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The technologies facing extinction

17/07/2017
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Within ten years a range of technologies such as keys, cash and parking meters could be facing extinction.

The rate of technological change continues to amaze us, and whilst we enjoy new gadgets and innovations it also means we will have to say goodbye to some trusted technologies that have been around for a very long time.

A variety of futurists and think-tanks in recent years have made forecasts of the technology innovations and trends to watch over the course of the next decade. We’ve take a look at some of these predictions and have created a list of the 5 technologies that we think are the most likely to become obsolete during the next 10 years.
Connected cars and smart city infrastructure could sound the death knell for the parking meter
Parking Meters
The rise of connected cars means that in the future you won’t have to worry about finding change for the meter. Cars of the future will be able to communicate directly with your parking spot and arrange for charges to be paid automatically from your bank account. Parking meters have been around since 1928, but connected cars and smart city infrastructure look set to put meters into retirement.
The growth of contactless payment systems, Apply Pay and Android Pay is usurping cash
Cash
Admittedly not so much a technology as a means of exchange, cash looks set to be another victim of technological innovation. The growth of contactless payment systems, Apply Pay and Android Pay means that humble notes and coins are falling out of favour with consumers. Countries such as Sweden have already almost phased out the use of cash entirely. Within a decade cash and coins may have no place in the wallets and purses of the average person.
If cash disappears then so too do ATMs
Banks & ATMs
Following on from the imminent demise of cash, the future of the ATM is looking bleak. Once cash has disappeared from general circulation there will be little left for ATMs to do. A staple of the banking industry since 1970s, expect ATMs to vanish from high streets. Banks should also be worried too. Online banking, call centres and the ability to pay in cheques and other forms of hard currency online are increasingly making trips to a bricks-and-mortar bank branch unnecessary.
Keys are already disappearing from cars, it won't be long before they are no longer needed to access homes and offices either
Keys
DNA, iris and finger-print recognition security systems are moving from the realm of science fiction to reality. The result is that the key, a security technology in use since the Romans, could be reaching the end of the road. Already keys are disappearing from the majority of new cars. By the end of the decade don’t expect to be using keys to enter your home or office…
Augmented Reality and Virtual Reality are challenging the TV
You might think that your ultra-thin, sleep plasma or LCD TV is the epitome of cutting-edge technology. Well think again. Augmented Reality (AR) and Virtual Reality (VR) will revolutionise the viewing experience- making the traditional TV experience seem tame and unsatisfactory by comparison. Apple, Samsung and others are investing heavily in developing VR and AR so that it becomes affordable and accessible to mainstream consumers.

A future of disruptive innovation

These are just 5 of the technologies that we can see disappearing in the coming decade.

Naturally, the future is hard to predict! Some of these technologies may cling-on, whilst other, seemingly future-proof technologies, could disappear overnight.

Are there any technologies that you think will disappear within the next decade that we haven’t listed here? Let us know in the comments below…
 
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