AI has recently been one of the most fascinating and fast-developing fields of technology, and 2024 seems to be no different. AI is transforming every aspect of our lives, from healthcare to banking, transportation to customer service. The World Economic Forum estimates that by 2025, AI will generate 12 million more jobs than it would eliminate. You must, however, keep an eye on the AI trends if you want to stay ahead of the pack and position yourself to take advantage of chances.
Consequently, the year of 2023 was fun. It’s obvious that the pace of innovation in artificial intelligence trends will only go up as we move into the remaining quarters of this year. We’ll look at some of the most intriguing AI developments to look out for in 2024 in this blog post. So fasten your seatbelts and prepare for an exciting ride into the current trends in AI!
The Top 4 AI Trends 2024:
1. NLP (Natural Language Processing)
The list of artificial intelligence trends is incomplete without NLP. NLP stands for natural language processing and it is a crucial branch of AI that focuses on communication between people and computers using natural language. ChatGPT is the most well-known example and likely the greatest driver of AI developments in 2023. If you didn’t know, NLP is what makes ChatGPT so great!
As NLP develops, computers can now analyze and comprehend human language with greater accuracy, revolutionizing how humans communicate with technology. We may anticipate better chatbots, more accurate patient diagnoses, and better customer service thanks to NLP.
Conversational AI
A form of NLP known as conversational AI enables computers to converse with people organically, resulting in chatbots that may provide assistance, respond to inquiries, and accept orders. We predict that more companies will use conversational AI in 2024 to enhance client experiences.
The most advanced example of conversational AI is ChatGPT and probably the most looked AI trends of 2024.
Speech Recognition
Speech recognition is another component of NLP that is developing at an accelerated rate. With the use of voice recognition software, computers can comprehend and record spoken language. This technology is already present in voice assistants like Siri and Alexa, but it also has the potential to record patient-physician conversations in the healthcare industry.
As an example, Nuance Communications created a virtual assistant for the healthcare industry that uses conversational AI and voice recognition to assist patients with scheduling appointments and medical questions.
2. Robotics
Robots can now carry out jobs that were previously impractical or unsafe for humans thanks to substantial advancements in artificial intelligence (AI) in the area of robotics. In terms of AI trends 2024, we may anticipate seeing more sophisticated robots with enhanced capabilities to carry out challenging jobs.
Many tasks are already being handled by robots today. As an example, nations like China, Japan, and India have already begun operating restaurants with robot waiters. What a cool thing!
However, that made human waiters unemployed! Is artificial intelligence truly the main cause of unemployment?
Read this: An interruption of six months in further AI advancements?
Collaborative robots
Robots that collaborate, sometimes referred to as cobots are made to operate alongside people, completing jobs that call for accuracy and precision while people concentrate on activities that call for creativity and decision-making. We may anticipate more collaborative robots in sectors like healthcare, industry, and agriculture in 2024, according to current AI developments.
To assemble automobile doors, for instance, BMW has used collaborative robots to work alongside human workers in its facilities. While human workers concentrate on tasks requiring decision-making and fine motor skills, robots handle the heavy lifting.
Autonomous Drones
Autonomous drones are already in use for many different purposes, such as package delivery and aerial photography. We predict that in 2024, more autonomous drones will be employed for jobs including infrastructure inspection, transportation of commodities, and land surveys, leading to higher productivity and cheaper prices.
3. Autonomous Vehicles
With businesses like Tesla, Google, and Uber currently testing autonomous vehicles on public roads, self-driving cars are rapidly approaching reality. As autonomous cars grow more intelligent and secure, decreasing road accidents, we may anticipate seeing even more advancement in this field in 2024. Autonomous vehicles have been a constant in the list of AI trends over the past few years.
Waymo, an Alphabet Inc. company that specializes in self-driving technology, is a recent example of building an autonomous car in real life. Waymo launched Waymo One, an automated ride-hailing service, in the Phoenix metropolitan region in 2021.
Shared Mobility
In shared mobility, vehicles like cars, bicycles, and scooters are shared among multiple users, for example – Uber share. Autonomous cars will increase shared mobility’s effectiveness and accessibility, providing everyone with more convenient and cheap transportation alternatives.
Intelligent Transportation Systems (ITS)
Intelligent Transportation Systems (ITS) improve the effectiveness and security of transportation networks by using cutting-edge technology like AI. These systems have the ability to connect with autonomous cars, optimize traffic flow, and monitor traffic in real-time. We believe that more cities and transit providers will deploy ITS in 2024 in order to enhance operations and ease traffic congestion.
4. Healthcare
AI has the ability to completely change the healthcare sector, from patient outcomes to administrative procedures being streamlined. More developments are anticipated in the following fields in 2024:
Medical Imaging
AI is already having a big influence in the field of medical imaging. AI enables clinicians to analyze medical pictures more quickly and correctly, which benefits patients. We may anticipate even greater developments in 2024, when AI will be utilized to identify and diagnose illnesses like cancer.
Personalized medical care
The idea of personalized medicine is adapting a patient’s medical care to their particular genetic profile. Doctors may use AI to analyze enormous volumes of genetic data and develop individualized treatment strategies for individuals. With AI being utilized to create novel therapies and medications, we may anticipate seeing further developments in this field in 2024.
Conclusion
As we’ve seen, artificial intelligence is already having a big influence on a variety of fields and facets of our everyday lives. And in 2024, we may anticipate even more fascinating AI developments that will upend the status quo. The potential of artificial intelligence is endless, ranging from natural language processing to robots, autonomous cars, and healthcare. We may anticipate many more ground-breaking and imaginative uses of AI in the years to come as these technologies develop and advance.
Keep an eye on these areas in 2024 if you want to remain on top of the newest AI advancements and stay ahead of the curve. These developments are merely the tip of the iceberg in terms of what is feasible with AI. Which trend have you been most anticipating? Leave your comments with your ideas, and keep FuelEd.
