5 AI Predictions In 2024 You Need To Know

By TechDogs Editorial Team

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Overview

Hello, readers!

We're here to predict something for you. First off, let's predict that you're going to have an absolutely lovely day today. If life has thrown any challenges your way, hang in there – victory is on the horizon, waiting to be celebrated.

Now, while our predictions about your day may be hit or miss, we're diving into something we're pretty confident about: AI trends.

As we know, AI is going to be part of our routine lives and integrated with various tasks we do, whether personal or professional. If we need to skill up ourselves and stay relevant in the fast-paced world, we need to know how AI is going to shape our future.

Life may have uncertainties but AI is as sure as the rising sun. In this article, we will make 5 predictions about AI that show promise to be true. Trust us; you'll want to know about these developments!

In reflecting on 2023, it's evident that the spotlight was firmly on AI. From notable industry developments to heightened enterprise engagement, the year bore unmistakable signs of a significant breakthrough. As we stride into 2024, the pertinent query arises: will AI live up to the immense hype of the preceding year?

The answer is Yes.

2024 is poised to be yet another landmark year for AI and the transition is already palpable. The AI Pulse Survey by Forrester revealed that 67% of enterprises are integrating generative AI into their overarching AI strategies.

In light of these developments, our AI projections for 2024 underscore the culmination of a journey-shifting AI. Here are five key predictions for AI in the year ahead.

Prediction 1: Multimodal Generative AI Will The Face Of AI

If the word ‘multimodal’ confuses you, then let us break it down for you. Multimodal AI is nothing but a type of AI that uses data from multiple sources, such as text, images, audio and video, to analyze, understand and create information. You see, the goal is to combine the different types of data to make more accurate predictions.

Imagine a customer service interaction where AI understands your spoken request, analyzes your financial documents and even picks up on your facial expressions during a video consultation. This is what Multimodal AI will look like. By synthesizing these diverse data points, AI will offer highly personalized financial advice and make precise predictions.

This combination of different capabilities is set to revolutionize industries, bringing innovation and delivering personalized and relevant responses tailored to customer’s unique requirements. Fascinating stuff, right?

Prediction 2: The Debate Between Open AI Models Vs Closed AI Models Will Continue

The world of artificial intelligence is witnessing an intriguing divide – open AI models versus closed AI models. On one side, we have open-source models like those from Meta and Mistral, whose state-of-the-art model weights are publicly available. On the other hand, we have closed-source models from companies like OpenAI, Google DeepMind, Anthropic and Cohere, who keep their cutting-edge AI models proprietary.

The debate surrounding these two approaches is heating up, with open-source advocates arguing that the performance gap between open and closed models is shrinking. Some even predict that open models may overtake closed models in capability by next year. However, there is a high possibility that the best closed AI models will continue to meaningfully outperform their open counterparts in 2024 and beyond.

The performance of base models is getting better and better very quickly as OpenAI's new GPT-4 model sets a new standard. By the time Mistral releases its stated GPT-4-level open model in 2024, OpenAI may have already shown off GPT-4.5 or even GPT-5.
Meanwhile, all of us.

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Prediction 3: The Personal AI Will Take The Spotlight

Imagine having an AI system with access to all your data, acting as a trusted advisor, guiding you through relationships, education and even career decisions. This AI is trained on your individual data, offering highly personalized experiences and insights tailored just for you. This AI companion is known as personal AI and will be an integral part of our everyday routine.

The trend is already taking shape, with Google Gemini seamlessly integrating with your Google Workspace data, leveraging everything from your calendars and documents to your location and chats. Tech giants like Apple and Samsung are also prioritizing on-device AI, ensuring privacy and immediacy are at the forefront.

As we approach 2024, the line between human and artificial intelligence blurs, creating a new relationship that enhances our lives in ways we never thought possible. What do you think? How would you use personal AI?

Prediction 4: AI Will Be A National Priority

You also might have come across news headlines and noticed that the government is also talking about AI. Nations worldwide are awakening to the boundless potential of artificial intelligence, prioritizing its development with an intensity reminiscent of the space race. This has happened as AI has brought remarkable advancements in research, science and economic growth and governments ought to notice it.

Leading the charge, the European Union has demonstrated its unwavering commitment by progressing towards the finalization of the groundbreaking European Union Artificial Intelligence Act (EU AI Act). This historic legislation represents the world's first comprehensive legal framework for artificial intelligence. Moreover, this pioneering legislation prohibits certain AI applications deemed to pose unacceptable risks, including the use of emotion recognition in the workplace and social scoring based on social behavior or personal characteristics.

As nations gain a competitive edge in the AI race, the stage is set for a transformative era in which artificial intelligence takes center stage, reshaping industries, economies and the very fabric of our society.

Prediction 5: We Will Need To Use AI Ethically

As AI becomes increasingly intertwined with our lives, leading organizations are coming together, joining forces to develop robust systems with standardized safety protocols and best practices. Their aim? To ensure that ethical AI usage becomes the norm, not just a nice-to-have.

Enterprises are becoming increasingly conscious and rightfully so, of the paramount importance of AI safety and security. Why? Well, their hard-earned brand reputation is at stake here and they know it. Leading this charge is the AI Safety Alliance, a collaborative effort spearheaded by industry titans like IBM, Meta, Intel, Oracle, AMD, Dell and the Linux® Foundation.

Now, this groundbreaking initiative is no small feat. It aims to create alternatives to closed AI systems, foster responsible AI innovation and ensure trust, safety and security are at the forefront. That's not all – it also supports the growth of AI hardware, advances open AI technology development and establishes global benchmarks, resources and standards for responsible AI development.

As we navigate this transformative era, a future where AI is seamlessly integrated into our lives while adhering to the highest standards of safety and ethics is on the horizon. The question remains: How will this evolving landscape shape the way we interact with and embrace artificial intelligence while maintaining safety and ethics? It's a question that demands our attention and careful consideration. While you ponder upon that question, let’s conclude this article.

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In Conclusion

As we stand in 2024, the world of AI is poised to bring significant changes that will seamlessly integrate into our daily lives. From personalized AI assistants to nations prioritizing AI development, the possibilities are vast. While organizations are promoting ethical practices and safety standards, embracing this AI-driven future promises an exciting journey. With a focus on responsible innovation, artificial intelligence will undoubtedly push boundaries and unlock new potential. Are you excited? Well, we all are.

Explore the cutting-edge realm of AI technology to uncover groundbreaking insights, stay abreast of the latest advancements and explore innovative applications. Click here for an enlightening journey into the future of AI!

Frequently Asked Questions

What Is Artificial Intelligence?

Artificial Intelligence (AI) refers to the development of computer systems capable of performing tasks that typically require human intelligence. These tasks include understanding natural language, recognizing patterns, learning from data and making decisions.

What Are The Top 5 Predictions Of AI In 2024?

The top 5 predictions for AI in 2024 include the rise of multimodal generative AI, continued debate between open and closed AI models, the prominence of personal AI systems, increased national prioritization of AI development and a growing emphasis on ethical AI usage.

How Does The Future Of AI Look Like?

The future of AI appears promising, with advancements such as personalized AI assistants, national AI strategies and collaborative efforts towards ethical AI usage. As AI becomes more integrated into daily life, responsible innovation will be crucial in navigating the transformative landscape while ensuring safety and ethical standards are upheld.

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Artificial Intelligence (AI)AI Predictions AI Trends Artificial Intelligence Generative AI Open AI Personal AI multimodal Generative AI Open AI Models Closed AI Models European Union Artificial Intelligence Act AI Ethically AI Technology

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