You probably won’t survive 2024... Top 10 Tech Trends
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 video, we'll look at 10 trends and technologies that you can take advantage of in 2024. Let's get started by looking at the health of the job market. At the beginning of 2023, we had massive layoffs from Magnificent Seven companies like Amazon, Google, and Microsoft. This flooded the job market with more talent, but simultaneously, the number of open jobs declined by about 60%, based on data from true up.i. It's been a rough year, but there is some hope. Job openings are up 13.8% from earlier this year, and all the big Fang companies have unfrozen their hiring freezes.
However, we're still in a high-interest rate environment, which is not ideal for cash-burning startups that need easy money to hire a bunch of people to grow quickly. The real estate market is at a standstill, and the automotive industry is struggling. If we don't get a big war soon, the entire system could collapse, which won't bode well for tech jobs in the future.
Speaking of money, crypto is back. Bitcoin was $16k at the beginning of the year and just broke $40k a couple of days ago. Crypt bros are predicting that one token will be worth over a million dollars by the end of 2024. The price to watch for is $69k, and if it reaches this point, the world will be flooded with memes, elevating FOMO to biblical levels.
Another trend in 2024 is augmented and virtual reality, primarily thanks to the Apple Vision Pro set to release in early 2024. Apple's VR goggles could lead to new opportunities for app developers, although their high price may limit mass adoption.
In hardware, Microsoft and AWS are producing their own chips, challenging the dominance of x86 architecture. The gaming world is excited about the GTA 6 trailer, built on Rockstar's proprietary rage game engine.
In the world of game development, Unity faced backlash for its new pricing model, while Unreal Engine released version 5.3 with innovative features. Epic Games continues its legal battle against Apple, challenging the 30% cut on the App Store.
Web development in 2024 sees a shift from building new JavaScript frameworks to creating better tools for existing frameworks. Visual editors and IDEs for frameworks like React are becoming more popular. The future may see AI writing most of our code, with tools like Visual Co-Pilot generating code from designs.
Mobile development trends indicate that people are less inclined to download new apps, making it challenging for developers to capture users' attention. Cross-platform development tools with drag-and-drop interfaces are becoming more common.
In low-level systems languages, Rust continues to grow rapidly, while other languages like Zig and Mojo are gaining attention. Rust is even making its way into the Linux kernel.
Lastly, artificial intelligence is making strides in various fields. From text to video generation, AI models like GPT and Co-Pilot are becoming integral parts of search engines, office software, and even stock trading. Generative image AI has progressed significantly, creating realistic images.
The future remains uncertain, with the potential for achieving artificial general intelligence (AGI). AGI, if realized, could bring unprecedented benefits or unforeseen consequences, shaping the course of humanity. As we navigate the challenges and opportunities of 2024, the tech landscape continues to evolve, and those who adapt will thrive in the ever-changing digital era. Thanks for watching, and here's to another year in the simulation.
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