As we approach 2024, the AI world is bracing for major shifts and breakthroughs. From tech giants changing strategies to startups facing challenges, here are 10 AI predictions 2024 that could shape the future of AI:

NVIDIA’s Cloud Computing Leap

The GPU giant is diving into cloud services, potentially reshaping its market dominance against Amazon, Microsoft, and Google’s own AI chip development. Expect data center builds and acquisitions to solidify this move.

Stability AI’s Uncertain Future

Despite significant funding, the once-promising startup faces financial pressures and key personnel departures. This serves as a reminder of the volatile nature of the AI startup ecosystem.

Evolving AI Terminolog

“Large Language Model” (LLM) won’t suffice as AI expands beyond text to images, audio, and more. Look for new terms capturing the essence of these advanced, multi-modal models.

Closed-Source Edge Remains

Despite the open-source movement, expect closed-source models like OpenAI’s GPT-4 to maintain their performance and innovation lead. Massive investments in proprietary projects like GPT-5 fuel this trend.

Chief AI Officers Rise(CAIO)

Just like Chief Cloud Officers, expect a surge in C-suite AI leadership roles as companies integrate AI into their core strategies. This reflects the growing need for dedicated guidance in the complex AI landscape.

Alternative AI Architectures Emerge

While the Transformer architecture reigns supreme, research into novel architectures for efficiency and processing is gaining momentum. Expect mainstream adoption of these innovations in 2024.

Regulatory Scrutiny of Tech Investments

Big tech’s AI startup investments, ostensibly for securing future cloud customers, might face scrutiny. Regulators will examine these investments for potential anti-competitive practices.

Microsoft-OpenAI Partnership Dynamics Shift

As both entities pursue their own AI ambitions, their partnership might face challenges. Evolving goals and strategies could lead to competitive tensions or divergent approaches.

Cryptocurrencies Resurface

Despite AI’s current prominence, a Bitcoin price rebound could redirect attention and investment back to the cryptocurrency domain, highlighting the cyclical nature of tech trends.

Copyright Controversy for AI Models

Training AI models on internet data might face legal challenges regarding copyright infringement. Expect potential US court rulings and a protracted legal battle with far-reaching implications for AI development and data utilization.

This is a peek into the fascinating and vibrant world of  predictions AI 2024. This is the case, with changes to innovation and business we will see greater legal challenges now that AI has inserted itself into our lives.