It’s been two years since OpenAI released ChatGPT and since then AI (artificial intelligence) has been integrated into so many aspects of our daily lives. As we progress through 2024, AI innovations continue to enrich and reshape the future of technology and businesses.

Whilst we navigate the challenges and opportunities AI brings, here are 4 major AI trends to keep an eye out for:

1. A New Generation of Generative AI
The next generation of generative AI will move beyond basic chatbots and simple image creators. Only recently did OpenAI release ChatGPT 4o, a new model that can reason across audio, vision, and text in real-time. A significant advancement in this field is multi-modal generative AI, capable of blending different inputs like text, voice, music, and visuals.

Soon, AI systems’ integrated capabilities will bring countless possibilities, from creating layered content to delivering captivating multisensory experiences. As we move further into 2024, the line between human artistry and AI-generated creations will blur. OpenAI has already announced its plans to roll out ChatGPT 5 in the summer, an enhanced version of the current GPT-4 multimodal abilities, including video integration, significantly transforming our interactions with AI.

Statista projects that the generative AI market will expand from $14 billion in 2020 to $1.3 trillion by 2032.

2. Ethical AI
AI will be everywhere and its growing presence raises certain concerns. As AI becomes more involved in decisions, such as in healthcare and finance, it must operate fairly and transparently. However, ensuring this goes beyond just making unbiased algorithms. It’s increasingly become clear we need strict standards to hold both AI systems and their creators accountable. As we near 2025, there is already a greater focus on teaching AI ethics and prioritizing ethics in AI research and development.

As AI technology evolves and becomes more prevalent, there’s a significant demand for experts who can clarify the complexities of various AI frameworks and regulations. These AI experts will play a crucial role in translating theoretical ethical principles into actionable guidelines, ensuring adherence to emerging standards, and minimizing misuse.

3. Quantum AI
In simple terms, quantum AI refers to the integration of quantum computing principles and algorithms with artificial intelligence techniques. Quantum AI has the potential to revolutionize various fields by solving complex optimization problems, enhancing machine learning algorithms, and enabling the development of more powerful AI systems.

While there have been some experimental implementations and demonstrations of quantum algorithms for machine learning and optimization tasks, the widespread use of quantum AI in real-world applications is still in its infancy. However, the field is rapidly evolving, and with advancements in quantum computing hardware and algorithms, we may see increased adoption of quantum AI very soon.

4. Augmented Workers
For many years, people and machines have worked together in workplaces. Amidst concerns about automation, recent advances in technology, including robotics and AI, are expected to create new job opportunities and enhance workforce efficiency.

As companies embrace digitalization strategies accelerated by the pandemic, AI applications like automation and intelligent scanning are becoming integral to operations, augmenting human capabilities rather than replacing them. To fully leverage this symbiotic relationship, reskilling efforts will be crucial for employees to adapt to evolving job roles, while regulations like the EU’s proposed Artificial Intelligence Regulation aim to ensure responsible AI use in business.

As we journey through 2024, the integration of AI into our daily lives continues to shape the future of technology and business. From the emergence of a new generation of generative AI to the growing focus on ethical considerations, the evolution of quantum AI, and the rise of augmented workers, these trends underscore both the opportunities and challenges AI brings. As we navigate the AI landscape, staying informed and proactive will be essential to harnessing the full potential of AI while addressing ethical, regulatory, and societal implications.