ai trends of 2024

ai trends of 2024

One of the most recent trends is generative AI which has the potential to generate trillions of dollars in value across industries. People worldwide have begun to incorporate generative AI into their workflows, adding to the popularity and penetration of AI.

Generative AI and democratization
Generative AI arguably the biggest trend in AI this year. When ChatGPT and other text and image generators became accessible to the general public, it was widely used and adopted by business teams worldwide. Along with this is the democratization of AI, enabling it to be available to everyone—even those without technical knowledge. 

AI for Workplace Productivity 
Another trend we see in AI is its place in workplace productivity. Artificial intelligence can speed up and enhance how we work—in particular, how it automates time-consuming or repetitive tasks. Whether inputting data in a spreadsheet, writing an outline for a business plan, or controlling quality at a manufacturing plant, AI has massive potential to increase our productivity at work.

MultiModel AI 
Many large language models (LLMs) process only text data. Multimodel models in AI can grasp information from different data types, like audio, video, and images, in addition to text. This technology is enabling search and content creation tools to become more seamless and intuitive and integrate more easily into other applications we already use.

AI in Science and health Care
Besides AI’s influence in the business workplace, AI tools have great potential in science and health care. Researchers, such as those at Microsoft, are now using AI to build tools to predict weather, estimate carbon emissions, and enable sustainable farming practices. This trend aims to address and mitigate the effects of climate change.

Regulation and ethics 
With the proliferation of AI worldwide, the trend of mitigating any risks associated with AI is paramount. Government agencies and organizations like OpenAI are ensuring AI is used and deployed responsibly and ethically. In March 2024, the European Union debated a landmark comprehensive AI bill designed to regulate AI and address concerns for consumers. It is expected to become law this year. 





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