Two new AI advances in 2024 — and how they can help you make money

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Delmaine Donson / iStock.com

Delmaine Donson / iStock.com

AI chatbots and services have gradually penetrated our daily lives. It is now common to see AI services available on websites, fast food kiosks, and financial management.

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As one of the leaders in artificial intelligence technology, OpenAI CEO Sam Altman has high expectations for the growth of AI in 2024 and beyond. Altman believes AI is rapidly evolving and will continue to see rapid growth in the coming years.

“[He] “We are resolutely optimistic about the potential impact of artificial intelligence on society,” MIT reported.

What does the future of AI look like? How can AI tools benefit your life?

1. Automate tasks

In the near future, you can expect AI to complete automated tasks for you, such as tracking your expenses in Quickbooks or automatically filling in your vacation dates.

“Chatbots can use other online tools, such as software apps, websites, spreadsheets, online calendars, and travel sites,” the New York Times reported. “Then people could delegate boring administrative tasks to chatbots.”

Using AI in the workplace increases productivity and allows for more efficient task delegation. Thanks to advances in artificial intelligence, tasks that were once boring can now be completed almost instantly.

One drawback is that AI can automate all these tasks, which could threaten job security and negatively impact society.

2. Instant video

AIs like Midjourney can now create images with the push of a button. Slowly but surely, AI art is improving, making images look more realistic and accurate to the prompts you enter.

But what if AI could create videos instantly?

“This year, companies like OpenAI, Google, Meta, and New York-based Runway are likely to introduce image generators that allow people to generate videos,” the New York Times noted.

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AI video creation could have potential benefits for people working in media fields such as digital marketing. AI video streamlines the complex video creation process and helps you run video ad campaigns more efficiently.

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This article originally appeared on GOBankingRates.com: 2 new AI advances in 2024 — how they can help you make money



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