Five Future AI Trends

Image credits: Created by Versed via Midjourney

It's time to look at Versed’s future predictions for AI and see what 2024 has in store for us. In this article we delve into the top five AI trends predicted to shape the coming year.

First off, AI-generated video! Following the success of AI-generated text and images in 2023, we're expecting AI video models to mature into products that produce lifelike results. Pika 1.0 is already showing us a glimpse of this future, generating high-quality short clips from text prompts.

Next, AI skills are becoming a must-have for job seekers. With AI predicted to impact 40% of the workforce in the next three years, and 75% of employers struggling to find AI-qualified talent, it's clear that AI savvy is the new black. Expect to see ChatGPT as a common skill on CVs, right next to Excel.

Thirdly, AI is set to revolutionise our smartphones. As more efficient models like Google’s Gemini Nano emerge, we anticipate a wave of AI features on smaller devices. This will open up a whole new world of AI-powered possibilities for our pocket devices.

The fourth trend to watch is the evolution of AI models. They're becoming smaller, cheaper, and multimodal, capable of processing and producing images, audio, and even video. We're expecting to see a rise in specialised models like Microsoft's PHI-2 and Mistral 7B, designed for specific use cases and able to run on cheaper hardware.

Finally, brace yourselves for drama. The rapid advancements in AI capabilities in 2023 were matched by equal measures of controversy. From boardroom reshuffles to high-profile court cases, the AI world is set for another rollercoaster ride in 2024.