The Generative AI Revolution in 2024 where possibilities are limitless, and advancements are within reach.

In an era defined by rapid technological evolution, Artificial Intelligence (AI) has emerged as a transformative force, that is quickly becoming part of our daily lives. As we witness the widespread integration of AI technologies, it becomes evident that we’re at the forefront of a new wave, one dominated by the rise of Generative AI. AI is not merely a concept of the future but an ever-growing reality, and its popularity continues to soar. Generative AI is a technological frontier that promises innovation, efficiency, and possibilities you simply cannot afford to overlook. In this blog, we delve into the forecasted uptake of AI devices, and the impact they are poised to have on industries and individuals alike.

How Generative AI has become the norm.

Fueled by Microsoft’s support, ChatGPT pioneered the Generative AI landscape with its late 2022 launch, triggering a subsequent influx of competitors. The rapid integration of Generative AI into our daily routines is underscored by insights from Deloitte’s 2023 Digital Consumer Trends research:

  • Over half of the UK population (52%) is familiar with Generative AI.
  • 26% have experienced the technology first-hand.
  • Approximately 8% of respondents (equivalent to over four million individuals in the UK) have employed Generative AI tools in their professional capacities.

This trend extends globally, with Salesforce highlighting Generative AI’s prevalence:

  • 73% of the surveyed Indian population actively uses Generative AI.
  • In Australia, the figure stands at 49%.
  • In the US, 45% of the population embraces Generative AI.

Notably, research indicates that Marketing professionals lead the charge in Generative AI adoption in the US, closely followed by Technology professionals.

Generative AI and Automation is seen as a game changer

According to Salesforce’s latest State of IT report, a significant 86% of IT leaders anticipate that Generative AI will assume a crucial role in their organisations in the foreseeable future.

This overwhelming majority envisions several benefits from Generative AI, including:

  • Enhancing customer service.
  • Optimising data utilisation for organisational advantage.
  • Improving operational efficiency.
  • Alleviating team workload and preventing burnout.
  • Accelerating customer service delivery.
Source: IT Leaders Call Generative AI a ‘Game Changer’ but Seek Progress on Ethics and Trust | Salesforce

The hardware at the forefront of the AI Revolution

At OKdo, we stand at the forefront of the AI revolution, providing cutting-edge off-the-shelf hardware solutions that empower you to be an integral part of this transformative era offering you the tools to unlock innovation, streamline processes, and stay ahead in a rapidly evolving landscape.

  • A cost-effective AI single-board computer with great horsepower
  • Reliable Rockchip RK1808 SoC with 3 TOPS AI processor performs at full frame rate
  • Camera interface or process video/audio from existing cameras using RTSP
  • Pre-integrated GStreamer, OpenCV, RK NPU, and remote-control agent
  • 91 open-source AI models pre-integrated on Rockchip SDK

  • Powered by NVIDIA®, the OKdo Nano C100 Developer Kit delivers the compute performance at unprecedented size, power, and cost
  • Extensive I/Os, ranging from GPIO to CSI enabling a variety of AI applications
  • Built with power-efficiency in mind it consumes as little as 5 watts
  • Supported by NVIDIA® JetPack, which includes a board support package (BSP), Linux OS, NVIDIA® CUDA, cuDNN, and TensorRT software libraries

  • Up to 275 TOPs of AI performance
  • NVIDIA® Ampere architecture GPU together with next-gen deep learning and vision accelerators, high-speed IO, and fast memory bandwidth
  • NVIDIA® JetPack™ SDK brings the NVIDIA® AI software stack, as well as application development and optimisation tools to Jetson saving you significant time developing
  • Highly flexible it’s easy to re-flash and emulate different Jetson modules to suit your needs

What does the future of Generative AI look like?

While each industry presents unique use cases and perspectives on generative AI, the potential benefits are widely acknowledged among workers. Salesforce’s generative AI research indicates these advantages range from time-saving in routine tasks to enhancing customer experiences and boosting revenue. According to IoT Analytics’ 2023 study, global IoT connections are anticipated to reach nearly 30 billion by 2027.

If this projection holds true, with over 19 billion IoT connections worldwide next year, a significant fraction of these connections involving “Smart” IoT devices like Smart Displays, Security Cams, Smart Kiosks, Industrial Sensors, etc., is expected to leverage Generative AI technology. This trend suggests a thriving growth trajectory for Generative AI in the foreseeable future.

Furthermore, the noteworthy point is the substantial investment of over $21 billion in Generative AI startups in 2023 as reported by Pitchbook, witnessing a significant surge from $5.1 billion in 2022. As Generative AI increasingly integrates into our daily lives, this upward trajectory in investment is expected to continue, marking Generative AI’s ongoing integration into our world.

If you find yourself navigating the intricate landscape of AI hardware or envisioning the integration of AI technology into your IoT solutions, the OKdo team is here to guide you. Whether you have questions about the available hardware or need expert advice on incorporating AI seamlessly into your projects, don’t hesitate to reach out. We’re here to empower your journey into the transformative realm of AI.

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