Sarah Travers
The ever-evolving landscape of technology witnessed several groundbreaking developments in 2023 that have had a profound impact on the business world. As we delve into the top business technology stories that defined the year, it becomes clear that innovation remains a constant force of change.
AI: A Delicate Balance
AI took center stage in 2023, with major tech giants enthusiastically showcasing their AI capabilities and plans. However, amidst the excitement, a cautionary tale emerged when attorney Steven Schwartz’s reliance on ChatGPT led to a legal setback. Schwartz had employed AI to draft a legal brief, citing nonexistent legal precedents. This incident serves as a vital reminder that while AI holds great promise, relying entirely on it to replace human judgment must be approached with care.
The year also witnessed a significant surge in investments in AI startups, even as overall startup investments declined. The driving force behind this growth was the proliferation of AI-driven ventures, promising groundbreaking innovations and substantial returns for investors.
Small Business Cybersecurity Challenges
In 2023, small businesses bore the brunt of cyberattacks, with a staggering 73% reporting security incidents. Alarmingly, fewer than 30% of these businesses followed recommended security practices, highlighting the urgent need for enhanced cybersecurity measures.
The Decline of Traditional Passwords
Both Google and Microsoft embarked on a mission to phase out traditional passwords throughout 2023. Instead, they embraced more secure passkeys, enhancing security and simplifying the login process. This shift promises a future where users no longer need to remember complex passwords.
Apple’s Transition to USB-C
In a significant move, Apple bid farewell to its iconic Lightning ports and adopted USB-C chargers for the iPhone 15. This transition was prompted by an EU mandate aimed at reducing electronic waste and standardizing charging for users across various Apple devices.
Threads: A Novel Social Platform
Instagram introduced Threads in July, a novel social platform that gained attention for its seamless migration of users and their followers from Instagram. Although its initial popularity may have waned, Threads remains a potential contender in the social media landscape, making it a noteworthy consideration for business owners.
Microsoft’s Windows 11 Migration Tool
In May, Microsoft introduced Restore Apps for Windows 11, simplifying the process of transferring data from old to new PCs. This tool has been hailed as a game-changer for businesses planning to upgrade from earlier Windows versions, streamlining the migration process and potentially saving significant resources.
IKEA’s Drone Integration
IKEA embraced drone technology with 100 drones operating in its warehouses, streamlining inventory control and aiding workers in various tasks. Beyond warehousing, drones are proving to be versatile tools, with potential applications in construction, real estate, and more.
Advancements in Robotics
In January, Boston Dynamics unveiled an upgraded version of Atlas, the world’s most advanced humanoid robot, now equipped with gripping hands for performing tasks. The broader field of robotics is evolving rapidly, with costs decreasing, making AI-powered robots increasingly accessible to various industries. These advancements are reshaping how businesses operate, reducing the reliance on human labor for specific tasks.
As we bid farewell to 2023, these top business technology stories serve as a reminder that the world of innovation continues to push boundaries, presenting both opportunities and challenges for businesses worldwide.
