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2024 Tech Trends Businesses Should Start Preparing For Now

Sep 27, 2023 - forbes.com
The article discusses the top 20 tech trends that experts predict will dominate 2024. These include addressing power grid instability, reducing technical debt, incorporating AI and machine learning, preparing teams for AI integration, ensuring ethical AI usage, and focusing on finance as a CIO. Other trends include prioritizing repeatability and scalability, accelerating digital transformation, browsing and shopping via voice search, blending customer-centric marketing and privacy, adopting DeFi, embedding financial workflows in products, integrating brain-computer interfaces, harnessing data for generative AI, achieving governance and security of AI and LLMs, protecting data access and privileges, tapping into the power of 5G, merging physical, generative and virtual realities, leveraging quantum computing, and preparing for emotional AI.

Businesses are advised to start preparing for these trends now. This preparation includes refining and expanding AI usage, balancing the need to innovate with tightening budgets, and understanding the potential challenges and opportunities each trend presents. The goal is to ensure businesses remain competitive and successful in the rapidly evolving tech landscape.

Key takeaways:

  • Artificial intelligence, particularly generative AI, will continue to be a dominant tech trend in 2024, with businesses needing to focus on refining and expanding AI usage.
  • Other emerging tech trends include addressing power grid instability, reducing technical debt, incorporating AI and machine learning, and ensuring ethical AI usage.
  • Businesses should also prepare for trends like the rise of decentralized finance, the integration of brain-computer interfaces, and the harnessing of data for generative AI.
  • Other future trends include the expansion of 5G networks, the merging of physical, generative and virtual realities, the rise of quantum computing, and the emergence of emotional AI in customer interactions.
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