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Exciting Projections: How Generative AI Will Shape the Technology Industry in 2024

Summary

Generative AI took the world by storm last year, with OpenAI’s ChatGPT igniting the internet and sparking widespread interest in generative artificial intelligence. But now is the time to look to the future and ask ourselves what we can expect […]

Exciting Projections: How Generative AI Will Shape the Technology Industry in 2024

Generative AI took the world by storm last year, with OpenAI’s ChatGPT igniting the internet and sparking widespread interest in generative artificial intelligence. But now is the time to look to the future and ask ourselves what we can expect from generative AI in 2024. How will it impact the technology industry, and what surprises await us in the coming months?

According to Technology President Bob O’Donnell, 2024 will be a pivotal year for generative AI as it becomes a daily tool for people. Our personal computers and smartphones will be powered by generative AI programs, and video and audio platforms will also be enhanced by generative AI.

But that’s not all. Experts predict that generative AI will become increasingly specialized. Platforms like ChatGPT, Google’s Bard, and Microsoft’s Copilot are currently designed for general purposes, aiming to answer everyone’s questions. However, in the future, models tailored to specific tasks and domains will be developed.

The democratization of generative AI will also be noticeable in the coming year. As generative AI is used more extensively in various products and services, more and more people will have access to these platforms. Daniela Rus, the director of MIT’s Computer Science and Artificial Intelligence Laboratory, emphasizes that people with access to phones and computers will be able to take advantage of the benefits offered by generative AI.

One way people will gain access to generative AI is through new devices with AI chips. In 2024, companies such as HP, Dell, Lenovo, and possibly even Apple will start embedding new AI capabilities into their devices.

Specialized generative AI applications will become increasingly popular. These apps will be focused on specific themes and projects, such as improving weather forecasting, enhancing cybersecurity, or advancing medical research.

Of course, the growing popularity of generative AI will lead to even greater competition in the field of AI chips. Companies like Microsoft, Amazon, Google, and others are already developing their own AI chips. However, Nvidia, currently the most significant chip company globally, might face competition pressure from AMD and Intel.

In summary, generative AI was already a significant trend in 2023, but in 2024, it will become an even bigger phenomenon that will captivate us.

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