🌐 I'm sharing my predictions for AI in 2024, based on my current projects and current trends and developments in this dynamic field.
Let's dive into what the future may hold: ⬇️
1️⃣ Innovations in smaller AI models: While 2023 was the year of larger language models with impressive capabilities, 2024 will be the year of smaller, more specialized AI models. These nimble models are not only cost-effective, but also highly efficient for specific applications.
2️⃣ AI-powered personal devices: With the development of compact AI models, expect to see an increase in AI-embedded personal devices such as phones, watches, and more. These energy-efficient models are designed to work seamlessly with your everyday devices.
3️⃣ AI in industry: Moving beyond the experimental stage, AI is poised to become a core component of industrial operations, not just limited to office tasks, but extending into manufacturing processes. From designing new products to optimizing supply chains, its ability to create and innovate will be key in industrial settings.
4️⃣ AI's impact on the job market: A trend already visible at companies like Google, where AI-driven automation could potentially lead to significant layoffs. While AI's role in streamlining processes is undeniable, it raises important questions about its impact on employment.
5️⃣ Rising legal battles over AI content creation: Ongoing legal battles, such as the New York Times' lawsuit against OpenAI and Microsoft, are set to escalate. At issue is AI's use of existing digital content for training purposes, a critical issue for content creators and AI companies alike.
6️⃣ Monetizing AI tools: Free access to AI tools for text, image, and video generation is likely to change as providers shift toward monetization. This move could introduce different pricing models, from subscriptions to pay-per-use, and reshape how we access these tools.
7️⃣ AI's role in elections and misinformation: With numerous elections on the horizon, the use of AI in political campaigns, including the creation of misleading information, is a growing concern. The challenge is to distinguish real content from AI-generated fakes, a task that's becoming increasingly difficult.
Let's keep the conversation going! Share your thoughts and insights on these predictions. What do you see in the AI landscape in 2024?
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