The pace of artificial intelligence (AI) progress over the past decade has been astonishing. Technologies like machine learning, neural networks, computer vision and natural language processing that once existed only in research labs are now powering real-world applications across every industry. But experts predict 2024 will take AI capabilities, adoption and acceptance to whole new levels compared to 2023. Here are some key ways AI is poised to leap forward over the next year.

Smarter Algorithms and Models

At its core, AI is about developing software that can make increasingly human-like decisions. In 2024, expect new techniques that will produce more advanced algorithms and models. Methods like self-supervised learning allow AI systems to learn from unlabeled data, mimicking how humans gain common sense from the world around them. Multi-task learning enables models to apply knowledge from one task to other related tasks. And transfer learning helps models adapt quickly to new data by building on existing learning. Combined, these techniques will enable AI in 2024 to make smarter, more contextual decisions powered by broader based knowledge.

Increased Use of Generative AI

A major AI trend in 2024 will be generative models that can create entirely new content, data and materials. Examples include DALL-E for generating images, GitHub Copilot for code.. These models open enormous new possibilities for content creation, personalized recommendations and data simulation. Businesses will increasingly use generative AI for tasks like creating marketing materials, developing product designs based on customer specs and testing systems. Individuals can also benefit from generative AI to express their creativity and get customized suggestions. The applications are endless as generative models become more powerful in 2024.

Advances in Robotics and Computer Vision

AI-enabled robotics and computer vision tools will see major leaps next year. Robots will become better at manipulating objects with human-like dexterity thanks to breakthroughs in AI-controlled motion and tactile sensing. This has major implications for industrial automation, healthcare, retail and even home assistance. Meanwhile, computer vision powered by neural networks will gain abilities like detecting minute visual details, tracking objects accurately and interpreting scenes contextually. This will expand applications for vision AI in areas like manufacturing, automotive, smart cities and agriculture. 2024 will see new frontiers in what robots can handle and how computers can see.

More Responsible and Trusted AI

While AI will become more capable than ever in 2024, it will also become more responsible and trusted. Techniques to minimize bias in data and algorithms will continue improving to increase fairness and transparency. Methods for explaining AI decisions will help users understand outcomes. Tools to automatically check for unwanted bias and flaws will enable safer deployment. And new validation and testing protocols will reduce risks before implementation. With these advances, AI producers and users alike will be able to better evaluate, audit and improve AI systems' reliability and social impact next year.

Democratization and Ubiquity of AI

No longer confined to big tech companies, AI will become more democratized and ubiquitous across industries in 2024. Improvements in ease of use and automation will make AI capabilities accessible to everyday users. Code-free no-code AI development platforms will empower non-technical domain experts to build solutions tailored to their needs. Cloud-based AI services will allow smaller organizations to leverage powerful AI without extensive in-house resources. And AI computer chips optimized for edge devices will enable deployment of AI applications in more locations. Next year will see AI capabilities become mainstream tools used nearly everywhere to make products, services and decisions smarter.

Growth of AI in Manufacturing

Manufacturing will be one industry seeing major AI advances in 2024, with the market size for manufacturing AI applications expected to grow 50% year-over-year. Computer vision will help detect minute product defects and track inventory. AI-guided robotics will handle delicate or dangerous assembly tasks. Generative design AI will optimize everything from factory layouts to production plans. And predictive maintenance will use AI to prevent unplanned downtime. AI will drive efficiencies at all levels of manufacturing, while also increasing output quality and flexibility.

Expansion of AI in Healthcare

Another sector where AI adoption will accelerate rapidly is healthcare. AI can unlock insights from huge troves of medical research data to aid discoveries of new treatments. AI can also customize care plans based on patients' specific conditions and needs. It can automate administrative tasks to improve hospital workflows. AI chatbots and virtual assistants are making healthcare advice and resources more accessible. And AI tools are helping doctors provide diagnoses and treatment suggestions. With its ability to complement human skills, AI across clinical, research and operational use cases will transform healthcare in 2024.

The Growth of AI in Daily Life

Beyond specialized industries, AI will also increasingly make daily life more convenient, customized and interactive in 2024. Smart home devices will use computer vision and natural language processing to provide an intuitive interface for controlling appliances, security systems and entertainment. Immersive games and media will leverage generative AI to craft endless personalized content and experiences. Users will receive retail and product recommendations driven by predictive AI knowing their tastes. And AI digital assistants will be available across devices to answer questions, take action on commands and manage daily tasks. In these and countless other ways, practical AI will become integral to everyday routines next year.

The pace of AI innovation shows no signs of slowing down. With increased investment, research and adoption across industries, AI systems are becoming smarter, more capable and more widespread each year. While AI still has room for improvement in areas like transparency and bias mitigation, responsible development practices are increasingly being embraced. Given the tremendous momentum behind AI development, it is certain that 2024 will usher in a new era of practical AI applications that deliver real value across all areas of business, society and daily life. The AI landscape in 2024 promises to look quite different than it does today.

About the writer: Subrao Shenoy is CEO of planetRE that hosts a variety of Generative AI Solutions for Real Estate (Aelo.AI and chocolatechips.ai). He has run a successful proptech company for over a decade with experience of automating millions of transactions across the nation. He also owns seminal patents in CRM, Property Search, and Blockchain /AI .