Elaborate. What's the applications?
I'm not an engineer of any kind outside of music mixing, but with my basic understanding of computer and internet technology, I think it's safe to assume in simple wording that we would eventually be able to do more computer based activities with less effort and time.
Supercomputers become more efficient, transfer of information becomes almost instant (more than now), memory capacities grow exponentially, public assistance and general leisure seeing leaps in development, etc
Depending on who and what companies have access, we could be looking at the Jetsons future from the 90s. Public opinion and government interference would be the only hindrance.
AI learning and freedom of usage should be a big concern though and it should be talked about often. The thing about that is those groups aren't going to want to full release their research and development until they come up on something crazy, and by then it could be too late
That's all speculation though, coming from base level assumptions made by a nikka with a basic understanding of most of these technologies. Sure I probably know a lot more than I thought about while writing my reply, but I think it's best start at the bottom anyway when talking about future possibilities