What is the definition of technological forecasts?

Technological forecasts refer to the process of predicting future technological advancements and their potential impact on various industries and societies. It involves utilizing data, expert opinions, historical trends, and other analytical tools to forecast the development and deployment of new technologies. Technological forecasts are aimed at helping businesses, policymakers, and individuals make informed decisions by understanding the trajectory of technological progress. These forecasts provide insights into emerging technologies, potential disruptions, and opportunities that arise from advancements in fields such as artificial intelligence, biotechnology, renewable energy, and nanotechnology. By understanding technological forecasts, organizations can anticipate challenges, plan investments, and stay competitive in an ever-evolving technological landscape.

This mind map was published on 16 November 2023 and has been viewed 47 times.