Key Highlights
- This concluding summary of Tim and Julie Harris’s BOLD predictions for 2021 focuses on technology and AI advancements and the revival of real conversations
The COVID-19 pandemic inspired and necessitated that scientists create solutions to deadly problems at a pace never before seen (or believed possible) in medicine and technologies. Not only did COVID inspire and necessitate a COVID vaccine, it inspired several scientific and pharmaceutical entities to create multiple solutions via multiple vaccines. And, as importantly, COVID inspired consumers to embrace medical tech solutions and non-medical tech solutions faster than ever before.
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For example, things such as remote working was “around” prior to the pandemic but the pandemic necessitated and inspired consumers and employers to embrace remote working. Videoconferencing was “around” prior to the pandemic but the pandemic necessitated and inspired consumers to embrace videoconferencing via Zoom and others.
We could cite multiple examples here but you get the picture. Consumers, employers, real estate agents/brokers/clients, etc. will not go back to having to be in an office to execute contract signings or having to fly to an international destination to see an international property. Tim and Julie predict that such technologies are here to stay and that those technologies will only come and be embraced faster and faster into 2021 and beyond.
Speaking of technologies, AI or Artificial Intelligence is here, as promised. AI is now enabled due to Quantum Computing. All the 2.5 exa-bytes of data (equivalent to content of 5M computers or 250,000 Libraries of Congress) we generate daily from 3.2 global internet users every minute plus all the daily documents/accounts/photos we create must go somewhere. And that “somewhere” is our traditional data processing computers that are now stretched to their respective limits.
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The race to launch a viable sustainable quantum computer to hold and process all this data is on. Google claims it now has a quantum computer that is 100 million times faster and more powerful than our existing computer systems. Tim and Julie believe that 2021 will be the year that we see such a quantum computer launched by Google or some other giant tech behemoth. The fact is that we need such a quantum computer solution…we need AI…our data demands it just as COVID-19 demanded a medical solution.
In closing this summary of Tim and Julie’s BOLD Predictions for 2021 – Part III, we close with the need to and the return to the art of having real conversations. Be those face-to-face conversations be in real-time or via video connections such as Zoom, AppleGlass, whatever 5G or 6G solution, people are longing for real, honest, meaningful conversations with real, honest, caring people in the midst of super-speed connectivity.
Tim and Julie believe that real estate agents/brokers who know how to truly communicate with their clients in a meaningful way will have a definite, advantageous leg-up with their clients.
Learn more from Tim and Julie about their BOLD Predictions for 2021 by going to their podcasts at Tim & Julie Harris® Real Estate Coaching Radio.
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