Generative AI, including large language models (LLMs) and image-generating models, transitioned from early adopter status to mainstream products in 2024. Despite issues like inconsistency, copyright concerns, and long-term challenges, these technologies were integrated into everyday apps and platforms, such as Zoom and Apple Intelligence, making them ubiquitous in daily life.
Elon Musk, after acquiring Twitter (now X), steered the platform to the right and actively worked to elect Donald Trump. Musk became a close advisor to Trump, leveraging his influence on social media to impact the election, marking a significant shift in tech's involvement in politics.
The tech job market in 2024 saw significant layoffs, particularly after the pandemic hiring spree. Companies like Google and Facebook reduced their workforce, and the market became more competitive, with a focus on highly specialized roles like machine learning researchers. Even top-tier AI and machine learning PhD graduates faced challenges finding jobs, reflecting a tougher market overall.
AI in 2024 raised significant ethical concerns, including fears about the loss of distinction between human and machine-generated content, the potential for misinformation, and the entrenchment of power in big tech companies. The technology's rapid development and integration into daily life also sparked debates about its impact on truth, privacy, and societal norms.
Many Silicon Valley leaders, including Elon Musk, aligned with Trump in 2024 due to dissatisfaction with the Biden administration's regulatory approach to tech and AI. They viewed Trump as more favorable to innovation and less likely to impose restrictive regulations, particularly in areas like defense tech and AI development.
The potential ban of TikTok in 2024 stemmed from concerns over its Chinese ownership and data security risks. Despite its widespread use by millions of Americans, lawmakers considered banning the app due to fears of surveillance and data misuse by the Chinese government. The Supreme Court was set to hear the case, making it a pivotal moment for tech regulation and free speech.
In 2024, AI showed promise in healthcare by assisting doctors with tasks like note-taking and charting, reducing their workload. However, its use in therapy and education raised concerns, with applications like cheating and low-quality information generation being prevalent. While some saw potential for positive uses like tutoring, the technology's impact remained a double-edged sword.
In 2024, Silicon Valley saw a resurgence in its ties to defense technology, reminiscent of its Cold War origins. Many tech leaders, including those supporting Trump, viewed defense contracts as a lucrative opportunity for AI and other technologies. This shift marked a return to the industry's roots in defense tech, driven by both economic and geopolitical factors.
AI's massive energy consumption in 2024 raised environmental concerns, particularly as data centers required significant power. Tech companies like Microsoft explored alternatives such as hydro, wind, and nuclear energy to meet their climate pledges. The growing demand for electricity to power AI infrastructure highlighted the technology's broader economic and environmental impact.
Ultra-cheap e-commerce platforms like Temu and Shein exploded in popularity in 2024, offering heavily discounted goods and becoming a significant part of American consumer behavior. Temu, in particular, became the most downloaded app in the U.S., reflecting a growing appetite for cheap, fast fashion and goods. Amazon even launched its own version, Haul, to compete in this space.
Looking back at the year in tech in 2024, generative artificial intelligence dominated headlines, became part of our daily lives and pumped up the Bay Area’s job market. On social media, Elon Musk steered the platform X to the right, and worked to elect Donald Trump. Meanwhile, users experimented with other social media platforms, which are increasingly marketing machines for online retailers. We talk about the biggest tech news and trends that shaped our region and the world.