2024 AI predictions from top venture capitalists (VCs) include the rise and fall of generative AI startups, the convergence of text, image, and audio data, the democratization of AI via open-source models, the persistence of a GPU shortage, and major developments from tech giants like Apple and Google. AI in healthcare, climate, and industry could bring significant transformations. Some VCs predict the continuation of the GPU shortage, forcing startups to create more efficient models or seek alternatives, while others foresee tech leaders like Google and Apple making vast inroads. They anticipate the persistent growth of AI, with 2024 being a landmark year.
