This article is the first in a two-part series aimed at exploring the rapidly developing state of voice computing from the investor’s perspective. In Part I, I discuss why it’s now increasingly clear that the human voice will become society’s next major computing interface, and why it will continue proliferating through our homes and businesses. In Part II, I’ll dive deeper into the new and emerging business models.
The personal computer gave many of us our first glimpse at the digital world, normalizing the idea that such machines have a place in our homes and everyday lives. The internet tapped us into that world, offering us endless floods of information, entertainment, and commerce around which we willingly began shaping our civilization. And then the smartphone encouraged us to take that digital world everywhere we go, leaving nothing but a few taps on a touchscreen between us, our computers, and constant immersion.
Now, a fourth technology — voice computing — is removing that last barrier.
Reimagining the roles computers play
Imagine driving down the highway, coming home from work, and without taking your hands off the wheel or hitting any buttons, asking your car to turn up the heat in your house, preheat the oven for dinner, and play your favorite album, all in the same breath. Picture negotiating with a street vendor in Beijing, having your phone translate the entire conversation between Mandarin and English out loud, so you can haggle in real time. Or how about a stuffed animal that can tell your daughter interactive stories every night before bed, reshaping the adventure at every twist and turn based on her responses and reactions.
These aren’t hypothetical scenarios — they’re happening right now.
Read the source article at Fool.com.