surrounding this technology will most likely have its most tumultuous year in 2024 . One of the main ways this will manifest is in the divide between the public and the private sector .
There has already been a lot of talk by governments around governing AI , as this technology is so new and has seemingly limitless applications . Policy makers around the globe have already recognised the danger it could pose if left unchecked , leading to discussions around regulating it such as the AI Safety Summit held in the UK in November 2023 .
As government AI policy implementation takes shape , government agencies , along with private companies such as those involved in critical infrastructure , that are impacted by the resulting policies , will be forced to comply .
However , a pronounced divide will emerge between government-regulated and unregulated companies . These private entities will adhere to a wide range of AI approaches , and many will choose to create their own policies , creating a split in approaches to AI technology .
Another way in which the industry of AI will evolve in 2024 is through the consolidation of AI companies . 2023 saw
Many companies do not have a full inventory of their APIs , and even if they do , they do not know which ones handle sensitive data . explosive growth as AI became a hot topic , and a lot of investors wanted a slice of the pie , leading to the founding of many new companies who are trying to create their own ChatGPT .
Most of the startups that are building their own model are unlikely to succeed , and outside of OpenAI and big technology companies like Meta and Google , these startups will either fail or be absorbed into larger organisations .
API regulation will continue developing
Changes in technology regulation in 2024 will not only affect AI , the regulation around APIs will also continue to evolve . APIs are still a main attack vector for hackers and represent a weak link in some organisations ’ cybersecurity strategy .
Many companies do not have a full inventory of their APIs , and even if they
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