AI Everywhere: The Rise of Intelligent Everything

• Get ready for a time when artificial intelligence plays a significant role in everyday life rather than being just a trendy term. Making our devices smarter, more intuitive, and easily incorporated into our daily lives is the focus of 2024, from AI-powered virtual assistants that understand you like never before to smart homes that anticipate your needs.

• Job displacement will have a severe negative impact on 90% of the population, and the lowest 50% of the world in terms of income or education. Jobs that are more quantitative in nature tend to be more objective. Examples of such jobs include sorting items into bins, cleaning dishes, selecting fruits, and taking phone calls from customers. These are all very much scripted, routine operations. They will be replaced by AI in two, five or ten years.

5G Revolution: Transforming Connectivity

• Say goodbye to buffering and latency! The widespread deployment of 5G networks is bringing in a new era of lightning fast connectivity. The possibilities are endless and the speed is unmatched, whether you're connecting IoT devices, playing real-time games, or streaming high-definition content. 5G networks have the potential to accommodate up to one million devices in the same area, whereas 4G networks could only manage about 2,000 devices per square kilometre. 5G allows downloading of an 8 gigabyte HD movie in 6 seconds compared to 7 minutes it would take with 4G and more than an hour with 3G.

Immersive Experiences: AR and VR Taking Center Stage

• A wave of increasingly immersive virtual and augmented reality experiences is coming your way. AR and VR technologies are shattering boundaries and making it harder to distinguish between the virtual and physical worlds, from immersive gaming experiences to useful uses in business and education. International talent is within reach, as interviews, onboarding, and collaboration can happen seamlessly in the virtual realm. It is anticipated that the AR and VR market in India would have 742.3 million users by 2028. By 2028, it is expected that the user penetration rate will have increased to 49.8% from 42.1% in 2024. It is anticipated that the average revenue per user (ARPU) is ₹US$0.7.

One thing is certain as we approach this tech-driven future: the opportunities are virtually endless. A fascinating voyage into a world where technology is more than simply a tool and actively shapes our lives is what the year 2024 holds. Thus, welcome the future, maintain your curiosity, and start your 2024 tech adventures!