What to expect from technology in 2024

Artificial intelligence (AI) burst into the technological sphere in 2023 with the growing popularity of OpenAI ChatGPT Chatbot. But will AI continue to grow exponentially or, like the metaverse, will its bubble burst?

Euronews Next looks at what we can expect from technology trends in 2024.

Emotion AI

Generative AI, the technology behind ChatGPT that learns data patterns and generates new data in the form of text or image, was the buzz of 2023.

But next year, emotional AI, which detects and interprets human emotional signals, will take over, according to Federico Menna, director general of the European Institute of Innovation and Technology (EIT Digital).

“Emotional AI is the next trend after generative because, in addition to being able to generate content based on the user’s interaction or request, emotional AI is capable of reacting and understanding the emotions of the human being in front of the machine and react accordingly “, said. he told Euronews Next.

Menna said he hopes it will also be key for the health sector, as it would allow people with chronic illnesses, age-related problems or mental health problems to live better.

He hopes that emotion AI will also thrive in the mobility sector.

“In the inner-city environment, emotional AI could play an important role. Someone, for example, might be nervous because the city is also too dark and somehow an algorithm can turn on some lights,” he said.

The last sector where emotional AI could also be important is finance, as Menna points out, it is “where people’s emotions are because when you touch their money or their wealth, of course, they are very sensitive.”

But he said that since this is a heavily regulated sector, the use of technology can begin with a very specific application and not by the big banks.

The responsibility of AI

Generative AI will continue to be important and “revolutionize” businesses from software development to daily operations, said Jitendra Putcha, European vice president of data, analytics and AI at technology consultancy LTIMindtree.

He believes all industries, from travel to media, will benefit from technology, which not only enhances creativity but can also reduce costs, improve training and growth, and improve privacy and security.

AI could better understand human emotions by 2024

AI could better understand human emotions by 2024 -Canvas

“The interesting thing is that AI is becoming more accessible and going beyond big tech companies thanks to the convergence of cloud and open source,” Putcha told Euronews Next.

But, quoting Spiderman, he said that “with great power comes great responsibility.”

“We have a magic wand in our hand that can work wonders, however, as advisors, evangelists, technologists and adopters, we have a responsibility to use it in the right context for the right thing and with the right barriers in place,” he said.

In order to scale AI, a strong data foundation is required, so we will see more companies focus on trust in data, including quality and governance for better results, Putcha explained.

Regulation will also become an important issue for AI companies, with Europe and the United States agreeing on new AI legislation on their continents in late 2023.

“As technologists, we must take a cautious path but still maintain momentum toward the vision of responsible AI,” Putcha said.

As the Formal adoption of EU AI Law expected in 2024will impose specific rules on providers and implementers of AI systems in areas such as transparency, documentation and testing.

“It’s inevitable that AI regulation will create some hurdles, and large corporations will certainly get around it faster, while smaller companies will need more patience,” Putcha said.

But he said organizations that advocate for ethical solutions will stand out, pointing to models that could filter out misinformation and use ethically sourced data for training.

Space technology

While AI will remain on the horizon, it may have peaked and space technology could be the next big thing in 2024.

“I firmly believe that 2024 will bring even greater advancement in space technology. Just like today, everyone starts a conversation with AI, people will talk a lot more about space technology because of the various trends that are happening,” Adam Niewinski, co-founder and general partner of the European equity firm, told Euronews Next. OTB Ventures venture.

Space satellites will be big in 2024Space satellites will be big in 2024

Space satellites will be big in 2024 -Canvas

AI topics will continue for the next decade or so, but in terms of dynamics and growth, the space will be even bigger as there is already “quite a buzz around AI,” he said.

In terms of what kind of space technology will be the star of 2024, it won’t be space travel but satellites.

Technology allows humans to detect what is happening on our planet, such as weather disasters, but we can also predict weather patterns and better understand melting ice and how we should manage water resources.

“In the coming months and years, people will be able to manage many activities, from logistics to irrigation, based on data from space. “It won’t be rocket science, it will just be integrated into our lives,” Niewinski said.

Other space data that will be critical is that of agriculture. From space you can see how water and energy are used for crops. Satellites can also document environmental damage caused by the cleanup of ships and oil tankers at sea.

As for which companies will generate the most buzz, Niewinski said SpaceX will have similar influence to OpenAI.

“He [SpaceX] “It is a company that is leading a change and this change will be greater and greater because people will begin to understand and see the importance of space technology, which will allow us to better understand everything that happens on Earth,” he said.

But he also noted that it is important for new companies to enter the sector, instead of traditional companies like Boeing, which, according to him, were never forced to be innovative because they occupied a comfortable position and monopolized the market.

“The only way to change this is to allow new space companies to enter the market more dynamically and allow or even support these companies to compete with existing ones. “We are starting to see this happen, but we need more momentum,” Niewinski said.

Quantum and cybersecurity

2023 was a big year for quantum computing: IBM came one step closer to figuring out how to minimize data errors.

But how quantum computing can protect us online will be a big topic in 2024.

Quantum computing will continue to be a big trend in 2024Quantum computing will continue to be a big trend in 2024

Quantum computing will continue to be a big trend in 2024 -Canvas

The US National Institute of Standards and Technology (NIST) will publish final post-quantum cryptography (PQC) standards in early 2024, marking the end of an eight-year global project for the cryptography community, said Dr. Axel Poschmann. head of product innovation and security at PQShield, a British cybersecurity startup specializing in quantum security solutions.

“With this announcement, we will usher in the biggest cybersecurity transition in a generation as we work to protect our data and digital infrastructure from attacks by quantum computers,” he told Euronews Next.

He said he expected a continued stream of announcements claiming the improved performance of quantum computers.

“Each proclamation raises the urgency of the adoption of post-quantum cryptography. With these advancements, there is greater potential to harvest now and crack an attack later.

“Cybercriminals will recognize the additional potential value of collecting, storing and selling this encrypted data throughout the cybercriminal ecosystem,” he warned.

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