What is the future of Artificial Intelligence?


2024 was the year that generative AI broke through. According to a survey by McKinsey, 65 per cent of businesses are now regularly using generative AI in their everyday work – double the number from just 10 months ago. This surge has led to a corresponding rise in other artificial intelligence capabilities.

For the previous six years, AI adoption of any kind in business hovered at around 50 per cent, but jumped to 72 per cent in 2024, says the survey. Consumer use follows the same trend, with AI rapidly becoming a part of everyday life. AI technology is being built into every new smart device and technological innovation, influencing the way people work, shop and receive essential services. From food delivery apps that tailor lunch recommendations based on someone’s eating habits to AI-enabled chatbots, citizens are about to enter the era of personalisation. But what will the future of AI look like?

“One of the major trends we’re seeing is adoption of AI models through edge processing on devices like smartphones and computers,” says David Ku, Co-COO, Corporate Executive Vice President & CFO at MediaTek, a global fabless semiconductor company. “As data processing is performed directly on the device, this speeds up processing times and reduces costs as smartphones run apps natively, rather than through cloud solutions.”

 

 

 

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