Trend Megatrend 5: rapid technological development and hyperconnectivity

Summary

The fifth megatrend in the Megatrends 2040 report centres on fast-moving technology and hyperconnectivity. Progress in genetics, nanotechnology, robotics, artificial intelligence, photonics, quantum mechanics and other emerging fields is accelerating, along with the synergies among them. Exponential technological change reshapes economic models, creates new business realities and alters consumer behaviour, social structures and educational needs. It also demands broader business and political strategies and quick responses from regulators, oversight bodies and legislators. The report highlights security, ethics, the digital divide, space-based defence and a geostrategic contest over research as key issues.