AI Wrapped 2024: A Year of Transformation and Innovation

AI Wrapped 2024: A Year of Transformation and Innovation

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AI Wrapped 2024: A Year of Transformation and Innovation martino.agostini · Follow 4 min read · Just now — 2024 has been a landmark year for artificial intelligence (AI), marked by rapid advancements, new applications, and widespread adoption across industries. As AI continues to evolve, it’s reshaping everything from business operations to customer experiences. Here’s a look at the key AI trends and highlights that defined the year. 1. LLMs Reach Commoditization Large Language Models (LLMs) , once cutting-edge and highly sought-after, have become increasingly commoditized (Forrester, 2024). With advancements in AI technology and the availability of open-source models, the cost of developing and maintaining LLMs has decreased, making them more accessible but also less of a unique differentiator. This shift has led to a saturation in the market, […]

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