The current technological advancements are focused on altering our work environments. The most recent of these is smart spaces, which are inextricably linked to the growth of the IoT, or Internet of Things. According to Frederick Grippo, by 2020, one billion people will be displaced from their fixed desks. These personalized areas will benefit 13% of the world's population. 5G, the most recent advancement in mobile technology, is also included.
These technologies are being used across a broad range of businesses, resulting in a high demand for competent individuals. According to a recent study, AI, machine learning, and automation would provide 9% of new jobs in the United States by 2025. Robotic process automation, or RPA, is another technology development that automates repetitive operations. It is likely to open new doors for firms looking to boost productivity and minimize expenses. Automation will continue to change the workforce, reshaping how we live, work, and play.
In the near future, blockchain-based transactions will become ubiquitous. Frederick Grippo highlighted the fact that one company, Magnum Real Estate Group, has listed three retail units in Manhattan's Upper East Side for Bitcoin, demonstrating the practicality of decentralized ledgers. While blockchain-based transactions are expected to change the financial industry, other sectors will keenly monitor the technology's progress. Blockchain-based transactions have the potential to have a substantial impact on cybersecurity. With scary news tales of data breaches emerging on a daily basis, cybersecurity is more critical than ever.
Self-driving automobiles are now a reality. Waymo, a division of Google, began testing autonomous vehicles two years ago. These vehicles may eventually become the primary mode of transportation. Legislators in the United States are currently adjusting to this technological breakthrough. Along with driverless vehicles, AI and healthcare technology have developed an unbreakable bond. While the two technologies were formerly entirely isolated, they have collaborated to help people live safer, healthier lives.
Governments will be able to monitor their citizens more effectively and efficiently in the hyperconnected future. Additionally, it will give them with additional control mechanisms. Governments and corporate groups will have unparalleled access to personal information about citizens. As a result, authoritarian regimes will be able to monitor and deanonymize their citizens for their own purposes. They will need to pursue strategies that foster such growth. They will be left behind and without a chance to compete if they do not.
With the proliferation of IoT devices, the use of edge computing will continue to expand. Frederick Grippo emphasized that, this sort of computing enables firms to run more efficiently, increase response times, and conserve bandwidth. In 2022, edge computing will be a massive technology trend, bringing data storage closer to enterprises. It enables faster data processing, decreased latency, and faster response times. Additionally, it is a growing trend that should be incorporated into your business's growth strategy.
The importance of smart home automation will continue to grow. It will enable communication and information sharing between linked devices. The internet of Things will have a profound effect on our society, and many telecom companies are already working on 5G applications. By 2024, it will reach 40% of the globe and process 25% of all mobile traffic data. These advancements bode well for the technological future. And as long as we continue to leverage current technological developments, we will be well-positioned for years to come.
The race for technical supremacy is inextricably tied to the evolution of geopolitics. China's growth has exacerbated societal rivalries. To maintain broad technology leadership, decades of long-term investment and visionary leadership will be required. While state-led economies will undoubtedly have an advantage in terms of resource allocation, they will likely lack the benefits associated with a more open environment. These technologies will enable businesses to maximize the value of existing data sources. For instance, a data fabric enables data to flow effortlessly from disparate sources and to be integrated. When combined with cybersecurity mesh, data fabric enables organizations to slash data administration time by up to 70%.
Additionally, educators are utilizing emerging technology to create more individualized and engaging learning environments. E-learning platforms have been able to keep up with the growing demands of today's educators by automating repetitive tasks. Due to the pandemic, distance learning became the norm, resulting in a boom in e-learning platforms that enable educators to offer instructional content to their students online. Finally, digital education trends are critical for business and society's future success.