Top AI Predictions & Upcoming Global AI Summits

Welcome to the latest edition of the AI Edge Newsletter. We delve deep into the evolving landscape of artificial intelligence, unveiling the Top 5 Predictions for 2024 from the intricacies of AI processing to the profound impact of generational differences on B2B buying preferences.???

Top 5 AI Predictions of 2024??

• AI Processing will hit a wall in 2024?Limited chip manufacturing capabilities will result in a slowdown in AI processing by 2024. Businesses are expected to take a practical approach to AI, based on chip availability, economic considerations, and sustainability. Forrester forecasts that these hardware constraints will temper ambitions, compelling organizations to prioritize applications with clear ROI, and adjust their AI strategies accordingly.?
• Cloud providers will introduce prompt engineering services?In 2024, all major hyperscale platforms are expected to unveil prompt engineering capabilities, filling a critical gap in their data science toolkit. To bolster this, about 80% of them will bring in prompt engineering expertise internally, leveraging business SMEs and data scientists.??
• Enterprise AI initiatives will enhance productivity and creative problem-solving by 50%.?Generative AI is set to revolutionize IT operations, with reported improvements of up to 40% in software development tasks. Visionary tech leaders will strategically reallocate resources to unlock creative potential across all IT roles, leading to a 50% increase in time for creative problem-solving. This shift will drive customer-centric innovation and deliver unprecedented business value through enhanced products and services.?
• APAC firms will struggle to implement customer trust strategies.?By the end of 2024, it is estimated that 25% of the largest companies in APAC will publicly express their strategic dedication to customer trust. However, only 5% of these companies will successfully formalize this commitment by implementing measurement techniques and organizational Key Performance Indicators (KPIs).?
• B2B buying preferences will be influenced by generational differences.?In 2024, buyers between the ages of 25 and 44 will constitute 75% of business purchasing teams. According to Forrester, these buyers place a higher value on face-to-face interactions with product experts compared to other in-person activities. An estimated 40% of younger buyers consider meetings with product experts as their most meaningful personal interactions?

Source: Forrester ??

World AI Summit – 24th – 25th April 2024?

World AI Summit is widely considered one of the most prestigious AI conferences, bringing together top experts and thought leaders in the field. This World’s leading AI Summit will be on 24th April and 25th April in Montreal, Canada. Some companies such as 谷歌 , 西门子 , 微软 , Shopify , 安永 Gartner , 亚马逊 , and many more will attend this event. Enterprise, Science, Startups, Investors, and Deep tech will all gather at this event.?

World Summit AI Americas partnered with SAIIL in 2023 to bring you the Biggest Intelligent Heath stage in Montréa. SAIIL , the Surgical Artificial Intelligence and Innovation Laboratory in the Department of Surgery at Massachusetts General Hospital focuses on the use of artificial intelligence to reimagine the way surgery is performed.?

For more information:https://americas.worldsummit.ai/ ?

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AI For Good Global Summit??

The AI for Good Global Summit is the leading action-oriented United Nations platform promoting AI to advance health, climate, gender, inclusive prosperity, sustainable infrastructure, and other global development priorities. AI for Good is organized by the Imternational Telecommunication Union (ITU) – the UN specialized agency for information and communication technology – in partnership with 40 UN sister agencies and co-convened with the government of Switzerland.??

?The summit speakers are Doreen Bogdan-Martin Secretary-General International Telecommunication Union (ITU), HRH Princess Beatrice, Stuart Russell,? Zeng Yi, Carolina Aguilar, Hao Li, Vincent Vanhoucke, Mo Gawdat, Ebtesam Almazrouei, Marco Tempest ?

?Register now: https://aiforgood.itu.int/summit24/ ?

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Whether you need custom AI solutions or seamless integration with existing systems, our team can provide end-to-end AI solutions, talk to our AI experts now: https://nextgeninvent.com/ai-development-services ?

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