The more we go, the faster our world gets transformed into a better place to live, with tons of new opportunities and the highest level of connectivity, thanks to technology and the internet. Every industry contributes to these efforts and what we witness is that humankind has the biggest jump from tradition to innovation. 

This might sound like a bold statement, but especially after the advent of generative AI technologies, many of us do believe that we have entered into a new phase of interactions and operations. Brad Gerstner, a famous American investor, and a CEO, recently expressed his opinion about AI, saying that it will be bigger than the internet. Many people disagree with this remark, but no matter what, the power of current technologies is truly transformative, and every next innovation makes the gap between innovation and tradition even bigger.

Let me explain this. When digitization of many industries started, large companies adopted innovative solutions because right next to them, the number of startups was growing significantly, creating a huge arena of competition. Such cases changed not only the business models but also the customer behavior when a usual casino gamer realized that an online casino could be a more convenient way of entertainment with the same benefits as in traditional casino buildings. So, let’s start from there.

Everything the same, and even better?

The online gaming environment is a great example of how innovations replace traditional activities. A few decades ago, no one would believe that there was a casino experience outside of the casino buildings which were beautifully decorated and furnished. Every small detail was a part of the experiences for which people would travel even thousands of miles. Don’t forget that for some locations like Vegas, casino was a part of travel plans for many game lovers.

However, digitization of the industry proved that all people wanted was not those decorations and stunning environments but the game they signed up for. If someone wants to play a game of poker, that’s what they want, and the rest can even be distracting. That’s when online platforms stepped up and offered the same for cash casino games without requiring you to travel a foot away from your home. This comfort attracted thousands of people which resulted in a high demand for digital gambling services by those who were fans of casino games.

The progress doesn’t stop here. The integration of modern technology pushed gaming offers further, providing more convenience and benefits for the exact same games and fun. For instance, the partnership between online casinos and cryptocurrencies served as a unique way to secure financial transactions, that can also ensure instantaneous transactions. The way online gaming platforms operated in the industry showed how innovative approaches can transform everything with additional benefits.

Virtual Reality: Beyond Gaming

We all remember the times when VR was a fancy way of just playing exciting video games, and many of us wouldn’t even think about owning one unless having a passion for gaming. The good news is that tech companies and industry leaders did their best to make the technology for everyone and for a wider circle of usage transforming how we socialize, work, and even shop online. And these capabilities work effectively in convincing people to consider the usage of VR, so today, more than 30% of people say they would be willing to use VR for shopping. That’s significant, isn’t it?

But here’s the remarkable part: VR isn’t just replacing old experiences; it’s enhancing them significantly. Take concerts, for example. Instead of merely watching an unremarkable live stream, you can feel like you’re actually there. You can look around, chat with other fans, and even get right up to the stage. It’s astonishing how real it feels!

Green Tech is Taking Over

We all love our gadgets and online activities, but let’s be honest – they leave a significant impact on the environment when things are not done with the planet in mind. That’s where green tech comes in, and it’s becoming a significant focus for companies everywhere, aiming to make eco-friendly products; it’s about rethinking how we create and use technology from start to finish.

One of the giants in the tech industry, Apple, is now using recycled materials for their iPhones and other products. It might not sound like much, but it’s a beginning, isn’t it? It’s similar to how organic food used to be a niche market, and now it’s widespread. And in fact, when you look at the horizon, traditional ways of technology making are getting ready for significant changes. The same Apple has already announced its plans to achieve the usage of 100% recycled cobalt for their batteries, and this is a super positive promise for those who like innovation, but also the environment we live in.

The best part? People are very receptive to it, and today more customers consider the environmental impact of a product before purchasing it, than a few years ago. It’s similar to how everyone suddenly became interested in eating organic – now we’re all focused on green tech.

So yes, being innovative and being environmentally responsible are no longer opposites. They’re like two complementary forces, working together to make our digital world a bit less harmful to the environment. 

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