These are the latest AI technologies and trends widely used in 2024.
- Generative AI and Chatbots
- Creative art by AI
- Enhanced AI LLMs
- AI Hardware and Infrastructure
- Regulation and Compliance
- AI in Software Engineering
- AI Developments in Healthcare
Generative AI and Chatbots
AI LLMs like ChatGPT, Gemini, and Bing are now becoming essential for business purposes. These LLMs assist with drafting emails, generating reports, and automation of customer service. Recently, Microsoft and Google have added these features to their chatbots to make the work quicker and easier.
New LLMs like Gemini, Bing, and GPT-4 are very versatile and useful in handling different types of prompts (text, images, etc.) making it easier for the users
Enhancement in Chatbots
Chatbots are being enhanced and better day by day. They can perform complex tasks like Coding, personal assisting connecting with another online service, and many others.
Creative art by AI
AI platforms are also used in generating images, these AI platforms like Adobe Stock and Shutterstock offer tools, and create AI-based images. These platforms can produce high-quality images quickly. But these images are different from human-based art. Read more
Enhanced AI LLMs
LoRA(Low Rank Adaptation) helps AI models to work more efficiently by optimizing only a small part of the model. This helps in the completion of the process quickly and less resource-intensive, helping smaller companies to use powerful AI without the help of huge computing resources.
Quantization
To conserve memory and expedite processing, the model quantizes its computations by decreasing their precision. Everyone may now use AI more affordably and with greater accessibility thanks to this method and LoRA (IBM, United States).
AI Hardware and Infrastructure
GPUs, or graphics processing units, are in high demand since AI models require them to function. Innovations in the development of more economical and effective hardware solutions have resulted from this. To accommodate the expanding use of AI, cloud service providers are likewise modernizing their infrastructure
Regulation and Compliance
Governments and regulatory agencies are enacting more stringent guidelines to guarantee the safe and ethical application of AI. To regulate the development and application of AI, for instance, the U.S. government and the European Union have proposed regulations.
Businesses are also adapting to these rules to make sure they adhere to the new legal requirements (Unite.AI)
AI in Software Engineering
The ability to generate efficient AI inputs or prompt engineering is quickly becoming a prerequisite for software development. For developers to get the maximum performance out of AI models, they must know how to create these cues. Not just for specialists, but for many tech roles as well, this competence is now necessary (TechRepublic)
AI developments in Healthcare
AI is transforming healthcare by making it possible to provide more advanced preventive care, individualized therapies, and quicker, more accurate diagnoses. To identify diseases at an early stage and customize care for each patient, machine-learning algorithms examine genetic information and medical imaging. Predictive analytics powered by AI help identify patients who are at risk for early intervention, and robotic surgery improves accuracy and recuperation times. These developments offer far better patient outcomes and quality of life through more accessible, effective, and efficient healthcare.
These developments demonstrate how AI is developing and influencing many facets of society and business, increasing the power and accessibility of technology but also requiring new laws and expertise.
