5 GenAI Predictions for 2024

In 2024, generative AI (GenAI) is expected to continue its rapid growth, with companies focusing on building new and exciting applications using this technology. However, there are also concerns about the potential misuse of GenAI, such as for fraud, organized crime, or even bioweapons. Regulatory scrutiny from government agencies is likely to increase, and companies will need to ensure they have compliant AI solutions in place. Smaller organizations may be quicker to adopt GenAI than larger enterprises, leading to the emergence of new leaders in this field.