Top 3 Technology Trend Predictions for 2024

Let's delve into the predicted tech trends that will likely shape 2024.

1. Generative AI 

The year 2023 witnessed the mainstreaming of generative AI, with ChatGPT leading the way since its launch in late 2022. Notably, Alphabet, the parent company of Google, recently unveiled Gemini, an AI set to be integrated into Google products, claiming superior performance to the current ChatGPT version.

OpenAI's CEO, Sam Altman, has promised a more powerful version of their software in the coming year. This fierce competition is driving innovation and pushing the boundaries of what generative AI can achieve.

Investors are recognising the potential of generative AI, with venture capital firms worldwide pouring a staggering $21.4 billion into generative AI start-ups in 2023. However, experts caution that challenges, such as high development costs and potential regulatory hurdles, might temper the industry's rapid growth and success in 2024.

2. Humanoid Robots

Humanoid robots are set to become more prevalent in 2024, with companies like Tesla working on Optimus, a humanoid robot designed for basic factory jobs. Tesla's Optimus is expected to prove its utility in the company's factories by the end of the year.

Tesla faces competition from Amazon's Digit, a humanoid robot being trialled in warehouses, and Sanctuary AI's Phoenix in Canada, which is being trained to perform various tasks. The integration of humanoid robots into work settings is a promising trend that could reshape industries and automate routine tasks.

3. Neurotech

Neurotech, a groundbreaking technology, has already made significant strides in the healthcare sector, revolutionising the prediction, diagnosis, and treatment of complex physical and mental illnesses under stringent regulations. 

Neurotech is expanding its applications into areas like sports, personal well-being, and marketing. This evolution, however, brings concerns about the potential infiltration of discriminatory tendencies if the technology is not thoroughly developed and tested across a diverse population. 

The risk of inaccurate data arises, emphasising the need for inclusive development practices. Neurotech operates by reading signals from the human brain, either through a direct connection to the nervous system or via advanced scanning equipment. Employing components such as electrodes, smart prostheses, computers, and other specialised instruments, it facilitates both reading and interaction with the brain. Certain electrodes have the capability to stimulate the brain, offering a promising avenue for alleviating symptoms associated with specific brain diseases.

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