Top 5 Tech Trends to Follow in 2024 (& 1 to Ignore)
2023 was a year of grabbing new opportunities for many businesses. With digital transformation and tech innovations taking center stage, several companies experimented with opening new doors and adapting new technologies. This year will be no different.
However, instead of being hurled into a storm of tech predictions, we’ll stick to reality and also highlight the one over-hyped trend to avoid in 2024.
First, let’s start with the five tech trends companies wishing to ace in the digital world must follow.
5 Futuristic Tech Trends for 2024
Generative AI
In 2023, the phrase ‘Artificial Intelligence’ was enough to cast a wave of fear among people. For tech and non-techies, the introduction of Generative AI caused discomfort as most believed it was here to steal their jobs.
Interestingly, Elon Musk has hinted at the likelihood of AI leaving no space for human jobs. And yet, when looked at with a deeper lens, Gen AI can be the smart assistant business owners can use to their advantage. For example, it is best used for mundane tasks, such as scheduling, management, project structuring, and much more. This leaves room for humans to get ahead with the creatives.
Extended Reality
All good things take time. This holds true for Extended Reality (XR). After failing to capture the mass’s attention for three decades, 2024 will be the year XR sees a rise.
Born from the convergence of augmented reality (AR) and virtual reality (VR), XR won’t only boost the gaming industry. Instead, industries like healthcare and education, among others, would see a positive surge in acceptance and adaptation.
According to analysts, tech advancements are the major reason behind Extended Reality becoming a top trend this year.
Blockchain Technology
Bitcoin and other cryptocurrencies played a prominent role in hyping blockchain technology. However, its true potential extends beyond cryptocurrencies. In 2024, the greatest benefit to leverage from blockchain technology is via digital identity control.
Moreover, since security in cyberspace is becoming more threatening, industries such as supply chain management, healthcare, and finance can utilize its decentralized power to maintain transparency.
Green Energy
Talks about minimizing carbon footprints and environmental impact are nothing new. Besides, companies are actively focusing on durability, recyclability, and reusability when working on a product design. This signifies the pathway for this year: a sustainable digital world.
Experts also suggest ideas like green cloud computing that promotes healthy, greener living while using eco-friendly apps. Other concepts are already underway, such as electric bikes, buses, and cars, to name a few.
Robotics
Designing a robot that performs with human-like capabilities has been at the forefront of robotics. With the assistance of AI, it’s becoming more realistic than ever. So, while Sophia might have been introduced in 2016, we may see much more advanced models this year. However, a noticeable aspect is the use of robotics to improve digital processes within different industries like healthcare and manufacturing.
Several collaborative robots are also in the making, as they are said to enhance human productivity and minimize workloads. Whether this tech trend will turn out to be a blessing or curse, only time will tell.
Tech Trend to Ignore this Year
Quantum Computing
Quantum computing has been a buzzword for quite some time. With its tremendous problem-solving capabilities, it’s a no-brainer why it’s grabbing eyeballs. And yet, there are several years before businesses can leverage it to the fullest.
Furthermore, Meta’s research team has also spread a word of caution when experimenting with quantum computing, as it can dangerously compromise sensitive communications. Suffice to say that it’s one thing businesses can focus less on, at least in the year ahead.
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