Generative AI, which creates original content like text and images, is expected to reach a global market of $51.8 billion by 2028. This technology, powered by models like GANs and GPT, offers transformative potential across industries. Key trends for 2024 include aligning AI with business goals, leveraging AI for content creation, and improving cloud and data strategies. AI’s role in coding, security, ethics, and personalization will grow, enhancing customer experiences and organizational efficiency. However, the need for stronger security and ethical guidelines remains a priority. Multimodal AI will unlock new possibilities in virtual and augmented reality.

Join for free to read