It is almost that time of the year again where people, (especially the clergy men) will envisage what the new year will produce and the vast expectations around the new year. We tried to anaylize what we should expect in 2024 using AI to capture these importantatly expected happenings.
Technology:
Generative AI will move from theory to practice, with more real-world applications and challenges. AI models will need to be more efficient, sustainable, and creative.
IT and security teams will converge, as cyber threats become more sophisticated and require a unified response. New platforms and technologies will enable better collaboration and protection.
Quantum computing will make significant progress, with more breakthroughs and use cases. Quantum algorithms and software will become more accessible and powerful.
Technology will transform education, with more immersive and personalized learning experiences. Virtual reality, simulation, and AI will enhance the teaching and learning process.
Technology will also revolutionize health care, with more preventive and restorative solutions. Biocomputers, synthetic health data, and robo-paramedics are some of the innovations that could emerge.
Health:
The COVID-19 pandemic will enter the endemic phase, meaning that the virus will circulate at a low level and cause occasional outbreaks.
A second malaria vaccine, called R21, will be approved by the WHO and start rolling out in some countries, offering a new tool to fight the deadly disease.
Health equity will become a top priority for health care and life sciences organizations, as they face increasing regulatory pressure and social demand to address the disparities and social determinants of health.
Health technology will continue to advance, with innovations such as artificial intelligence, biocomputers, synthetic health data, neuropriming, and robo-paramedics.
Health care will shift from reactive to restorative and preventive, with a focus on wellness, personalized medicine, and digital health.
Agriculture:
Precision agriculture and technology adoption will continue to drive efficiency in the farming sector. Technologies such as GPS-guided tractors, automated irrigation systems, advanced data analytics, and aerial imaging will help farmers optimize their operations and resource utilization.
Sustainability will be a key priority for farmers and consumers alike. Farmers will adopt practices that minimize environmental impact, such as precision application of fertilizers and pesticides, cover cropping to improve soil health, and the integration of renewable energy sources into farming operations.
Crop diversification will be a strategy to reduce risk and adapt to changing market demands. Farmers will explore a wider range of crops to improve soil health and reduce the reliance on monoculture farming.
Data-driven decision-making will be the backbone of modern crop management. Farmers will rely on data analytics and predictive modeling to make informed decisions about planting, harvesting, and resource allocation
Economic growth and inflation will slow down in 2024, affecting the demand and prices of agricultural commodities. Crop prices will dip again after reaching record highs in 2023.
Social media is constantly evolving and adapting to new trends, technologies, and user preferences. Based on the web search results from Bing, here are some of the predictions for social media in 2024:
Social Media:
Authenticity will be more important than ever, as consumers demand honest and transparent content from brands and influencers. This means using more user-generated content, employee advocacy, and engaging with the community.
Creators and influencers will continue to play a key role in social media marketing, as they provide trusted and familiar voices for brands and products. They will also become more involved in product development, consulting, and entrepreneurship in various sectors.
Social commerce will grow and integrate with retail media and creator economy, as social platforms become the hottest new search engines and shopping destinations. Brands will need to optimize their social landing pages, owned channels, and omnichannel purchase tracking.
Generative AI will speed up the creative process and enable new forms of content creation, such as music clips, micro-moments, challenges, news bytes, ASMR, ambient scenes, and more34. However, AI will also pose ethical and quality challenges, as brands need to balance automation and human oversight.
Video content will make a big comeback, as social platforms welcome longer and more immersive formats, such as live streams, documentaries, podcasts, and VR/AR experiences. However, short and vertical videos will still dominate the social feeds, as they are more snackable and engaging
Engagement will move from feeds to DMs, as social platforms offer more features and tools for private and personalized communication, such as Threads, Spaces, and Messenger. Brands will need to adopt a more conversational and human tone, and leverage chatbots and voice assistants to enhance customer service.
Life and annuity professionals: According to Think Advisor, rating agencies, consulting firms, insurers, and other forecasters are saying that the life and annuity market will face challenges such as low interest rates, regulatory changes, demographic shifts, and technological innovations in 2024 and beyond.
Food trends: According to AOL, Pinterest has released a list of predictions for 2024, and one of them is “melty mashups”, which are combinations of two ooey-gooey foods, such as cheese-stuffed pretzels, pizza cones, and s’mores brownies.
Horoscopes: According to Yahoo, Capricorn horoscope for 2024 says that the year will be about vast transformation, as Saturn, the ruling planet of Capricorn, goes retrograde and influences various aspects of life, such as career, health, relationships, and spirituality.
Crypto: According to VanEck, 2024 will be a year of professional success and innovation for the crypto industry, as the first spot Bitcoin ETFs will be launched, the fourth Bitcoin halving will occur, Ethereum will maintain its market position behind Bitcoin, and new developments will emerge in areas such as NFTs, DeFi, gaming, and regulation.
Sun Signs: 2024 will be a year of stability, responsibility, compassion, and service for most people.
Gold prices reach record highs due to decreasing interest rates
Up to 110 million people globally need food assistance due to El Niño
People aged 65 and older outnumber the youth in Europe
Renewable energy becomes the major global electricity source, surpassing coal. Likelihood: 70 percent
The first commercial hydrogen-electric flights between London and Rotterdam start operating.
The global minimum corporate tax rate of 15% takes effect
World population forecasted to reach 8,067,008,000
The Digital Services Act, which ensures the safety of users online and establishes governance of the protection of fundamental digital rights, takes affect across the European Union.
Predicted global mobile web traffic equals 84 exabytes
World sales of electric vehicles reaches 9,206,667
Artificial muscles used in robots can lift more weight and generate more mechanical power than human muscles
More than 50% of Internet traffic to homes will be from appliances and other home devices.
COVID-19 becomes endemic like the flu or the common cold