Lots of cool new tech has come out this year, changing the world economically and socially. Although many of these started developing in the early 2000s, it is only now that we can see them implemented in industries across the globe.
We focus on them to highlight the technologies and breakthroughs that have defined 2024 because digital evolution surely does not rest.
Machine Learning
One of the most important technologies to emerge in 2024 is generative artificial intelligence (AI), which has grown rapidly. We are simply witnessing its infancy; its full potential will be apparent in the latter stages of 2024. We may also see a desire to make technical and business-related knowledge and training more accessible to all.
Compared to fewer than 5% in 2023, the projection is that by 2026, over 80% of organisations will have utilized Generative AI APIs and models and/or implemented GenAI-enabled apps in production settings. Faster product launches, more efficient and productive businesses, hyper-personalization, and accessible, cutting-edge technology are now all possible thanks to generative AI.
An example of generative AI being used in an extremely popular industry, such as online gaming, would be procedural generation, terrain generation, automated modelling and dynamic storytelling, to name just a few.
Cyber Security As A Foundation
The threat of cyberattacks has grown in recent years, affecting companies and generating massive losses. This is why cybersecurity is now considered a matter of paramount importance. When it comes to optimising cybersecurity, online companies need to take a systematic and practical approach.
The simplest way to accomplish this is to use encrypted services, educate and train staff, run penetration testing, develop and maintain software and protocols, and validate governance and compliance.
Lastly, implement a zero-trust strategy, which checks every request as though it originated from an untrusted network and treats data leaks as a real threat. As a result, all access requests undergo stringent authentication, are granted permission only within the policy’s parameters, and are checked for any irregularities.
Cyber security matters in some online businesses more than others, like where money is involved. This is why, when choosing an online banking, shopping, or casino site, you should take the time to see what kind of encryption or SSL technology the platform provides. This is the best way to determine if your money will be safe and secure.
The Union of Digital, 3D and Digital Twins
Immersive experiences and augmented and virtual reality are blurring the lines between the real and digital worlds, further solidifying their increasing integration. In a trend similar to digital twins, the real world is becoming more flexible and adaptable, while the virtual world is becoming more like the real world.
We can change the parts we want in virtual reality until they work perfectly in the real world thanks to this technology. This development will streamline company operations, increase productivity, and cut costs dramatically while also speeding up the development of new digital skills for a wide range of occupations.
The iGaming space, for example, has seen an explosion of VR and augmented realities in their games, particularly in their live casino categories. These casino platforms use high-definition video streaming, sophisticated audio systems, and interactive chat rooms to create an atmosphere similar to a physical casino.
Certain regions have embraced online betting in a big way. Reports from Statista show that the UK will make about £11.01 billion from online gaming in 2024, making it the country with the second-highest profit worldwide when it comes to betting online.
The hefty wins, low prices, and ease of online gambling have all contributed to meteoric growth in the popularity of gambling in the United Kingdom specifically, both during and after the pandemic. Should you visit any online live casino in the UK, you will see a range of popular games, like blackjack, poker, and roulette, all available in an immersive environment.
These tech innovations that have come to the fore in 2024 are still being developed to be faster and easier to use as we speak. Technology at this point has overtaken human development, and we can’t be certain of when it will reach its peak- if ever.
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