already making significant progress on that mission."

For more information about the IBM Q Network, go to http://www.ibm.com/quantum-computing/network/overview

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Delta Partners with IBM to Explore Quantum Computing - Database Trends and Applications

BEIJING, Jan. 21, 2020 The 2020 ASC Student Supercomputer Challenge (ASC20) announced the tasks for the new season: using supercomputers to simulate Quantum circuit and training AI models to take English test. These tasks can be unprecedented challenges for the 300+ ASC teams from around the world. From April 25 to 29, 2020, top 20 finalists will fiercely compete at SUSTech in Shenzhen, China.

ASC20 set up Quantum Computing tasks for the first time. Teams are going to use the QuEST (Quantum Exact Simulation Toolkit) running on supercomputers to simulate 30 qubits in two cases: quantum random circuits (random.c), and quantum fast Fourier transform circuits (GHZ_QFT.c). Quantum computing is a disruptive technology, considered to be the next generation high performance computing. However the R&D of quantum computers is lagging behind due to the unique properties of quantum. It adds extra difficulties for scientists to use real quantum computers to solve some of the most pressing problems such as particle physics modeling, cryptography, genetic engineering, and quantum machine learning. From this perspective, the quantum computing task presented in the ASC20 challenge, hopefully, will inspire new algorithms and architectures in this field.

The other task revealed is Language Exam Challenge. Teams will take on the challenge to train AI models on an English Cloze Test dataset, vying to achieve the highest test scores. The dataset covers multiple levels of English language tests in China, including the college entrance examination, College English Test Band 4 and Band 6, and others. Teaching the machines to understand human language is one of the most elusive and long-standing challenges in the field of AI. The ASC20 AI task signifies such a challenge, by using human-oriented problems to evaluate the performance of neural networks.

Wang Endong, ASC Challenge initiator, member of the Chinese Academy of Engineering and Chief Scientist at Inspur Group, said that through these tasks, students from all over the world get to access and learn the most cutting-edge computing technologies. ASC strives to foster supercomputing & AI talents of global vision, inspiring technical innovation.

Dr. Lu Chun, Vice President of SUSTech host of the ASC20 Finals, commented that supercomputers are important infrastructure for scientific innovation and economic development. SUSTech makes focused efforts on developing supercomputing and hosting ASC20, hoping to drive the training of supercomputing talent, international exchange and cooperation, as well as inter discipline development at SUSTech.

Furthermore, during January 15-16, 2020, the ASC20 organizing committee held a competition training camp in Beijing to help student teams prepare for the ongoing competition. HPC and AI experts from the State Key Laboratory of High-end Server and Storage Technology, Inspur, Intel, NVIDIA, Mellanox, Peng Cheng Laboratory and the Institute of Acoustics of the Chinese Academy of Sciences gathered to provide on-site coaching and guidance. Previous ASC winning teams also shared their successful experiences.

About ASC

The ASC Student Supercomputer Challenge is the worlds largest student supercomputer competition, sponsored and organized by Asia Supercomputer Community in China and supported by Asian, European, and American experts and institutions. The main objectives of ASC are to encourage exchange and training of young supercomputing talent from different countries, improve supercomputing applications and R&D capacity, boost the development of supercomputing, and promote technical and industrial innovation. The annual ASC Supercomputer Challenge was first held in 2012 and has since attracted over 8,500 undergraduates from all over the world. Learn more ASC athttps://www.asc-events.org/.

Source: ASC

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ASC20 Finals to be Held in Shenzhen, Tasks Include Quantum Computing Simulation and AI Language Exam - HPCwire

The world of quantum is the world of the very, very small. At sizes near those of atoms and smaller, the rules of physics start morphing into something unrecognizableat least to us in the regular world. While quantum physics seems bizarre, it offers huge opportunities.

Quantum physics may hold the key to vast technological improvements in computing, sensing, and communication. Quantum computing may be able to solve problems in minutes that would take lifetimes on todays computers. Quantum sensors could act as extremely high-powered antennas for the military. Quantum communication systems could be nearly unhackable. But we dont have the knowledge or capacity to take advantage of these benefitsyet.

The Department of Energy (DOE) recently announced that it will establish Quantum Information Science Centers to help lay the foundation for these technologies. As Congress put forth in the National Quantum Initiative Act, the DOEs Office of Science will make awards for at least two and up to five centers.

These centers will draw on both quantum physics and information theory to give us a soup-to-nuts understanding of quantum systems. Teams of researchers from universities, DOE national laboratories, and private companies will run them. Their expertise in quantum theory, technology development, and engineering will help each center undertake major, cross-cutting challenges. The centers work will range from discovery research up to developing prototypes. Theyll also address a number of different technical areas. Each center must tackle at least two of these subjects: quantum communication, quantum computing and emulation, quantum devices and sensors, materials and chemistry for quantum systems, and quantum foundries for synthesis, fabrication, and integration.

The impacts wont stop at the centers themselves. Each center will have a plan in place to transfer technologies to industry or other research partners. Theyll also work to leverage DOEs existing facilities and collaborate with non-DOE projects.

As the nations largest supporter of basic research in the physical sciences, the Office of Science is thrilled to head this initiative. Although quantum physics depends on the behavior of very small things, the Quantum Information Science Centers will be a very big deal.

The Office of Science is the single largest supporter of basic research in the physical sciences in the United States and is working to address some of the most pressing challenges of our time. For more information, please visit https://www.energy.gov/science.

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New Centers Lead the Way towards a Quantum Future - Energy.gov

IBM and the University of Tokyo announced an agreement to partner to advance quantum computing and make it practical for the benefit of industry, science and society.

IBM and theUniversity of Tokyowill form theJapan IBM Quantum Partnership, a broad national partnership framework in which other universities, industry, and government can engage. The partnership will have three tracks of engagement: one focused on the development of quantum applications with industry; another on quantum computing system technology development; and the third focused on advancing the state of quantum science and education.

Under the agreement, anIBM Q System One, owned and operated by IBM, willbe installed in an IBM facility inJapan. It will be the first installation of its kind in the region and only the third in the world followingthe United StatesandGermany. The Q System One will be used to advance research in quantum algorithms, applications and software, with the goal of developing the first practical applications of quantum computing.

IBM and theUniversity of Tokyowill also create a first-of-a-kind quantumsystem technology center for the development of hardware components and technologies that will be used in next generation quantum computers. The center will include a laboratory facility to develop and test novel hardware components for quantum computing, including advanced cryogenic and microwave test capabilities.

IBM and theUniversity of Tokyowill also directly collaborateon foundational research topics important to the advancement of quantum computing, and establish a collaboration space on the University campus to engage students, faculty, and industry researchers with seminars, workshops, and events.

Developed byresearchers and engineers fromIBM Researchand Systems, the IBM Q System One is optimized for the quality, stability, reliability, and reproducibility of multi-qubit operations. IBM established theIBM Q Network, a community of Fortune 500 companies, startups, academic institutions and research labs working with IBM to advance quantum computing and explore practical applications for business and science.

Advances in quantum computing could open the door to future scientific discoveries such as new medicines and materials, improvements in the optimization of supply chains, and new ways to model financial data to better manage and reduce risk.

TheUniversity of Tokyowill lead theJapan IBM Quantum Partnership and bring academic excellence from universities and prominent research associations together with large-scale industry, small and medium enterprises, startups as well as industrial associations from diverse market sectors. A high priority will be placed on building quantum programming as well as application and technology development skills and expertise.

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IBM And University Of Tokyo Launch Quantum Computing Initiative For Japan - E3zine.com

The past decade saw technological advancements that transformed how we work, live, and learn. The next one will bring even greater change as quantum computing, cloud computing, 5G, and artificial intelligence mature and proliferate. These changes will happen rapidly, and the work to manage their impact will need to keep pace.

This session at the World Economic Forum, in Davos, Switzerland, brought together industry experts to discuss how these technologies will shape the next decade, followed by a panel discussion about the challenges and benefits this era will bring and if the world can control the technology it creates.

Henry Blodget, CEO, cofounder, and editorial director, Insider Inc.

This interview is part of a partnership between Business Insider and Microsoft at the 2020 World Economic Forum. Business Insider editors independently decided on the topics broached and questions asked.

Below, find each of the panelists most memorable contributions:

Julie Love believes global problems such as climate change can potentially be solved far more quickly and easily through developments in quantum computing.

She said: We [Microsoft] think about problems that were facing: problems that are caused by the destruction of the environment; by climate change, and [that require] optimization of our natural resources, [such as] global food production.

Its quantum computing that really a lot of us scientists and technologists are looking for to solve these problems. We can have the promise of solving them exponentially faster, which is incredibly profound. And that the reason is this: [quantum] technology speaks the language of nature.

By computing the way that nature computes, theres so much information contained in these atoms and molecules. Nature doesnt think about a chemical reaction; nature doesnt have to do some complex computation. Its inherent in the material itself.

Love claimed that, if harnessed in this way, quantum computing could allow scientists to design a compound that could remove carbon from the air. She added that researchers will need to be really pragmatic and practical about how we take this from, from science fiction into the here-and-now.

I believe the future of AI is actually interdependence, collaboration, and cooperation between people and systems, both at the macro [and micro] levels, said Cassell, who is also a faculty member of the Human-Computer Interaction Institute at Carnegie Mellon University.

At the macro-level, [look], for example, at robots on the factory floor, she said. Today, theres been a lot of fear about how autonomous they actually are. First of all, theyre often dangerous. Theyre so autonomous, you have to get out of their way. And it would be nice if they were more interdependent if we could be there at the same time as they are. But also, there is no factory floor where any person is autonomous.

In Cassells view, AI systems could also end up being built collaboratively with experts from non-tech domains, such as psychologists.

Today, tools [for building AI systems] are mostly machine learning tools, she noted. And they are, as youve heard a million times, black boxes. You give [the AI system] lots of examples. You say: This is somebody being polite. That is somebody being impolite. Learn about that. But when they build a system thats polite, you dont know why they did that.

What Id like to see is systems that allow us to have these bottom-up, black-box approaches from machine learning, but also have, for example, psychologists in there, saying thats not actually really polite, or its polite in the way that you dont ever want to hear.'

One thing I constantly wish is that there was a more standardized measurement for everybody to report how much theyre spending per employee on employee training because that really doesnt exist, when you think about it, said Smith, Microsofts president and chief legal officer since 2015.

I think, anecdotally, one can get a pretty strong sense that if you go back to the 1980s and 1990s employers invested a huge amount in employee training around technology. It was teaching you how to use MS-DOS, or Windows, or how to use Word or Excel interestingly, things that employers dont really feel obliged to teach employees today.

Learning doesnt stop when you leave school. Were going to have to work a little bit harder. And thats true for everyone.

He added that this creates a further requirement: to make sure the skills people do pick up as they navigate life are easily recognizable by other employers.

Ultimately, theres a wide variety of post-secondary credentials. The key is to have credentials that employers recognize as being valuable. Its why LinkedIn and others are so focused on new credentialing systems. Now, the good news is that should make things cheaper. It all should be more accessible.

But I do think that to go back to where I started employers are going to have to invest more [in employee training]. And were going to have to find some ways to do it in a manner that perhaps is a little more standardized.

Suri said 5G will be able to help develop industries that go far beyond entertainment and telecoms, and will impact physical or manual industries such as manufacturing.

The thing about 5G is that its built for machine-type communications. When we received the whole idea of 5G, it was how do we get not just human beings to interact with each other, but also large machines, he said.

So we think that there is a large economic boost possible from 5G and 5G-enabled technologies because it would underpin many of these other technologies, especially in the physical industries.

Suri cited manufacturing, healthcare, and agriculture as just some of the industries 5G could help become far more productive within a decade.

He added: Yes, well get movies and entertainment faster, but it is about a lot of physical industries that didnt quite digitize yet. Especially in the physical industries, we [Nokia] think that the [productivity] gains could be as much as 35% starting in the year 2028 starting with the US first, and then going out into other geographies, like India, China, the European Union, and so on.

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Quantum computing, climate change, and interdependent AI: Academics and execs predict how tech will revolutionize the next decade - Business Insider

Several companies are working to advance the technology, according to a new report.

The market for quantum networking is projected to reach $5.5 billion by 2025, according to a new report from Inside Quantum Technology (IQT).

While all computing systems rely on the ability to store and manipulate information in individual bits, quantum computers "leverage quantum mechanical phenomena to manipulate information" and to do so requires the use of quantum bits, or qubits, according to IBM.

SEE:Quantum computing: An insider's guide (TechRepublic)

Quantum computing is seen as the panacea for solving the problems computers are not equipped to handle now.

"For problems above a certain size and complexity, we don't have enough computational power on earth to tackle them,'' IBM said. This requires a new kind of computing, and this is where quantum comes in.

IQT says that quantum networking revenue comes primarily from quantum key distribution (QK), quantum cloud computing, and quantum sensor networks. Eventually, these strands will merge into a Quantum Internet, the report said.

Cloud access to quantum computers is core to the business models of many leading quantum computer companiessuch as IBM, Microsoft and Rigettias well as several leading academic institutions, according to the report.

Microsoft, for instance, designed a special programming language for quantum computers, called Q#, and released a Quantum Development Kit to help programmers create new applications, according to CBInsights.

One of Google's quantum computing projects involves working with NASA to apply the tech's optimization abilities to space travel.

The Quantum Internet network will have the same "geographical breadth of coverage as today's internet," the IQT report stated.

It will provide a powerful platform for communications among quantum computers and other quantum devices, the report said.

And will enable a quantum version of the Internet of Things. "Finally, quantum networks can be the most secure networks ever built completely invulnerable if constructed properly," the report said.

The report, "Quantum Networks: A Ten-Year Forecast and Opportunity Analysis," forecasts demand for quantum network equipment, software and services in both volume and value terms.

"The time has come when the rapidly developing quantum technology industry needs to quantify the opportunities coming out of quantum networking," said Lawrence Gasman, president of Inside Quantum Technology, in a statement.

Quantum Key Distribution (QKD) adds unbreakable coding of key distribution to public key encryption, making it virtually invulnerable, according to the report.

QKD is the first significant revenue source to come from the emerging Quantum Internet and will create almost $150 million in revenue in 2020, the report said.

QKD's early success is due to potential usersbig financial and government organizationshave an immediate need for 100% secure encryption, the IQT report stated.

By 2025, IQT projects that revenue from "quantum clouds" are expected to exceed $2 billion.

Although some large research and government organizations are buying quantum computers for on-premise use, the high cost of the machines coupled with the immaturity of the technology means that the majority of quantum users are accessing quantum through clouds, the report explained.

Quantum sensor networks promise enhanced navigation and positioning and more sensitive medical imaging modalities, among other use cases, the report said.

"This is a very diverse area in terms of both the range of applications and the maturity of the technology."

However, by 2025 revenue from quantum sensors is expected to reach about $1.2 billion.

We deliver the top business tech news stories about the companies, the people, and the products revolutionizing the planet. Delivered Daily

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Quantum networking projected to be $5.5 billion market in 2025 - TechRepublic

A new research centre with the potential to revolutionise computing, communication, sensing and imaging technologies is set to be launched by the University of Sheffield this week (22 January 2020).

The Sheffield Quantum Centre, which will be officially opened by Lord Jim ONeill, Chair of Chatham House and University of Sheffield alumnus, is bringing together more than 70 of the Universitys leading scientists and engineers to develop new quantum technologies.

Quantum technologies are a broad range of new materials, devices and information technology protocols in physics and engineering. They promise unprecedented capabilities and performance by exploiting phenomena that cannot be explained by classical physics.

Quantum technologies could lead to the development of more secure communications technologies and computers that can solve problems far beyond the capabilities of existing computers.

Research into quantum technologies is a high priority for the UK and many countries around the world. The UK government has invested heavily in quantum research as part of a national programme and has committed 1 billion in funding over 10 years.

Led by the Universitys Department of Physics and Astronomy, Department of Electronic and Electrical Engineering and Department of Computer Science, the Sheffield Quantum Centre will join a group of northern universities that are playing a significant role in the development of quantum technologies.

The University of Sheffield has a strong presence in quantum research with world leading capabilities in crystal growth, nanometre scale device fabrication and device physics research. A spin-out company has already been formed to help commercialise research, with another in preparation.

Professor Maurice Skolnick, Director of the Sheffield Quantum Centre, said: The University of Sheffield already has very considerable strengths in the highly topical area of quantum science and technology. I have strong expectation that the newly formed centre will bring together these diverse strengths to maximise their impact, both internally and more widely across UK universities and funding bodies.

During the opening ceremony, the Sheffield Quantum Centre will also launch its new 2.1 million Quantum Technology Capital equipment.

Funded by the Engineering and Physical Sciences Research Council (EPSRC), the equipment is a molecular beam epitaxy cluster tool designed to grow very high quality wafers of semiconductor materials types of materials that have numerous everyday applications such as in mobile phones and lasers that drive the internet.

The semiconductor materials also have many new quantum applications which researchers are focusing on developing.

Professor Jon Heffernan from the Universitys Department of Electronic and Electrical Engineering, added: The University of Sheffield has a 40-year history of pioneering developments in semiconductor science and technology and is host to the National Epitaxy Facility. With the addition of this new quantum technologies equipment I am confident our new research centre will lead to many new and exciting technological opportunities that can exploit the strange but powerful concepts from quantum science.

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University of Sheffield launches Quantum centre to develop the technologies of tomorrow - Quantaneo, the Quantum Computing Source

UncategorizedByJohn Breaux|January 22, 2020

Some say that we are in the midst of a new technological revolution, with emerging technologies taking shape to transform the world we live in. As we step into a new decade, expect to see a handful of amazing advancements in technology that will dramatically shape our society at large.

Weve been told for years that self-driving cars are the future, but this decade will bring us the greatest advancements in this field as of yet. Companies have been researching and testing autonomous fleets of cars for years now, and some are finally gearing up to deploy them in the real world. Tesla has already released a self-driving feature in its popular electric vehicles, while Google-owned Waymo has completed a trial of autonomous taxi systems in California where it successfully transported more than 6000 people.

This radically powerful form of computing will continue to reach more practical applications throughout the decade. Quantum computers are capable of performing exponentially more powerful calculations when compared to traditional computing, but the size and power required to run them makes them difficult to use in a more practical sense. Further research in quantum, computing will allow greater application for solving real-world problems.

Augmenting our bodies with technology will become more common as wearable devices will allow us to improve everything from hearing to sight. Examples include devices and implants that will be able to enhance sensory capabilities, improve health, and contribute to a heightened quality of life and functional performance.

The advent of 5G will perhaps be one of the most impactful technologies for the many starting this year and proceeding onwards. 5G networks will have the capability of connecting us to the digital world in ways weve never had before, affording us blazing fast speeds of nearly 10 Gb/s. The speed of 5G will allow for seamless control of vast autonomous car fleets, precise robotic surgery, or streaming of 4K video with no buffering.

Drones are already a pivotal piece of technology in areas including transportation, surveillance, and logistics. Swarm robotics will be a new multi-robot system inspired by nature that will have major potential in completing tasks with unparalleled efficiency. Applications could include providing post-disaster relief, geological surveying, and even farming. Swarm robotics will be able to accomplish tasks through cooperative behavior while adapting to situations in ways that would not be possible with a single drone.

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5 Emerging Technologies That Will Shape this Decade - San Diego Entertainer Magazine