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26 December 2023

Virtually Human: AI Predictions for 2024 – What’s Next on the Horizon? 

By Jan Iverson
Virtually Human

AI Predictions for 2024 include healthcare, agriculture, manufacturing, day to day, and much more as it becomes the key driver for innovation and change.

As we move closer to 2024, the world of artificial intelligence (AI) continues to evolve at a breakneck pace. From revolutionizing how we work to transforming our daily lives, AI’s potential seems limitless. Let’s explore some of the most exciting predictions for AI in 2024, based on the trends and advancements in 2023.

  1. AI: A Staple in Daily Life

In 2024, AI is expected to become more deeply integrated into our everyday lives. Think smart homes that know your preferences, transportation systems that optimize your route in real-time, and personal assistants that manage your schedule with near-human finesse, such as Humane’s AI Pin, a breakthrough AI wearable, which our team at FS Studio worked on.

  1. Breakthroughs in Natural Language Processing (NLP)

The line between human and machine interaction continues to blur as NLP takes giant leaps forward. This could mean having conversations with AI that feel as natural and nuanced as those with a human, which may well feel a little eerie at first.

  1. Ethical AI Takes Center Stage

With great power comes great responsibility. In 2024, we anticipate a stronger emphasis on ethical AI. Taking a leaf out of the EU’s book, means more regulations and guidelines to come from the rest of the world to ensure AI development and usage are aligned with ethical standards.

  1. Revolutionizing Healthcare

AI’s role in healthcare is likely to become more pronounced. From more accurate diagnostics to personalized medicine and more specialized robotic surgeries, AI will continue to be a game-changer in how we approach health and wellness.

  1. Smart Retail: An Unstoppable Movement

In the business-to-consumer, bricks-and-mortar world, AI’s role is predicted to grow exponentially through what we call, Smart Retail. From enhancing the customer experience through real-time real-world product recommendations to sentiment analysis, AI looks to provide insightful data “on the shop floor,” so core influenced decision-making is made in real time.

  1. Smart Manufacturing

AI’s role in manufacturing is on the uptick. Moving forward, we will see more from AI that works to streamline industrial space planning, automate tasks, and increase productivity. It will also cut costs by reducing shipping and inventory expenses. Furthermore, AI will optimize logistics by improving store clustering and demand forecasting.

7. Smart Farming: AgriTech

Smart Farming aka AgriTech, short for “agricultural technology,” aims to make farming more efficient, sustainable, and productive. AI will have a significant impact on Smart Farming by enabling data-driven decision-making, improving crop yield predictions, and enhancing resource management. Through AI-powered sensors and analytics, farmers can monitor and analyze various factors like soil conditions, weather, and crop health in real-time, allowing them to make informed decisions about planting, irrigation, and harvesting. This technology also helps reduce waste, increase efficiency, and ultimately contribute to more sustainable and productive agricultural practices.

  1. AI’s Impact on Employment

The conversation about AI’s impact on jobs is likely to intensify. We may see the focus shift toward reskilling and upskilling workers to thrive alongside AI.

  1. Bias Mitigation 

Efforts to address biases associated with AI models will likely continue to evolve. Researchers and organizations may focus on making models fairer, more transparent, and less likely to propagate harmful biases.

  1. Groundbreaking Research

Continuous research in AI could lead to significant breakthroughs in algorithms and methodologies, perhaps even paving the way for more sustainable and efficient AI models.

Predictions
Conclusion 

The future of AI in 2024 is poised to be as exciting as it is unpredictable. While these predictions offer a glimpse into what might be on the horizon, the true trajectory of AI’s evolution will be shaped by a myriad of factors, including technological breakthroughs, societal needs, and regulatory frameworks. One thing is certain, though—AI will continue to be a key driver of innovation and change. 

Jan Iverson is Head of Studio at FS Studio and an award-winning product leader with over 20-years of extensive experience in digital media and marketing, with a specialization in the design and development of AR, VR and 3D activations: mobile apps, games, LBE, sales tools, digital twins; with XR cross-platform content development, and a track record of success in leading award-winning digital creative teams. Virtually Human is her bi-weekly series.