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AI in 2024: The top trends in AI to watch this year include fintech and edge computing

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AI in 2024 The top trends in AI to watch this year include fintech and edge computing

Artificial Intelligence (AI) became the buzzword of 2023 and was used in everything from social media to podcasts, mobile apps, news, and even everyday conversations. The introduction of ChatGPT in November 2022 ultimately served as the impetus for the long-awaited arrival of artificial intelligence.

Companies started utilizing AI in media to advertise and improve the usability of their online presence. Among its many features are motion interpolation, text-to-speech models like ElevenLabs, text-to-image models like Midjourney, and photo colorization.

However, as freely accessible AI apps became more widely used, the internet became a meme factory, with a ton of “Al Imagines” pictures and those songs appearing alongside Modi-Meloni videos featuring PM Narendra Modi’s AI-generated voice.

Deepfake videos became commonplace to the point where it was getting harder and harder to tell the difference between authentic and fake footage of the war in Gaza and the Ukraine.

In 2024, keep an eye out for the following AI trends:

2024 predictions for AI trends

Here are some possible AI trends that may continue to develop in the future, based on the direction of technological advancements and developments since 2022:

Ethics and Governance in AI

Regulations and ethical issues surrounding AI use will probably receive more attention as technology becomes more integrated into society, especially in delicate areas like healthcare, finance, and autonomous systems.

AI-Powered Customization

Companies will probably keep using AI to improve customer experiences by hyper-personalizing offerings and more accurately tailoring data to products and services.

Artificial Intelligence and Edge Computing

It is anticipated that the integration of AI with edge devices will increase, allowing for faster decision-making and lower latency through processing data closer to its source.

AI’s Progress in Healthcare

With advancements in precision medicine, drug discovery, and enhanced diagnostics through AI-driven imaging and analysis, artificial intelligence’s role in healthcare could grow even more.

Artificial Intelligence in Cybersecurity

Cybersecurity tools driven by AI will probably keep changing. AI will become more and more integrated into cybersecurity to protect systems and data through threat detection, anomaly identification, and real-time response to cyberattacks.

Natural Language Processing (NLP) Advancements

It’s likely that AI systems will advance in their ability to comprehend and produce language that is similar to that of humans, enhancing chatbots, language translation, and content creation.

Artificial Intelligence and Solutions for Climate Change

Artificial intelligence (AI) has the potential to be extremely important in managing resources, maximizing energy use, and supporting scientific research to address climate change issues.

Artificial Intelligence in Finance

There is a great chance that AI will be further integrated into fintech, especially in risk assessment, fraud detection, and personalized financial advice.

Artificial Intelligence in Education

ongoing creation of tools for assessment, individualized tutoring, and AI-driven adaptive learning systems to meet the needs of each unique student.

Even though all of the trends are based on the AI analysis from the previous year, there may be unanticipated events and technological advancements that cause the landscape to change in 2024.

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Threads uses a more sophisticated search to compete with Bluesky

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Instagram Threads, a rival to Meta’s X, will have an enhanced search experience, the firm said Monday. The app, which is based on Instagram’s social graph and provides a Meta-run substitute for Elon Musk’s X, is introducing a new feature that lets users search for certain posts by date ranges and user profiles.

Compared to X’s advanced search, which now allows users to refine queries by language, keywords, exact phrases, excluded terms, hashtags, and more, this is less thorough. However, it does make it simpler for users of Threads to find particular messages. Additionally, it will make Threads’ search more comparable to Bluesky’s, which also lets users use sophisticated queries to restrict searches by user profiles, date ranges, and other criteria. However, not all of the filtering options are yet visible in the Bluesky app’s user interface.

In order to counter the danger posed by social networking startup Bluesky, which has quickly gained traction as another X competitor, Meta has started launching new features in quick succession in recent days. Bluesky had more than 9 million users in September, but in the weeks after the U.S. elections, users left X due to Elon Musk’s political views and other policy changes, including plans to alter the way blocks operate and let AI companies train on X user data. According to Bluesky, there are currently around 24 million users.

Meta’s Threads introduced new features to counter Bluesky’s potential, such as an improved algorithm, a design modification that makes switching between feeds easier, and the option for users to select their own default feed. Additionally, it was observed creating Starter Packs, its own version of Bluesky’s user-curated recommendation lists.

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Apple’s own 5G modem-equipped iPhone SE 4 is “confirmed” to launch in March

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Tom O’Malley, an analyst at Barclays, recently visited Asia with his colleagues to speak with suppliers and makers of electronics. The analysts said they had “confirmed” that a fourth-generation iPhone SE with an Apple-designed 5G modem is scheduled to launch near the end of the first quarter next year in a research note they released this week that outlines the main conclusions from the trip. That timeline implies that the next iPhone SE will be unveiled in March, similar to when the present model was unveiled in 2022, in keeping with earlier rumors.

The rumored features of the fourth-generation iPhone SE include a 6.1-inch OLED display, Face ID, a newer A-series chip, a USB-C port, a single 48-megapixel rear camera, 8GB of RAM to enable Apple Intelligence support, and the previously mentioned Apple-designed 5G modem. The SE is anticipated to have a similar design to the base iPhone 14.

Since 2018, Apple is said to have been developing its own 5G modem for iPhones, a move that will let it lessen and eventually do away with its reliance on Qualcomm. With Qualcomm’s 5G modem supply arrangement for iPhone launches extended through 2026 earlier this year, Apple still has plenty of time to finish switching to its own modem. In addition to the fourth-generation iPhone SE, Apple analyst Ming-Chi Kuo earlier stated that the so-called “iPhone 17 Air” would come with a 5G modem that was created by Apple.

Whether Apple’s initial 5G modem would offer any advantages to consumers over Qualcomm’s modems, such quicker speeds, is uncertain.

Qualcomm was sued by Apple in 2017 for anticompetitive behavior and $1 billion in unpaid royalties. In 2019, Apple purchased the majority of Intel’s smartphone modem business after the two firms reached a settlement in the dispute. Apple was able to support its development by acquiring a portfolio of patents relating to cellular technology. It appears that we will eventually be able to enjoy the results of our effort in four more months.

On March 8, 2022, Apple made the announcement of the third-generation iPhone SE online. With antiquated features like a Touch ID button, a Lightning port, and large bezels surrounding the screen, the handset resembles the iPhone 8. The iPhone SE presently retails for $429 in the United States, but the new model may see a price increase of at least a little.

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Google is said to be discontinuing the Pixel Tablet 2 and may be leaving the market once more

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Google terminated the development of the Pixel Tablet 3 yesterday, according to Android Headlines, even before a second-generation model was announced. The second-generation Pixel Tablet has actually been canceled, according to the report. This means that the gadget that was released last year will likely be a one-off, and Google is abandoning the tablet market for the second time in just over five years.

If accurate, the report indicates that Google has determined that it is not worth investing more money in a follow-up because of the dismal sales of the Pixel Tablet. Rumors of a keyboard accessory and more functionality for the now-defunct project surfaced as recently as last week.

It’s important to keep in mind that Google’s Nest subsidiary may abandon its plans for large-screen products in favor of developing technologies like the Nest Hub and Hub Max rather than standalone tablets.

Google has always had difficulty making a significant impact in the tablet market and creating a competitor that can match Apple’s iPad in terms of sales and general performance, not helped in the least by its inconsistent approach. Even though the hardware was good, it never really fought back after getting off to a promising start with the Nexus 7 eons ago. Another problem that has hampered Google’s efforts is that Android significantly trails iPadOS in terms of the quantity of third-party apps that are tablet-optimized.

After the Pixel Slate received tremendously unfavorable reviews, the firm first declared that it was finished producing tablets in 2019. Two tablets that were still in development at the time were discarded.

By 2022, however, Google had altered its mind and declared that a tablet was being developed by its Pixel hardware team. The $499 Pixel Tablet was the final version of the gadget, which came with a speaker dock that the tablet could magnetically connect to. (Google would subsequently charge $399 for the tablet alone.)

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