Rapid Growth of Artificial Intelligence in 2024

Anna Mathew
3 min readJan 3, 2024

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Year 2024 promises to be the groundbreaking year in the world of Artificial Intelligence with the great concentration on Machine Learning, Deep Learning, Natural Language Processing, Computer Vision and the highest grossing probable for AI professionals.

Let’s explore the key events, different product launches, researches and trends which are likely to define the AI over the course of 2024. The quarter 1 and quarter 2 of 2024 holds tremendous benefits of AI.

The first quarter will kick off with the essential model launches and enhancements which promises to push the qualities and capabilities of AI. For the second quarter, the hype of AI will hit with the highest profile model launches, lots of funding for AI safety efforts and strong breakthrough research on in which ways the models works. To understand the basics of AI, make sure to check Artificial Intelligence Foundation Certification.

Gemini Ultra Launch

It would be no surprise, as everyone expect Google to launch Gemini Ultra in Q1. It’s the new version of their Conversational AI assistant will likely blow GPT-4 out of the water thanks to constitutional AI techniques such as Constitutional Promoting and Self Supervision.

On the other hand, it might not beat GPT 4 in each aspects, as its safety and reasoning capabilities should be far beyond what OpenAI has shown with the GPT-3 and GPT 3.5. Gemini Ultra’s launch will contribute significantly on OpenAI to release GPT-4.5 earlier than planned.

The open source fine tuning advances

The impressive enhancements are seeing in Open-source AI models in first quarter of 2024 as researchers showing strong techniques. The models fine-tuned on intellectual tasks and math or logic issues will close the gap with the proprietary models such as GPT-3 in areas.

Strong growth of Robotics

With the help of AI software advancing rapidly, more funding dollars will flow into commercial applications such as Robotics. So, the 2 million dollar’s funding can be see for robotics startups focused on bringing AI advancements into the real world. Warehouse robots, self-driving cars and even general assistive robots for homes or offices should need to make essential major strides over 2024.

LLama and GPT 3.4 Releases

Meta is expected to release LLama 3 which is the 3rd version of its massive language model. It should be able to go-toe-to-toe with the GPT-4 in areas such as reasoning and offering the evidence for its outputs. Some researchers and professionals also predict that it might even surpass GPT-4 in human evaluations.

The advance AI safety

As LLM’s in growing rapidly, the safety efforts will ramp up in Q2 2024. Here, we need to see some foundational information published which shows that crack open the black box of LLM and enhancing the understanding of how they behave. It will enable safer model architectures and training practices.

The Launch of GPT5.0

OpenAI is set to release GPT-5 in third quarter of 2024 to refresh their reputational damage from GPT-4’s turbulent rollout. The updates the final live up to expectations with the significant improved coherence, factual accuracy as well as basic understanding as compared to GPT-3 and GPT-4.

Enhanced open source models

With the help of openness in AI Development, the enhanced open source models will reach the raw capabilities by third quarter. Its but obvious, leading proprietary models will still dominate on advanced cognitive benchmarks. But for different real world use cases the open source will be enough for sure.

Next version of Gemini Launch

Google will also release the next version or you can say iteration on Gemini in fourth quarter. As per the new agenda of Google, they are going to pour the massive resources into implementing the Constitutional AI techniques such as self-supervision and external peer feedback.

Macroeconomic Impacts

Over 2024, the unprecedented pace of AI progress starts exposing cracks at the macroeconomic level never considered by tech evangelists. As the whole sector get distrusted among the fears of technological unemployment, governments stabilize free falling labor markets through turning to contractionary monetary policies.

Final Thoughts

The year 2024 holds the strong growth for Artificial Intelligence. The predictions are great and it successfully benefits in the Information Technology as well as other working sectors. The practices across the businesses task performance, safety and other ethical practices will be done through the AI upgrade. Hence, it elaborate that AI will be in the limelight in this year.

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Anna Mathew

I've previously advised more than 50 Fortune 500 companies & right now I'm advising the GSD Council a body that certifies professionals in a variety of fields,