A.I. Takes The World By Storm – What’s in Store for 2024?
AI made waves in 2023 with its user-friendly platforms and massive growth, invested in by lawmakers and ushering in new regulations, and hitting consumer dedicated platforms with tools for every industry, from filmmaking to cybersecurity. The AI report showed some major European countries dominating AI funding last year and hypothesized about the effects on the industry in 2024. Specifically, that the pricing of developing AI models and shortages in infrastructure and hardware will shift focus toward creating innovative and competitive business structures. When companies take advantage of these offerings, who will have more made AI advancements?
Furthermore, the open-source use of AI technology will become focal. Meta pushed out its language model for free, which benefits startups. As we move into 2024, relationships across the tech industry will join forces, creating partnerships and a faster startup innovation. As AI melds with IoT, cybersecurity, and more, we’re set to see an acceleration in 2024, leading to new advancements being made in various industries worldwide.
As we move into 2024, what signs can we look for to determine who will be at the forefront of the AI wave we’ll undoubtedly see in 2024? How will the shortage of supplies and hardware cause an imbalance of AI availability? What role will open source software play in AI innovation going forward, and who will be the key players in these impactful collaborations?
What are your predictions for AI in the year 2024? Comment below and help us spread the word about the upcoming world of AI in 2024.
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