Top Artificial Intelligence (AI) trends to watch out for in 2024

Artificial Intelligence (AI) has done more in the recent years and is set to continue to revolutionize various industries. As we move into 2024 and beyond, there are several AI trends to watch out for. Here are but few of the top AI trends to keep an eye on:

Top Artificial Intelligence (AI) trends to watch out for in 2024
  1. AI-powered Cybersecurity: As cyber threats become more rampant globally, AI is being used to 'pen-test' or check for vulnerabilities of websites and application. AI-powered cybersecurity solutions can quickly identify malicious threats/attacks either from hackers and take actions to mitigate them, reducing the risk of a breach.
  2.  Increased Use of AI in Finance: The finance industry is becoming a top benefactors of AI solution, as the institution as a whole are mostly powered by the AI. They are beginning to embrace AI to improve efficiency and reduce costs. AI-powered chatbots are being used to provide customer service, while predictive analytics is being used to identify potential fraud.
  3. Increased Use of AI in Marketing: AI is being used to improve customer experiences and drive sales in the marketing industry. With AI-powered personalization, companies can deliver more targeted and relevant content to their customers.
  4. Continued Growth of AI-powered Autonomous Systems: Autonomous systems, such as self-driving cars, are becoming increasingly common these days. With continued tireless advancements in AI and sensor technologies, we can expect to see more autonomous systems being deployed in various industries.

  5. AI-powered Edge Computing: Edge computing is a distributed information technology (IT) architecture in which client data is processed at the periphery of the network, as close to the originating source as possible. With the increasing use of Internet of Things (IoT) devices, AI-powered edge computing is expected to become more prevalent, allowing for faster processing and reduced latency.

In conclusion, the future of AI is both exciting and transformative. With advancements in natural language processing, cybersecurity, finance, and autonomous systems, AI is poised to revolutionize various industries. However, as with any new technology, there are also ethical considerations that need to be addressed. As we move forward with AI, it is essential to prioritize transparency, accountability, and inclusivity to ensure that we create a better future for all. By keeping up with the latest AI trends and advancements, we can harness the power of AI to drive innovation and make a positive impact on the world.