By Victor Luckerson
April 17, 2015

The ever-increasing hunger for data will fundamentally change the way we live our lives over the next decade. That’s according to a new report by the Institute for the Future, a nonprofit think tank that has released a set of five predictions for the ways tech will change the future.

Personal data will continue to be shared, bought and sold at an ever-quickening pace, perhaps with more benefits to consumers. In the future, people might be able to personally sell info about their shopping habits or health activities to retailers or pharmaceutical companies, according the report. The Internet of Things is also expected to continue to expand, with predictions that everything from cars to coffee cups will be connected to the Internet by 2025.

Increasingly sophisticated algorithms will help workers in knowledge fields such as law and medicine navigate large bundles of information. Automation could either enhance these jobs or replace them outright, depending on how different professional fields advance.

Multisensory digital communications will also become more common in the future. The Apple Watch, which sends notifications via a wrist tap and allows users to transfer the rhythm of their heartbeat to other watches, offers a peek at the way senses aside from sight and sound may be used to communicate.

Finally, privacy tools and technology will likely improve in response to the vast amounts of data that users are constantly sending and receiving from the cloud. Striking a balance between leveraging data to increase efficiency and protecting the privacy rights of individual users will be an ongoing tension in the coming years.

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