Navigating the Tech Landscape in 2024

Sumit Shaw
3 min readJan 27, 2024

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Photo by Gerard Siderius on Unsplash

Introduction

As we bid farewell to the tumultuous year of 2023, marked by massive layoffs, geopolitical tensions, and shifts in the job market, we step cautiously into the unknown terrain of 2024. In this article, we’ll explore ten technology trends that are set to shape the landscape in the coming year.

The Job Market Rollercoaster

1. Job Market Overview

  • 2023 witnessed layoffs from major tech giants, impacting the job market significantly.
  • Job openings declined, posing challenges for aspiring junior developers.
  • Despite a tough year, there’s a slight upturn with a 13.8% increase in job openings.

2. Economic Influences

  • High-interest rates affect cash-burning startups and real estate transactions.
  • Spotify’s recent layoffs attributed to the higher cost of capital, reflecting the economic challenges.

Crypto Resurgence

3. The Crypto Comeback

  • Bitcoin’s resurgence, surpassing $40K, hints at a potential end to the crypto winter.
  • Speculation arises, with predictions of tokens reaching over a million dollars in value.

Technological Advancements

4. Augmented and Virtual Reality

  • The release of Apple Vision Pro in 2024 may propel augmented and virtual reality technologies.
  • Skepticism persists about mass adoption due to the high cost and potential disconnection from reality.

5. The Rise of Custom Hardware

  • Microsoft and AWS venturing into custom chip production for AI and general-purpose use.
  • Project Volla enabling Windows to run on ARM chips, signaling a potential shift in the CPU market.

6. Gaming Industry Innovations

  • The highly anticipated GTA 6 trailer release, built on Rockstar’s proprietary engine.
  • Unreal Engine 5.3 introduces new features, while Unity faces backlash over its pricing model.

Web and Mobile Development

7. Evolution in JavaScript Land

  • Anticipation for a slowdown in the creation of new JavaScript frameworks.
  • Focus on enhancing tools for existing frameworks and the integration of AI in code writing.

8. Mobile App Development Trends

  • Changing dynamics in mobile app usage, with users reluctant to download new apps.
  • Emergence of low-code tools for cross-platform development, simplifying iOS and Android app creation.

Low-Level Systems and Programming Languages

9. The Growth of Rust and Emerging Languages

  • Rust’s continued growth, even making its way into the Linux kernel.
  • Rising stars like Zig and Mojo, promising low-level languages for specific applications.

The Elephant in the Room: Artificial Intelligence

10. Artificial Intelligence Revolution

  • AI integration in everyday applications like search engines and office tools.
  • The potential impact of AGI (Artificial General Intelligence) on various aspects of life, with contrasting opinions on its arrival.

Conclusion

As we navigate the intricate web of technological advancements in 2024, the year unfolds as a canvas of opportunities and challenges. From the revitalization of crypto to the evolution of web and mobile development, the tech landscape continues to shape our digital future. The question remains — will these advancements lead us to unparalleled prosperity, or are we unwittingly stepping into an era where the lines between reality and simulation blur? Only time will tell. Congratulations on making it to the next round, and here’s to the journey that lies ahead!

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