Shaping the Future: Three Top Technology Trends

CIBC Private Wealth US

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4+ y ago 8:48

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Innovation in technology is moving forward at a remarkable speed. Just a few short years ago, the average person simply couldn’t conceive of 3-D printed houses, zerocarbon natural gas, brain-computer interface or swallowable medical devices.

“The tech sector is more dynamic today than it’s been in the past 20+ years I’ve been covering it. You hear the word ‘disruptive’ used regarding every technology there is—and it’s true. Technology is inherently disruptive. That term is not overused. Certainly, artificial intelligence has the potential to be very disruptive in ways we haven’t yet seen. On the other hand, the ubiquitous and now 35-year-old Excel spreadsheet was mightily disruptive, and it’s easy to forget that.”

- Phil Lorenz, CFA, equities analyst for CIBC Private Wealth.

Not all tech investment opportunities are as amazing as a 3-D printed house. Some are as ordinary looking as a metal box on a light pole, but with the promise of bringing about one of the biggest communication transformations we’ve seen. Here are three top trends in technology and the potential they offer.