Artificial Intelligence in 2024: What to Expect?

In the transformative landscape of artificial intelligence (AI) in 2023, generative AI emerged as a frontrunner, promising revolutionary changes. Initially hailed as a game-changer, with major tech entities launching their versions, generative AI, including models like OpenAI’s ChatGPT, created a wave of anticipation. However, the euphoria surrounding AI’s potential underwent a profound shift as the year unfolded. The initial excitement transformed into heightened concerns and constraints, driven by a collective exploration of the risks associated with misusage. Even though artificial intelligence made headlines both for being a transformative force and a risk, many developments are set to happen in the fresh year 2024. This MIT Technology Review article highlights a few developments people can expect to happen in artificial intelligence in 2024.

According to the article, in 2024, the AI landscape will be on the brink of significant transformations, with a focus on proving the profitability of generative AI and uncovering a groundbreaking artificial intelligence application. Customized chatbots, supported by Big Tech, are set to take center stage, allowing even those individuals who do not have coding skills to participate in generative AI app development. According to the article, OpenAI’s GPT app store is set to launch soon. Anticipated developments include advancements in AI-generated video, an upsurge in AI-powered election misinformation, and the introduction of multitasking robots. Notably, the article suggests that 2024 is predicted to be a crucial year for global AI regulation, marking the shift from vision to actionable policies. Despite the rapid evolution of generative AI, persistent challenges such as bias, copyright issues, and the high cost of artificial intelligence development need urgent attention. Security vulnerabilities in large language models, susceptible to hacking, raise concerns, emphasizing the importance of a cautious approach. As AI’s influence continues to grow, maintaining a critical perspective becomes paramount amidst advancing regulatory frameworks, the article concludes.

Artificial intelligence is set to introduce many innovative transformations in 2024. The aforementioned are a few insights from the MIT Technology Review article that highlight the possible shifts set to happen in 2024.