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AI in 2024 has been predicted to be finer than what it was in 2023. ChatGPT, Bard, and Copilot got tremendous updates to ensure they were optimum and user-friendly. Many enterprises recognized the importance of AI and how it impacted their decision-making.
Before answering that question let’s see the AI trends and news that went viral in 2023.
2023 in Review
Starting from Pope’s image to Sam Altman getting fired from OpenAI, we have covered some of the biggest events that happened last year.
- A Chicago man in March 2023 created an AI-generated image of Pope wearing a white puffer jacket using the AI image generator Midjourney, showcasing how powerful AI is in deceiving humans.
- In March, Tech chiefs including Elon Musk and Steve Wozniak wrote an open letter requesting AI organizations to halt training for six months due to potential risks such as loss of civilization control, job destruction, and human annihilation.
- Meta’s large language model, LLaMA, got leaked in the same month along with its weights, on 4Chan’s technology board and was available for download through torrents globally. This became a source of tools for the open-source community in the AI industry.
- Since the launch of Bing Chat in February 2023, Microsoft kept bringing innovation. They introduced Copilot, a widespread application of AI. Microsoft integrated Copilot into Word, Teams, and Windows 11, automating tasks like image creation and meeting summarization, to highlight the capability of AI.
- Reports suggested AI can take 300 million jobs if left in the dark. In addition to that, Hollywood authors went on strike over the use of AI in filmmaking. Moreover, writers in September filed a class action suit against AI organizations for using their works to teach their LLMs.
- In November 2023, the OpenAI board fired CEO Sam Altman leading to resignations and chaos. However, Microsoft offered jobs to him and other employees who resigned. Altman was reinstated later and OpenAI got fresh board members.
5 Advancements To Look Forward in AI in 2024
AI advancements are continuous and we think more innovations are coming in AI in 2024. Let us take a look.
1. Businesses Will Incorporate AI Into More Products
In 2024, the growth of incorporating AI into products and services will accelerate. This is because of AI’s capability to enhance experience, decision-making, and automate tasks. It can drastically impact the data and analytics lifecycles. So most Big Data problems and data science projects will have efficiency.
2. Convergence of AI and IoT
3. Combining AI and Cryptocurrency
It is paving new roads for users in the AI and crypto space. AI crypto will create a pattern of intelligence and systematic processes that can change various sectors and industries. With AI the transactions can be automated and users can have utmost security, without any third-party involvement.
4. A More Realistic and Higher Quality Generation
In 2023, we saw inclusivity and diversity in all sectors and industries but many AI organizations didn’t include them in their services. AI in 2024 will witness much more inclusivity and diversity. Most enterprises are trying to make it as realistic as possible for a higher user experience.
Transparency is another thing we can see in AI happening as many content creation and publishing websites use AI-generated content and don’t put a disclaimer for the same. This can be misleading and won’t provide accurate information to the people. So it is ideal that enterprises will practice diversity and transparency in 2024.
5. Enterprises Will Perform Responsible AI
In 2023, people around the world raised questions about AI harming students and employees. So many governments framed policies governing AI usage in 2023. It will be a noteworthy watch to see what changes will be made in AI in 2024 in these policies.