Day 1443 Augmented Reality Industry Impact Ask Gramps

Published: July 31, 2020, 7 a.m.

Welcome to Day 1443 of our Wisdom-Trek, and thank you for joining me.This is Guthrie Chamberlain, Your Guide to WisdomAugmented Reality \u2013 Industry Impact \u2013 Ask GrampsWisdom - the final frontier to true knowledge.\xa0Welcome to Wisdom-Trek! Where our mission is to create a legacy of wisdom, to seek out discernment and insights, to boldly grow where few have chosen to grow before. Hello, my friend, I am Guthrie Chamberlain, your captain on our journey to increase Wisdom and Create a Living Legacy.\xa0Thank you for joining us today as we explore wisdom on our 2nd millennium of podcasts. Today is Day 1443 of our Trek, and our focus on Fridays is the future technological and societal advances, so we call it Futuristic Fridays.\xa0My personality is one that has always been very future-oriented.\xa0Since my childhood, I have yearned for the exploration and discovery of new technologies and advancements for the future.\xa0I grew up with the original Star Trek series, and even today, while I am on my 64th revolution around the sun, I still dream of traveling in space. Each week we will explore rapidly converging technologies and advancements, which will radically change our lives.\xa0At times, the topics may sound like something out of a science fiction novel, but each area that we explore is already well on its way of becoming a reality over the next couple of decades.


To keep with our theme of \u201cAsk Gramps,\u201d I will put our weekly topics in the form of a question to get us on track.\xa0So this week\u2019s question is:\xa0Hey Gramps, I understand that Augmented Reality will have a significant impact on our lives, but can you share how it may impact specific industries?\xa0


Augmented Reality \u2013 Industry ImpactLast week on Futuristic Friday, we explored hardware and apps that are used as instruments for Augmented Reality (AR). Today, we will focus on a few specific industries which will be most impacted with AR. Our world is in a disruptive mode, which will speed up the exponential technology that is changing our world today. I am using some of the information mentioned in Peter Diamandis\u2019s blogs and book \u201cThe Future is Faster Than You Think.\u201d


Augmented Reality (AR) has already exceeded over 2,000 AR apps on over\xa01.4 billion\xa0active iOS devices. Even if on a rudimentary level, the technology is now permeating the consumer products space.


And in just the next four years, the International Data Corporation (IDC) forecasts AR headset production will surge\xa0141 percent\xa0each year, reaching a whopping 32 million units by 2023.


AR will soon serve as a surgeon\u2019s assistant, a sales agent, and an educator, personalized to your kids\u2019 learning patterns and interests.


I\u2019m doing a deep dive into\xa0AR\u2019s most exciting industry applications, poised to hit the market in the next 5-10 years.


Let\u2019s dive in.


Healthcare(1) Surgeons and physicians:\xa0


Whether through detailed and dynamic anatomical annotations or visualized patient-specific guidance, AR will soon augment every human medical practitioner.


To start, AR is already being used as a diagnosis tool. SyncThink, recently hired by Magic Leap, has developed eye-tracking technology to diagnose concussions and balance disorders. Yet another startup, XRHealth, launched its ARHealth platform on Magic Leap to aid in rehabilitation, pain distraction, and psychological assessment.


Moreover, surgeons at the Imperial College London have used Microsoft\u2019s HoloLens 1 in pre-operative reconstructive and plastic surgery procedures, which typically involves using CT scans to map blood vessels that supply vital nutrients during surgery.


As explained by the project\u2019s senior researcher, Dr. Philip Pratt, \u201cWith the HoloLens, we\u2019re now doing the same kind of [scan] and then processing the data captured to make it suitable to look at. That means we end up with a silhouette of a limb, the location of the injury, and the course of the vessels