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Showing posts with label 2024 Trends. Show all posts

2024 Tech Landscape: AI Evolution, Emotion Tech Dominance, and Quantum Advances

Artificial Intelligence (AI) is like a game-changer in computer science. It's becoming the key player in making new technologies like big data, robotics, and the Internet of Things (IoT) possible. In 2023, the tech landscape witnessed a surge in the prominence of OpenAI's chatbot, ChatGPT, marking a significant leap for artificial intelligence (AI). 

The question now looms: will AI sustain its exponential growth, akin to the meteoric rise of the metaverse, or is there a risk of its bubble bursting? 

Let's Explore What 2024 Tech Trends Will Unveil: 

1: Emotion Al 
2: Space Tech 
3: Quantum and cybersecurity 

In the upcoming year, Emotion AI is poised to dominate, as per the insights from Federico Menna, the CEO of the European Institute of Innovation and Technology (EIT Digital). Menna emphasizes that Emotion AI, succeeding the generative trend, goes beyond content creation. 

It excels in detecting and interpreting human emotional cues, enabling machines to respond and adapt based on the user's emotions during interactions. This shift marks a significant evolution in technology, according to Menna's statements to Euronews Next. Menna foresees Emotion AI emerging as a game-changer in healthcare, providing improved living conditions for those grappling with chronic illnesses, age-related concerns, or mental health challenges. 

Simultaneously, he envisions Emotion AI flourishing in the realm of mobility, showcasing its versatility and potential impact beyond the healthcare domain. 

“In the inner city environment, emotional AI could play a big role. Someone, for example, could be nervous because the city too is too dark and somehow an algorithm can switch on some lights,” Menna added. 

Additionally, Menna said that Emotional AI could play a crucial role in the finance sector, given the heightened sensitivity people have when it comes to their money and wealth. However, due to the strict regulations governing this sector, Menna suggests that the technology's initial adoption might involve targeted applications rather than widespread integration by major financial institutions. 

Adam Niewinski, co-founder, and general partner at European venture capital firm OTB Ventures, envisions a significant advancement in space technology in 2024. He predicts that akin to the prevalent discussions around AI today, the focus of conversations will shift noticeably towards space tech, driven by emerging trends, as highlighted in his conversation with Euronews Next. 

In the landscape of quantum computing, 2023 marked a notable milestone as IBM made significant progress in unravelling the complexities of minimizing data errors. In early 2024, the culmination of an extensive eight-year global initiative in the cryptography domain is expected, as the US National Institute of Standards and Technology (NIST) prepares to release the definitive post-quantum cryptography (PQC) standards. 

This significant development was highlighted by Dr. Axel Poschmann, the Head of Product Innovation and Security at PQShield, a British cybersecurity startup specializing in quantum-secure solutions. A cautionary note was sounded, emphasizing that cybercriminals may discern the added potential worth of collecting, preserving, and trading encrypted data within the expansive cybercriminal network.