Dear MEL Topic Readers,
Tech Trends 2024: AI and electric vehicle deals
When you wake up tomorrow morning, it’ll be 2024. What sorts of new
technologies are coming next year? There have been a number of innovations, advancements,
and applications appeared this year. One of the most significant game changers
was generative AI, such as Chat GPT and Bard. Generative AI creates new and
original content like a summary, chat responses, designs, synthetic data, or
even deepfakes. It has already been used in various fields and become an essential
part of business and academics. There will be more and better generative AI
applications and services next year but they may be in different ways to
mitigate the cost and computing power. In the automotive market, it is
estimated that over 14 million electronic vehicles will have been sold in 2023,
about 18% of the total market. More EVs are expected to be sold next year, especially
in China and the UK where government subsidies and requirements are in place. As
early adopters have already been driving EVs, next year’s growth will be more dependent
on charging infrastructure than just prices. China will remain the world’s leader
in the EV market and producer with over 10 million units. Also, humanoid robots
are expected to be working like humans and with humans, in places like Tesla’s
factories and Amazon’s fulfillment centers. Lastly, a tablet version of the weight-loss
medication for obesity and overweight adults called Wegovy is expected to get
approval in the EU. A great news for those who have been injected weekly in the
clinic. Now, let us hope we’ll have more great tech innovations next year to
make our lives safer and better.
Enjoy reading the year-end Topic Reading and have a good New Year’s
Eve.