The increasing prominence of AI was also evident at CES 2024, with AI-powered products featured across various categories. This surge in AI's prominence at both events underscores the technology's increasing influence and the industry's collective acknowledgment of its transformative potential. The shift towards AI suggests that it is becoming a foundational technology, with the potential to drive the next era of transformation in the tech industry.
Key takeaways:
- At the World Economic Forum (WEF) in Davos, Switzerland, artificial intelligence (AI) has become the central focus, with major companies promoting their AI products and services.
- Prominent global technology companies, including Intel and Salesforce, are vying for leadership positions in the AI space, with AI taking center stage over cryptocurrency firms.
- AI and machine learning startups attracted significantly more investment in the third quarter than Web3 and decentralized finance companies, according to PitchBook's Emerging Tech Indicator.
- The prevalence of AI was also a dominant theme at the Consumer Electronics Show (CES) 2024, suggesting that the technology might be reaching its peak.