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AI set to drive significant tech improvements in 2024, IEEE research study discovers

February 21, 2024 12:40 PM

Credit: VentureBeat made with Midjourney

Expert system (AI) in its lots of developing kinds will be the most crucial location of innovation in 2024, according to a brand-new worldwide study of primary innovation officers and IT directors performed by IEEE, the world’s biggest technical expert company.

The brand-new research study entitled “The Impact of Technology in 2024 and Beyond: An IEEE Global Study” surveyed 350 primary info officers, primary innovation officers, IT directors and other innovation leaders in the U.S., China, U.K., India and Brazil about the innovations that will drive development over the next year.

AI and its subsets like artificial intelligence (ML) and natural language processing controlled the innovation outlook, with 65% of innovation executives selecting it as one of their leading 3 essential tech fields for 2024.

“Generative AI has actually ended up being so respected throughout all company sectors to help in collecting information, producing reports, evaluating patterns, and establishing brand-new items,” stated IEEE Fellow Karen Panetta in an unique interview with VentureBeat. “The applications are unlimited, consisting of health care, marketing, cybersecurity, and simplifying production procedures.”

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The expansion of AI throughout markets will result in significant improvements in software application advancement, supply chain management and cybersecurity, according to specialists. Prolonged truth, cloud computing, 5G networks, and electrical lorries completed the leading 5 innovations pointed out by study participants.

AI usage cases broaden throughout markets

The IEEE report highlights AI’s broadening usage cases throughout markets like telecoms, production, monetary services, transport, and energy.

Advanced AI applications and algorithms will enhance information, automate complicated jobs, and help with decision-making equivalent to human cognition, according to the research study findings.

Leading possible AI applications consist of real-time cybersecurity tracking, supply chain and storage facility automation, assisting software application advancement, accelerating recruitment and speeding up drug discovery.

“AI will drastically redefine and enhance software application advancement and cybersecurity with extensive enhancements in performance, security, and durability,” stated Yale Fox, IEEE Member, in an interview with VentureBeat. He mentioned AI’s capability to speed up coding, improve code quality, enhance predictive danger detection and automate regular security jobs.

AI’s broadening abilities position brand-new cybersecurity difficulties that business need to deal with. Deepfakes, advanced social engineering attacks, and AI-enabled discovery of software application vulnerabilities were primary amongst the issues pointed out.

“As the hazard landscape modifications due to these brand-new innovations, a couple of stick out. Of all, the capability for anybody to quickly develop practical phony audio/video (deepfakes) by AI produces a number of brand-new problems,” Fox informed VentureBeat.

5G makes it possible for next phase of AI development

Per the IEEE research study, 5G networks will offer an important foundation allowing the next phase of AI development through minimized latency,

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