WHAT WILL BE THE TOP TECHNOLOGY TRENDS IN 2024 ACCORDING TO CCS INSIGHT

This week, CCS Insight released its latest report, which presents 85 predictions for upcoming trends in the technology industry. The report covers advancements that will evolve to and beyond 2024. For this year, the research group focuses on personalized interactions, artificial intelligence, sustainability, and regulatory effects. They emphasized critical technologies such as machine learning, cloud computing, augmented reality, circular economy, connected gadgets and virtual environments.

Predictions for the evolution of innovation in the coming year were presented at several key points. One of the main ones is the fact that the popularity of the technology will cool due to the reality of the cost, risk and complexity of deployment. A limiting factor for innovation adoption is cost, which is a challenge for many organizations and developers. In the future, regulations, social and commercial risks will require periods of evaluating generative AI before it is fully deployed.

The forecast for the future of the iPhone shows that by the end of 2023, over half of iPhone models will be second-hand devices and the average lifespan of an iPhone device will increase to 8 years by 2024. This will have an impact on new device sales and Apple is trying to take more control of the second-hand iPhone market by introducing a rating system.

EU legislation on artificial intelligence (AI Act) has been delayed repeatedly due to rapid advances in innovation. Future legislation may be self-regulating before it is finalised. Europe is taking a methodical approach to regulation, with the US preferring a more flexible approach. At the same time, Google is working on improving the Android ecosystem by making greater investments in hardware, software and distribution.

The application of AI is predicted to help many European companies by 2030, which could lead to experimentation with a shorter workweek. Also, smartphones with self-healing displays are predicted to be available in five years. These displays can repair scratches and dents themselves thanks to a special material that reacts when exposed to air. Also, the use of satellite smartphones is predicted to increase, with 15% of smartphone users having such devices by 2027. Finally, more and more large organisations are expected to set up AI oversight committees that will conduct audits and look at ethical and legal issues.