{"id":31970,"date":"2024-09-04T18:47:55","date_gmt":"2024-09-04T18:47:55","guid":{"rendered":"https:\/\/www.oxfordcorp.com\/?p=31970"},"modified":"2024-09-04T19:26:40","modified_gmt":"2024-09-04T19:26:40","slug":"top-four-tech-trends-to-watch-in-2024","status":"publish","type":"post","link":"https:\/\/www.oxfordcorp.com\/nl\/insights\/blog\/top-four-tech-trends-to-watch-in-2024\/","title":{"rendered":"Top Four Tech Trends to Watch in 2024\u00a0"},"content":{"rendered":"

We\u2019re already more than halfway through the year, with several promising advancements still on the horizon. Key emerging trends are poised to shape the future in ways that seemed impossible just a decade ago. From revolutionary developments in artificial intelligence (AI) to significant strides in sustainable tech, these innovations will drive the industry forward and profoundly redefine how we live and work.\u00a0<\/span>\u00a0<\/span><\/p>\n

Current technology movements reflect a dynamic intersection of innovation and practicality, driving considerable changes across industries. These trends collectively introduce us to a technological ecosystem that is more integrated, efficient, and accessible than ever before. At Oxford, we\u2019re ready to embrace these trends to help grow your business. Reach out today<\/a> to learn how we can customize a partnership to meet your needs and exceed your timelines and expectations, bringing you into the next generation of technology.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

Here are four trends your business should get ahead of in 2024:<\/span>\u00a0<\/span><\/p>\n

Embracing AI Tools More Effectively\u00a0<\/span>\u00a0<\/span><\/h2>\n

AI continues to thrive, with more companies starting to integrate AI tools within the workplace. AI novelties like generative AI are becoming more commonplace. Language models like GPT-4 have seen improvements in generating more coherent, contextually relevant, and human-like text, with better handling of nuances and more accurate responses.<\/span>\u00a0<\/span><\/p>\n

Reinforcement learning, hierarchical reinforcement learning, and meta-learning are all being applied more extensively, resulting in heightened performance. There has also been a push towards making AI models more transparent and interpretable. New techniques for explaining model decisions and understanding internal workings have been developed, addressing concerns about AI\u2019s \u201cblack box\u201d nature. Ethical AI frameworks are also a priority, ensuring responsible deployment, adherence to set standards, and mitigating biases.<\/span>\u00a0<\/span><\/p>\n

Plus, AI is more accessible and scalable than ever, pairing increased computational power with a robust selection of cloud-based AI services. It can also make a real difference in business processes. According to Salesforce, 81% of employees already using AI say it <\/span>improves productivity and enhances workplace engagement<\/span><\/a> and satisfaction.\u00a0<\/span>\u00a0<\/span><\/p>\n

As a result, business executives are more motivated than ever to incorporate AI into the workflow, with urgency increasing 7x over the past six months. These executives (96% of those surveyed) now view the implementation of AI within the office as a top priority, ranking above inflation or other economic concerns.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

So, how can businesses use AI tools effectively to receive the full benefits? A Forbes Advisor survey showed that 46% of business owners use AI to create internal communications, and nearly all (97%) believe ChatGPT will help their business. The survey showed that businesses planned to use AI for the following tasks:<\/span>\u00a0<\/span><\/p>\n