The leading 10 Forecasts for AI's Evolution in 2024
In Brief
This year has marked a pivotal moment in Hollywood, intertwined with countless scandals in the presidential election, all while the rapid pace of AI technology continues to propel forward. Is that something that resonates with you?
The annual State of AI Report The latest edition of the State of AI Report has hit the shelves, witnessing a generative AI upheaval that has significantly accelerated advancements towards the enigmatic concept of a technological singularity.
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In today's world, monumental events unfold at dizzying speeds, challenging our ability to predict their outcomes and reshaping how we envision future lifestyles, work dynamics, educational approaches, and leisure activities. Despite the unfolding singularity, the State of AI Report is steadfast in its mission to deliver thorough analysis and a clear outlook.
Influential industry analysts, consultants, and experts will undoubtedly be prompted to reconsider their reports in light of insights from this latest edition, marking the sixth year of this significant publication.
10 Pragmatic AI Predictions for the Year 2024
- Generative AI is leveraged in cinematic productions that require state-of-the-art visual effects.
- A media organization is examining the implications of generative AI's misuse during the 2024 U.S. electoral period.
- In demanding contexts—whether in high-budget games or advanced scientific applications—AI agents that can improve themselves have been shown to surpass the state-of-the-art in performance.
- We can expect at least one noteworthy IPO from a company focused on AI (such as Databricks) now that the tech investment climate shows signs of warming up.
- A major tech company from the FAANG group may invest upwards of $1 billion to refine a single expansive model during this surging trend in GenAI development.
- The U.S. FTC and the UK CMA are investigating the Microsoft/OpenAI collaboration over potential competition concerns.
- Outside of high-level voluntary commitments, noticeable advancement is sparse in the field. global AI governance .
- To supplement the funding for computational needs, financial institutions are beginning to introduce GPU debt funds, aiming to replace VC equity financing.
- An AI-focused song makes it to either the Billboard Hot 100 or the Spotify Top Hits for 2024. AI-generated song .
- An inference-focused AI chip company is taken over by a prominent AI corporation (like OpenAI) as the demand for inference processes and the associated costs significantly rise.
The extensive report, comprising 160 slides, meticulously examines the evolution of AI across various sectors, including research, industry standards, regulations, and safety measures. Its genuine worth, though, lies in the insightful forecasts the authors provide for the upcoming year, all while reflecting on their previous predictions and the lessons learned from past outcomes.
This report is a goldmine of information, filled with graphs, charts, and visuals that you can explore in detail.
What Happened Yesterday Is Gone, What Lies Ahead Is Uncertain
In 2022, visions for 2023 were crafted, and two significant alerts from experts in science fiction and futurology have come true. The first addresses the unpredictable emergence of artificial superintelligence (AGI), which remains an open question. The second warning, however — regarding the contrasting trajectories of AI development in the USA and China leading to potentially grim futures — has become an undeniable reality. replacing humans What Happened Yesterday Is Gone, What Lies Ahead Is Uncertain
, a premier yearly report now in its fifth year, celebrated for its analytical thoroughness and forward-thinking perspective. Compiled by State of AI Report 2022 investors Nathan Benaich and Ian Hogarth, this report serves as a fundamental reference point for a wide range of audiences, from analysts and business leaders to policymakers and AI aficionados. AI startup Previous editions have compelled numerous top analysts to revisit their evaluations. Spanning 114 slides, the report provides a comprehensive review of advances in AI from the last year across various sectors while offering significant insights into anticipated AI developments, alongside an analysis of last year’s predictions and their timelines. The report reveals that while four out of eight predictions from last year were accurate, it certainly doesn't resemble a mere coincidence.
There’s no need for a summary of this report. It presents a wealth of information beneficial for a diverse audience. The central takeaway, highlighted in this article, is that two distinct dystopian futures in AI are starting to materialize globally: the “Big Brother AI” and the “Big Stupid.”
Top 9 AI Forecasts for 2023 Made the Previous Year
DeepMind is in the process of training a multimodal reinforcement learning model that boasts 10 billion parameters, significantly surpassing the size of the Gato model.
- NVIDIA has revealed a strategic collaboration
- A state-of-the-art language model is being trained on a dataset ten times larger than Chinchilla, emphasizing the advantages of scaling data sets over simply increasing model parameters. with an organisation focused on AGI.
- these tools are projected to engage over 100,000 developers.
- By September 2023, generative audio GAFAM has committed more than $1 billion to an AGI or open-source AI enterprise (such as OpenAI).
- With market realities taking a toll on semiconductor startups, a notable high-profile startup faces closure or is acquired for a fraction of its recent valuation.
- In the face of NVIDIA’s A UK, U.S., or EU politician supports legislation to regulate AGI Labs with the same rigor as Biosafety Labs.
- Next year will see over $100 million channeled into dedicated AI Alignment organizations as awareness grows around the risks of allowing AI capabilities to advance without appropriate safety measures.
- A significant user-generated content platform (like Reddit) is in discussions to secure a commercial deal with a startup creating AI models (like those from OpenAI) to utilize their corpus of user-generated contributions.
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Disclaimer
In line with the Trust Project guidelines Damir serves as the team's leader, product manager, and editor at Metaverse Post, where he covers realms including AI/ML, AGI, LLMs, the Metaverse, and Web3-related topics. His insightful articles capture the attention of an impressive audience of over a million readers each month. With a decade of expertise in SEO and digital marketing, Damir is recognized as an authority in the field, often cited in renowned publications such as Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and more. As a digital nomad, he traverses the UAE, Turkey, Russia, and the CIS. Damir holds a bachelor’s degree in physics, an educational background he credits for enhancing his critical thinking skills, crucial for navigating the fast-paced evolution of the internet.
