Business predictions for 2024 are based on various factors such as economic trends, technological innovations, social changes, and environmental issues. Read 4 predictions for 2024.
Consumers will prefer brands that have a positive impact on the planet and society. Governments will enforce stricter regulations on carbon emissions, waste management, and renewable energy.
AI will enable businesses to automate processes, optimize performance, enhance customer experience, and create new products and services. However, AI will also pose ethical challenges, such as privacy, security, bias, and accountability.
Inflation is expected to drop in 2024, as the global economy recovers and stabilizes. The worldwide banks have set a target for inflation to be at 3% by 2024.
Workers will pursue more education and training, especially in fields that are in high demand or emerging, such as green technology, digital skills, and data science.