Which 2024 technology do you think is the best? Every 'upgrade' in the information technology sector this year focused on artificial intelligence (AI). The impact, expansion and integration of AI with other technologies has been the topic of most interest and discussion throughout the year 2024.

There were also various initiatives in the fields of mobile technology, space exploration, quantum computing and green technology. Commercial and political competition for advanced chips and their supply, including semiconductors, will intensify in 2024.

As another significant topic of the year, the ban on TikTok in various countries and the ongoing debate in the US were also discussed. The crypto market, which had floundered at the start of 2024, has come to a screeching halt. The company made a return of up to 440 percent on its investment when the price of Bitcoin crossed $100,000 for the first time.

Some new exciting products in the field of mobiles and gadgets have been released. Both the use and development of electric vehicles increased. The world's richest tech billionaire Elon Musk not only became a significant influence in the US presidential election, but also became a promoter of nearly 4.5 billion dollars. 

In the December 30th Forbes list of billionaires, seven of the first 10 positions were occupied by Silicon Valley tech tycoons. Thus, their growing influence can be interpreted as the year 2024 being extremely ripe for technology professionals.

After the Covid-19 epidemic, there were many problems of staff reduction, legal troubles, various policy questions and complex geopolitics in the 'tech-biz' sector which has become a bit of a cult. However, towards the end of 2014, it was seen that this sector managed to maintain its speed of expansion and influence. 

2024 major breakthroughs

The biggest winner in the technology sector in 2024 is the semiconductor and advanced chip market. Nvidia, the leading maker of advanced chips, has grown 183 percent in almost a year to become a $30 trillion company for the first time.

This company became the most valuable company in the world last June with high share price. Currently it is the second most valuable company after Apple. Trade tensions between the world's two largest superpowers, the US and China, have also escalated this year over semiconductor chips. The situation of prohibiting and banning each other continued. 

Nvidia's chief Taiwanese-American Jensen Huang became the tenth richest man in the world with a fortune of 120 billion US dollars. The global market for advanced chips and related technologies will grow to around $7 trillion by 2024. 

5G technology, AI, electric vehicles, along with the growing demand for advanced chips in other fields, experts estimate that this sector will become a market of about 8 trillion US dollars by 2025. Along with Nvidia, the earnings of the Taiwanese chip company (TMSC), Samsung, Intel, Qualcomm and others were also cut. 

Another big topic of the year 2024 was Artificial Intelligence i.e. AI field. The development and expansion of AI, which started to rise from 2022, slowed down this year. The use of AI was not limited to content generation platforms this year, with Apple trying to incorporate intelligence and other areas of computing. Globally, as AI is becoming a topic of daily use, the regulation of this technology and the energy consumed due to it will also be a popular issue of the year 2024. 

Sam Altman, head of OpenAI, creator of ChatGPT, has been in the media all year. Apple, Meta, Google, X, Amazon etc., who are traditionally skeptical of generative AI, are also seen to increase the use and research of AI in their various products and platforms.

The global market for AI is estimated to reach 184 billion US dollars in 2024 and 236 billion US dollars in 2025. OpenAI's revenue doubles in 2024. Elon Musk himself, who believes that AI should be controlled, started raising about 35 billion US dollars in investment for XAI. 

In other big news of 2024, increased investment in quantum computing is also key. In this, various companies including Google have developed remarkable technology, while the competition to build the world's largest and fastest supercomputer has also increased this year. This time, live broadcasts of sports on

streaming platforms set the tone. All 39 games of the two-week Paris Olympics were streamed live on the Peacock app. Recently, on Christmas Day, when Netflix broadcast NFL games live, about 65 million viewers watched. 

Innovative products in the technology sector this year include Elon Musk's Cyber ​​Cab, Nvidia's Blackwell AI chip, and Apple's mixed reality headset 'Apple Vision-Pro'. According to Time Magazine's "The Best Inventions of 2024", consumer electronics include Huawei's trifold phone, LG's transparent television, and Samsung's ultra-high definition ATK TV. 

AI-based toilet seat to Moonbird's device that helps you fall asleep quickly, a straw that can be carried anywhere to filter water made by a company called LifeStripe, Lenovo's laptop 'Thinkbook' with a transparent display, meat produced in a laboratory, Apple's AirPods Pro 2 that helps the hearing impaired, Devices such as AI dating assistants are considered to be the best inventions of the year. 

Biggest failures of the year 

The year 2024 brought not only success in the technology sector, but also stories of failure. In the year 2024, space exploration has faced one problem after another. Although some spacecraft and some SpaceX flights were successful, some aspects of the Mars and Moon journeys were delayed. Aircraft such as Boeing's Starliner, which aggressively competed in the space market, did not give the expected results. 

Last August, two astronauts who went to the International Space Station for 8 days aboard Boeing's Starliner spacecraft are still stuck there after a problem with the spacecraft. Some of the ventures of Space X also had problems, while the flights of countries including India did not have the expected success. There were also nearly 10,000 publicly acknowledged cyberattacks and hacking incidents throughout the year in 2024.

Attempts were made to attack cyber attacks on various government agencies including the US, UK, telecom, health and defense. In 2024, it is estimated that the loss from cybercrime will be around 90 trillion US dollars worldwide. The data security company Ciphertex has estimated that the US itself suffered financial losses of more than 3 billion dollars. 

Many Apple services were shut down this year. The company announced the closure of services like iTunes, Buy Now Pay Later, and Apple's electric car 'Project Titan' was also canceled from this year. Fossil's smartwatch, Google Podcasts, Meta's Mixed Reality and Quest Pro headsets have also been discontinued this year.

The broadcasting tool 'Chromecast' launched by Google since 2013, the digital four-key touchscreen whiteboard 'Jamboard' released in 2017 and the VPN by Google One released in 2020, services such as Google Podcast can no longer be used. 

This year, the legal and policy problems faced by large technology companies also became a topic of constant discussion. The privacy of AI users, the copyright of creators, the use of social media by children, and many other issues have been under the scrutiny of courts and government agencies.

Big companies were forced to pay significant fines in countries like the European Union, India, while the CEO of Telegram was arrested in France for violating the laws of the European Union.

  Video sharing platform Tiktok has been banned and released in various countries including Nepal. Australia announced a complete ban on children's use of social media while the Tiktok debate was not over in America. 

Overall, in the year 2024, the growing political influence of big tech companies and their promoters has become a major theme in the tech sector. Podcasters like Joe Rogan became more influential than Hollywood celebrities in the US presidential election. One after another of Silicon Valley tech tycoons getting political appointments has exposed the growing political clout and power of tech tycoons.