From Emotion AI to Space: Tech Outlook for 2024

TL;DR:

  • Emotion AI is set to surpass Generative AI in 2024, bridging the human-machine emotional gap.
  • Generative AI continues to revolutionize industries, emphasizing ethics and data quality.
  • Space Technology, particularly satellites, emerges as a dominant trend, led by SpaceX.
  • Quantum computing and cybersecurity converge, with post-quantum cryptography standards on the horizon.

Main AI News:

As we bid farewell to 2023, a year marked by the exponential rise of Artificial Intelligence (AI) exemplified by OpenAI’s ChatGPT, the tech industry braces itself for what lies ahead in 2024. Euronews Next delves into the anticipated tech trends for the upcoming year, encompassing diverse domains ranging from Emotion AI to Space Technology.

Emotion AI: Unlocking Human Sensibilities

In 2023, Generative AI, the technology underpinning ChatGPT, garnered significant attention, redefining how we interact with data through text and imagery generation. However, 2024 promises to usher in the era of Emotion AI, a transformative paradigm in AI technology. According to Federico Menna, CEO of the European Institute of Innovation and Technology (EIT), Emotion AI is poised to take center stage. Unlike its predecessor, Emotion AI goes beyond content generation; it adeptly deciphers and responds to human emotions, bridging the emotional gap between man and machine.

Menna envisions Emotion AI revolutionizing various sectors, notably healthcare, where it could significantly enhance the well-being of individuals dealing with chronic illnesses, age-related concerns, or mental health issues. Moreover, within urban environments, Emotion AI may play a pivotal role by addressing concerns such as safety and comfort, as algorithms could adjust lighting levels to alleviate urban anxiety. Lastly, the financial sector stands to benefit, with Emotion AI potentially mitigating the sensitivities surrounding wealth management.

AI’s Enduring Role: Responsibly Pioneering the Future

While Emotion AI takes the spotlight, Generative AI remains indispensable, promising to continue revolutionizing businesses across various industries, from travel to media. Jitendra Putcha, European vice president of data, analytics, and AI at LTIMindtree, emphasizes the far-reaching impact of Generative AI. It not only fuels creativity but also optimizes costs, enhances training, and fortifies privacy and security. The convergence of cloud and open source has democratized AI access, extending its reach beyond tech giants.

However, with this newfound power, the tech community bears the responsibility of ensuring ethical deployment. Putcha emphasizes the importance of data quality, governance, and ethical considerations as the foundation for scaling AI. Additionally, AI regulation is set to be a defining topic in 2024, as Europe and the United States move toward implementing new legislation governing AI systems. Navigating these regulations may be easier for large corporations, while smaller entities will need patience and dedication to align with ethical standards.

Space Technology: The Next Frontier

As AI continues to evolve, it may reach its zenith, making way for space technology to take center stage in 2024. Adam Niewinski, co-founder and general partner of European venture capital firm OTB Ventures, predicts a monumental breakthrough in space tech. While AI remains a crucial topic, space technology is poised for dynamic growth, fueled by various emerging trends.

In 2024, satellites are expected to shine as the stars of space technology. These advanced instruments will enable us to monitor Earth’s activities, from weather disasters to climate patterns and resource management. The integration of space data into our daily lives will become commonplace, facilitating activities ranging from logistics to agriculture. Notably, SpaceX, a trailblazing enterprise, is poised to lead this transformative change, raising awareness of the significance of space technology.

Niewinski underscores the need for new, innovative space companies to challenge traditional incumbents like Boeing, whose comfortable market position has hindered innovation. Encouraging dynamic competition in the space sector will be essential to drive progress and unlock the full potential of space technology.

Quantum Computing and Cybersecurity: A Dual Focus

While 2023 witnessed significant strides in quantum computing, 2024 is set to explore the pivotal role of quantum computing in cybersecurity. Dr. Axel Poschmann, head of product innovation and security at PQShield, a British cybersecurity startup, anticipates the publication of final post-quantum cryptography (PQC) standards by the US National Institute of Standards and Technology (NIST). This marks a watershed moment, concluding an eight-year-long global project within the cryptography community.

Poschmann emphasizes the urgency of adopting post-quantum cryptography to safeguard our data and digital infrastructure against potential quantum threats. As quantum computers continue to advance, the potential for decrypting encrypted data at a later date poses a significant risk. Cybercriminals could exploit this vulnerability, emphasizing the importance of securing our digital realms in the age of quantum computing.

Conclusion:

The tech landscape in 2024 presents a dynamic and transformative landscape. Emotion AI promises to enhance human-machine interactions, while Generative AI evolves with a focus on ethics and data governance. Space Technology, driven by satellite innovations and led by SpaceX, is poised to redefine our daily lives. The convergence of quantum computing and cybersecurity signifies a critical need to adopt post-quantum cryptography to safeguard our digital infrastructure, reflecting a market ripe for innovation and ethical considerations.

Source