Artificial Intelligence in 2024 and Beyond
I am a Mechanical Engineering graduate with a Bachelor's degree. I was more interested in Digital Marketing so I started my current position at Ondot Media India Pvt. Ltd. as a Web Publisher and a Digital Marketer since January 2023. I have gained corporate experience by getting my hands on Digital Marketing, Content Marketing, and sales.
The introduction of Artificial intelligence (AI) tools has allowed everybody to interact with it. It made a big difference and created huge hype. This transformed the market perception. By looking at it, there were a lot of inflated beliefs about AI tools that increased expectations.
So, for several reasons, these specializations or smaller models will be more efficient and become more popular or adopted in 2024. Stanford University has been doing a lot of research regarding the transparency of these models. They've even created a specialized research group that looks at only that specific point.
In 2024, the ethical side of things will be a focus for everybody. Organizations are in different layers of usage and consumption. So, the impact will be similar to when we had cloud adoption and moved to SaaS (software as a service).
On the other hand, governments will also have quite a lot of expectations from different providers within the market. This means that as a company that builds AI tools, you'll have to explain both ethics and compliance processes. That's important. And this will also mainly drive the adoption of more specialized models.
Considering AI tools and even automation tools in general, ABBYY had a big focus on simple automation in Industry 4.0. With the shift to Industry 5.0 principles, it's much more about augmenting people and helping them work faster and more efficiently. But we're not trying to replace anybody.
