In 2024, breakthrough emerging tech trends, including machine intelligence and the convergence of reality and virtuality, are expected to influence our lives substantially. Navigating the future of the internet, these tech trends will also need us to thrive and succeed while reducing and correcting environmental damage. In light of the ongoing digital transformation, it is crucial to proactively anticipate the profound implications of these tech trends on various facets of life, society, and the environment.
Top 5 Emerging Technologies to Watch in 2024
Let’s discuss the top five emerging tech trends of 2024.
1. Generative AI: Small Will Now Be the New Big
In late 2022 and early 2023, generative AI attracted a lot of interest worldwide as one of the emerging trends, and its potential business effect was anticipated to be substantial. Smaller, more affordable models, such as large language models (LLM), will be required by 2024. These models must be able to operate on low-footprint installations with constrained processing power.
New AI platforms will mix generative AI models with high-quality data from knowledge graphs to counteract hallucinations. Media will give businesses the means to use AI without requiring extensive internal technical knowledge, resulting in the development of multi-agent generative ecosystems and linked networks of models. These advancements indicate a technological shift toward greater affordability, adaptability, and accessibility.
- Quantum Technologies: When Cyber Meets Quantum
Computing power is increasing the cyber weapons race, requiring better digital defenses. Threat detection increasingly uses AI and ML, and zero-trust security may become universal. Although quantum computing is advancing quickly as one of the tech trends, encryption standards may need to be updated. For data privacy and security, quantum-resistant algorithms are required.
In 2024, the US National Institute of Standards and Technology will release the PQC standard. As companies use quantum technologies, worldwide cybersecurity norms will change, affecting business executives and technology professionals.
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- Batteries: The Power of New Chemistry
Businesses and governments are enhancing battery performance and lowering prices to promote electric mobility and long-term energy storage. They are the latest tech trends. Exploration of cobalt-free or solid-state batteries may accelerate in 2024.
These batteries are more energy-efficient and cheaper than standard batteries. Also, they reduce dependence on lithium, nickel, cobalt, rare-earth minerals, and graphite. Moreover, they also offer longer lifespans and better safety. These advances may provide the battery sector with additional options and help combat climate change using materials more sustainably.
- Phygital Convergence
Augmented reality (AR), virtual reality (VR), and the internet are bridging the real and digital worlds. You live as digital avatars in virtual spaces using Zoom, Teams, and Slack for remote collaboration and gaming. TikTok and Instagram let you share real-life moments online. Digital twins, virtual representations of real-world objects, systems, and processes, are growing across sectors.
Furthermore, genomic advances allow us to strip life’s essence into digital code that can be modified and rebuilt for medication engineering and disease eradication. By 2024, the actual and virtual worlds will be able to erase the difference between them due to one of these best-emerging technologies.
- Sustainable Technology
In 2024, nations and companies will prioritize sustainable technologies to attain net-zero goals. Technology like electric automobiles, bikes, and public transportation will reduce environmental effects. Carbon capture and storage, renewable energy, and the circular economy are sustainable alternatives. Product design will incorporate durability, recyclability, and reusability, while tech will embrace green cloud computing and sustainable apps.
These emerging technologies have a great deal of promise to help us solve problems affecting our world and ourselves. How do you envision these emerging technologies shaping our world? Share your thoughts in the comments below!
