The Economist – Technology and telecoms outlook, 2024

In 2024, the technology landscape will be heavily influenced by geopolitics, particularly regarding the rivalry between the US and China in areas like AI, chips, and quantum technologies. The Economist Intelligence Unit (EIU) predicts that despite increased investment in AI, challenges related to regulations and geopolitics will persist. AI will continue to be a major focus for technology investment, with companies seeking practical applications. Due to geopolitical concerns, semiconductor companies in the West will diversify. Regulators will work to keep pace with AI advancements, particularly in the EU. The technology battle between the US and China will have global repercussions. The EIU, a division of The Economist Group, provides unbiased intelligence for businesses, governments, financial institutions, and academic institutions to help them identify opportunities and manage risks confidently. Contact EIU for more information on their services and how they can support strategy development and risk mitigation.