10 AI Predictions For 2024

1. Nvidia will dramatically ramp up its efforts to become a cloud provider.
2. Stability AI will shut down.
3. The terms “large language model” and “LLM” will become less common.
4. The most advanced closed models will continue to outperform the most advanced open models by a meaningful margin.
5. A number of Fortune 500 companies will create a new C-suite position: Chief AI Officer.
6. An alternative to the transformer architecture will see meaningful adoption.
7. Strategic investments from cloud providers into AI startups—and the associated accounting implications—will be challenged by regulators.
8. The Microsoft/OpenAI relationship will begin to fray.
9. Some of the hype and herd mentality behavior that shifted from crypto to AI in 2023 will shift back to crypto in 2024.
10. At least one U.S. court will rule that generative AI models trained on the internet represent a violation of copyright. The issue will begin working its way up to the U.S. Supreme Court.