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Our Predictions for 2024

After Hours

NOTE

AI's Evolution: Shorter Leads, Longer Adoption, Narrower Focus

In the landscape of AI, expectations must adjust as leads in technology will shorten, highlighting a competitive environment where dominant players like ChatGPT and NVIDIA may see their early advantages diminish. Conversely, the timeframe for productization and user adoption will extend, as noted by Adobe's recent insights on delayed market readiness. Furthermore, the focus on AI applications will narrow, illuminating specific areas within the economy where artificial intelligence can deliver meaningful impact, while also clarifying sectors where AI's influence will be minimal. This concentrated approach suggests that those areas where AI does succeed will yield profound benefits, reshaping perceptions and interactions with technology in our daily lives. A transformative cultural shift is anticipated, where 'AMOL' or AI ML will be embraced as a common term, indicating a deeper integration into various processes and practices.

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