What Will 2024 Hold For AI? From Regulation To Shaping Up Big Tech, Here Are The Promises & Pitfalls

2024 is set to be the 'Year of the AI'. Not only is it expected to transform work, but it's safe to speculate that companies like OpenAI are aiming to disrupt the long-standing Big Tech monopoly.

If we thought that 2023 was the year where we saw a bunch of new models and companies, 2024 will be a blitz. 

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By Jaspreet Bindra Artificial Intelligence (AI) has been a buzzword for years, but the launch of ChatGPT and generative AI (GenAI) in late 2022 turbocharged the tech’s action in 2023. Research by the McKinsey Global Institute revealed that AI could add approximately $13 trillion to total global output by 2030 and boost global GDP by about 1.2 per cent per year. This kind of value creation is comparable to steam power during the 1800s, industrial manufacturing in the 1900s, and information