Congratulations you survived yet another year in the simulation!
If you still have a job in Tech, it means you survived massive layoffs, didn’t get drafted into a war, and outsmarted the artificial intelligence that your boss wants to replace you with. 2023 was the craziest year ever, but at the rate things are accelerating, it’ll look like nothing compared to 2024. I care deeply about the future because I’m going to spend the rest of my life there, but the future ain’t what it used to be. In today’s article, we’ll look at 10 trends and technology that you can take advantage of in 2024. Let’s get started.
Job Market
At the beginning of 2023, we had massive layoffs from companies like Amazon, Google, and Microsoft, flooding the job market with more talent. Simultaneously, the number of open jobs declined by about 60%. This has been a challenge for junior developers looking to get into the industry. However, there is some hope as job openings are up 13.8% from earlier this year, and all the big companies have unfrozen their hiring freezes. There is cautiously optimistic hope for an improving job market going into 2024, depending on the state of the world. The high-interest rate environment has also put a strain on startups and the real estate market, affecting the overall economy and the tech industry.
Crypto and Blockchain
Crypto is back, with Bitcoin reaching new highs. Predictions for the value of crypto tokens are also on the rise, with potential for significant growth in 2024. The resurgence of crypto could bring forth new opportunities for investment and innovation in the tech industry.
Augmented and Virtual Reality
Apple’s Vision Pro is set to release in early 2024, potentially leading to new opportunities for app developers. However, the adoption of VR goggles at a high price point might be limited to a niche market, rather than appealing to the general public.
Hardware
Microsoft and AWS are building their own Arm-based chips, signaling a potential shift in the CPU landscape. This change could impact the development of new hardware and offer new opportunities for chip manufacturing and tech developers.
Video Games
The upcoming release of GTA 6 and advancements in game engine technology present opportunities for game developers and the gaming industry. However, challenges and controversies in platforms like Unity could affect the landscape of game development tools and pricing models
Web and Mobile Development
The web and mobile development landscape continue to evolve, with new trends in cross-platform development tools, visual editors, and AI-assisted coding. The shifting preferences of mobile app users and the rise of low-code tools may present new opportunities and challenges for developers in 2024.
Low-Level Systems Languages
Low-level languages like Rust are gaining traction, with potential implications for the development of new systems and AI technologies. New languages like Zig and Mojo also offer alternative options for low-level programming, providing additional tools for tech developers and researchers.
Artificial Intelligence
The rapid advancements in AI technologies, from text-to-video generators to potential breakthroughs in artificial general intelligence, present significant opportunities and challenges. The integration of AI in various industries, from finance to military applications, could reshape the future of technology and humanity.
The Simulation
As we navigate the complexities of the tech industry and the future of AI, it’s essential to keep a critical perspective and consider the potential consequences of technological advancements. The ethical, moral, and existential implications of AI and advanced technologies are crucial considerations for the future of humanity and our role in the simulation of life.
Congratulations and Future Outlook
Congratulations for making it to 2024! The future of technology is dynamic and full of potential opportunities and challenges. As we continue to navigate the ever-changing landscape of tech, it’s essential to stay informed, adaptable, and responsible in our pursuits. Thank you for reading, and here’s to a successful and innovative year ahead in the tech industry.