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How Some Experts See The Future Of AI In 2024

Dec 30, 2023 - forbes.com
The article discusses the impact and future of artificial intelligence (AI) in various sectors. It highlights the growth of the AI market, expected to be worth $150 billion and predicted to grow twentyfold by 2030. The article also discusses the legal issues surrounding AI, such as the New York Times' lawsuit against Microsoft and OpenAI for copyright infringement. It mentions the potential of AI in sustainability, global challenges, security, commerce, and enterprise sectors. However, it also warns of the risks and challenges, including energy consumption, security vulnerabilities, and the need for robust governance frameworks.

The article emphasizes the need for responsible AI adoption, with industry leaders, policymakers, and technology providers working together to build a foundation that addresses security, compliance, and ethical considerations. It predicts an increase in the use of AI for security and a rise in enterprise-oriented large language models (LLMs) to improve productivity and efficiency. However, it also warns of the potential risks, such as new vulnerabilities and the exposure of sensitive information to attackers. The article concludes by stressing the importance of learning from past experiences and staying ahead of potential challenges to ensure that innovation is not compromised by vulnerabilities.

Key takeaways:

  • The global AI market is estimated to be worth $150 billion and is expected to grow twentyfold by 2030, impacting every market sector.
  • AI is predicted to have a significant impact on sustainability, both negatively through energy consumption and positively through optimizing operations to reduce carbon footprints.
  • AI security is expected to be a major focus in 2024, with the rise of startups focusing on AI security and the integration of AI features into major applications.
  • Enterprise-oriented Large Language Models (LLMs) are expected to be leveraged more by businesses in 2024 to improve productivity and efficiency, but this comes with increased security risks.
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