10 Top AI and Machine Learning Trends for 2024

2023 was a big year for artificial intelligence (AI) after ChatGPT was launched in November 2022. We saw lots of new things in AI, like multimodal models that understand text, images, and sound. Companies are now more careful with AI, thinking about safety and rules.

Here's what to look for in AI in 2024:

1. Multimodal AI: This AI can handle different types of data like text, pictures, and sound. It's like how we use our senses. For example, OpenAI's GPT-4 can understand pictures and sounds, not just text.

2. Agentic AI: This is a step up from older AI. These AI agents can decide and act on their own, without humans telling them what to do every time. They can do things like monitor the environment or manage investments by themselves.

3. Open Source AI: This means AI software that anyone can use and improve. It's usually free. More people are working on these projects, making AI better and more accessible.

4. Retrieval-Augmented Generation: This helps AI give more accurate answers by combining text generation with searching for information. It's especially useful for businesses.

5. Customized Enterprise Generative AI Models: Businesses are building AI that fits their specific needs. These models are smaller and focused on certain tasks, which is better for some companies.

6. Need for AI and Machine Learning Talent: As AI grows, we need more people who know how to work with it. Skills in AI programming, data analysis, and operations are in high demand.

7. Shadow AI: This is when people in a company use AI without the IT department knowing. It's risky because they might not know about security or privacy issues.

8. A Generative AI Reality Check: Companies are starting to see the real challenges of using AI, like how hard it is to integrate it into their systems and make it work well.

9. Increased Attention to AI Ethics and Security Risks: With AI getting more powerful, there are concerns about misuse, like creating fake content or invading privacy. Companies need to think about these risks.

10. Evolving AI Regulation: Laws and rules about AI are changing. The EU is making new laws, and the U.S. might have new rules soon too. Companies need to stay updated on these changes.

These trends show that AI is becoming more complex and important in many areas. It's not just about technology anymore; it's also about how we use it safely and responsibly.

Which of the following AI trends do you think will be most influential in 2024?

• Multimodal AI
• Agentic AI
• Open Source AI
• Retrieval-Augmented Generation

See All Options