By: Sherlene Hiu
Neuroscience advancements drive the development of neurotechnology, and big tech firms leverage these insights with the use of AI to understand human behavior and explore enhancements. AI is swiftly integrating with the human brain, inspiring companies to develop products that translate mental signals into actions. This trend heralds a future where AI may eventually enhance neurological functions and facilitate potential treatments.
Finances in Neuroscience
Investment in neuroscience is increasingly crucial as demand for neuro-related products and services rises. According to a study by Precedence Research, the market value of neurotech devices was $15 billion in 2023, projected to soar to nearly $55 billion by 2033. Major tech companies are showing interest in investing in and developing these products, highlighting the human brain’s remarkable capacity for innovation. However, confidence in neurotech products is still in flux, despite the growing momentum behind their development.
Future of Neurotech
In recent headlines, one product has dominated discussions: Neuralink, developed by Elon Musk. This brain chip is purported to translate thoughts into actions, enabling users to control electronic devices. While the potential for enhanced human communication and interaction through neurotechnology is enticing, there are lingering concerns about the safety and security of such implants. Additionally, companies like Apple have integrated brain activity monitoring features into products like AirPods, aiming to capitalize on innovation and generate profits. This convergence of technology and neuroscience underscores both the promise and the challenges of advancing neurotech in today’s society.
Studies of Neurotech
Meta has emerged as a significant investor in neuroscience through its Fundamental AI Research initiative. This endeavor entails researchers displaying images to participants for 1.5 seconds while they undergo neuroimaging. Subsequently, participants are asked to think about what they saw, with AI attempting to reconstruct their mental imagery based on brain activity patterns. While initial results and predictions haven’t aligned perfectly, Meta’s researchers are actively addressing any discrepancies, aiming to develop technology that aids individuals with brain injuries in communicating with others. This commitment to refining and improving neurotech holds promising implications for enhancing human connectivity and accessibility.
Privacy
Neurotech offers potential benefits for enhancing decision-making and cognitive functions, yet concerns persist regarding privacy, particularly regarding the relationship between big tech companies and individuals’ minds. While the prospect of such technology is tantalizingly futuristic, widespread acceptance is hindered by apprehensions about implantable devices. Concerns surrounding safety, security, trust, and legal issues complicate the landscape, while the fear of technology takeover remains ever-present. Despite ongoing research and development in neuroscience, the realization of “psychic abilities” through technology remains a distant goal, requiring careful navigation of ethical and regulatory frameworks.
Neuroscience can be seen as one of the many dreams of developing treatments and cures for those who lack brain functions and the ability to communicate. Along with this, big tech companies imagine the world with technology and AI, combined with neuroscience to create products that correspond with the idea of seamless thinking, repair, and control of our brain.
References:
Big Tech sees neurotechnology as its next AI frontier. (n.d.). Retrieved from https://finance.yahoo.com/news/big-tech-sees-neurotechnology-as-its-next-ai-frontier-100022978.html