What's in and What's Out? Tech Trends 2024
Calling all tech devotees – 2024 is poised to be a year of change and transformation in the world’s most innovative industry.
The recruiters at Trust in SODA have put together a list of the top trends shaping today’s markets. Read on to find out what’s in and what’s out.
In – Voice Commands; Out – Frightening Verse Typed on a Forgotten WhatsApp Chat
Who needs typing when you can shout at your devices? The speech recognition market size is projected to grow to $59.2bn by 2030, up from $12.62bn in 2023, making it one of the fastest-growing areas in tech.
It’s also one of the most impactful. The quality of today’s voice recognition tech represents a new era of accessibility (and a chance to shrink the gap between the physical and digital even further).
In – Lighting Fast Computing; Out – Patience
High-performance computing (HPC) is making its way into the enterprise space, thanks in part to the accessibility offered by modern cloud services. Businesses don’t need to break the bank on in-house infrastructures to relish the benefits of HPC. No more rage-inducing times! Lightning speed: in. Patience: no need.
As activity skyrockets in the machine learning space, the demand for scalable, performance-intensive computing solutions has never been higher. Want to get in on the action? Check out our top Cloud jobs here: https://www.trustinsoda.com/jobs/devops-engineer-aws
In – AI Adoption; Out – Mind-Melting Boredom
We might be a few years off sentient fridges, but it hasn’t stopped AI adoption from hitting the mainstream. Plenty of early adopters have had trouble making the most of their new tech, but we expect this to change in 2024 as the use case for the tools becomes clearer.
Generative AI and Natural Language Processors are already being used to deliver the world’s employees from mind-melting menial tasks across countless industries. The biggest challenges in the coming months will likely be data privacy, security and ethical working practices (particularly in an era of AI-enabled healthcare and legal firms).
In – Regulatory Pressure; Out – Fiendish Technocracies
Regulators are hot on the tails of tech, raising concerns over whether or not the incoming legislation (particularly in the EU) will ultimately stifle innovation. Data protection authorities look poised to usher in a new age of technology, away from the wild-west style regulating seen in recent years.
Want more insights? Check out our SODA Social page here: https://www.trustinsoda.com/community
Or reach out to the team directly, we’re always up for chatting tech!